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Stacey Alysson Melman

2414 W 85th ST
Inglewood, CA, 90305
$1,200,000
5 Beds
5 Baths
3,866 SqFt
0.16 Acres
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MLS #26873277 image #0
$150K PRICE REDUCTION! We are pleased to present the exclusive offering of 2414 W 85th St, a charming value-add apartment community located in one of Inglewood’s most desirable residential neighborhoods. This asset represents a rare opportunity to acquire a well-maintained 5-unit apartment building with significant rental upside just east of SoFi Stadium and the Hollywood Park development. Originally constructed in 1947, the property consists of approximately 3,866 rentable square feet situated on a 6,902 square foot lot. The building features timeless architectural character, highlighted by its attractive brick faade, large bay windows, and charming curb appeal that distinguishes it from many competing multifamily properties in the area. Current ownership has completed numerous capital improvements throughout the property, including upgraded electrical systems, newer triple pane windows, central heating and air conditioning in every unit, individual water heaters, and compliance with California’s SB 721 balcony inspection requirements. The property is individually metered for gas and electricity, minimizing owner utility expenses. The property consists of five units, including two singles, one one-bedroom unit, and two two-bedroom units. One of the two-bedroom units will be delivered vacant at the close of escrow, providing an investor with an immediate opportunity to renovate and lease the unit at market rent. Additionally, all five detached garages located off the alley will be delivered vacant at closing, offering additional income potential through garage rentals or ADU potential (Buyer to Verify). The asset currently operates at a 4.45% cap rate with substantial upside to a projected 8.24% cap rate through the implementation of market rents. Positioned in one of Southern California’s most dynamic rental markets, 2414 W 85th St offers investors stable in-place income, exceptional value-add potential, and long-term appreciation in one of Inglewood’s strongest residential neighborhoods.
AGENT: John Katnik
LISTING BROKERAGE: BRC Advisors- BH
2414 W 85th ST
Inglewood, CA

Property Details

Price:
$1,200,000
MLS #:
26873277
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Neighborhood:
101northinglewood
Listed Date:
Aug 17, 2026
Finished Sq Ft:
3,866
Total Sq Ft:
3,866
Lot Size:
6,902 sqft / 0.16 acres (approx)
Year Built:
1947
101 – North Inglewood101northinglewood
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Schools

Interior

Cooling
CA
Flooring
CARP
Heating
CF
Laundry Features
NO
Levels
U

Exterior

Common Walls
_1CW
Direction Faces
N
Garage Spaces
5
Parking Spots
5
Parking Total
5
Spa Features
NO
Window Features
BW

Financial

Gross Operating Income
$83,727
Net Operating Income
$53,394

Map

Community

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