327 Stepney Street, Inglewood, CA 90302

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327 Stepney Street,Inglewood, CA 90302
$4,750,000
  • - Beds
  • - Baths
  • 15,698 sq. ft.
  • Multi-family
  • Active
Listed by:brett lyon
Office:lyon stahl investment real estate, inc.
MLS#:SB25175206
Source:CRMLS

Price summary

  • Price:$4,750,000
  • Price per sq. ft.:$302.59

About this home

327–331 Stepney Street presents a unique opportunity to acquire a 20-unit multifamily asset spread across two adjacent parcels in Northwest Inglewood. Set on a combined 20,013 SF lot, the property features a highly diverse unit mix—ranging from spacious 3-bedroom apartments to efficient studios—appealing to a wide tenant base in one of LA’s most rapidly evolving rental markets. The unit mix includes (1) 3-Bed/2-Bath, (1) 3-Bed/1-Bath, (1) 2-Bed/2-Bath, (6) 2-Bed/1.5-Bath, (2) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (7) Studio units, totaling 15,698 rentable square feet. With an attractive in-place CAP rate of 5.44%, a low basis of $302.59 per square foot, and pricing at just $237,500 per unit, the property offers strong current income with significant upside. Investors can target approximately 20% rental growth, supporting a projected market CAP rate of 7.13%. Ideally located in a quiet residential pocket of Inglewood, and only 2.5 miles from the Intuit Dome and SoFi Stadium, the

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Home facts

  • Year built:1960
  • Listing Id #:SB25175206
  • Added:9 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Living area:15,698 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:15,698 sq. ft.
  • Lot area:0.46 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,750,000
  • Price per sq. ft.:$302.59
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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