We are pleased to present 917 Kenwood Street, Inglewood, a tremendous value-add opportunity.
This 8-unit investment is nestled in a prime residential neighborhood within the trending community of Inglewood. All the units are spacious 2-bedroom / 1 bath, (+/- 1,010 square feet). The in-place rent rates average $1,860 monthly / $1.84 per sq.ft. With approximately 35% in rental upside, there is ample room to increase revenue in line with the growing demand of Inglewood's thriving rental market.
Recent improvements include brand-new A/C systems, upgraded electrical systems and double-pane windows, ensuring energy efficiency and tenant comfort. The building features an on-site laundry facility (operating on a month-to-month contract), gated entries, and ample parking - two parking spaces per unit. Each unit is equipped with a separate gas and electric meter. The ideal location is near to an array of shops, dining, major entertainment, recreation options, transportation, and employment.
Whether you're a seasoned investor looking to expand your portfolio or seeking to enter the market, this 8-unit investment offers a blend of upgrades, strategic location, and the ability to increase rental income. A perfect combination of stability and growth potential.
Sold for $2,525,000 on 10/30/23
Listing Provided by:
Michael McKinney DRE #00634672 310-880-2900,
Lyon Stahl Investment Real Estate, Inc.,
Steffan Braunlich DRE #01859098 310-209-3209,
Berkadia
$2,525,000
917 Kenwood St, Inglewood, CA 90301
--beds
--baths
8,086sqft
Multi Family
Built in 1988
-- sqft lot
$1,613,600 Zestimate®
$312/sqft
$2,427 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 30, 2023 at 05:41pm
Listing Provided by:
Michael McKinney DRE #00634672 310-880-2900,
Lyon Stahl Investment Real Estate, Inc.,
Steffan Braunlich DRE #01859098 310-209-3209,
Berkadia
Bought with:
Mona Flaum, DRE #01200014
Pinnacle Estate Properties, Inc.
Source: CRMLS,MLS#: SB23166237
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Range, Gas Water Heater, Range Hood
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate, Tile
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,086
- Total interior livable area: 8,086 sqft
Property
Parking
- Total spaces: 16
- Parking features: Assigned, Controlled Entrance, On Site
- Garage spaces: 16
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 8,970 sqft
- Features: Front Yard, Sprinklers In Front, Near Park
Details
- Parcel number: 4023003032
- Zoning: INR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco, Copper Plumbing
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated, Park
Location
- Region: Inglewood
Other
Other facts
- Listing terms: Cash to New Loan
- Road surface type: Paved
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,613,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,613,600