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5-Unit Multifamily Fixer
For Sale
$650,000
Pending

405 Edgewood St, Inglewood, CA 90302

Two-building 5-unit property with owner occupancy, a mix of one-bedroom units, and a downstairs studio.

Property SizeContact for details
Days on Market419

Property Features for 405 Edgewood St

General Information

Standard status Pending
Total Parking Spaces 2

Additional Details

Multifamily Units 5
Listing Agency: Pak Home Realty
Listed By: Maria DeJesu De Santiago · License #01724254
Source: Exprealty
Added: Jun 14, 2025 Changed: Jul 10 Last Checked: Jun 20 at 7:03AM

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 Pak Home Realty

Investment Insights

Based on property information with market context.

This for-sale 5-unit multifamily property is offered as a fixer upper. The layout includes two separate buildings with corner-unit configuration: one single-story building and a second two-story building. The owner occupies one of the buildings, which contains two one-bedroom units. The other building contains three units, including two one-bedroom units and one downstairs studio. One of the units is rented to a long-term tenant.

The property is presented with two addresses, 405 N. Edgewood St. and 237 E. Ivy Ave. Off-street parking is supported by a driveway and two 1-car garages that are located below the two-story building.

For buyers, this is a straightforward small-scale income property with in-place rental housing and additional owner-occupied space. The unit mix of one-bedroom apartments and a downstairs studio can support a variety of tenant preferences, while the two-building structure provides flexibility in how the property is managed and maintained during renovation planning.

Key Highlights

  • 5‑unit, two‑building property in Inglewood, with units at 405 N. Edgewood St. and 237 E. Ivy Ave
  • Owner‑occupied: owner lives in one of the buildings, which includes 2 units with one bedroom each
  • Second building has 3 units total: two 1‑bedroom units and one downstairs studio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Travel Agency Tattoo & Piercing Shop Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,569
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building 5-unit property with owner occupancy, a mix of one-bedroom units, and a downstairs studio.
Where is this apartment building located?
The property is located at 405 Edgewood St Inglewood, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5‑unit, two‑building property in Inglewood, with units at 405 N. Edgewood St. and 237 E. Ivy Ave; Owner‑occupied: owner lives in one of the buildings, which includes 2 units with one bedroom each; Second building has 3 units total: two 1‑bedroom units and one downstairs studio
More about this property
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