About this home

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.

Facts and features

Schools

• Debbie's Child Care Development Center/Preschool

  elementary · K-1 · 0.1 mi

• ICEF Inglewood Elementary Charter Academy

  elementary · K-5 · 0.4 mi

  8

• Inglewood Career Technical Education, Adult Education, Alternative Education

  elementary · 0.4 mi

• A Bright Beginning Cdc

  elementary · K-6 · 0.2 mi

• A Bright Beginning Cdc

  elementary · PK-K · 0.2 mi

• City Honors College Preparatory Charter School

  high · 9-12 · 0.6 mi

  6

Price history

• Sep 11, 2026 · Listed$2,550,000
• Jan 31, 2025 · Listing Removed—
• Dec 4, 2024 · Price Changed$2,400,000
• Aug 19, 2024 · Price Changed$2,550,000
• Jul 10, 2024 · Listed$2,810,000
• Mar 31, 2006 · Sold$1,160,000
• Jan 23, 2006 · Listed$1,149,000
• Jan 12, 1977 · Sold$41,500

Tax history

• 2025$23,451 tax · $1,616,924 assessed
• 2024$21,709 tax · $1,585,220 assessed
• 2023$21,482 tax · $1,523,665 assessed
• 2022$21,858 tax · $1,493,790 assessed
• 2021$21,653 tax · $1,464,501 assessed
• 2020$20,722 tax · $1,449,485 assessed
• 2019$20,388 tax · $1,421,065 assessed
• 2018$20,261 tax · $1,393,202 assessed

Home value

$1,515,000

• Collateral Analytics$1,515,000
• Quantarium$1,875,541

Where it is