412 W Queen ST new Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90301
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25133082
Year Built 1961
Lot Size 7,688 Sqft
Property Sub-Type Apartment
Property Description
Exceptional Investment Opportunity in Inglewood's Booming Market. Own a piece of Inglewood's exciting transformation with this attractive 7-unit apartment building, ideally located in the heart of the “City of Champions.” Spanning 5,670 square feet on a 7,687 SF lot, this well-maintained property features a desirable unit mix of four 1-bed/1-bath units and three 2-bed/1-bath units, all individually metered for gas and electric—offering strong income potential and operational efficiency. Tenants benefit from ample garage and carport parking, an on-site laundry facility, and unbeatable proximity to world-class destinations including SoFi Stadium, the Kia Forum, YouTube Theater, Intuit Dome, and the Beckman YOLA Center. With easy access to LAX, the I-405 freeway, and the Florence/La Brea Metro Station, this location ensures convenient commuting and lifestyle appeal. The property boasts a solid rental history with significant upside through rent increases, as current rents are below market. Situated in a high-demand area with a growing population, this asset presents a rare chance to generate consistent cash flow and long-term appreciation.
Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking passive income, this investment checks all the boxes. Don't miss out on this opportunity to secure a valuable foothold in one of L.A.'s most dynamic neighborhoods.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR4*
Interior
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks,Urban
Building
Lot Description Lawn,Landscaped,Sprinkler System,Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange,Subject To Other
Listing Terms 1031 Exchange,Subject To Other
Special Listing Condition Standard,Trust