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10518 Dalerose Avenue, Inglewood, California 90304, Inglewood, 90304 - bed, bath

10518 Dalerose Avenue, Inglewood, California 90304 home-pic-0
ACTIVE$850,000
10518 Dalerose Avenue, Inglewood, California 90304
0Bed
0Bath
2,269Sqft
8,402Lot
Year Built
1958
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
PW25132073
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $850.0K(50th), sqft - 2269(69th), beds - undefined(50th), baths - undefined(50th).

Please do not disturb the tenants. 10518 Dalerose Avenue offers a 3-unit value-add opportunity in the Lennox neighborhood of Inglewood—positioned just minutes from SoFi Stadium, LAX, and the future Metro K Line. With 2,269 SF of building space on a large 8,402 SF lot, this property combines strong fundamentals with exceptional rental upside. The unit mix includes (3) 2-bedroom, 1-bath units. The property boasts a projected 9.26% market CAP and 96% rental upside, making it a standout investment for buyers seeking cash flow potential in a rapidly improving area. On-site parking includes both a 1-car garage and a 2-car garage—an added convenience for tenants and an attractive amenity in a dense rental market. With its strategic location, solid unit mix, and significant upside, 10518 Dalerose Avenue is an excellent opportunity for investors looking to grow their portfolio in the high-demand Inglewood submarket.

Nearby schools

6/10
Jefferson Elementary School
Public,•K-5•0.1mi
6/10
Buford Elementary School
Public,•K-5•0.3mi
5/10
Felton Elementary School
Public,•K-5•0.3mi
6/10
Dolores Huerta Elementary School
Public,•K-5•0.6mi
6/10
Moffett Elementary School
Public,•K-5•0.7mi
4/10
Worthington Elementary School
Public,•K-5•1.5mi
5/10
Bennett/Kew Elementary School
Public,•K-5•1.8mi
3/10
Clyde Woodworth Elementary School
Public,•K-5•1.9mi
5/10
Lennox Middle School
Public,•6-8•0.4mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.9mi
2/10
Morningside High School
Public,•9-12•1.4mi
4/10
Hawthorne High School
Public,•9-12•1.7mi
5/10
Leuzinger High School
Public,•9-12•2.7mi
4/10
Lawndale High School
Public,•9-12•3.0mi

Price History

Date
Event
Price
08/14/96
Sold
$28,500
Condition Rating
Poor
Built in 1958, this property is explicitly marketed as a 'value-add opportunity' requiring 'significant capital expenditures for updates, renovations, and system replacements' to meet modern tenant expectations. There are no interior images, but the age and description strongly suggest that kitchens, bathrooms, and other systems are outdated and require substantial rehabilitation, aligning with a 'poor' condition.
Pros & Cons

Pros

High Investment Potential: Described as a 'value-add opportunity' with 'exceptional rental upside,' a 'projected 9.26% market CAP and 96% rental upside,' making it ideal for investors seeking cash flow.
Strategic Location: Strategically located 'just minutes from SoFi Stadium, LAX, and the future Metro K Line,' indicating strong tenant demand and potential for appreciation in a rapidly improving area.
Generous Lot Size: Features a 'large 8,402 SF lot,' offering potential for future expansion, additional dwelling units (ADUs), or enhanced outdoor amenities.
Functional Unit Mix: Comprises '(3) 2-bedroom, 1-bath units,' a highly desirable and versatile configuration for rental properties, appealing to a wide range of tenants.
Ample On-Site Parking: Includes both a 1-car and a 2-car garage, a significant convenience and attractive amenity in a dense urban rental market.

Cons

Tenant Occupancy & Access Limitations: The instruction 'Please do not disturb the tenants' suggests restricted access for showings and inspections, potentially complicating the due diligence process for prospective buyers.
Property Age & Condition: Built in 1958, the property is likely to require significant capital expenditures for updates, renovations, and system replacements to maximize its 'value-add' potential and meet modern tenant expectations.
Unspecified Current Condition: While presented as a 'value-add opportunity,' the description lacks details on the current condition of the units, implying that substantial renovation work may be necessary to achieve the projected rental upside.

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