Listing date: 2024-12-10, Last update: 2025-01-08

$1,895,000 For Sale

112 S Eucalyptus Avenue, Inglewood, CA 90301

  • 11Beds
  • -Baths
  • 2,678
    sqft
  • 8,006
    sqft Lot
  • 11 Beds
  • Baths
  • 2,678 sqft
  • 8,006 sqft lot
Property Highlight
Year built
1910
Listed for
31 days
Price / Home Size
$707 / sqft
Parking
0
HOA
$0 / mo
A/C
-
Home Type
Other
View
    Description

We are pleased to offer the opportunity to acquire this ten (10) unit multifamily investment opportunity located in the heart of Inglewood. This investment was constructed of wood frame and stucco on a raised foundation built in 1910 with a square footage of 2,678 on a 8,005-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eight (8) studio units, one (1) 2+1 single family residence, and one (1) 1+1 unit. The investment is 100% occupied with a gross income of $15,147/month. There's approximately 25% potential upside in rents, which an investor can achieve closer to about $19,500/month. The investment is currently priced at a 7.25% Cap Rate & 10x GRM. Excellent cash-flow opportunity.

Listing Provided Agent
  • • Name: Davis Saadian
  • • DRE: 01921748
  • • Email: davis@saadiangroup.com
  • • Phone: -
Listing Provided Office
  • • Name: KW Advisors
  • • Email: -
  • • Phone: 310-482-2200
Source
  • • CRMLS #24470935crmls logo
Local Information
Home Details for 112 S Eucalyptus Avenue
Interior
Features
Appliances
Bathrooms
  • 10 total bathrooms
Bedrooms
  • 11 total bedrooms
Living Area
  • 2,678 sqft
Exterior
Features
  • Home Type: Multifamily
  • New Construction: No
  • Levels: One
  • Stories: 1
Parking & Garage
Lot
  • Size: 8,006 sqft
Details
  • Parcel Number: 4020018023
  • Special Condition: Standard
  • Property Condition: Zoning: INR4*
  • # of Total unit: 10
Utilities
Utilities
Community & HOA
Community
  • None
HOA
Property Financial History
DateEventPrice
12/10/2024Source: CRMLS #24470935
Listed for Sale
$ 1,895,000
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