Listing
$2,899,999
578 St••••• St (Sign up for 50 free credits to unlock)Inglewood, CA 90302
Property Description
Kidder Mathews is pleased to present 578 Stepney St, a 9-unit apartment community in Inglewood, California. The property is offered at $2,899,999, or $322,222 per unit and $353 per SF.Built in 1987, the property consists of two-story buildings with 8,208 SF of rentable area on an approximately 20,000 SF (0.46-acre) lot. The unit mix is eight 2-bedroom/1.5-bath townhome-style units of approximately 975 SF each and one 1-bedroom/1-bath unit of approximately 600 SF. The lot is large for 9 units, and recent changes to California law allow additional accessory dwelling units (ADUs) by right. Under SB 1211, a buyer may add up to 8 detached ADUs, plus up to 2 ADUs converted from non-living space inside the existing buildings. Because the property is near qualifying transit, the new ADUs may be built two stories tall and need no added parking. This creates a path to as many as 17 units on the site by converting carports into 2-story ADUs and the development of a 2,750 SF vacant rear yard, resulting in a pro forma cap rate of 8.7% at $241,176 per unit and $311 per SF. The property is about 1.5 miles from SoFi Stadium and about 2 miles from Intuit Dome, in one of Los Angeles County's most actively redeveloping submarkets.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Oct 25, 2026
- Price per Sq Ft
- $353/sqft
- ZIP Code
- 90302
- Full Baths
- 3
- Parking
- Carport, Carport Detached
- Heating
- Central
- Cooling
- Central
- Property Tax (2025)
- $25,265/yr
- Assessed Value
- $1,750,520
- Last Sold
- $1,400,000 · Oct 27, 2013
- Neighborhood
- North Inglewood
- County
- Los Angeles
- School District
- Inglewood Unified School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 17
Bathrooms
- Total Bathrooms: 17
- Full Bathrooms: 3
Land Info
- Lot Size Acres: 0.4593
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 20009
Rental Info
- Gross Income: 250020
- Gross Scheduled Income: 250020
Home Features
- Other Equipment: Garbage Disposal
Commercial Info
- Net Operating Income: 164066
- Operating Expense: 78453
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 9
- Unit Type: Multifamily
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 2
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 2
- Unit 1 Total Actual Rent: 2200
- Unit 2 Total Actual Rent: 2716
Garage and Parking
- Parking Features: Carport, Carport Detached
- Parking Total: 15
Heating and Cooling
- Cooling Features: Central
- Heating Features: Central
- Heating: Yes
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: 578 Stepney St Inglewood CA
- Area: North Inglewood
- Source Neighborhood: North Inglewood
- Parcel Number: 4015-006-081
- Postal Code Plus 4: 6567
- Zoning: INR2YY
Accessibility Features
- Disabled Access: No
Building and Construction
- Total Square Feet Living: 8208
- Year Built: 1987
- Levels: Multi Levels
- Living Area Source: Vendor Enhanced
- Property Age: 39
- Levels or Stories: 0
- Year Built Source: Vendor Enhanced
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Oct 25, 2026 | Listed | $2,899,999 | $353 |
| May 5, 2014 | Listing removed | $1,490 | $1 |
| Apr 21, 2014 | Listed for rent | $1,490 | $1 |
| Oct 27, 2013 | Sold | $1,400,000 | $171 |
| Feb 26, 2012 | Sold | $1,000,000 | $122 |
| Dec 6, 2001 | Listing removed | $579,000 | $71 |
| Jun 6, 2001 | Listed | $579,000 | $71 |
| Sep 26, 1991 | Sold | $420,500 | $51 |
| Feb 25, 1985 | Sold | $118,180 | $14 |
Location
Lat 33.97383 · Lng -118.34698