Inglewood, CA 90301,623 S Grevillea Ave
Inglewood, CA 90301,623 S Grevillea Ave
Inglewood, CA 90301,623 S Grevillea Ave
5
$2,580,000
$2,650,000
2.6%
Est.Price: ?

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16 BD
16 BA
11,233 SqFt

623 S Grevillea Ave Inglewood, CA 90301

Est. payment /mo
SOLD DATE : 08/16/2021

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Key Details

Sold Price $2,580,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 11,233 sqft

Price per Sqft $229

MLS Listing ID 21-715128

Sold Date 08/16/21

Bedrooms 16

Year Built 1964

Lot Size 9,625 Sqft

Acres 0.221

Property Description

We are pleased to present 623 South Grevillea Avenue, a 9-unit investment property in Inglewood, California. The property is located between Hillcrest Boulevard and Buckthorn Street. This area is a solid majority-renter market with low vacancy rates. 623 South Grevillea Avenue consists of seven 2 bedroom 2 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers 12 gated and covered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. *Seven 2 Bedroom and Two 1 Bedroom Units, *12 Covered and Gated Parking Spaces, *A Potential 19% Increase in NOI, *Very Walkable 88 Walk Score, *Minutes from the Sofi Stadium and LA Forum

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Central

Equipment Range/Oven

Exterior

Parking Features Gated, Covered Parking

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

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Herman Singh

Broker

+1(310) 625-6175

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