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128 N Hillcrest Boulevard, Inglewood, CA 90301

$1,425,000 Approx. USD 10 beds, 5 baths
5,180 sqft

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Photo of Anne Fitzgibbon

Marketed By Anne Fitzgibbon REALTOR® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295

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Listing Agent

John Katnik | john@brcadvisors.com
Lic#: 02002695
Broker: Courtesy of BRC Advisors- BH
Phone: 310-956-2291

Agent Remarks

Come build in the City of Champions! We are pleased to present the exclusive offering of 128 N Hillcrest Blvd, a rare value-add multifamily opportunity located on one of Inglewood's most desirable residential streets. The property consists of a 5-unit apartment community featuring a front fourplex and a detached back house, all situated on a massive lot with additional ADU potential. Originally constructed in 1922, the property experienced a fire in 2016 and has since undergone substantial reconstruction. Most of the heavy lifting has already been completed, creating a unique opportunity for a savvy investor or developer to finalize the project and unlock significant upside. All five units are spacious 2-bedroom layouts and the property will be delivered 100% vacant, allowing a new owner complete flexibility in executing their business plan without tenant relocation concerns.Positioned on arguably the premier street in all of Inglewood, Hillcrest Blvd is surrounded by high-end single family homes and benefits from strong neighborhood appeal, limited multifamily inventory, and continued growth driven by the surrounding Inglewood redevelopment. The property is being offered at an attractive basis of approximately $285,000 per unit and $275 per square foot. Based on projected stabilized operations, the asset is projected to achieve an 7.64% cap rate and 8.73 GRM before renovation completion costs, presenting investors with an exceptional opportunity to create substantial value in one of Southern California's fastest evolving rental markets.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26866763

Price: $1,425,000

Beds: 10

Baths: 5

Built in 1922

5,180 sqft

2 stories

0.31 acres

Lot size: 0.3061

County: Los Angeles

Zoning: INR3YY

Parking description: Carport

MLS area: 101 - North Inglewood

Last Updated: 8/8/2026

Days On Market (DOM): 10

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This listing belongs to the 101 - North Inglewood MLS area

Lat/Long: 33.963829, -118.348214.
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Previous Listing

Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTOR® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212