327 Stepney Street, Inglewood, CA 90302

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
327 Stepney Street,Inglewood, CA 90302
$4,750,000
  • - Beds
  • - Baths
  • 15,698 sq. ft.
  • Multi-family
  • Active
Listed by: brett lyon, woody stahl
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:136 day(s) ago
  • Updated:December 19, 2025 at 12:14 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
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