600 S Eucalyptus Ave, Inglewood, CA 90301

600 S Eucalyptus Ave, Inglewood, CA 90301

Inglewood, CA

Property Description

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600 S Eucalyptus Ave, Inglewood 90301 – 4-Units | $ 980,000
<li>-  Located Approximately 2.0 Miles to the Entrance of the New $5B Sofi Stadium and Hollywood Park Entertainment Complex, Which Will Feature 1.5M Sq. Ft. of Retail and Office, 2,500 Residences, a Hotel, and a 20 Acre Park</li>
<li>-  Well-Maintained 4-Unit Consisting of (1) 3-Bed/2-Bath, (2) 1- Bed/1-Bath &amp; (1) 0-Bed/1-Bath</li>
<li>-  Four (4) Garages Spaces Plus An Additional Parking Space For The Studio</li>
<li>-  2,893 SF of Living Space Situated on a 5,394 SF Lot</li>
<li>-  Currently Operating at a 3.69% CAP &amp; 16.72 GRM | Pro Forma CAP 6.01% &amp; 11.88 GRMLyon | Stahl Investment Real Estate is pleased to present 600 S Eucalyptus Ave, a 4-unit apartment building located in a desirable southwest pocket of Inglewood, just a short distance to the Forum, future NFL stadium, and LAX. These two adjacent buildings make up a total of 2,893 Sf in living space situated on a 5,964 SF parcel of land. 600 S Eucalyptus Ave offers a great unit mix consisting of one (1) 3- bed/2-bath, two (2) 1-bed/1- bath units and one (1) 0-bed/1-bath unit. The building features on-site laundry and four covered parking spaces.This is an excellent opportunity for a potential investor to obtain 30- year fixed residential financing while rates are at a historical low. Located just two miles East of the Inglewood multi-billion dollar developments, 600 S Eucalyptus Ave is an excellent investment opportunity with significant upside and long term appreciation potential.</li>

Property Features

  • Sale Price: $980,000
  • Area Size: 2983 SF
  • Land Area: 5964 SF
  • Year Built: 1930
  • Listing Date: 5/18/2020
  • Closing Date: 8/10/2020
  • Units: 4
  • Current GRM: 16.72
  • Current Cap Rate: 3.69%
  • Price Per Unit: $248,750
  • Market GRM: 11.88
  • Market Cap Rate: 6.01%

Lyon Stahl Investment Real Estate

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