128 N Hillcrest Blvd, Inglewood, CA 90301
128 N Hillcrest Blvd, Inglewood, CA 90301
128 N Hillcrest Blvd, Inglewood, CA 90301
29
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$1,425,000
Est. payment /mo
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10 Beds
5 Baths
5,180 SqFt
New

128 N Hillcrest Blvd Inglewood, CA 90301

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Jasmin Conner

Jasmin Conner

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,180 sqft

Price per Sqft $275

MLS Listing ID 26866763

Bedrooms 10

Year Built 1922

Lot Size 0.306 Acres

Acres 0.3062

Property Sub-Type Multi-Family

Property Description

Come build in the City of Champions! We are pleased to present the exclusive offering of 128 N Hillcrest Blvd, a rare value-add multifamily opportunity located on one of Inglewood's most desirable residential streets. The property consists of a 5-unit apartment community featuring a front fourplex and a detached back house, all situated on a massive lot with additional ADU potential. Originally constructed in 1922, the property experienced a fire in 2016 and has since undergone substantial reconstruction. Most of the heavy lifting has already been completed, creating a unique opportunity for a savvy investor or developer to finalize the project and unlock significant upside. All five units are spacious 2-bedroom layouts and the property will be delivered 100% vacant, allowing a new owner complete flexibility in executing their business plan without tenant relocation concerns.Positioned on arguably the premier street in all of Inglewood, Hillcrest Blvd is surrounded by high-end single family homes and benefits from strong neighborhood appeal, limited multifamily inventory, and continued growth driven by the surrounding Inglewood redevelopment. The property is being offered at an attractive basis of approximately $285,000 per unit and $275 per square foot. Based on projected stabilized operations, the asset is projected to achieve an 7.64% cap rate and 8.73 GRM before renovation completion costs, presenting investors with an exceptional opportunity to create substantial value in one of Southern California's fastest evolving rental markets.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment None

Laundry In Unit

Exterior

Parking Features Carport

Garage Spaces 5.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by BRC Advisors- BH

NEARBY SCHOOL & BUSINESS

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128 N Hillcrest Blvd