Property Detail

Description

NAI CAPITAL PRESENTS 3213 Bartdon Ave, a standout multifamily investment opportunity in the heart of Inglewood, one of Los Angeles' most dynamic and fastest-growing markets. This turnkey four-unit property sits on a 6,682 sq. ft. lot and offers 4,474 sq. ft. of fully upgraded living space. Originally built in 1956 and extensively modernized, this asset delivers immediate cash flow, long-term upside, and lasting pride of ownership. The property features a highly desirable unit mix, consisting of two spacious 4-bedroom, 2-bathroom units and two well-appointed 2-bedroom, 1-bathroom units. All four units were fully renovated in 2018, including new bathrooms, ceiling fans, waterproof engineered wood flooring, and stylish quartz countertops, giving the interiors a clean, modern, and durable finish that appeals to today's tenants. In 2019, four new tankless hot water heaters were installed, and the plumbing system was substantially replaced, minimizing future capital expenditure. In 2024, the property underwent another major round of improvements: all apartment windows and exterior doors were replaced with new soundproof models, enhancing comfort and energy efficiency. Additionally, new ducted A/C systems were installed in all units, and the electrical system was substantially upgraded, increasing the overall reliability and performance of the building's infrastructure. The property also includes five enclosed parking spaces and generates additional income from onsite laundry units, further enhancing the property's already strong cash flow. A prime value-add opportunity exists with existing plans to convert the carport into a 3-bedroom, 2-bathroom ADU, allowing investors to expand rental income and maximize the full potential of the lot. Located just minutes from LAX, SoFi Stadium, the Kia Forum, and the newly completed Intuit Dome, this asset benefits from its proximity to world-class sports and entertainment, as well as major employment hubs and freeway access via the 105 and 405. Inglewood continues to experience rapid transformation and rising demand, making this an ideal time to invest. 3213 Bartdon Ave represents a rare opportunity to acquire a high-performing, well-maintained multifamily property with excellent unit mix, strong existing income, modern systems, and built-in development potential all in a thriving, high-demand submarket.