112 S Eucalyptus Avenue Active Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90301
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,678 sqft
Price per Sqft $707
MLS Listing ID CL25507139
HOA Y/N No
Year Built 1910
Lot Size 8,007 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
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 am expansive 8,005-square foot lot. The building 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 $15,720/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 7.5% Cap Rate & 10x GRM. Excellent cash-flow investment opportunity.
Location
State CA
County Los Angeles
Zoning INR4
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4020018023