Four-Unit Apartment
For Sale
$999,000
Pending
309 W Buckthorn St, Inglewood, CA 90301
MULTI_FAMILY - Inglewood, CA
Property Size3,570 SF
Lot Size0.15 Acres
Days on Market15
Property Features for 309 W Buckthorn St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
INR2YY
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 2
Parking
8
Parking features
Covered, Carport
Directions
North of Arbor Vitae St. between Eucalyptus Ave. and Inglewood Ave.
Subdivision
North Inglewood
Standard status
Pending
APN
4022-017-010
Size
3,570 SF
Lot size
0.15 Acres
Utilities
Heating system
Natural Gas
Building Details
Year built
1958
Floors in Building
2
Number of units
4
Roof type
Rolled Hot Mop
Architectural style
Other
Listing Agency:
Compass
(310) 437-7500
Listed By:
John Capiro · License #00925696
(310) 391-4544
Added: Jul 17
Changed: Jul 29
Last Checked: Jul 31 at 3:06PM
MLS# 26861453
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained four-unit apartment property has been cared for by the same family for more than five decades. The layout includes a spacious owner’s residence with three bedrooms and two bathrooms, along with three additional rental units: one two-bedroom, one-bath apartment and two one-bedroom, one-bath apartments.
The property is located in Inglewood, California and is identified with zoning INR2YY. The lot size is approximately 0.1493 acres and the building size is approximately 3,570 square feet.
As a residential income property, it offers a four-unit configuration with an owner-occupant option and three separate apartment units.
The property is located in Inglewood, California and is identified with zoning INR2YY. The lot size is approximately 0.1493 acres and the building size is approximately 3,570 square feet.
As a residential income property, it offers a four-unit configuration with an owner-occupant option and three separate apartment units.
Key Highlights
- Four‑unit apartment building with an owner residence plus three additional rental units
- Owner's unit features 3 bedrooms and 2 bathrooms
- Additional units include one 2‑bedroom, 1‑bath apartment and two 1‑bedroom, 1‑bath apartments
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.8k | $20.40 |
| − Vacancy | −$481 | −$0.13 |
| EGI | $72.3k | $20.27 |
| − OpEx | −$21.7k | −$6.08 |
| NOI | $50.6k | $14.19 |
3,570 SF · lease $20.40/SF/yr · vacancy 0.66% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$723.5K
$633.0K – $844.1K
NOI $50,643 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$631.7K
$552.8K – $737.0K
NOI $44,220 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,959 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,388
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?
Quadplex - Four-unit apartment building includes a 3-bedroom, 2-bath owner residence plus three rental apartments.
Where is this quadplex located?
The property is located at 309 W Buckthorn St Inglewood, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Four‑unit apartment building with an owner residence plus three additional rental units; Owner's unit features 3 bedrooms and 2 bathrooms; Additional units include one 2‑bedroom, 1‑bath apartment and two 1‑bedroom, 1‑bath apartments
