Inglewood, CA 90301,212 E Tamarack AVE
Inglewood, CA 90301,212 E Tamarack AVE
Inglewood, CA 90301,212 E Tamarack AVE
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Leon Borunda

Leon Borunda

+1(559) 779-6540
$3,250,000
Est. payment /mo
16 Beds
12 Baths
9,802 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,802 sqft

Price per Sqft $331

MLS Listing ID 26640837

Bedrooms 16

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1960

Lot Size 0.270 Acres

Property Description

We are pleased to present the exclusive offering of 212 E Tamarack Ave, a well-maintained apartment complex in the heart of Inglewood, steps away from SoFi Stadium. This asset presents a rare opportunity to acquire a well-located, high-quality 12-unit apartment building in the heart of Inglewood, walking distance from SoFi Stadium and the Hollywood Park development. Constructed in 1960, the property consists of 9,802 square feet of rentable square feet situated on a 11,747 square foot lot. The units were originally constructed in 1960 as Co-Op units or Own Your Own apartment units. An investor has the future potential to separate each unit and sell the units off individually. Buyer to do own investigation with city of Inglewood and review preliminary title report. The property offers strong in-place income with a current 6.15% cap rate and 10.82 GRM, with upside to a 7.39% pro forma cap rate and 9.40 pro forma GRM upon stabilization. The building is individually metered for gas and electricity keeping utility costs low for the owner. The property includes central AC / heating and soundproof windows and doors. Multiple units have been renovated, and 7 units are on Section 8 vouchers providing strong guaranteed income. One unit could be delivered at close of escrow. Additional highlights include 12 subterranean parking spaces and an on-site laundry facility (leased machines). Positioned in one of Southern California's fastest-evolving rental markets, 212 E Tamarack Ave offers investors durable cash flow, strong rental demand, and a rare opportunity to own an irreplaceable multifamily asset with long-term upside.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Underground

Pool None

Total Parking Spaces 12

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4021034026

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by John Katnik BRC Advisors- BH

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Wilder's Preparatory Academy Charter

    Public | KG - 5

  • 8

    El Rincon

    Public | KG - 5

  • 8

    Open Charter Magnet

    Public | KG - 5

  • 7

    Juan de Anza Elementary School

    Public | KG - 5

  • 7

    Huerta Elementary

    Public | PK - 5

  • 6

    Stella Middle Charter Academy

    Public | 5 - 8

  • 6

    Felton Elementary

    Public | PK - 5

  • 6

    Buford Elementary

    Public | KG - 5

  • 6

    Washington

    Public | KG - 5

  • 6

    Moffett Elementary

    Public | PK - 5

  • 6

    York

    Public | KG - 5

  • 5

    Westport Heights Elementary School

    Public | KG - 5

  • 5

    La Tijera K-8 Academy of Excellence

    Public | KG - 8

  • 5

    Jefferson Elementary

    Public | KG - 5

  • 5

    Zela Davis

    Public | KG - 5

  • 5

    Bennett - Kew Elementary School

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 4

    W. Claude Hundall Elementary School

    Public | KG - 6

Middle Schools 20
  • 8

    Wilder's Preparatory Academy Charter Middle School

    Public | 6 - 8

  • 6

    Hawthorne Middle School

    Public | 6 - 8

  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Century Community Charter

    Public | 6 - 8

  • 4

    Lennox Middle School

    Public | 6 - 8

  • 2

    Westchester Secondary Charter

    Public | 6 - 12

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 1

    Crozier Elementary School

    Public | 7 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 0

    Hawthorne Academy

    Private | 7 - 12

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

  • 0

    Animo Western Charter Middle School

    Public | 6 - 8

High Schools 20
  • 10

    Hawthorne Math and Science Academy

    Public | 9 - 12

  • 9

    Lennox Mathematics, Science and Technology Academy

    Public | 9 - 12

  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Bright Star Secondary Charter Academy

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    Da Vinci Design

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 2

    Hawthorne High School

    Public | 9 - 12

  • 1

    Inglewood High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 0

    St Mary's Academy

    Private | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

  • 0

    Inglewood Continuation High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Leon Borunda

Leon Borunda

+1(559) 779-6540

Realtor | License ID: 01818465

Realtor License ID: 01818465

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