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Investment Highlights

  • Prime Location Near Sofi, Forum, Intuit, and Major Freeways
  • 5 of 6 Units Updated Including In Unit Laundry
  • 3,870 SF Building on a 6,744 SF Lot
  • One Unit Delivered Vacant and Rent Ready
  • Current Cap 6.27% - Projected Market Cap 7.92%
  • 6 Carport Parking Spaces

Executive Summary

We are pleased to present 612 Aerick Street, a well maintained 6 unit multifamily investment opportunity located in the highly desirable and rapidly growing Inglewood rental market. The property features an attractive unit mix of six 1 bedroom 1 bathroom units totaling 3,870 square feet on a 6,744 square foot lot, offering an efficient layout that supports strong and consistent rental demand. Ownership has completed significant upgrades with five of the six units updated, including in unit laundry. One unit will be delivered vacant and rent ready, providing immediate upside for an investor to capture market rent upon closing. The property also offers six carport parking spaces, an increasingly valuable feature in this submarket. Located just minutes from SoFi Stadium, the Hollywood Park development, the Kia Forum, and major transit corridors, 612 Aerick Street presents a compelling opportunity to acquire an upgraded asset with strong in place income and additional rental upside in one of Southern California’s most dynamic growth markets

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $200,650 $51.85
Other Income - -
Vacancy Loss $6,020 $1.56
Effective Gross Income $194,630 $50.29
Taxes - -
Operating Expenses - -
Total Expenses $61,632 $15.93
Net Operating Income $132,998 $34.37

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $200,650
Annual Per SF $51.85
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $6,020
Annual Per SF $1.56
Effective Gross Income (CAD)
Annual $194,630
Annual Per SF $50.29
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $61,632
Annual Per SF $15.93
Net Operating Income (CAD)
Annual $132,998
Annual Per SF $34.37

Property Facts

Price $2,122,130 CAD
Price Per Unit $353,688 CAD
Sale Type Investment
Cap Rate 6.27%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 3,870 SF
No. Stories 2
Year Built 1957
Parking Ratio 1.55/1,000 SF
Zoning R3, Inglewood - Multiple Dwelling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $9,754 CAD -
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
4021-002-004
Land Assessment
$1,593,598 CAD
Improvements Assessment
$611,939 CAD
Total Assessment
$2,205,536 CAD
  • Listing ID: 39545888

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 612 Aerick St, Inglewood, CA 90301

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