324 E Tamarack Avenue, Inglewood, CA — listing photo 1
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FOR SALENew Listing

324 E Tamarack Avenue

Inglewood, CA 90301
15 Beds
13 Baths
8,605 Sq Ft
Built 1961
$2,550,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1961
Living area
8,605 sq ft
Lot size
10,611 sq ft
Days on market
8
MLS status
Active
Zoning
INR3YY

Features & Amenities

Interior

  • Ceiling Fans

Parking

  • Detached Carport

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
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Location & Neighborhood

324 E Tamarack Avenue

Inglewood, CA 90301

Frequently Asked Questions About 324 E Tamarack Avenue

Property type: Residential Income

The current asking price is $2,550,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 324 E Tamarack Avenue. Our team will confirm availability and timing.
This 15 bedrooms and 13 bathrooms property offers approximately 8,605 square feet of living space. It was built in 1961. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Inglewood, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Inglewood property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

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Reza Barghlameno

eXp of California

Listing Agent

Name: Jamial Clark
MLS ID: CLW-X58857

Available property

$2,550,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.