Two-Building Apartment
625 E 99th Inglewood, CA 90301
625 E 99th, Inglewood, CA, 90301
$3,750,000
For Sale
$3,750,000
Two buildings with 12 units total, including 12 parking spaces and in-unit laundry for six units.
Property Size14,884 SF
Price / SF$251.95
Days on Market170
Property Features for 625 E 99th
General Information
- Standard status
- Active
- Size
- 14,884 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1955
Listing Agency
(310) 241-3038
Listed by
Compass
Source
Xome
Added: Jan 31 Checked: Jul 20 at 1:47 am
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.
This apartment complex consists of two buildings totaling 12 units, with each unit offering three bedrooms. The site includes 12 parking spaces, and six of the units are equipped with in-unit laundry. The property has undergone significant capital improvements, including the installation of new electrical panels, individual meters, and a secure gated entrance.
The property is located at 625 E 99th in Inglewood, just blocks from the Intuit Dome and SoFi Stadium.
The existing configuration supports day-to-day resident convenience with on-site parking and in-unit laundry in a portion of the units, along with updated electrical and metering infrastructure.
The property is located at 625 E 99th in Inglewood, just blocks from the Intuit Dome and SoFi Stadium.
The existing configuration supports day-to-day resident convenience with on-site parking and in-unit laundry in a portion of the units, along with updated electrical and metering infrastructure.
Key Highlights
- Two buildings totaling 12 units, with each unit offering 3 bedrooms
- 12 parking spaces on‑site
- In‑unit laundry available for 6 units
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $337.6k | $22.68 |
| − Vacancy | −$2.4k | −$0.16 |
| EGI | $335.2k | $22.52 |
| − OpEx | −$150.8k | −$10.13 |
| NOI | $184.4k | $12.39 |
14,884 SF · lease $22.68/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.63M
$2.30M – $3.07M
NOI $184,363 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.07M
$5.31M – $7.08M
NOI $425,087 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Luna’s lanscaping
Landscaping
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Two buildings with 12 units total, including 12 parking spaces and in-unit laundry for six units.
Where is this apartment building located?
The property is located at 625 E 99th Inglewood, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Two buildings totaling 12 units, with each unit offering 3 bedrooms; 12 parking spaces on‑site; In‑unit laundry available for 6 units
