Apartment Building with Three-Year-Old
For Sale
$1,495,000
320 Lime St, Inglewood, CA 90301
Five-unit multifamily building with forced-air heating and dual-pane windows for soundproofing.
Property Size5,952 SF
Days on Market130
Property Features for 320 Lime St
General Information
Standard status
Active
Size
5,952 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Arbor Village
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
Listed By:
Eugene Anthony · License #00634953
(213) 700-1071
Source:
Evecap
Added: Jun 25
Changed: Oct 31
Last Checked: Nov 1 at 2:53PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$73,726
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,474,520
$1.5M
Cap Rate 7%
$1,053,229
$1.1M
Cap Rate 9%
$819,178
$819.2K
Market Conditions
NOI Build-Up for 5,952 SF
Gross rent
$135.0K $22.68/SF
− Vacancy
−$945 −$0.16/SF
EGI
$134.0K $22.52/SF
− OpEx
−$60.3K −$10.13/SF
NOI
$73.7K $12.39/SF
Area
Inglewood, CA
Vacancy
0.70%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,474,520
Cap Rate 7%
$1,053,229
Cap Rate 9%
$819,178
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$921.6K – $1.23M
NOI $73,726 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M
NOI $169,989 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,516
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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 $1,495,000.
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
