10136 Inglewood Ave 136 Unit Apartment Building $45,457,502 CAD ($334,246 CAD/Unit) 6% Cap Rate Inglewood, CA 90304

Thompson Team Real Estate is proud to exclusively offer this newly constructed 136-unit, five-story multifamily asset in Inglewood, California presents a rare opportunity to acquire a modern, institutional-quality property in one of Southern California’s strongest rental growth corridors. Developed by Vargas International Developments, the property totals approximately 45,465 square feet and sits on an 11,722 square foot LCC2YY-zoned lot. The unit mix consists of efficiently designed studios (±270 SF) and one-bedroom units (±375 SF), with 124 units projected at market rents. The offering is underwritten at a 6.0% pro forma cap rate with 5% vacancy, a 13.24 GRM, and $725.83 price per square foot. The building features contemporary construction and modern renter-focused amenities including a rooftop common area, in-unit laundry, and secure bike storage rooms. The compact, efficient layouts are tailored to workforce and urban tenants seeking attainable living options in a high-demand coastal-adjacent sub-market. With strong demand drivers and limited comparable new supply at this scale, the asset is positioned for stable cash flow and long-term appreciation. Strategically located minutes from SoFi Stadium, Intuit Dome, The Forum, and Los Angeles International Airport, the property benefits from immediate access to the 405 and 105 freeways and proximity to Hawthorne, Manhattan Beach, Los Angeles, Carson, Gardena, and Torrance. The surrounding neighborhood offers walkable access to shopping, dining, and essential services, reinforcing tenant demand and enhancing long-term investment fundamentals.