Six-Unit Multifamily
For Sale
$2,399,999
125 E Buckthorn, Inglewood, CA 90301
Built in 1963, the property offers six spacious 3-bedroom, 2-bath residences with washer/dryer connections and parking.
Property Size8,748 SF
Days on Market55
Property Features for 125 E Buckthorn
General Information
Standard status
Active
Size
8,748 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
6
Building Details
Building Size
8,748 SF
Year Built
1963
Tenancy
Multi
Listing Agency:
eXp Realty of Southern Ca, Inc
Listed By:
Cathy Perkins · License #01332244
(714) 290-8301
Source:
Velocityrealtysd
Added: Jul 15
Changed: Aug 28
Last Checked: Sep 6 at 10:34AM
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 eXp Realty of Southern Ca, Inc
Investment Insights
Based on property information with market context.
This 6-unit multifamily property built in 1963 features six oversized 3-bedroom, 2-bath residences with house-like floor plans and generous living areas. Each unit is described as approximately 1,400+ square feet. The units include washer/dryer connections and garage or carport parking.
The property is positioned near Downtown Inglewood and within reach of major transportation and employment destinations, including the Metro K Line, LAX, and Centinela Hospital Medical Center, as well as SoFi Stadium, Intuit Dome, Kia Forum, and Hollywood Park.
The current rent level is described as below market, with mention of partial upgrades and the opportunity to continue improvements. This smaller-scale 6-unit investment is offered for sale for the first time in 20 years.
The property is positioned near Downtown Inglewood and within reach of major transportation and employment destinations, including the Metro K Line, LAX, and Centinela Hospital Medical Center, as well as SoFi Stadium, Intuit Dome, Kia Forum, and Hollywood Park.
The current rent level is described as below market, with mention of partial upgrades and the opportunity to continue improvements. This smaller-scale 6-unit investment is offered for sale for the first time in 20 years.
Key Highlights
- Built in 1963, 6‑unit multifamily property with six 3‑bedroom, 2‑bath residences
- Each unit offers approximately 1,400+ SF with oversized, house‑like floor plans and generous living areas
- Washer/dryer connections in each residence
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
$108,359
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
4.51%
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%
$2,167,180
$2.2M
Cap Rate 7%
$1,547,986
$1.5M
Cap Rate 9%
$1,203,989
$1.2M
Market Conditions
NOI Build-Up for 8,748 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
$198.4K $22.68/SF
− Vacancy
−$1.4K −$0.16/SF
EGI
$197.0K $22.52/SF
− OpEx
−$88.7K −$10.13/SF
NOI
$108.4K $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 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%
$2,167,180
Cap Rate 7%
$1,547,986
Cap Rate 9%
$1,203,989
Alternative Uses
Best Use
Apartment 5plus
$1.55M
$1.35M – $1.81M
NOI $108,359 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.12M – $4.16M
NOI $249,843 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,477
Businesses Nearby
Explore this area
Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
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?
Apartment building - Built in 1963, the property offers six spacious 3-bedroom, 2-bath residences with washer/dryer connections and parking.
Where is this apartment building located?
The property is located at 125 E Buckthorn Inglewood, CA.
What is the asking price?
The asking price for this property is $2,399,999.
What are key features of this property?
This property features: Built in 1963, 6‑unit multifamily property with six 3‑bedroom, 2‑bath residences; Each unit offers approximately 1,400+ SF with oversized, house‑like floor plans and generous living areas; Washer/dryer connections in each residence
