128 N Hillcrest Boulevard, Inglewood, CA 90301
Local realty services provided by:Better Homes and Gardens Real Estate Champions
128 N Hillcrest Boulevard,Inglewood, CA 90301
$1,425,000
- 10 Beds
- 5 Baths
- 5,180 sq. ft.
- Multi-family
- Active
Listed by: john katnik
Office: brc advisors- bh
MLS#:26866763
Source:CRMLS
Price summary
- Price:$1,425,000
- Price per sq. ft.:$275.1
About this home
Come build in the City of Champions! We are pleased to present the exclusive offering of 128 N Hillcrest Blvd, a rare value-add multifamily opportunity located on one of Inglewood's most desirable residential streets. The property consists of a 5-unit apartment community featuring a front fourplex and a detached back house, all situated on a massive lot with additional ADU potential. Originally constructed in 1922, the property experienced a fire in 2016 and has since undergone substantial reconstruction. Most of the heavy lifting has already been completed, creating a unique opportunity for a savvy investor or developer to finalize the project and unlock significant upside. All five units are spacious 2-bedroom layouts and the property will be delivered 100% vacant, allowing a new owner complete flexibility in executing their business plan without tenant relocation concerns.Positioned on arguably the premier street in all of Inglewood, Hillcrest Blvd is surrounded by high-end single family homes and benefits from strong neighborhood appeal, limited multifamily inventory, and continued growth driven by the surrounding Inglewood redevelopment. The property is being offered at an attractive basis of approximately $285,000 per unit and $275 per square foot. Based on projected stabilized operations, the asset is projected to achieve an 7.64% cap rate and 8.73 GRM before renovation completion costs, presenting investors with an exceptional opportunity to create substantial value in one of Southern California's fastest evolving rental markets....
Contact an agent
Home facts
- Year built:1922
- Listing ID #:26866763
- Added:1 day(s) ago
- Updated:August 04, 2026 at 02:38 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Living area:5,180 sq. ft.
Structure and exterior
- Year built:1922
- Building area:5,180 sq. ft.
- Lot area:0.31 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$275.1
Parking
- Total parking spaces:5
- Parking description:Carport
New listings near 128 N Hillcrest Boulevard
- New
$499,000Active1 beds 1 baths561 sq. ft.710 Stepney Street, Inglewood, CA 90302
MLS# CL26867261Listed by: REAL ESTATE COLLECTIVE - New
$1,550,000Active11 beds 6 baths5,404 sq. ft.11118 Crenshaw Boulevard #1, Inglewood, CA 90303
MLS# 26864845Listed by: THE HILLS PREMIER REALTY - Coming Soon
$699,999Coming Soon3 beds 2 baths3229 W 108th Street, Inglewood, CA 90303
MLS# 26867099Listed by: COLDWELL BANKER CHAMPION REALTY - New
$1,648,700Active-- beds -- baths4,946 sq. ft.11031 Burin, Inglewood, CA 90304
MLS# OC26168051Listed by: SERHANT CALIFORNIA, INC - New
$1,899,999Active14 beds 13 baths6,441 sq. ft.519 N Exton Avenue, Inglewood, CA 90302
MLS# 26867169Listed by: REAL BROKER - New
$1,097,000Active4 beds 3 baths2,171 sq. ft.3677 Chapman, Inglewood, CA 90305
MLS# CV26154246Listed by: EVANS FINANCIAL NETWORK - New
$575,000Active3 beds 3 baths1,322 sq. ft.321 W Queen Street #20, Inglewood, CA 90301
MLS# SB26164361Listed by: REDFIN CORPORATION - New
$2,500,000Active12 beds 14 baths8,862 sq. ft.1412 Centinela Avenue, Inglewood, CA 90302
MLS# 26866587Listed by: MARCUS & MILLICHAP - New
$899,000Active3 beds 2 baths1,544 sq. ft.2715 Hardy Street, Inglewood, CA 90305
MLS# SB26164601Listed by: BEACH CITY BROKERS