REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Bret Lewis • Bret Lewis, Broker
$ 1,549,000
Est. payment /mo
Active
222 Lime ST Inglewood, CA 90301
6,005 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25121739
Year Built 1966
Lot Size 6,005 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Rooms
Kitchen Oven Range - Gas, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Community Facility
Exterior
Parking Features Assigned Spaces
Garage Spaces 6.0
Pool None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 4020014014
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.