Property Detail

Description

We 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 5.40% cap rate and 11.78 GRM, with upside to a projected 5.76% cap rate and 11.26 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.