327331 Stepney Street presents a unique opportunity to acquire a 20 unit multifamily asset spread across two adjacent parcels in Northwest Inglewood. Set on a combined 20,013 SF lot, the property features a highly diverse unit mixranging from spacious 3 bedroom apartments to efficient studiosappealing to a wide tenant base in one of LAs most rapidly evolving rental markets. The unit mix includes (1) 3 Bed/2 Bath, (1) 3 Bed/1 Bath, (1) 2 Bed/2 Bath, (6) 2 Bed/1.5 Bath, (2) 2 Bed/1 Bath, (2) 1 Bed/1 Bath, and (7) Studio units, totaling 15,698 rentable square feet. With an attractive in place CAP rate of 5.44%, a low basis of $302.59 per square foot, and pricing at just $237,500 per unit, the property offers strong current income with significant upside. Investors can target approximately 20% rental growth, supporting a projected market CAP rate of 7.13%. Ideally located in a quiet residential pocket of Inglewood, and only 2.5 miles from the Intuit Dome and SoFi Stadium, the property is well positioned to benefit from continued local development and tenant demand. With its favorable unit mix, strong fundamentals, and upside potential, 327331 Stepney Street stands out as a compelling value add investment in a high growth submarket.