112 S Eucalyptus Avenue

Inglewood, CA 90301

$1,895,000

List Price

11

bed Beds

10

shower Baths

2,678 sqft

straighten / sqft

1910

calendar_month Built

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.

Listing Information

List Price $1,895,000
Status Active
MLS 24470935
Type Residential Income
Year Built 1910
Lot Size 8,007
Structure Size 2,678
DOM 8
Courtesy Of KW Advisors
Listing Agent Davis Saadian DRE#01921748

Interior Features

Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 10

Exterior Information

Maps

Listing information courtesy of: Davis Saadian, KW Advisors 310-402-8958. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 6:01 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.