222 Lime Street, Inglewood, CA 90301
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
222 Lime Street,Inglewood, CA 90301
$1,549,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:bret lewis
Office:bret lewis, broker
MLS#:PW25121739
Source:CAREIL
Price summary
- Price:$1,549,000
About this home
222 Lime is a true cash cow investment opportunity located in the vibrant Downtown Inglewood neighborhood. Currently generating $6,656 per month in actual rents—which equals $79,872 annually—this property also boasts strong upside with potential proforma rents of $11,693 per month or $140,316 annually at full market occupancy. This significant income gap highlights the property’s compelling potential for value growth and increased cash flow. These figures do not even include an estimated additional $1,800 per year in laundry income, further enhancing the investment’s profitability. Situated in an area undergoing major revitalization, 222 Lime offers excellent walkability with a Walk Score of 82, placing everyday amenities, dining, public transit, and entertainment venues within easy reach. The property is conveniently close to major attractions like SoFi Stadium and the Inglewood Basketball and Entertainment Center, making it a highly desirable location for tenants seeking an active, connected lifestyle. The building features a spacious and versatile mix of unit types, including a large, two-story 3-bedroom, 2.5-bath unit with a private balcony, two 2-bedroom units, and a 1-bedroom unit. Recent upgrades include a large, relatively new water heater serving all units, central
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Home facts
- Year built:1966
- Listing ID #:PW25121739
- Added:98 day(s) ago
- Updated:June 21, 2025 at 04:23 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air
Structure and exterior
- Year built:1966
- Lot area:0.14 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,549,000
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