578 Stepney Street

Property Overview

Kidder Mathews is pleased to present 578 Stepney St, a 9-unit apartment community in Inglewood, California. The property is offered at $2,899,999, or $322,222 per unit and $353 per SF.Built in 1987, the property consists of two-story buildings with 8,208 SF of rentable area on an approximately 20,000 SF (0.46-acre) lot. The unit mix is eight 2-bedroom/1.5-bath townhome-style units of approximately 975 SF each and one 1-bedroom/1-bath unit of approximately 600 SF. The lot is large for 9 units, and recent changes to California law allow additional accessory dwelling units (ADUs) by right. Under SB 1211, a buyer may add up to 8 detached ADUs, plus up to 2 ADUs converted from non-living space inside the existing buildings. Because the property is near qualifying transit, the new ADUs may be built two stories tall and need no added parking. This creates a path to as many as 17 units on the site by converting carports into 2-story ADUs and the development of a 2,750 SF vacant rear yard, resulting in a pro forma cap rate of 8.7% at $241,176 per unit and $311 per SF. The property is about 1.5 miles from SoFi Stadium and about 2 miles from Intuit Dome, in one of Los Angeles County's most actively redeveloping submarkets.

Home Details

Property type: Residential Income
Year built: 1987
Living area: 8,208 sq ft
Lot size: 20,009 sq ft
Parking: 15 spaces
Days on market: 0
MLS status: Active
Zoning: INR2YY

Features & Amenities

Appliances

Disposal

Parking

Carport
Detached Carport

Community, Schools & Utilities

Utilities

Heating: Central
Cooling: CentralAir

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Location & Neighborhood

Inglewood, CA 90302

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Frequently Asked Questions About 578 Stepney Street

Property type: Residential Income

The current asking price is $2,899,999. 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 578 Stepney Street. Our team will confirm availability and timing.

This 17 bedrooms and 17 bathrooms property offers approximately 8,208 square feet of living space. It was built in 1987. 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 0 days. Status can change, so verify availability before relying on it.