About This Home
This 15-bedroom, 13-bathroom residential multi family at 324 E Tamarack Ave in Inglewood, CA is listed for $2,550,000 ($296 per sqft). Built in 1961, the home offers 8,605 sqft of living space on a 0.24 acres lot.
Key Features
- Built in 1961
- 0.24 acre lot
- 2 stories
Property Details
Amenities
324 E Tamarack Ave offers investors the opportunity to acquire a well-positioned 9-unit multifamily asset in Inglewood with strong in-place income, a desirable unit mix, and meaningful long-term upside. Situated on an approximately 10,599-square-foot lot with roughly 8,605 square feet of building area, the property features a diversified mix of one
-, two-, and three-bedroom residences, including multiple two-bedroom layouts and a spacious 3-bedroom/2-bath unit that is currently vacant. The property offers several features that enhance tenant appeal and long-term marketability, including generously sized floor plans, private balconies and patios, covered parking, and air conditioning in select units.
The property also includes a currently unused laundry room, offering potential to add coin-operated laundry equipment and an additional ancillary income stream, subject to buyer investigation and implementation. The eight occupied units currently generate approximately $15,144 per month in rental income.
The vacant 3-bedroom/2-bath unit is projected at approximately $3,250 per month, bringing projected scheduled rents to approximately $18,394 per month, or $220,724 annually, upon lease-up. This provides an investor with immediate existing income along with the opportunity to increase overall revenue through the lease-up of the vacant unit, future rental upside, and potential laundry income.
Originally built in 1961, the property offers an attractive combination of established operations, larger unit configurations, and value-add potential. Its location provides convenient access to SoFi Stadium, Intuit Dome, Kia Forum, LAX, major transportation corridors, employment centers, dining, shopping, and the continued investment taking place throughout Inglewood.
With nine units, a vacant 3-bedroom residence, diversified unit configurations, existing cash flow, projected scheduled income exceeding $220,000 annually, and additional ancillary income potential, 324 E Tamarack Ave presents a compelling opportunity for an investor seeking scale, income, and long-term appreciation potential in the Inglewood multifamily market.
Monthly Cost Estimate
$13,638/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
324 E Tamarack Ave
Inglewood, CA 90301
Property Details
Parking
Heating
Cooling
Questions & Answers
This 15-bedroom, 13-bathroom residential multi family at 324 E Tamarack Ave is listed at $2,550,000 ($296/sqft). The estimated monthly payment is $13,638 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.24 acre lot, 2 stories.
This property is listed by Jamial Clark and can be reached at 3235590063.


