Price Reduced ListingWe are pleased to present the exclusive offering of 435 W Regent St, a turnkey apartment community located in the heart of Inglewood. This asset represents a rare opportunity to acquire a fully renovated, high-quality 9-unit apartment building just minutes from SoFi Stadium and the Hollywood Park development. Originally constructed in 1960, the property consists of approximately 6,443 rentable square feet situated on a 9,971 square foot lot. The current ownership has completed extensive renovations, with 6 of the 9 units fully upgraded with high-end finishes. All units feature in-unit washer and dryers, a highly desirable amenity that supports premium rents and strong tenant retention. The property also includes 9 covered parking spaces. The asset demonstrates strong in-place performance, currently operating at a 5.84% cap rate and 1103 GRM, with upside to a projected 6.51% cap rate and 10.14 GRM upon stabilization. The property is individually metered for gas and electricity and benefits from an existing RUBS (Ratio Utility Billing System) program, allowing ownership to recapture a portion of utility expenses and further enhance net operating income. Positioned in one of Southern California's most rapidly evolving rental markets, 435 W Regent St offers investors stable cash flow, strong rental demand, and long-term appreciation potential.
| MLS # | 26779995 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 152 |
| Listing Provided By | BRC Advisors- BH | John Katnik |
| Bed(s) | 14 |
|---|---|
| Bath(s) | 11 |
| SQ Feet | 6,443 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 9 |
| Building(s) | 1 |
| Zoning | INR4* |
| Acreage | 0.23 |
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Microwave, Refrigerator, Dryer, Washer |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Detached Carport |
| Community Features | Pool |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $2,725,000 low | high Med: $795,000 sqft: 6,443 low | high Med: 1,258 $ / sqft: $423 low | high Med: $632 On site: 152 low | high Med: 101 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $2,725,000 low | high Med: $795,000 sqft: 6,443 low | high Med: 1,258 $ / sqft: $423 low | high Med: $632 On site: 152 low | high Med: 101 | |