112 S Eucalyptus Avenue, Inglewood, CA 90301
-
Listed Price :
$1,895,000
-
Beds :
11
-
Baths :
10
-
Property Size :
2,678 sqft
-
Year Built :
1910
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.
Interior Features
Bedroom Information |
Bedrooms |
11 |
Bathroom Information |
Bathrooms |
10 |
Listing Information
Address |
112 S Eucalyptus Avenue |
City |
Inglewood |
State |
CA |
Zip |
90301 |
County |
Los Angeles |
Listing Agent |
Davis Saadian DRE #01921748 |
Courtesy Of |
KW Advisors |
List Price |
$1,895,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
2,678 |
Lot Size |
8,007 |
Year Built |
1910 |
Listing information courtesy of: Davis Saadian, KW Advisors. *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.