Active Under Contract

128 N Hillcrest Boulevard

Inglewood, CA 90301
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Bed 10

Bed

Bath 5

Bath

SqFt5,180

Sqft

SqFt13,334

Sqft(Lot)

Come build in the City of Champions! We are pleased to present the exclusive offering of 128 N Hillcrest Blvd, a rare value-add multifamily opportunity located on one of Inglewood's most desirable residential streets. The property consists of a 5-unit apartment community featuring a front fourplex and a detached back house, all situated on a massive lot with additional ADU potential. Originally constructed in 1922, the property experienced a fire in 2016 and has since undergone substantial reconstruction. Most of the heavy lifting has already been completed, creating a unique opportunity for a savvy investor or developer to finalize the project and unlock significant upside. All five units are spacious 2-bedroom layouts and the property will be delivered 100% vacant, allowing a new owner c omplete flexibility in executing their business plan without tenant relocation concerns.Positioned on arguably the premier street in all of Inglewood, Hillcrest Blvd is surrounded by high-end single family homes and benefits from strong neighborhood appeal, limited multifamily inventory, and continued growth driven by the surrounding Inglewood redevelopment. The property is being offered at an attractive basis of approximately $285,000 per unit and $275 per square foot. Based on projected stabilized operations, the asset is projected to achieve an 7.64% cap rate and 8.73 GRM before renovation completion costs, presenting investors with an exceptional opportunity to create substantial value in one of Southern California's fastest evolving rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,425,000

AD Id : 89044530

MLS Id : 26866763

Beds : 10

Lot Size : 13,334 Sqft

Living Area Size : 5,180

Year Built : 1922

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 5

  • Building Information

    Year Built: 1922
    Building Area Total: 5180
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 13334 Lot Size Acres: 0.3061 Lot Size Source: Assessor Lot Size Square Feet: 13,334

  • Listing Price Information

    Listing Price: $1425000

  • Tax Information

    Parcel Number: 4021003012

  • Location Information

    Direction: North of Manchester and West of Prairie
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
655 E Queen Street, Inglewood, CA, 90301 $799,000 3 2 2,208 2,208 SqFt
811 E Nutwood Street, Inglewood, CA, 90301 $1,275,000 4 3 2,454 2,454 SqFt
718 S Flower Street, Inglewood, CA, 90301 $1,599,000 7 -- 4,283 4,283 SqFt
1013 E La Palma, Inglewood, CA, 90301 $1,877,777 7 7 3,880 3,880 SqFt
621 E 99th Street, Inglewood, CA, 90301 $9,250,000 42 43 23,580 23,580 SqFt
301 E Buckthorn Street, Inglewood, CA, 90301 $750,000 3 2 1,800 1,800 SqFt
925 Larch, Inglewood, CA, 90301 $1,295,000 9 6 --
125 E Buckthorn, Inglewood, CA, 90301 $2,600,000 18 12 --
1020 Maple Street, Inglewood, CA, 90301 $500,000 3 2 680 680 SqFt
216 S Inglewood Avenue, Inglewood, CA, 90301 $1,450,000 7 -- 4,447 4,447 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/17/2026 @ 08:55

MLS: 26866763 LISTED BY: John Katnik, BRC Advisors- BH SOURCE: CRMLS

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