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Residential Income Property
For Sale
$1,315,000

10632 Crenshaw Blvd, Inglewood, CA 90303

Residential income property built in 1956 along Crenshaw Boulevard in Inglewood.

Property Size5,136 SF
Days on Market72

Property Features for 10632 Crenshaw Blvd

General Information

Standard status Active
Size 5,136 SF
Property subtype Apartment

Building Details

Building Size 5,136 SF
Year Built 1956
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Cameron Samimi · License #02035763
Source: Truthrealty
Added: Aug 11 Changed: Oct 8 Last Checked: Oct 21 at 7:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This residential income property was built in 1956 and is located at 10632 Crenshaw Blvd in Inglewood, California. Exterior information identifies wrought iron and an assigned feature.

The property is in Los Angeles County. Access is described as south on Crenshaw Boulevard between Century Boulevard and Imperial Highway.

Key Highlights

  • Built in 1956
  • Located at 10632 Crenshaw Blvd, Inglewood, CA 90303
  • Wrought iron exterior feature

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,618
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,360 $1.3M
Cap Rate 7%
$908,829 $908.8K
Cap Rate 9%
$706,867 $706.9K
Market Conditions
NOI Build-Up for 5,136 SF
Gross rent
$116.5K $22.68/SF
− Vacancy
−$815 −$0.16/SF
EGI
$115.7K $22.52/SF
− OpEx
−$52.1K −$10.13/SF
NOI
$63.6K $12.39/SF
Area
Inglewood, CA
Vacancy
0.70%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,360
Cap Rate 7%
$908,829
Cap Rate 9%
$706,867

Alternative Uses

Best Use
Apartment 5plus
$908.8K
$795.2K – $1.06M (±1% cap)
NOI $63,618 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.83M – $2.44M (±1% cap)
NOI $146,684 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

Demographics for 90303, CA

24,490
Population
7,354
Households
3.3
Avg Household Size
35
Median Age
18%
College-Educated
73%
High-School Grad
1.9 sq mi
ZIP Area
12,889
Density / Sq Mi
$70,853
Median Household Income
$36,292
Median Earnings
$1,709
Median Rent
$764,200
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Residential income property built in 1956 along Crenshaw Boulevard in Inglewood.
Where is this residential income property located?
The property is located at 10632 Crenshaw Blvd Inglewood, CA.
What is the asking price?
The asking price for this property is $1,315,000.
What are key features of this property?
This property features: Built in 1956; Located at 10632 Crenshaw Blvd, Inglewood, CA 90303; Wrought iron exterior feature
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