412 W Queen Street, Inglewood, CA 90301

$1,280,000

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Sold Price
$1,280,000
List Price
$1,200,000
Closing Date
Aug 04, 2025
Status
CLOSED
MLS#
SB25133082
Year Built
1961
Lot Size
7,687
Acres
0.18
Lot Location
Lawn, Landscaped, Sprinkler System, Street Level
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

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.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
7
Gross Scheduled Income
$88,116
Operating Expense
24756

Listing courtesy of Listing Agent: Kathy Jenkins (kathy@kathyjenkins.com) from Listing Office: Andalusian Creek Property Management.

Listing sold by Kathy Jenkins from Andalusian Creek Property Management

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.