327 Stepney St

Inglewood, CA 90302

$4,750,000
Price
13
Beds
27
Baths
15,698 Sq. Ft.
$303 / Sq. Ft.
15,698
Sq. Ft.
$303
per Sq. Ft.
a front view of multiple houses with a yard
a front view of a house with a garden
an aerial view of residential building with parking space
a front view of a house with garden
a view of a house with a garage
a view of a car park in front of house
a car parked in front of house
a view of a back yard of the house
a front view of a house with large windows
an aerial view of a house with a yard and sitting space
a front view of a house with a yard
a front view of a building with garden
a front view of a house with a garden and plants

Description

327–331 Stepney Street presents a unique opportunity to acquire a 20-unit multifamily asset spread across two adjacent parcels in Northwest Inglewood. Set on a combined 20,013 SF lot, the property features a highly diverse unit mix—ranging from spacious 3-bedroom apartments to efficient studios—appealing to a wide tenant base in one of LA’s most rapidly evolving rental markets. The unit mix includes (1) 3-Bed/2-Bath, (1) 3-Bed/1-Bath, (1) 2-Bed/2-Bath, (6) 2-Bed/1.5-Bath, (2) 2-Bed/1-Bath, (2) 1-Bed/1-Bath,...327–331 Stepney Street presents a unique opportunity to acquire a 20-unit multifamily asset spread across two adjacent parcels in Northwest Inglewood. Set on a combined 20,013 SF lot, the property features a highly diverse unit mix—ranging from spacious 3-bedroom apartments to efficient studios—appealing to a wide tenant base in one of LA’s most rapidly evolving rental markets. The unit mix includes (1) 3-Bed/2-Bath, (1) 3-Bed/1-Bath, (1) 2-Bed/2-Bath, (6) 2-Bed/1.5-Bath, (2) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (7) Studio units, totaling 15,698 rentable square feet. With an attractive in-place CAP rate of 5.44%, a low basis of $302.59 per square foot, and pricing at just $237,500 per unit, the property offers strong current income with significant upside. Investors can target approximately 20% rental growth, supporting a projected market CAP rate of 7.13%. Ideally located in a quiet residential pocket of Inglewood, and only 2.5 miles from the Intuit Dome and SoFi Stadium, the property is well-positioned to benefit from continued local development and tenant demand. With its favorable unit mix, strong fundamentals, and upside potential, 327–331 Stepney Street stands out as a compelling value-add investment in a high-growth submarket.
  1. Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3107801899
  2. Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est

Property Details for 327 Stepney Street

Parking Spaces Total
0
Private Pool
No
Total Units
20.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
15698
Assessor Parcel Number
4016-014-003
Property Attached YN
true
LISTING UPDATED: 08/21/2025 07:47 AM

Property Details for 327 Stepney Street

StatusActive
MLS #SB25175206
Days on Market174
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1960
Lot Size0.46 AC / 20,013 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818; Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621
Add your commute

Building Information for 327 Stepney Street

Stories2Residences-Year Built1960Building Size-Lot Size0.46 AC / 20,013 SF

Payment Calculator

$23,835 per month

30 year fixed, 6.15% Interest

Principal and Interest

$23,151

Property Taxes

$684

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 327 Stepney Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $427,884
  • Gross Scheduled Income: $427,884
  • Vacancy Allowance: 21394
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $406,490
  • Net Operating Income: $258,213
  • Gross Multiplier: 11.1
  • Cap Rate: 5.44
Expense Details
  • Operating Expense: $148,277
  • Operating Expense Percent: 35.00%
  • New Taxes Expense: $64,026
  • Gardener Expense: $1,800
  • Insurance Expense: $23,547
  • Maintenance Expense: $17,115
  • Maintenance Percent: 4.00%
  • Professional Management Expense: $25,638
  • Other Expense: $16,150
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $148,277
Tax / Assessment Info
  • Tax Tract Number: 1453
  • Tax Census Tract: 6009.02
  • Tax Lot: 650
Community / Development
Community / Development
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 20
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,423
  • Unit Type Total Rent: $1,423
  • Unit Type Pro Forma: 1433
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,854
  • Unit Type Total Rent: $1,854
  • Unit Type Pro Forma: 2475
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,821
  • Unit Type Total Rent: $1,821
  • Unit Type Pro Forma: 2425
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,081
  • Unit Type Total Rent: $2,081
  • Unit Type Pro Forma: 2517
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,904
  • Unit Type Total Rent: $1,904
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,380
  • Unit Type Total Rent: $1,380
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,575
  • Unit Type Total Rent: $2,575
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 20
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 2

Property History for 327 Stepney Street

DateEvent & SourcePriceAppreciation
Aug 4, 2025

Listed (Active)

CLAW #SB25175206MR

$4,750,000—
Aug 4, 2025

Listed (Active)

CRMLS #SB25175206

$4,750,000—
DateEvent & SourcePrice
08/04/2025

Listed (Active)

CLAW #SB25175206MR

$4,750,000
08/04/2025

Listed (Active)

CRMLS #SB25175206

$4,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 327 Stepney Street

Taxable ValueLand$67,694Additions$331,683Total$399,377
Tax Record2025$8,209 ($684 / month)
Home Facts
Total Finished SqFt6,195 SqFtAbove Grade Finished SqFt6,195 SqFtLot Size10,004 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningINR3YYCountyLOS ANGELESAPN4016-014-003

Schools near 327 Stepney Street

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
La Tijera K-8 Charter School Academy of Excellence
Charter - K to 8
Animo Inglewood Charter High School
Charter - 9 to 12
ICEF Inglewood Elementary Charter Academy
Charter - K to 5
Inglewood Continuation High School
Public - 9 to 12
Rating
School
Distance
La Tijera K-8 Charter School Academy of Excellence
CharterK to 8

Animo Inglewood Charter High School
Charter9 to 12

ICEF Inglewood Elementary Charter Academy
CharterK to 5

Inglewood Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 327 Stepney Street, Inglewood, CA 90302

327 Stepney Street is a mixed use property for sale in Inglewood, CA 90302. This property was listed for sale on August 4, 2025 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $4,750,000. This listing's school district is Inglewood Unified School District. Nearby schools include La Tijera K-8 Charter School Academy of Excellence, Animo Inglewood Charter High School and ICEF Inglewood Elementary Charter Academy. 327 Stepney Street is a 13-bed, 27-bath, 15,698 sqft mixed use property built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818; Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.