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308 Stepney Street, Inglewood, CA 90302

Inglewood
Local realty services provided by:CENTURY 21 Allstars
308 Stepney Street,Inglewood, CA 90302
$1,925,000
  • - Beds
  • - Baths
  • 8,571 sq. ft.
  • Multi-family
  • Active
Listed by: woody stahl, brett lyon
Office: lyon stahl investment real est310-425-9838
MLS#:PW26232823
Source:CRMLS

Price summary

  • Price:$1,925,000
  • Price per sq. ft.:$224.59

About this home

308 Stepney Street presents an attractive eight-unit multifamily investment opportunity in a desirable pocket of North Inglewood. Offered at $1,925,000, the property features a strong in-place 6.05% CAP rate and 9.31 GRM, with projected market rents supporting a pro forma 7.93% CAP rate and 7.86 GRM. The unit mix consists of one 4-bedroom/2-bath unit, three 2-bedroom/1-bath unit, two 2-bedroom/2-bath units, and two 1-bedroom/1-bath units, providing a desirable combination of spacious floor plans. Built in 1966, the property consists of 8,571 square feet of improvements situated on a 9,997-square-foot lot. The building offers ample on-site parking with 14 total spaces, including ten covered spaces, two driveway spaces, and two-car garage. Current rental rates are approximately 18% below projected market rents, providing new ownership with an opportunity to increase income over time through rent growth and potential unit improvements. Ideally located in North Inglewood, the...

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Home facts

  • Year built:1966
  • Listing ID #:PW26232823
  • Added:2 day(s) ago
  • Updated:November 06, 2026 at 12:29 PM

Rooms and interior

  • Living area:8,571 sq. ft.

Structure and exterior

  • Year built:1966
  • Building area:8,571 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,925,000
  • Price per sq. ft.:$224.59

Parking

  • Total parking spaces:14
  • Parking description:10 Carport Space(s)
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:10
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, 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 California Regional MLS (Southern California) 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 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

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