$1,895,000
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Eucalyptus Ave Inglewood, CA 90301
Other
Residence
11
Beds
10
Baths
2,678
Sq. Ft.
0.18
Acre
Lot
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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 a 8,005-square foot lot. The bui...lding 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 $15,147/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 7.25% Cap Rate & 10x GRM. Excellent cash-flow opportunity.
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MLS#
24-470935
Property Type
Other
Bedrooms
11
Bathrooms
Year Built
1910
Square Feet
2,678
sq. ft
Price per Sq. Ft.
$707.62
Lot Size
0.18
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