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 am expansive 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 $15,720/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 7.5% Cap Rate & 10x GRM. Excellent cash-flow investment opportunity.
Property Details
Price:
$1,895,000
MLS #:
25507139
Status:
Active
Baths:
0
Address:
112 S Eucalyptus Avenue
Type:
Residential Income
Neighborhood:
101northinglewood
City:
Inglewood
Listed Date:
Mar 5, 2025
State:
CA
ZIP:
90301
Lot Size:
8,007 sqft / 0.18 acres (approx)
Year Built:
1910
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Schools
Interior
Appliances
Refrigerator
Exterior
Parking Spots
2.00
Stories Total
1
Financial
Map
Community
- Address112 S Eucalyptus Avenue Inglewood CA
- Area101 – North Inglewood
- CityInglewood
- CountyLos Angeles
- Zip Code90301
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112 S Eucalyptus Avenue
Inglewood, CA
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