Three-Unit Triplex
For Sale
$870,000
1139 E 65th, Inglewood, CA 90302
Well-maintained triplex with three separate units and six spacious rooms, offered for sale in Inglewood.
Property Size2,160 SF
Days on Market99
Property Features for 1139 E 65th
General Information
Standard status
Active
Size
2,160 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
2,160 SF
Year Built
1922
Listing Agency:
Homeside Real Estate
Listed By:
Willyn Bernabe · License #02072858
(213) 210-8104
Source:
Milsteinestates
Added: Jun 2
Changed: Sep 8
Last Checked: Sep 7 at 7:21PM
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 Homeside Real Estate
Investment Insights
Based on property information with market context.
This beautifully maintained triplex features three separate units with a total of six spacious rooms. The property is presented as a residential income asset suitable for both investors and owner-occupants, with the flexibility that comes from having multiple units within one building.
Located in Inglewood, California, the property is offered for sale at 1139 E 65th, Inglewood, CA 90302. The listing emphasizes strong rental potential within a rapidly growing community.
The layout is configured as a triplex, providing three distinct units under one ownership, which can support a range of day-to-day residential income and occupancy strategies.
Located in Inglewood, California, the property is offered for sale at 1139 E 65th, Inglewood, CA 90302. The listing emphasizes strong rental potential within a rapidly growing community.
The layout is configured as a triplex, providing three distinct units under one ownership, which can support a range of day-to-day residential income and occupancy strategies.
Key Highlights
- Well‑maintained triplex in Inglewood, CA
- 3 separate units
- 6 spacious rooms across the 3 units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,641
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$612,820
$612.8K
Cap Rate 7%
$437,729
$437.7K
Cap Rate 9%
$340,456
$340.5K
Market Conditions
NOI Build-Up for 2,160 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.1K $20.40/SF
− Vacancy
−$291 −$0.13/SF
EGI
$43.8K $20.27/SF
− OpEx
−$13.1K −$6.08/SF
NOI
$30.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$612,820
Cap Rate 7%
$437,729
Cap Rate 9%
$340,456
Alternative Uses
Best Use
Multifamily LT 5
$437.7K
$383.0K – $510.7K
NOI $30,641 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$382.2K
$334.4K – $445.9K
NOI $26,755 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$881.3K
$771.1K – $1.03M
NOI $61,690 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
Explore this area
Business Placement
Demographics for 90302, CA
29,264
Population
11,366
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
15,402
Density / Sq Mi
$72,461
Median Household Income
$37,675
Median Earnings
$1,784
Median Rent
$731,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex with three separate units and six spacious rooms, offered for sale in Inglewood.
Where is this triplex located?
The property is located at 1139 E 65th Inglewood, CA.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Well‑maintained triplex in Inglewood, CA; 3 separate units; 6 spacious rooms across the 3 units
