310 S Eucalyptus Ave, Inglewood, CA 90301

310 S Eucalyptus Ave, Inglewood, CA 90301

Inglewood, CA

Property Description

Nico Rosmarin and Daniel Shieh of Lyon Stahl Investment Real Estate are pleased to present 310 South Eucalyptus Avenue in Inglewood, California. This exciting investment opportunity is located south of Manchester Avenue and is just blocks away from the new Hollywood Park Redevelopment, slated to be the world’s most expensive sports stadium. In addition to the stadium, the development will bring 3,000 new housing units, a luxury
hotel and approximately 620,000 SF of new retail.

This unique eight-unit apartment building is comprised of one (1) three-bedroom/two-bathroom townhome, five (5) two bedroom/one and one half bathroom townhomes and two (2) one bedroom/one bathroom units. The site features gated parking and oversized townhome units, commanding strong rents and a stable tenant base.

310 South Eucalyptus Avenue offers an astute investor the opportunity to acquire an asset in excellent condition with strong rents in place. With room for rental growth and its proximity to the stadium development, 310 South Eucalyptus offers an excellent investment opportunity.

Property Features

  • Sale Price: $2,450,000
  • Area Size: 8,503 SF
  • Land Area: 7,557 SF
  • Year Built: 1965
  • Listing Date: 6/25/18
  • Closing Date: 9/21/2018
  • Units: 8
  • Current GRM: 14.08
  • Current Cap Rate: 4.5%
  • Price Per Unit: $306,250
  • Market GRM: 12.61
  • Market Cap Rate: 5.3%
  • Current NOI: $110,926

Lyon Stahl Investment Real Estate

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