$2,430,000
SOLD AUG 27, 2025
16 Beds
12 Baths
8,866 Sq Ft
0.32 Acres

Recently Sold

$274 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Gated Parking
  • Central Air
  • Laundry Facilities
  • 12 Car Detached Garage

About This Home

As of August 2025

We are Pleased to Present 10235 & 10239 S.10th Ave in Prime Inglewood Village. This 12-Unit Valuable Asset is Perfectly Situated within 1.4 miles of Hollywood Park, a Mixed-Use Complex with Various Fun Attractions, including SoFi Stadium, YouTube Theater plus numerous Retail and Dining Options. This Gated Community consists of two Adjacent Parcels (APN# 4030-007-042 & APN# 4030-007-041), two 6 unit 1956 Built Structures, Totaling 12 units on a 13,817 Square Feet lot with Alley Access. Each Building Offers two 2+1 (approx. 920sf each) & four 1+1 (approx. 650 sf) Apartments. 10235 S. 10th Ave has 1 Vacancy (Unit #2), providing the New owner an Opportunity to Secure Market Rent at $1,850/Mo, reflected in the Projected Rents. Gross Income is inclusive of approx. $290/mo Income from Laundry. The Majority of Units have been Tastefully Updated with Modernized Bathrooms & Kitchens. All units have Individual Water Heaters. Each unit is Individually Metered for Gas & Electric (2023). Newer Laminate Flooring ,except one with Tile floors. New Windows, New Doors, New AC/Ductwork, New Meters, New Outlets per Code through the LAX Soundproofing Project Grant. 6 Single, Gated Parking Stalls per Building,12 in total, and a Community Coin-operated Washer/Dryer for Tenant Convenience. Potential to add two ADU's, Buyer to verify with Building & Zoning Authorities. Per City of Inglewood's Rent Control Ordinance, Annual Rental Increase Allowable is 3% or the cost of inflation (whichever is greater), as measured by the Consumer Price Index (CPI), Buyer to do their own Due Diligence. Shown with Accepted Offer Only. Please do not Disturb Tenants.

Last Agent to Sell the Property

Mathew Bahri

Sotheby's International Realty License #01035809 Listed on: 07/11/2025

Sotheby's International Realty

Co-Listed By

Todd Nathanson

Sotheby's International Realty License #01414987

Last Buyer's Agent

John Stiegler II

Lyon Stahl Investment Real Estate, Inc. License #01981597

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 13,817 Sq Ft Lot

Interior Spaces

  • 8,866 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Car Detached Garage
  • Gated Parking

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4030-007-042

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 8866
  • Lot Acreage: 0.1586
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 12.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 296.07

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking, Detached, Gated
  • Total Parking: 12

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 153829
  • Assessed Land Percent: 80
  • Assessed Land Value: 615328
  • Total Assessed Value: 769157
  • Assessor Parcel Number: 4030-007-042
  • Lot Size Area: 13817

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.50
  • Number Of Units: 12
  • Total Annual Expense: 106162
  • Type Of Units: 2+1, 1+1
  • Vacancy Rate: 1

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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
08/27/2025 08/27/25 Sold $2,430,000 -7.4% $274 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $2,625,000 +105.1% $296 / Sq Ft
07/22/2013 07/22/13 Sold $1,280,000 -13.2% $144 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
07/30/2012 07/30/12 For Sale $1,475,000 -- $166 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25564289

The MLS