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406 Grevillea Avenue, Inglewood, CA 90301
Priced at Only: $2,250,000
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Address: 406 Grevillea Avenue, Inglewood, CA 90301
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  • MLS#: 25617197 ( )
  • Street Address: 406 Grevillea Avenue
  • Viewed: 2
  • Price: $2,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0
  • Days On Market: 131
  • Additional Information
  • County: LOS ANGELES
  • City: Inglewood
  • Zipcode: 90301
  • Provided by: Keller Williams Realty
  • Contact: Joshua Joshua
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are thrilled to present an exceptional investment opportunity at 406 South Grevillea Avenue, a 12 unit multifamily property located in the heart of North Inglewood. This asset is perfectly positioned at the crossroads of one of Southern California's most dynamic urban transformations, just moments from SoFi Stadium, The Forum, Intuit Dome, and the rapidly evolving Downtown Inglewood. The property features a unit mix of all Studio units, each individually metered for gas and electricity an operational advantage that keeps expenses low and margins high. What truly sets this offering apart is its financial performance. With a cap rate of 7.52%, this is one of the most attractive returns currently available in the Inglewood market. The GRM stands at a compelling 9.13, and the price per unit, just $187,500, is a rare value in a city where multifamily pricing continues to climb. Inglewood itself is undergoing a renaissance, fueled by billions in infrastructure, entertainment, and commercial development. From the Crenshaw/LAX Metro Line to new retail corridors and world class venues, the city is transforming into a premier destination for residents and investors alike. 406 South Grevillea Avenue offers not just a foothold in this thriving market, but a front row seat to its future. For today's discerning investor, this is more than a property it's a strategic move into one of Los Angeles' most promising growth stories.
Features
Building Area Total
  1. 6992.00
Cooling
  1. None
Country
  1. US
Heating
  1. Forced Air
Levels
  1. Two
Netoperatingincome
  1. 169303.00
Parcel Number
  1. 4021018015
Parking Features
  1. Driveway
Sourcesystemkey
  1. 25617197:CLAW
Totalexpenses
  1. 73213.00
Year Built
  1. 1926
Zoning
  1. INC2D*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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