Multifamily
10136 S Inglewood Blvd
10136 S Inglewood Ave, Inglewood, CA 90304
Listing Price: $20,000,000
Investment Overview
10136 & 10200 Inglewood Avenue is a newly constructed, five-story, 136-unit apartment community in Lennox, half a block south of Century Boulevard between LAX and the Inglewood sports & entertainment district. Built in 2026 around efficient studios and one-bedrooms averaging ±233 SF, the property is offered prior to its certificate of occupancy at roughly $147K per unit. The project was approved ministerially by LA County Regional Planning as a density-bonus housing development: 124 market-rate units (including the manager's unit) and 12 income-restricted units. No car parking is required; the building provides 148 secure bike spaces less than a mile from Metro's C and K Lines. At the asking price, the property is projected to return a 7.11% cap rate on rents of $1,250 (studio) and $1,450 (one-bedroom).
10136 S Inglewood Blvd
Investment Highlights
- New 2026 construction offered at $147,059 per unit, 44% below the $261K average of four recent new-construction sales in South LA
- 7.11% projected cap rate, about 170 bps above the Los Angeles average of 5.37% (Q2 2026), with a 1.41 DCR at 65% leverage
- 136 units where 13 are allowed by right via ministerial County density-bonus approval; the housing permit does not expire and the building may be rebuilt at the same unit count
- Unincorporated LA County (Lennox): no Measure ULA, no County rent cap on the 124 market-rate units, and exempt from AB 1482 for 15 years
- About a mile from Intuit Dome and the LAX/Metro Transit Center and 1.4 miles from SoFi Stadium; Metro 117 bus half a block away and 148 secure bike spaces on site
Exclusively Listed By
Financing By
Listing Price: $20,000,000
Investment Highlights
- New 2026 construction offered at $147,059 per unit, 44% below the $261K average of four recent new-construction sales in South LA
- 7.11% projected cap rate, about 170 bps above the Los Angeles average of 5.37% (Q2 2026), with a 1.41 DCR at 65% leverage
- 136 units where 13 are allowed by right via ministerial County density-bonus approval; the housing permit does not expire and the building may be rebuilt at the same unit count
- Unincorporated LA County (Lennox): no Measure ULA, no County rent cap on the 124 market-rate units, and exempt from AB 1482 for 15 years
- About a mile from Intuit Dome and the LAX/Metro Transit Center and 1.4 miles from SoFi Stadium; Metro 117 bus half a block away and 148 secure bike spaces on site
Investment Overview
10136 & 10200 Inglewood Avenue is a newly constructed, five-story, 136-unit apartment community in Lennox, half a block south of Century Boulevard between LAX and the Inglewood sports & entertainment district. Built in 2026 around efficient studios and one-bedrooms averaging ±233 SF, the property is offered prior to its certificate of occupancy at roughly $147K per unit. The project was approved ministerially by LA County Regional Planning as a density-bonus housing development: 124 market-rate units (including the manager's unit) and 12 income-restricted units. No car parking is required; the building provides 148 secure bike spaces less than a mile from Metro's C and K Lines. At the asking price, the property is projected to return a 7.11% cap rate on rents of $1,250 (studio) and $1,450 (one-bedroom).
Exclusively Listed By
Financing By
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