Duplex with Detached
New
For Sale
$950,000
521 S Oak St, Inglewood, CA 90301
Two separate residences surround a central courtyard, with additional paved area for parking or outdoor use.
Property Size2,130 SF
Lot Size0.15 Acres
Price / SF$446.01
Days on Market2
Property Features for 521 S Oak St
General Information
Standard status
Active
Size
2,130 SF
Total Parking Spaces
2
Lot size
0.15 Acres
Property subtype
Investment
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Building Size
2,130 SF
Year Built
1963
Buildings
2
Stories
1
Units
2
Listed By:
David Weinberger
(818) 970-0915
Source:
Elliman
Added: Sep 26
Last Checked: Sep 26 at 4:19AM
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 David Weinberger
Investment Insights
Based on property information with market context.
This duplex property in Inglewood comprises two detached, single-story residences with approximately 2,130 square feet of combined living space on an approximately 6,510-square-foot lot. The homes were built in 1963 and include a total of three bathrooms, living and dining areas, and kitchens. A central courtyard separates the residences, and a detached two-car garage and additional paved space are also on site.
The property is minutes from Downtown Inglewood and Market Street, with restaurants, coffee shops, retail, and transit in the area. SoFi Stadium, Hollywood Park, YouTube Theater, the Kia Forum, and Intuit Dome are also nearby.
The property is minutes from Downtown Inglewood and Market Street, with restaurants, coffee shops, retail, and transit in the area. SoFi Stadium, Hollywood Park, YouTube Theater, the Kia Forum, and Intuit Dome are also nearby.
Key Highlights
- Two detached, single‑story residences with approximately 2,130 SF combined living space
- Approximately 6,510 SF lot
- Detached two‑car garage
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
$30,216
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
3.18%
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%
$604,320
$604.3K
Cap Rate 7%
$431,657
$431.7K
Cap Rate 9%
$335,733
$335.7K
Market Conditions
NOI Build-Up for 2,130 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
$43.5K $20.40/SF
− Vacancy
−$287 −$0.13/SF
EGI
$43.2K $20.27/SF
− OpEx
−$12.9K −$6.08/SF
NOI
$30.2K $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%
$604,320
Cap Rate 7%
$431,657
Cap Rate 9%
$335,733
Alternative Uses
Best Use
Multifamily LT 5
$431.7K
$377.7K – $503.6K
NOI $30,216 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$376.9K
$329.8K – $439.7K
NOI $26,384 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$869.0K
$760.4K – $1.01M
NOI $60,833 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,660
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?
Duplex - Two separate residences surround a central courtyard, with additional paved area for parking or outdoor use.
Where is this duplex located?
The property is located at 521 S Oak St Inglewood, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two detached, single‑story residences with approximately 2,130 SF combined living space; Approximately 6,510 SF lot; Detached two‑car garage
