425 E Tamarack Ave, Inglewood, CA 90301

$2,325,000
16
BD
9
BA
8,823
SqFt

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Sold Price
$2,325,000
List Price
$2,600,000
Closing Date
Apr 24, 2026
MLS#
26646237
Year Built
1963
Bedrooms
16
Bathrooms
9
Living Sq. Ft
8,823
Lot Size
7,500
Days on Market
23
Property Type
Multifamily
Stories
3

Property Description

Location, Location, Location! 3 Blocks from The Forum, SoFi Stadium & the Upcoming Inglewood Transit Connector (ITC) and 1 Mile from Intuit Dome | Completely Renovated with City of Inglewood/LAX Sound Insulation Program - Double/Triple Pane Windows, All New Electrical, New Special Doors, Individual HVACs, Etc. | New Silicone Roof (2025) | Desirable ADU Potential - Possibility to Add 3 ADUs | Units Upgraded with Vinyl Plank Flooring & LED Lighting |All Units Contain Balconies - Property Received SB 721 Approval | 5.84% Current Cap Rate & 11.40 Current GRM | 7.29% Pro-Forma Cap Rate & 9.68 Pro-Forma GRM | Exterior Completely Painted & Repaired (2025) | Gated Building with Telephone Entry, On-Site Laundry & Large Storage Room | Total of 12 Carports with Storage Cabinets | Main Electrical & Electrical Subpanels Per Current Code | Soundproof Concrete Subfloors, Partial Copper Plumbing & Two Units with Fireplaces | Property Presents Condominium Conversion Potential Compelling Opportunity for Future Value Enhancement (Buyer to Verify)

Additional Information

Other Buildings
Other
Heat
Other
Cooling
Air Conditioning
Number of Cars in Garage
Carport

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Calculator source: Real Geeks

Courtesy of Shield CRE, Inc., Jonathan Nikfarjam - CA DRE#01856803 Selling Office: .

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