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    623 S Grevillea Avenue

    Inglewood, CA 90301
    • $2,650,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: 21715128
    Price Reduced
    UPDATED: 68 min ago
    $2,650,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,233
      SQFT
    • $236
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to present 623 South Grevillea Avenue, a 9-unit investment property in Inglewood, California. The property is located between Hillcrest Boulevard and Buckthorn Street. This area is a solid majority-renter market with low vacancy rates. 623 South Grevillea Avenue consists of seven 2 bedroom 2 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers 12 gated and covered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. *Seven 2 Bedroom and Two 1 Bedroom Units, *12 Covered and Gated Parking Spaces, *A Potential 19% Increase in NOI, *Very Walkable 88 Walk Score, *Minutes from the Sofi Stadium and LA Forum

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T18:38:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/115788246
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    623 S Grevillea Avenue Inglewood, CA 90301

    • Price: $2,650,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 21715128
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    11,233
    SQFT
    $236
    $/SQFT
    1964
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    We are pleased to present 623 South Grevillea Avenue, a 9-unit investment property in Inglewood, California. The property is located between Hillcrest Boulevard and Buckthorn Street. This area is a solid majority-renter market with low vacancy rates. 623 South Grevillea Avenue consists of seven 2 bedroom 2 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers 12 gated and covered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. *Seven 2 Bedroom and Two 1 Bedroom Units, *12 Covered and Gated Parking Spaces, *A Potential 19% Increase in NOI, *Very Walkable 88 Walk Score, *Minutes from the Sofi Stadium and LA Forum
    Exterior Features

    Parking Features CoveredGated

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 229800 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 127358 Senior Community YN No Special Listing Conditions Standard Zoning Inr3yy

    Listing provided courtesy of Jonathan Weir of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T18:38:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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