CA > Inglewood
Inglewood, CA 90301,112 S Eucalyptus AVE
Inglewood, CA 90301,112 S Eucalyptus AVE
Inglewood, CA 90301,112 S Eucalyptus AVE
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Lorenzo Vasquez

Lorenzo Vasquez

+1(559) 667-7612
$1,895,000
Est. payment /mo
11 Beds
10 Baths
2,678 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,678 sqft

Price per Sqft $707

MLS Listing ID 25507139

Bedrooms 11

HOA Y/N No

Year Built 1910

Lot Size 8,006 Sqft

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 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.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR4*

Interior

Fireplace No

Appliance Refrigerator

Exterior

Total Parking Spaces 2

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4020018023

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Davis Saadian • Keller Williams Hollywood Hills

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agent

Lorenzo Vasquez

+1(559) 667-7612

Agent | License ID: 02072805

Agent License ID: 02072805

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