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    619 S Grevillea Ave

    Inglewood, CA 90301
    • $1,450,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 21-715032
    $1,450,000
    • 6
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $403
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    We are pleased to present 619 South Grevillea Avenue, a 6-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. 619 South Grevillea Avenue consists of six 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. Most units include upgraded kitchens and bathrooms. The property also offers 6 garage 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. *Six 1 Bedroom 1 Bathroom Units, *6 Garage Spaces, *A Potential 18% Increase in NOI, *Very Walkable 88 Walk Score, *Just minutes from the Forum and Sofi Stadium

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T23:42:19.19. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/115787538
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    619 S Grevillea Ave Inglewood, CA 90301

    • Price: $1,450,000
    • Status: Active
    • MLS #: 21-715032
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    3,600
    SQFT
    $403
    $/SQFT
    1956
    Built
    Neighborhood:
    North Inglewood
    County:
    Los Angeles
    Area:
    North Inglewood
    Property Description
    We are pleased to present 619 South Grevillea Avenue, a 6-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. 619 South Grevillea Avenue consists of six 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. Most units include upgraded kitchens and bathrooms. The property also offers 6 garage 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. *Six 1 Bedroom 1 Bathroom Units, *6 Garage Spaces, *A Potential 18% Increase in NOI, *Very Walkable 88 Walk Score, *Just minutes from the Forum and Sofi Stadium
    Exterior Features

    Lot Size Area 9593 Other Structures None Parking Garage Garage Total Parking 0

    Interior Features

    Baths Total 6.00 Cooling Central Equipment Range/Oven Heating Wall

    Property Features

    Assessed Total Value 129232 Gross Income 122400 Gross Operating Income 106734 Like Units1 6 Net Operating Income 66806.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 39928 Type Of Units 6 Year Built Source Assessor Zoning Inr3yy

    Listing provided courtesy of Jonathan Weir DRE#02038545 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T23:42:19.19. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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