Inglewood, CA 90302,837 W Beach Avenue
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

$5,125,000

$5,500,000

6.8%
Est.Price: ?

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Est. payment /mo

16,018 SqFt


SOLD DATE : 09/16/2025

Key Details

Sold Price $5,125,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 16,018 sqft

Price per Sqft $319

MLS Listing ID CRSB25140461

Sold Date 09/16/25

HOA Y/N No

Year Built 1958

Lot Size 0.477 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

The Breezeway at Beach presents a rare opportunity to acquire two side-by-side apartment buildings totaling 22 units in the highly desirable Northwest Inglewood submarket. Spanning 16,018 SF of rentable space on a large 20,796 SF lot, this well-located asset offers strong in-place income with additional rental upside. The unit mix consists of (6) 2-bedroom, 1-bath units and (16) 1-bedroom, 1-bath units—appealing to a broad tenant base. The property includes 22 total parking spaces and benefits from a clean, functional layout across both buildings. With a current 5.31% CAP rate, pricing at $250,000 per unit and $343/SF, and a projected 6.41% market CAP, this asset provides approximately 13% rental upside for investors looking to capture growth in a high-demand rental corridor. Ideally located in a quiet residential pocket of Northwest Inglewood, the property is just blocks from major retail and dining near Centinela Avenue and La Cienega Boulevard, offering tenants both convenience and neighborhood charm. 837-839 W Beach Avenue is an ideal opportunity for investors seeking scale, stability, and upside in one of the South Bay’s most promising multifamily markets.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

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Vander Meulen Real Estate Group
Vander Meulen Real Estate Group

Broker, REALTOR® | Lic# 00842213 | Lic# 02150745

+1(925) 798-4663

800 S Broadway, Walnut Creek, CA, 94596, USA

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