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10822 S Grevillea Avenue

Inglewood, CA 90304
  • $2,350,000
  • STATUS: ACTIVE
  • ON SITE: 83 Days
  • ID#: SB24166103
UPDATED: 37 min ago
$2,350,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores. This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/153603856
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10822 S Grevillea Avenue Inglewood, CA 90304

  • Price: $2,350,000
  • Status: ACTIVE
  • On Site: 83 Days
  • Updated: 37 min ago
  • ID#: SB24166103
4
Beds
0
Baths
0
½ Baths
0.21
Acres
Neighborhood:
Inglewood (90304)
County:
Los Angeles
Area:
Inglewood (90304)
Property Description
This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores. This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site CurbsSidewalks

Interior Features

Heat Equipment Radiant Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 5.0 Annual Expense Actual 47263 Buildings 1 Cfd Mello Roos Fee 7591.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.2 Gross Scheduled Income Actual 170196 Monthly Total Fees 632 Possession Close of Escrow Sewer Septic Sewer Connected Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3200.0 Unit2 Rent Actual 1124.0 Unit3 Rent Actual 900.0 Unit4 Rent Actual 1467.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Antonio Gonzalez of West Shores Realty, Inc.: 310-930-2730. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128