Quadplex with
For Sale
$1,125,000
Pending
315 W Queen St, Inglewood, CA 90301
MULTI_FAMILY - Inglewood, CA
Property Size2,666 SF
Lot Size0.27 Acres
Days on Market48
Property Features for 315 W Queen St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
INR4*
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1
Parking
5
Parking features
Garage
Directions
315 W. Queen Street | Inglewood, CA 90301
Subdivision
North Inglewood
Standard status
Pending
APN
4020-007-033
Size
2,666 SF
Lot size
0.27 Acres
Building Details
Year built
1940
Floors in Building
2
Number of units
4
Listing Agency:
Keller Williams Hollywood Hills · Keller Williams Realty
(310) 623-1300
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Added: Jun 19
Changed: Aug 1
Last Checked: Aug 5 at 12:06PM
MLS# 26849765
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.
315 W Queen St is a four-unit quadplex on a large 11,548 SF lot, totaling 2,666 SF of living space. Built in 1940, the property features two 2-bed / 1-bath units and two 1-bed / 1-bath units, and it is fully occupied.
The property is zoned INR4* and includes garage parking. It is located at 315 W Queen St in Inglewood, Los Angeles County, CA 90301, within a market that includes major event and employment destinations nearby.
The current offering reflects a stabilized setup with a 6.0% cap rate, providing in-place cash flow from day one while offering an opportunity to consider future development possibilities consistent with the size of the lot.
The property is zoned INR4* and includes garage parking. It is located at 315 W Queen St in Inglewood, Los Angeles County, CA 90301, within a market that includes major event and employment destinations nearby.
The current offering reflects a stabilized setup with a 6.0% cap rate, providing in-place cash flow from day one while offering an opportunity to consider future development possibilities consistent with the size of the lot.
Key Highlights
- Two 2‑bed / 1‑bath units plus two 1‑bed / 1‑bath units
- Fully occupied four‑unit quadplex
- 6.0% cap rate
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 | $54.4k | $20.40 |
| − Vacancy | −$359 | −$0.13 |
| EGI | $54.0k | $20.27 |
| − OpEx | −$16.2k | −$6.08 |
| NOI | $37.8k | $14.19 |
2,666 SF · lease $20.40/SF/yr · vacancy 0.66% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$540.3K
$472.7K – $630.3K
NOI $37,819 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$471.8K
$412.8K – $550.4K
NOI $33,023 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.09M
$951.8K – $1.27M
NOI $76,141 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,522
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex in INR4* zoning, built in 1940, with a garage and an in-place unit mix of two 2-bed and two 1-bed units.
Where is this quadplex located?
The property is located at 315 W Queen St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two 2‑bed / 1‑bath units plus two 1‑bed / 1‑bath units; Fully occupied four‑unit quadplex; 6.0% cap rate
