530 W Olive Street Inglewood, CA $ 3,495,000
530 W Olive Street
$ 3,495,000
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530 W Olive Street

Inglewood, CA, 90301
$ 3,495,000
Bedrooms3 Baths2.0 Sq 11,886

Monthly Estimate*

$ 23,229

Listed by Abu Majumder, Broker
530 W Olive Street, Inglewood, CA 90301 - Image 1

Multi-Family Home for sale in Inglewood, CA

for $3,495,000 with 3 bedrooms and 2 full baths. This 11,886 square foot home was built in 1964 on a lot size of 0.2342.

A beautifully remodeled apartment building located on a quiet street in Inglewood is now for sale. The property consists of 12 mixed units, each averaging approximately 1,000 square feet. Situated just south of Manchester Boulevard in a primarily residential neighborhood, these high-quality units are designed to appeal to the area's most discerning renters. In addition to this property, three more buildings are also available for sale. These properties can be sold individually or as part of a portfolio: 16 units at 404 E. Hyde Park, Inglewood 12 units at 511 Venice Way, Inglewood 6 units at 717 N. Market Street, Inglewood Out of the 46 total units across all properties, 41 have been fully remodeled to condo-quality standards. This portfolio offers a turnkey, low-maintenance investment opportunity, with a strong track record of minimal vacancy, low tenant turnover, and 100% rent collection. Ample parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two parking spaces each.

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Multi-Family Active

Price

$ 3,495,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.2342

Year Built

1964

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB25078572

Days on Market

53

Features
General
Sewer PublicSewer
Heating Radiant
Zoning INR3YY
Garage Spaces 0.0
Pool Features None
Year Built 1964
Tenant Pays Electricity Gas
Stories 2
Levels Two
Property Subtype Apartment
Gross Income 295536.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 189762.0
Operating Expense 94088.0
Insurance Expense 8405.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Manchester Bl and S Cedar Ave
City Inglewood
Entry Location Olive St
Senior Community Y/N N
Number Of Units Total 12
MLS Area 101 - North Inglewood
Lot Size Units SquareFeet
Lot Size Square Feet 10203.0
Carport Spaces 18.0
Carport Y/N Y
Electric On Property Y/N N
Listing Terms Cash CashToExistingLoan CashToNewLoan Conventional
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 1800.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 14280.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 24128.0
Property Sub Type Additional Apartment
Taxes 45969.0
Exterior
Lot Features NearPublicTransit
Water Source Public
Total Parking 18.0
Lot Size Area 10203.0
Number of Buildings 1
Spa N
Building Area Total 11886.0
Lot Size Acres 0.2342
Private Pool N
Lot Size Source Assessor
WaterfrontY/N N
Number of Separate Water Meters 1
Number of Separate Gas Meters 13
Number of Separate Electric Meters 13
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea
Entry Level 1
Internal Only
Street Number 1 530
* Excluded Features
List By
Abu Majumder, Broker

Broker

(310) 856-1121

Phone

Affordability Calculator

$23,229
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,229
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2025$3,495,000 Listed Price

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530 W Olive Street, Inglewood, CA, 90301 is a Multi-Family Home for sale at $3,495,000 with 11,886 sqft and a lot size of 0.2342. 530 W Olive Street has 3 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 90301 which is in Inglewood, CA