Address
623 S Grevillea Avenue Inglewood, CA
Price
$ 2,850,000
Property Attributes
- MLS#21715128
- TypeIncome
- CountyLOS ANGELES
- CityInglewood
- AreaNorth Inglewood
- Zip90301
- Style
- Price$ 2,850,000
- Bedrooms9
- Full Bathrooms9
- Half Bathrooms0
- Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Jonathan Weir with Marcus & Millichap.
Data Source:
CRMLS
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
| Price History | |
|---|---|
| 4/6/2021 | Listed $2,850,000 |
General Features
| Cooling | Central Air |
|---|---|
| Heating | Wall Furnace |
| MLS Area | 101 - North Inglewood |
| Parking Features | Covered, Gated |
| Property Type | Residential Income |
| Total Units | 9 |
| Zoning | INR3YY |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
Exterior Features
| Lot Size Acres | 0.22 |
|---|---|
| Lot Size Area | 9625 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 9625 |
| Lot Size Units | Square Feet |
| Number of Buildings | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90301
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 14, 2021 8:51 PM UTC 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
