324 E Tamarack Avenue
Inglewood, CA, 90301 $ 2,550,000
Bedrooms15 Baths2.0 Sq 8,605 Monthly Estimate*
$ 16,101
Listed by Jamial Clark, Renaissance Realty Group, jamialc@jclarkhomes.com
for $2,550,000 with 15 bedrooms and 2 full baths. This 8,605 square foot home was built in 1961 on a lot size of 0.2436.
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.
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FeaturesGeneralLiving Area 8605
Heating Central
Cooling Central Air
Zoning INR3YY
Year Built 1961
Stories Count 2
Levels Two
Gross Income 220724
County Los Angeles
Net Operating Income 140311
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions See Map
City Inglewood
Senior Community Y/N false
Number Of Units Total 9
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 10611
Carport Y/N true
Virtual Tour https://kuula.co/share/collection/7TrrF?logo=1&info=0&logosize=104&fs=0&vr=1&zoom=1&sd=1&gyro=0&autorotate=0.02&autop=10&thumbs=3&margin=9&keys=0
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.5
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InteriorInterior Amenities Ceiling Fan(s)
Total Stories 0
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 15
Total Baths 13
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ExteriorParking Features Detached Carport
Total Parking 0
Lot Size Area 10611
Number of Buildings 9
Building Area Total 8605
Lot Size Acres 0.2436
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* Excluded FeaturesList ByJamial ClarkListing Agent
Renaissance Realty GroupBroker
jamialc@jclarkhomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $16,101
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Inglewood, CA
Average List Price $1,660,439
Percent of Sale Price 35%
About Inglewood, CA 110,986 Population
-2% Since 2002
$ 45,801 Median Income
35.72 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/11/2026 | $2,550,000 | | Listed Price |