212 E Tamarack Avenue, Inglewood, CA 90301
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
212 E Tamarack Avenue,Inglewood, CA 90301
$3,250,000
- 16 Beds
- 12 Baths
- 9,802 sq. ft.
- Multi-family
- Pending
Listed by: john katnik
Office: brc advisors- bh
MLS#:26640837
Source:CRMLS
Price summary
- Price:$3,250,000
- Price per sq. ft.:$331.56
About this home
We are pleased to present the exclusive offering of 212 E Tamarack Ave, a well-maintained apartment complex in the heart of Inglewood, steps away from SoFi Stadium. This asset presents a rare opportunity to acquire a well-located, high-quality 12-unit apartment building in the heart of Inglewood, walking distance from SoFi Stadium and the Hollywood Park development. Constructed in 1960, the property consists of 9,802 square feet of rentable square feet situated on a 11,747 square foot lot. The units were originally constructed in 1960 as Co-Op units or Own Your Own apartment units. An investor has the future potential to separate each unit and sell the units off individually. Buyer to do own investigation with city of Inglewood and review preliminary title report. The property offers strong in-place income with a current 6.26% cap rate and 10.68 GRM, with upside to a 7.39% pro forma cap rate and 9.40 pro forma GRM upon stabilization. The building is individually metered for gas and electricity keeping utility costs low for the owner. The property includes central AC / heating and soundproof windows and doors. Multiple units have been renovated, and 8 units are on Section 8 vouchers providing strong guaranteed income. Additional highlights include 12 subterranean parking spaces and an on-site laundry facility (leased machines). Positioned in one of Southern California's fastest-evolving rental markets, 212 E Tamarack Ave offers investors durable cash flow, strong rental demand, and a rare opportunity to own an irreplaceable multifamily asset with long-term upside....
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Home facts
- Year built:1960
- Listing ID #:26640837
- Added:93 day(s) ago
- Updated:April 25, 2026 at 07:31 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:12
- Living area:9,802 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1960
- Building area:9,802 sq. ft.
- Lot area:0.27 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$331.56
Parking
- Total parking spaces:12
- Parking description:Underground
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