Apartment Building with Three-Year-Old
For Sale
$1,525,000
320 Lime St, Inglewood, CA 90301
Five-unit multifamily building with forced-air heating and dual-pane windows for soundproofing.
Days on Market37
Property Features for 320 Lime St
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 3BR+den/1.75BA, 1 x 3BR/1.75BA, 2 x 2BR/1.75BA, 1 x 1BR/1BA
Multifamily Units
5
Amenities
fireplaces
balconies
Building Details
Building Size
5,952 SF
Year Built
1963
Buildings
1
Listing Agency:
Realty Executives Westside
(310) 737-1992
Listed By:
Eugene Anthony · License #00634953
Source:
Evecap
Added: Jun 25
Changed: Jul 30
Last Checked: Jul 31 at 11:29AM
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 Realty Executives Westside
Investment Insights
Based on property information with market context.
This apartment building is a five-unit residential income property built in 1963. The unit mix includes one 3-bedroom plus den unit with 1.75 baths, one 3-bedroom unit with 1.75 baths, two 2-bedroom units with 1.75 baths, and one 1-bedroom unit with 1 bath. Both 3-bedroom units include fireplaces and balconies.
The building is all electric and includes copper plumbing throughout. Improvements referenced include a roof that is approximately 3 years old, forced-air heating and heating upgrades through the LAX Airport Program, solid core doors, dual pane windows for soundproofing, and updated electrical panels.
This listing is part of a package of three separate apartment buildings and can be purchased as a package or individually. The other referenced MLS numbers are 26858763 and 26858849. Please do not disturb tenants.
The building is all electric and includes copper plumbing throughout. Improvements referenced include a roof that is approximately 3 years old, forced-air heating and heating upgrades through the LAX Airport Program, solid core doors, dual pane windows for soundproofing, and updated electrical panels.
This listing is part of a package of three separate apartment buildings and can be purchased as a package or individually. The other referenced MLS numbers are 26858763 and 26858849. Please do not disturb tenants.
Key Highlights
- Five‑unit apartment building built in 1963
- Unit mix includes 2 three‑bedroom units, 2 two‑bedroom units, and 1 one‑bedroom unit
- 3‑bedroom units feature fireplaces and balconies
Financial Insights For Apartment 5plus
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 | $135.0k | $22.68 |
| − Vacancy | −$945 | −$0.16 |
| EGI | $134.0k | $22.52 |
| − OpEx | −$60.3k | −$10.13 |
| NOI | $73.7k | $12.39 |
5,952 SF · lease $22.68/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$921.6K – $1.23M
NOI $73,726 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M
NOI $169,989 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,713
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 - Five-unit multifamily building with forced-air heating and dual-pane windows for soundproofing.
Where is this apartment building located?
The property is located at 320 Lime St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Five‑unit apartment building built in 1963; Unit mix includes 2 three‑bedroom units, 2 two‑bedroom units, and 1 one‑bedroom unit; 3‑bedroom units feature fireplaces and balconies
