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Renovated Multifamily with Private Balconies
For Sale
Contact for pricing
Pending

343 Warren Ln, Inglewood, CA 90302

Two-bedroom units include two parking spaces each, with on-site laundry and security cameras on a 12,269 sq ft lot.

Property SizeContact for details
Lot Size12,269.00 Acres
Days on Market122

Property Features for 343 Warren Ln

General Information

Standard status Pending
Total Parking Spaces 16
Lot size 12,269.00 Acres
Property subtype Multifamily

Additional Details

Cap Rate 4.48%

Amenities

On-Site Laundry Facility
Security Camera System
Listing Agency: Shield Commercial Real Estate
Listed By: Allen Gholian · License #01856803
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 4:00PM

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 Shield Commercial Real Estate

Investment Insights

Based on property information with market context.

This residential income property features all 2-bedroom units, with two parking spaces per unit totaling sixteen spaces. The site includes a security camera system and an on-site laundry facility that generates additional annual income. Two units have been extensively renovated, and some units include private balconies. The property sits on a 12,269-square-foot lot.

The asset is located within 1.5 miles of SoFi Stadium and The Forum, and about 2 miles of Intuit Dome. It is also positioned close to Hollywood Park Tomorrow and nearby transit and employment corridors, including the Crenshaw/LAX Metro Line, SpaceX and the Tesla Design Center, as well as LAX Airport.

Investment materials report a 4.48% current cap rate and 14.85 current GRM, along with pro-forma figures of an 8.05% pro-forma cap rate and 9.57 pro-forma GRM.

Key Highlights

  • Two‑bedroom units with 2 parking spaces each; total of 16 parking spaces
  • All units include on‑site laundry and a security camera system
  • 12,269‑sq‑ft lot with two extensively renovated units and some units with private balconies

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Travel Agency Tattoo & Piercing Shop Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units include two parking spaces each, with on-site laundry and security cameras on a 12,269 sq ft lot.
Where is this duplex located?
The property is located at 343 Warren Ln Inglewood, CA.
What are key features of this property?
This property features: Two‑bedroom units with 2 parking spaces each; total of 16 parking spaces; All units include on‑site laundry and a security camera system; 12,269‑sq‑ft lot with two extensively renovated units and some units with private balconies
More about this property
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