Investment Opportunity - Stadium Village, Inglewood, CA - Availability Details
9301-9609 Crenshaw Blvd., Inglewood, CA 90305
- For Sale $30,600,000
- Property Type Other
- Lot Size 144,956 Sqft
- Year Built 1955
- Date Updated Sep 14, 2021
We are pleased to offer this exceptionally rare and highly sought-after portfolio of multi-residential trophy properties located in one of the fastest and most exciting developing cities of Los Angeles County, the City of Inglewood - home to the new multi-billion dollar SoFi Stadium, the Forum, Hollywood Park Casino, proposed NBA Clippers Arena, and countless other commercial and residential developments. Inglewood is experiencing a renaissance unlike any other community in Southern California, on its way to become one of the biggest metropolitan areas of Los Angeles County. The region is energized by a surge in Inglewood’s economic growth and advancements in infrastructure, providing significant employment opportunities while attracting mass consumers to shopping, dining, and state-of-the-art sports and entertainment venues. In terms of housing, residential occupancy levels in Inglewood are at an all-time high, while rental rates have nearly doubled since 2015.
Stadium Village, which is located from 9301 to 9609 Crenshaw Boulevard, has only become available for sale on one other occasion over the last 40 years. Given Stadium Village’s current ownership, major interior and exterior renovations have taken place, attracting tenants who are eager to pay market rents while long-term tenants have embraced the quality and aesthetic of these vast improvements. Existing rents have climbed to as much as $2,495 for a fully remodeled two-bedroom, one-bathroom apartment with its own private yard.
Tenants are proud to call Stadium Village their home, given the quality of service provided by the current ownership’s property management company and the abundance of amenities that offer comfort and security. Additionally, experienced and qualified Investors will be proud to call Stadium Village their own, given the considerable financial benefits made available through the property’s streamlined operation and substantial capital improvements, additional value-add opportunities, and future rental growth and appreciation in value.
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- City Inglewood, CA
- Neighborhood South Inglewood
- Zip Code 90305
- Market Los Angeles
Frequently Asked Questions
What year was Investment Opportunity - Stadium Village, Inglewood, CA built and finished?
Investment Opportunity - Stadium Village, Inglewood, CA was completed in 1955.