308 Stepney Street
Inglewood, CA 90302
Listing broker / agent: Lyon Stahl Investment Real Est · Woody Stahl · broker@lyonstahl.com · CRMLS
MLS # PW26232823 · Last checked Nov 14, 2026 18:48 UTC
About this property
308 Stepney Street presents an attractive eight-unit multifamily investment opportunity in a desirable pocket of North Inglewood. Offered at $1,925,000, the property features a strong in-place 6.45% CAP rate and 9.31 GRM, with projected market rents supporting a pro forma 8.21% CAP rate and 7.94 GRM. The unit mix consists of one 4-bedroom/2-bath unit, three 2-bedroom/1-bath unit, two 2-bedroom/2-bath units, and two 1-bedroom/1-bath units, providing a desirable combination of spacious floor plans. Built in 1966, the property consists of 8,571 square feet of improvements situated on a 9,997-square-foot lot. The building offers ample on-site parking with 14 total spaces, including ten covered spaces, two driveway spaces, and two-car garage. Current rental rates are approximately 17% below projected market rents, providing new ownership with an opportunity to increase income over time through rent growth and potential unit improvements. Ideally located in North Inglewood, the property provides convenient access to major employment centers throughout Los Angeles and the South Bay, including LAX, Culver City, and the surrounding aerospace and technology industries. Residents also benefit from proximity to SoFi Stadium, Intuit Dome, Hollywood Park, and the Kia Forum, as well as convenient access to the 405 and 105 freeways. With strong in-place income, an attractive unit mix, ample parking, and additional rental upside, 308 Stepney Street offers investors an opportunity to acquire a well-located multifamily asset in an established Inglewood neighborhood.
Property details
- MLS number
- PW26232823
- Status
- Active
- Type
- Residential Income
- Subtype
- Mixed Use
- Lot size
- 0.2295 acres
- County
- Los Angeles
- Year built
- 1966
More property detailsCollapse
Listing
- Days on market
- 9
Building
- Year built
- 1966
- Year built source
- Assessor
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 14
- Garage spaces
- 2
- Carport spaces
- 10
- Pool
- None
- Lot features
- Six To Ten Units Acre
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Wilder's Preparatory Academy Charter (school website, opens in a new tab) Inglewood Unified · Inglewood | K–5 | 0.3 mi |
| Wilder's Preparatory Academy Charter Middle (school website, opens in a new tab) Inglewood Unified · Inglewood | 6–8 | 0.3 mi |
| Grace Hopper STEM Academy (school website, opens in a new tab) Inglewood Unified · Inglewood | 6–8 | 0.4 mi |
| Centinela (school website, opens in a new tab) Inglewood Unified · Inglewood | K–8 | 0.5 mi |
| Iovine and Young Center Inglewood (school website, opens in a new tab) Inglewood Unified · Inglewood | 9–12 | 0.6 mi |
| City Honors International Preparatory High (school website, opens in a new tab) Inglewood Unified · Inglewood | 9–12 | 0.6 mi |
| New Opportunities Charter Centinela Valley Union High · Inglewood | 9–12 | 0.6 mi |
| Inglewood Continuation High (school website, opens in a new tab) Inglewood Unified · Inglewood | 9–12 | 0.9 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,925,000
- MLS-reported original asking price
- $1,925,000
| Observed (UTC) | Asking price |
|---|---|
| Nov 3, 2026 18:05 | $1,925,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Inglewood
Active residential homes for sale in Inglewood, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
17 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 21:12 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗