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924 S Grevillea Avenue

Inglewood, CA 90301
  • $1,150,000
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • MLS #: SB23027422
Under Contract
UPDATED: 22 min ago
$1,150,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Listing Agent(s): Austin Zahn of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

Property to be sold together with 920 S Grevillea Ave. Side by side 4-unit buildings each with a unit mix of (2) 2-bedroom 1-bathroom & (2) 1-bedroom 1-bathroom. Each unit has its own garage space and the exterior has been freshly painted. It is currently operating at 4.84% cap rate and 13.98 GRM with upside of a pro-forma 6.10% cap rate and 11.83 GRM. The properties are conveniently located to SoFi Stadium and LAX.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T15:33:03.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/137078725
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924 S Grevillea Avenue Inglewood, CA 90301

  • Price: $1,150,000
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 22 min ago
  • MLS #: SB23027422
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1943
Built
Neighborhood:
102 - South Inglewood
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
Property to be sold together with 920 S Grevillea Ave. Side by side 4-unit buildings each with a unit mix of (2) 2-bedroom 1-bathroom & (2) 1-bedroom 1-bathroom. Each unit has its own garage space and the exterior has been freshly painted. It is currently operating at 4.84% cap rate and 13.98 GRM with upside of a pro-forma 6.10% cap rate and 11.83 GRM. The properties are conveniently located to SoFi Stadium and LAX.
Exterior Features

Lot Features Rectangular Lot Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 500 Fuel Expense 500 Garage YN Yes Gross Income 85980 Gross Scheduled Income 85980 Insurance Expense 1042 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 58101 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 25300 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 500 Water Sewer Expense 500 Water Source Public Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T15:33:03.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Austin Zahn of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)