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820 S Grevillea Ave, Inglewood, CA 90301

820 S Grevillea Ave, Inglewood, CA 90301
$800,000

Description

820 S Grevillea Ave is either an investment opportunity or owner-friendly asset. The property offers 3 single detached units with one garage for each unit. On current rents, the asset is operating at a 3.81% Cap Rate (Market 4.3%) and 17.09 GRM (Market 15%), with still plenty of room to grow. The Bachelor will be delivered vacant at the end of escrow as this property is contingent upon an exchange and seller finding a suitable trade property. Inglewood is in the midst of a full-scale transformation into attracting an influx of new businesses, jobs, and entertainment. Central location to Inglewood’s new highlight entertainment the Sofi Stadium and Inglewood City Hall.

Property Downloads

  • City: Inglewood
  • State/county: CA
  • Country: United States

Detail

Updated on July 6, 2020 at 10:58 am

  • Price: $800,000
  • List Date: 7/03/2020
  • Land Area: 5,012 Sq Ft
  • Year Built: 1922
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 3
  • NOI: $27,819
  • GRM: 17.32
  • CAP RATE: 3.48%
  • Price per Unit: $266,667
  • Market GRM: 14.98
  • Market CAP RATE: 4.33%

Contact info

Evelyn Baez
Evelyn Baez
(310)598-1233(951)902-3006
Johnnie Stiegler
Johnnie Stiegler
(310) 990-9685(310) 447-2213

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