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Duplex with Four-Car Garage
For Sale
$725,000

10923 S Inglewood Ave, Inglewood, CA 90304

Two residences include a detached rear unit above a four-car garage, with a two-bedroom layout and in-unit laundry.

Property Size2,512 SF
Price / SF$288.61
Days on Market246

Property Features for 10923 S Inglewood Ave

General Information

Standard status Active
Size 2,512 SF
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,512 SF
Year Built 1939
Listing Agency: VCA Realty & Property Services
Listed By: Carlos Vasquez · License #01720546
Source: Highend-estates
Added: Feb 22 Changed: Oct 26 Last Checked: Oct 26 at 2:18PM

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 VCA Realty & Property Services

Rey
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Investment Insights

Based on property information with market context.

The property contains 2,512 square feet across a front residence and a detached rear unit positioned above a four-car garage. The rear unit was built approximately 17 years ago and has two bedrooms, each with its own bathroom. A separate laundry room includes an additional quarter bathroom, and the space is large enough for a third room. The front residence dates to 1939.

Located in Inglewood, the property offers access to major freeways, SoFi Stadium, Intuit Dome, Hollywood Park development, LAX, and public transportation.

Key Highlights

  • 2,512‑square‑foot property with a front residence and detached rear unit
  • Rear unit built approximately 17 years ago, with two bedrooms and a bathroom in each
  • Laundry room with an additional quarter bathroom and space for a third room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,635
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,700 $712.7K
Cap Rate 7%
$509,071 $509.1K
Cap Rate 9%
$395,944 $395.9K
Market Conditions
NOI Build-Up for 2,512 SF
Gross rent
$51.2K $20.40/SF
− Vacancy
−$338 −$0.13/SF
EGI
$50.9K $20.27/SF
− OpEx
−$15.3K −$6.08/SF
NOI
$35.6K $14.19/SF
Area
Inglewood, CA
Vacancy
0.66%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,700
Cap Rate 7%
$509,071
Cap Rate 9%
$395,944

Alternative Uses

Best Use
Multifamily LT 5
$509.1K
$445.4K – $593.9K (±1% cap)
NOI $35,635 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$444.5K
$388.9K – $518.6K (±1% cap)
NOI $31,115 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$1.02M
$896.8K – $1.20M (±1% cap)
NOI $71,743 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,477
Businesses Nearby

Demographics for 90304, CA

26,058
Population
7,673
Households
3.4
Avg Household Size
33
Median Age
14%
College-Educated
56%
High-School Grad
1.6 sq mi
ZIP Area
16,286
Density / Sq Mi
$63,317
Median Household Income
$31,385
Median Earnings
$1,499
Median Rent
$696,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences include a detached rear unit above a four-car garage, with a two-bedroom layout and in-unit laundry.
Where is this duplex located?
The property is located at 10923 S Inglewood Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,512‑square‑foot property with a front residence and detached rear unit; Rear unit built approximately 17 years ago, with two bedrooms and a bathroom in each; Laundry room with an additional quarter bathroom and space for a third room
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