6 Units in Prime Inglewood

$2,000,000

519 N Exton 

# of Units: 6

GRM (Pro Forma): 10.16

CAP Rate (Pro Forma): 7.33%

Price/SF: $311

Building SF: 6,441

Lot SF: 10,011

Zoning: INR3YY

Year Built: 1964

Description​​​


519 N Exton is a 6-unit building in the dynamic and evolving Inglewood submarket, which sits less than two miles from the Crenshaw line extension. With numerous developments transitioning the area this property is poised to be an excellent long-term play as units turn and the area continues to improve. The building features a desirable unit mix with extremely spacious units. There is an attached owner's unit (3Br+3Ba) with a garage and separate entrance, a townhome-style unit (3Br+2Ba), and 4 (2Br+2Ba) apartments. All units have parking with 8 tuck-under parking spaces available. The best part is Inglewood does NOT require soft-story retrofit. Potential for ALL units to be delivered vacant. Probate Sale - Court Confirmation Required!

Location

Located in Inglewood between E Hyde Park Blvd and Florence Ave, in the northern part of Inglewood near the Crenshaw Line extension, Sofi Stadium, Intuit Dome (2026), Edward Vincent Jr Park, Inglewood Cemetery, and the Inglewood Courthouse. 

The subject property is 1.2 miles from the Fairview Heights station which is slated to open later this year. Additionally, next to the station a new permanent supportive housing and affordable housing complex was just unveiled on April 14, 2022, and features a 4-story Spanish Colonial Revival style building with 101 apartments and 6,300 SF of ground retail space. 

Property Highlights

  • Prime North Inglewood Location​​

  • Desirable Unit Mix

    • Owners Unit (3Br+3Ba)​

    • Townhome Style Unit (3Br+2Ba)

    • Apartment Units 4 (2Br+2Ba)

  • Large Units with Balconies

  • Community Laundry Room

  • All Electric Building

  • Eight Covered Parking Spaces + Garage

  • Near Sofi Stadium, Kia Forum, Hollywood Park Casino, Inglewood Cemetery, & Crenshaw Line Extension! 

  • Probate Sale Subject to Court Confirmation & Overbid

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