Fourplex With Detached Residential
New
For Sale
$1,499,000
316 E PLYMOUTH, Inglewood, CA 90302
Four-unit property includes a front house, rear residence, and two upstairs units above garage space.
Property Size3,028 SF
Lot Size0.23 Acres
Price / SF$495.05
Days on Market2
Property Features for 316 E PLYMOUTH
General Information
Standard status
Active
Size
3,028 SF
Total Parking Spaces
3
Lot size
0.23 Acres
Property subtype
Investment
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Building Details
Building Size
3,028 SF
Year Built
1952
Stories
2
Units
4
Listing Agency:
(323) 828-2747
Listed By:
Randy G. Brandon
(323) 828-2747
Source:
Elliman
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 14 at 4:53AM
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 Randy G. Brandon
Investment Insights
Based on property information with market context.
This Inglewood quadplex comprises four residential units arranged across a front house, a detached rear unit, and two upper-level units. The front residence includes two bedrooms, while each of the other three units is configured with one bedroom. The rear unit includes a carport, and the upstairs residences are positioned above a two-car garage. Additional storage space is located beside the garage; the area was previously used as an ADU and is currently identified as storage.
The property occupies a 9,983 square foot lot with 3,028 living space and was built in 1952. It is located at 316 E Plymouth in Inglewood, near Downtown Inglewood, Kia Forum, and SoFi Stadium. Culver City, Marina del Rey, and Santa Monica are also identified as nearby surrounding areas.
The property occupies a 9,983 square foot lot with 3,028 living space and was built in 1952. It is located at 316 E Plymouth in Inglewood, near Downtown Inglewood, Kia Forum, and SoFi Stadium. Culver City, Marina del Rey, and Santa Monica are also identified as nearby surrounding areas.
Key Highlights
- Fourplex with a front 2‑bedroom, 1‑bath house and three 1‑bedroom units
- 3,028 living space on a 9,983 SQ. FT lot
- Rear 1‑bedroom, 1‑bath unit includes a carport
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
$42,954
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
2.87%
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%
$859,080
$859.1K
Cap Rate 7%
$613,629
$613.6K
Cap Rate 9%
$477,267
$477.3K
Market Conditions
NOI Build-Up for 3,028 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
$61.8K $20.40/SF
− Vacancy
−$408 −$0.13/SF
EGI
$61.4K $20.27/SF
− OpEx
−$18.4K −$6.08/SF
NOI
$43.0K $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%
$859,080
Cap Rate 7%
$613,629
Cap Rate 9%
$477,267
Alternative Uses
Best Use
Multifamily LT 5
$613.6K
$536.9K – $715.9K
NOI $42,954 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$535.8K
$468.8K – $625.1K
NOI $37,507 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,480 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,569
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?
Quadplex - Four-unit property includes a front house, rear residence, and two upstairs units above garage space.
Where is this quadplex located?
The property is located at 316 E PLYMOUTH Inglewood, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Fourplex with a front 2‑bedroom, 1‑bath house and three 1‑bedroom units; 3,028 living space on a 9,983 SQ. FT lot; Rear 1‑bedroom, 1‑bath unit includes a carport
