Inglewood, CA 90301,112 S Eucalyptus Ave
Inglewood, CA 90301,112 S Eucalyptus Ave
Inglewood, CA 90301,112 S Eucalyptus Ave
18
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$1,895,000
Est. payment /mo
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11 BD
10 BA
2,678 SqFt
New

112 S Eucalyptus Ave Inglewood, CA 90301

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UPDATED:

12/10/2024 05:18 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,678 sqft

Price per Sqft $707

MLS Listing ID 24-470935

Bedrooms 11

Year Built 1910

Lot Size 8,007 Sqft

Acres 0.1838

Property 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.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR4*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by KW Advisors

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Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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112 S Eucalyptus Ave