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222 Lime Street Inglewood, CA 90301
$1,549,000 0 beds, 0 baths
0 sqft
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Agent Remarks

222 Lime is a true cash cow investment opportunity located in the vibrant Downtown Inglewood neighborhood. Currently generating $6,656 per month in actual rents—which equals $79,872 annually—this property also boasts strong upside with potential proforma rents of $11,693 per month or $140,316 annually at full market occupancy. This significant income gap highlights the property’s compelling potential for value growth and increased cash flow. These figures do not even include an estimated additional $1,800 per year in laundry income, further enhancing the investment’s profitability. Situated in an area undergoing major revitalization, 222 Lime offers excellent walkability with a Walk Score of 82, placing everyday amenities, dining, public transit, and entertainment venues within easy reach. The property is conveniently close to major attractions like SoFi Stadium and the Inglewood Basketball and Entertainment Center, making it a highly desirable location for tenants seeking an active, connected lifestyle. The building features a spacious and versatile mix of unit types, including a large, two-story 3-bedroom, 2.5-bath unit with a private balcony, two 2-bedroom units, and a 1-bedroom unit. Recent upgrades include a large, relatively new water heater serving all units, central heating and air conditioning throughout with three of the four AC units newly installed, and individually metered utilities comprising five gas meters, four electric meters, and one water meter, ensuring efficient cost management. Owner-owned laundry machines and range/oven units help reduce tenant expenses while providing reliable appliances. All units feature dual-pane windows and sound-insulated doors installed under the Inglewood Sound Insulation Program, enhancing tenant comfort and quiet. Unit C has new carpeting and recently renovated bathrooms, while Unit D offers new kitchen cabinetry with elegant quartz countertops. 222 Lime represents a rare chance to own a high-performing, cash-flowing asset in one of Inglewood’s most dynamic and walkable communities, perfectly positioned to benefit from the city’s ongoing transformation and growth.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# PW25121739
List price is $1,549,000
Beds: 0
Baths: 0
Family Room fireplaces
Built in 1966
2 stories
0.14 acres
Lot size: 0.1379
County: Los Angeles
Zoning: INR3YY
Appliances: Electric Oven,Gas Range
Parking description: Assigned
Lot description: Yard
Heating/cooling: Central Air
Heating description: Central
MLS area: 101 - North Inglewood

Last Updated: 6/7/2025

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This listing belongs to the 101 - North Inglewood MLS area

Lat/Long: 33.957518, -118.358398.
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Listing Agent: Bret Lewis
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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