324 E Tamarack Avenue
Inglewood, CA, 90301
$2,550,000
MLS: 26987155
Beds
15
Baths
13
Sq Ft
8,605
Lot
0.24 ac
Year Built
1961
MLS #
26987155
Days on Market
43
Listed
Sep 11, 2026
Description
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.
Location
Inglewood, Los Angeles County, CA 90301
Open on Google Maps ↗Listed by: Jamial Clark · Renaissance Realty Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$19,678
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $255,000 · Loan: $2,295,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $15,765
- Property tax (1.25%)
- $2,656
- Homeowners insurance
- $300
- Mortgage insurance
- $956
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Inglewood home with as little as 3.5% down using an FHA loan — roughly $89,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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