376 E Hillsdale Street, Inglewood, California 90302, Inglewood, 90302 - bed, bath

376 E Hillsdale Street, Inglewood, California 90302 home-pic-0
ACTIVE$1,250,000
376 E Hillsdale Street, Inglewood, California 90302
0Bed
0Bath
3,543Sqft
7,459Lot
Year Built
1990
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$353
HOA
-
Days on market
-
Sold On
-
MLS number
PV25232513
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(67th), sqft - 3543(67th), beds - undefined(50th), baths - undefined(50th).

Welcome to 376 E Hillsdale St, a well-maintained triplex investment positioned beside its sister property at 370 E Hillsdale St, which is also for sale. Together, these properties create a potential six-unit investment opportunity in one of Inglewood’s strongest rental markets. The two parcels share a common driveway, providing a seamless layout for investors pursuing multi-property ownership or owner-occupants seeking flexible income options. Built in 1990 and spanning approximately 3,543 square feet on a 7,459 square foot lot, this property includes three spacious 3-bedroom, 2-bathroom units across two separate buildings. Each unit features private entrances, garages, and generous living areas with a townhome-style feel. All three units are fully occupied, generating reliable income and long-term stability. According to the pro forma analysis, the property offers a cap rate of 3.75 percent, supported by strong tenant performance and consistent market rents ?. This triplex provides a steady investment with potential for future rent growth and value appreciation, especially when paired with its neighboring property at 370 E Hillsdale St. Highlights: • 3 townhome-style 3BD/2BA units • Built in 1990 | ±3,543 SF on ±7,459 SF lot • Fully occupied with long-term tenants • Pro forma cap rate: 3.75% • Shared driveway with 370 E Hillsdale (also for sale) • Prime Inglewood location near La Brea Ave, Centinela Ave, and SoFi Stadium • Ideal for investors seeking stability and upside in a high-demand submarket A rare opportunity to acquire one or both sister triplexes in a desirable Inglewood location with strong cash flow and long-term potential.

Price History

Date
Event
Price
10/04/25
Listing
$1,250,000
Condition Rating
Fair

Built in 1990, this property is 34 years old. While the description states it is 'well-maintained,' there are no interior images or specific details provided regarding the condition, style, or features of the kitchens and bathrooms, or other key interior components like flooring, appliances, and fixtures. Without evidence of recent major renovations, it is reasonable to assume that the interior, particularly the kitchens and bathrooms, likely reflects the original construction or updates from 15-30 years ago, showing signs of being outdated but functional. The exterior appears to be in reasonable condition for its age.
Pros & Cons

Pros

Multi-Unit Income Property: As a triplex, the property offers three distinct income streams, providing inherent investment stability and diversification.
Strategic Location: Situated in a strong Inglewood rental market with proximity to major attractions like SoFi Stadium, enhancing tenant demand and potential for appreciation.
High Occupancy & Stable Cash Flow: Fully occupied with long-term tenants, ensuring immediate and consistent rental income for investors.
Scalable Investment Opportunity: The availability of an adjacent sister triplex creates a unique opportunity to expand to a 6-unit portfolio, leveraging shared infrastructure.
Desirable Unit Configuration: Each unit features a spacious 3-bedroom, 2-bathroom, townhome-style layout with private entrances and garages, appealing to tenants.

Cons

Pro Forma Financials: The provided 3.75% cap rate is based on a 'pro forma' analysis, necessitating thorough due diligence to confirm actual income, expenses, and market performance.
Property Age & Potential Capital Expenditures: Constructed in 1990, the property is over three decades old, suggesting potential for upcoming capital expenditures for system updates or major renovations despite being 'well-maintained'.
Shared Driveway Management: The shared driveway, while advantageous for combined ownership, could introduce complexities or potential disputes if the sister property is eventually owned by a separate entity.

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