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10630 Crenshaw Blvd 5 Unit Apartment Building $1,793,976 CAD ($358,795 CAD/Unit) 5.74% Cap Rate Inglewood, CA 90303



Investment Highlights
- Inglewood Sound Abatement Program Completed: updated electrical, new dual-pane windows, new doors and new AC units in are unit.
- Garage Parking: 1 garage space per unit (5 total), a meaningful competitive advantage for tenant retention and rentability.
- Strong Unit Mix: (1) 3+2, (1) 2+1, (3) 1+1 offering broad tenant appeal and durable leasing demand.
- Inglewood Growth Corridor: Minutes from Hollywood Park / SoFi Stadium and Intuit Dome, supporting strong rental demand and long-term area investment.
Executive Summary
10630 Crenshaw Blvd, Inglewood 90303 is an exceptional 5-unit multifamily asset positioned in a high-demand pocket of Inglewood along the Crenshaw corridor. This well-maintained property has benefited from the Inglewood Sound Abatement Program, with upgrades including updated electrical, new dual-pane windows, new doors and new AC units in are unit.
The property features an excellent unit mix: (1) 3b/2b, (1) 2b/1b, (3) 1b/1b, offering strong tenant demand and income stability. With one unit currently in eviction, the buyer has an immediate path to renovate and reach market rent. Adjacent 5-unit property also available for sale: 10634 Crenshaw Blvd, presenting a rare opportunity to acquire 10 units side-by-side in a rapidly appreciating Inglewood submarket.
Inglewood continues to see outsized attention and capital driven by the growth of the Hollywood Park district, a large mixed-use campus centered around SoFi Stadium with retail, offices, residences, parks, and year-round events. The area is also anchored by Intuit Dome, adding another major events venue that drives consistent activity and demand in the surrounding neighborhoods. Separately, The City is advancing the Inglewood Transit Connector, with Phase I construction anticipated to begin in early 2026, supporting longer-term connectivity and continued investment near key corridors.
The property features an excellent unit mix: (1) 3b/2b, (1) 2b/1b, (3) 1b/1b, offering strong tenant demand and income stability. With one unit currently in eviction, the buyer has an immediate path to renovate and reach market rent. Adjacent 5-unit property also available for sale: 10634 Crenshaw Blvd, presenting a rare opportunity to acquire 10 units side-by-side in a rapidly appreciating Inglewood submarket.
Inglewood continues to see outsized attention and capital driven by the growth of the Hollywood Park district, a large mixed-use campus centered around SoFi Stadium with retail, offices, residences, parks, and year-round events. The area is also anchored by Intuit Dome, adding another major events venue that drives consistent activity and demand in the surrounding neighborhoods. Separately, The City is advancing the Inglewood Transit Connector, with Phase I construction anticipated to begin in early 2026, supporting longer-term connectivity and continued investment near key corridors.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,793,976 CAD | Property Subtype | Apartment |
| Price Per Unit | $358,795 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.74% | Lot Size | 0.14 AC |
| Sale Condition | 1031 Exchange | Building Size | 5,136 SF |
| Gross Rent Multiplier | 11.3 | Average Occupancy | 80% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1956 |
| Zoning | INR3YY | ||
| Price | $1,793,976 CAD |
| Price Per Unit | $358,795 CAD |
| Sale Type | Investment |
| Cap Rate | 5.74% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 11.3 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,136 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1956 |
| Zoning | INR3YY |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $3,104 CAD | - |
| 1+1 | 1 | $2,360 CAD | - |
| 1+1 | 1 | $2,660 CAD | - |
| 1+1 | 1 | $2,524 CAD | - |
| 2+1 | 1 | $2,449 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4030-031-037 | Total Assessment | $949,298 CAD |
| Land Assessment | $762,995 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $186,303 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
4030-031-037
Land Assessment
$762,995 CAD
Improvements Assessment
$186,303 CAD
Total Assessment
$949,298 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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10630 Crenshaw Blvd
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