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233 Stepney Street, Inglewood, CA 90302
7
beds
6
baths
5154
ft2
· 7511
ft2 lot
$1,595,000
$309 / ft2
Listing provided courtesy of Brett Lyon, Lyon Stahl Investment Real Estate, Inc..
Source CRMLS.
233 Stepney Street is a 5-unit apartment building located in Inglewood, just a short distance to the Forum, future NFL stadium, and LAX. The building was built in 1969 and consists of 5,154 SF of living space on a 7,511 SF lot. 233 Stepney Street offers a great unit mix consisting of one (1) 3-bed/2.5-bath, four (4) 1-bed/1- bath. The building features on-site laundry, five carport parking spaces, and three tuck-under parking spaces. Located just two miles from the Inglewood multi-billion dollar developments, 233 Stepney Street is an excellent investment opportunity for any investor seeking a hedge against inflation, stability, and long-term appreciation potential.
HOA
$—/month
On market
3 months
Year built
1969
Property type
Condo
Parking
8
MLS
SB21022174
Price / Sq.Ft.
$309 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 5154.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 3.00
•   
Carport Spaces: 5.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: INR3YY
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Treed Lot
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1724
•   
Lot Size Area: 7511.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 5
Property Features
•   
Common Walls: 1 Common Wall
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 5
•   
Number Of Separate Gas Meters: 5
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Other Expense Description: Utility
•   
Other Expense: 4000.00
•   
Maintenance Expense: 3117.00
•   
Cap Rate: 3.31
•   
Total Actual Rent: 8658.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 24133.00
•   
Insurance Expense: 2062.00
•   
Professional Management Expense: 5195.00
•   
Total Expenses: 39706.00
•   
Gross Scheduled Income: 103896.00
•   
Tax Block: 32
•   
Operating Expense: 58995.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 17.13
Tax/Assessment Info
•   
Gross Income: 103896.00
•   
Tax Year: 2020
•   
Taxes: 7118.0
Lease Info
•   
Net Operating Income: 58995.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1559.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1559.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1290.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1290.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2714.00
•   
Unit 1 Total Rent: 2714.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1400.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1400.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 1695.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1695.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 5
•   
Number Of Units Leased: 4
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: Located two parcels from the corner of Edgewood St and Stepney St.
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Branded
Other
Calculation
•   
Dom: 77
•   
Cdom: 77
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 12, 2021 10:58pm
Neighborhood snapshot
33
Properties for sale
11
Median days on market
$485.91
Median sold price/sqft
101.07%
Sold/List %
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Property History
04/20/2021
04/20/2021
CRMLS #SB21022174
active
CRMLS #SB21022174
$1,595,000
--5.90%
03/08/2021
03/08/2021
CRMLS #SB21022174
active
CRMLS #SB21022174
$1,695,000
--4.78%
02/02/2021
02/02/2021
CRMLS #SB21022174
active
CRMLS #SB21022174
$1,780,000
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