About 10242 S 10th Avenue
Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.
Features of 10242 S 10th Avenue
| MLS® # | 26872231 |
|---|---|
| Price | $1,295,000 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 4,152 |
| Acres | 0.16 |
| Year Built | 1955 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 10242 S 10th Avenue |
|---|---|
| Area | 102 - South Inglewood |
| City | Inglewood |
| County | Los Angeles |
| Zip Code | 90303 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Garage |
| # of Garages | 5 |
| Garages | Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | One, Two |
Additional Information
| Date Listed | August 13th, 2026 |
|---|---|
| Days on Market | 35 |
| Zoning | INM1L* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jonathan Nikfarjam |
|---|---|
| Office | Shield CRE, Inc. |