623 S Grevillea Avenue, Inglewood, CA 90301

$2,850,000
List Price
$2,850,000
Status
ACTIVE
MLS#
21715128
Year Built
1964
Lot Size
9,625
Acres
0.22
Days on Market
6
Property Type
Multifamily

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

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Central Air
Number Of Units Total
9

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jonathan Weir from Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.