Townhouse-Style
For Sale
$1,588,000
Pending
546 W Kelso St, Inglewood, CA 90301
Vacant two-unit property with spacious layouts, private outdoor areas, separate laundry rooms, and a detached garage.
Property Size3,838 SF
Days on Market16
Property Features for 546 W Kelso St
General Information
Standard status
Pending
Size
3,838 SF
Total Parking Spaces
4
Property subtype
MULTI_FAMILY
Units
Unit Mix
2 x 5BR/3BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
private laundry rooms
central HVAC
tankless water heaters
separate yards/patios
drought tolerant landscape
Building Details
Building Size
3,838 SF
Year Built
2018
Listing Agency:
Compass
Listed By:
Eric Akutagawa · License #01432257
(310) 622-7169
Source:
Evecap
Added: Aug 21
Changed: Aug 31
Last Checked: Aug 30 at 11:03PM
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 Compass
Investment Insights
Based on property information with market context.
Built in 2018, this vacant duplex contains two townhouse-style residences, each offering more than 1,900 square feet with five bedrooms and three bathrooms. Both units feature quartz-finished kitchens with stainless steel appliances, central heating and air conditioning, private laundry rooms, tankless water heaters, and separate yards or patios. The layout gives each residence the feel of an independent home.
A detached four-car garage and additional driveway parking provide substantial on-site parking capacity. Drought-tolerant landscaping supports the exterior, while separate meters for water, electricity, gas, and sewer/trash provide individual utility measurement for each unit. The property is located less than two miles from SoFi Stadium, the Kia Forum, and the Intuit Dome, and has no city or statewide rent control.
A detached four-car garage and additional driveway parking provide substantial on-site parking capacity. Drought-tolerant landscaping supports the exterior, while separate meters for water, electricity, gas, and sewer/trash provide individual utility measurement for each unit. The property is located less than two miles from SoFi Stadium, the Kia Forum, and the Intuit Dome, and has no city or statewide rent control.
Key Highlights
- Two‑unit duplex built in 2018
- Each residence exceeds 1,900 SF and includes 5 bedrooms and 3 bathrooms
- Quartz kitchens with stainless appliances in both units
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
$54,445
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
3.43%
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%
$1,088,900
$1.1M
Cap Rate 7%
$777,786
$777.8K
Cap Rate 9%
$604,944
$604.9K
Market Conditions
NOI Build-Up for 3,838 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
$78.3K $20.40/SF
− Vacancy
−$517 −$0.13/SF
EGI
$77.8K $20.27/SF
− OpEx
−$23.3K −$6.08/SF
NOI
$54.4K $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%
$1,088,900
Cap Rate 7%
$777,786
Cap Rate 9%
$604,944
Alternative Uses
Best Use
Multifamily LT 5
$777.8K
$680.6K – $907.4K
NOI $54,445 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$679.1K
$594.3K – $792.3K
NOI $47,540 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,613 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,816
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 - Vacant two-unit property with spacious layouts, private outdoor areas, separate laundry rooms, and a detached garage.
Where is this duplex located?
The property is located at 546 W Kelso St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,588,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2018; Each residence exceeds 1,900 SF and includes 5 bedrooms and 3 bathrooms; Quartz kitchens with stainless appliances in both units
