Six-Unit Apartment
New
For Sale
$1,899,999
519 N Exton Ave, Inglewood, CA 90302
The property combines a townhome-style front residence with shared laundry and storage areas.
Property Size6,441 SF
Days on Market6
Property Features for 519 N Exton Ave
General Information
Standard status
Active
Size
6,441 SF
Total Parking Spaces
10
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 3BR/3BA, 1 x 3BR/2.5BA, 4 x 2BR/2BA
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$22,799
Amenities
storage
shared laundry
Building Details
Building Size
6,441 SF
Year Built
1964
Listing Agency:
Real Broker
(424) 364-6683
Listed By:
Zachary Grant · License #02046001
Source:
Evecap
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 6 at 4:39AM
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 Real Broker
Investment Insights
Based on property information with market context.
This 1964 apartment property contains six units averaging more than 1,000 square feet each. The front residence is a two-story, townhome-style layout with three bedrooms and three bathrooms. The remaining homes include one three-bedroom, 2.5-bath unit and four two-bedroom, two-bath units positioned above the parking area. Each apartment has storage within the parking areas, and residents share on-site laundry facilities.
Parking accommodates 10 vehicles through six tuck-under spaces, a two-car garage, and two uncovered stalls. Four units are currently owner occupied, while the remaining apartments have long-term tenants. Delivery may include up to four vacant units. Located at 519 N. Exton Ave in Inglewood, the property is minutes from LAX, SoFi Stadium, the Kia Forum, and Intuit Dome.
Parking accommodates 10 vehicles through six tuck-under spaces, a two-car garage, and two uncovered stalls. Four units are currently owner occupied, while the remaining apartments have long-term tenants. Delivery may include up to four vacant units. Located at 519 N. Exton Ave in Inglewood, the property is minutes from LAX, SoFi Stadium, the Kia Forum, and Intuit Dome.
Key Highlights
- Six units averaging more than 1,000 square feet each
- Unit mix includes one 3‑bedroom, 3‑bath townhome‑style residence, one 3‑bedroom, 2.5‑bath unit, and four 2‑bedroom, 2‑bath units
- 10 total parking spaces: 6 tuck‑under, a 2‑car garage, and 2 uncovered stalls
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
$79,783
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
4.20%
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%
$1,595,660
$1.6M
Cap Rate 7%
$1,139,757
$1.1M
Cap Rate 9%
$886,478
$886.5K
Market Conditions
NOI Build-Up for 6,441 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
$146.1K $22.68/SF
− Vacancy
−$1.0K −$0.16/SF
EGI
$145.1K $22.52/SF
− OpEx
−$65.3K −$10.13/SF
NOI
$79.8K $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 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%
$1,595,660
Cap Rate 7%
$1,139,757
Cap Rate 9%
$886,478
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$997.3K – $1.33M
NOI $79,783 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $183,955 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,435
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?
Apartment building - The property combines a townhome-style front residence with shared laundry and storage areas.
Where is this apartment building located?
The property is located at 519 N Exton Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: Six units averaging more than 1,000 square feet each; Unit mix includes one 3‑bedroom, 3‑bath townhome‑style residence, one 3‑bedroom, 2.5‑bath unit, and four 2‑bedroom, 2‑bath units; 10 total parking spaces: 6 tuck‑under, a 2‑car garage, and 2 uncovered stalls
