$1,250,000

10607 Crenshaw Blvd Inglewood, CA 90303

South Inglewood Neighborhood

Estimated payment $8,061/month

4 Beds
3 Baths
3,400 Sq Ft
$368 Price per Sq Ft

Highlights

  • Lawn
  • Laundry Room
  • Landscaped

About This Home

We are pleased to present 10607 Crenshaw Blvd in Inglewood. This value-add opportunity consists of (1) 2-bed/1-bath unit and (4) 1-bed/1-bath units only blocks from the Intuit Dome, SoFi Stadium and YouTube Theater at Hollywood Park. There are laundry hookups in each unit, updated electrical panels, and new windows/doors from the FAA Sound Insulation Program. Operating at a 5.33% CAP Rate & 11.83 GRM, investors can unlock significant value through rental increases and ADU conversion from the five garages with alley access. The property has a well-manicured lawn, shrubs, and mature trees that enhance curb appeal and offer a relaxing outdoor area for tenants to enjoy. 10607 Crenshaw Blvd can also be sold together with 10625 Crenshaw Blvd, offering investors the rare opportunity to purchase two 5-unit buildings in a robust rental market that has seen explosive growth over the past decade.

Listing Agent

Larson Harley

Lyon Stahl Investment Real Estate, Inc. Brokerage Email: larson@lyonstahl.com License #02045736 Listed on: 08/20/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,705 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 19820
  • Assessor Parcel Number 4030032016
  • $1,518 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $4,250
  • Maintenance Expense $3,750
  • Other Expense $4,320
  • Professional Management Expense $5,283
  • New Taxes Expense $17,019
  • Operating Expense $35,822
  • Gross Income $105,660
  • Net Operating Income $66,669

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

5

Listing Details

  • CapRate: 5.33
  • Price Per Unit: 250000
  • Professional Management Expense: 5283.00
  • Property Attached: Yes
  • Zoning: INR3YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4030032016
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 367.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 6705.00
  • Lot Size Acres: 0.1539

Multi Family

  • Gross Income: 105660.00
  • Gross Multiplier: 11.83
  • Gross Operating Income: 102490.00
  • Gross Scheduled Income: 105660.00
  • Insurance Expense: 4250.00
  • Lot Size Area: 6705.0000 Square Feet
  • Maintenance Expense: 3750.00
  • Net Operating Income: 66669.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 35822.00
  • Other Expense: 4320.00
  • Other Expense Description: Utility
  • Rent Control: Yes
  • Total Actual Rent: 8805.00
  • Total Expenses: 35822.00
  • Vacancy Allowance: 3170

Tax Info

  • New Taxes Expense: 17019.00
  • Tax Census Tract: 6006.02
  • Tax Lot: 16
  • Tax Tract Number: 19820
  • TaxOtherAnnualAssessmentAmount: 1518.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $1,250,000 -- $368 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25188481

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Inglewood 90303 South Inglewood

10607 Crenshaw Blvd, Inglewood, CA

This home is located at 10607 Crenshaw Blvd, Inglewood, CA 90303 and is currently priced at $1,250,000, approximately $367 per square foot. This property was built in 1954. 10607 Crenshaw Blvd is a home located in Los Angeles County with nearby schools including Woodworth - Monroe TK-8 Academy, Monroe (Albert F.) Middle School, and Morningside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Larson Harley
Listing Agent
Larson Harley
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Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838