Address
623 S Grevillea Avenue Inglewood, CA
Price
$ 2,650,000
Property Attributes
  • MLS#21715128
  • TypePending
  • CountyLOS ANGELES
  • CityInglewood
  • AreaNorth Inglewood
  • Zip90301
  • Style
  • Price$ 2,650,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • Lot Size9,625 SqFt
Listing Provided Courtesy Of:
Jonathan Weir with Marcus & Millichap.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

We are pleased to present 623 South Grevillea Avenue, a 9-unit investment property in Inglewood, California. The property is located between Hillcrest Boulevard and Buckthorn Street. This area is a solid majority-renter market with low vacancy rates. 623 South Grevillea Avenue consists of seven 2 bedroom 2 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers 12 gated and covered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. *Seven 2 Bedroom and Two 1 Bedroom Units, *12 Covered and Gated Parking Spaces, *A Potential 19% Increase in NOI, *Very Walkable 88 Walk Score, *Minutes from the Sofi Stadium and LA Forum

Price History
4/6/2021 Listed $2,850,000
5/4/2021 8% - $2,650,000

General Features

Cooling Central Air
Heating Wall Furnace
Listing Agent Jonathan Weir - BRE#02038545
Listing Agent State License 02038545
MLS Area 101 - North Inglewood
Property Type Residential Income
Special Listing Conditions Standard
Status Pending
Total Units 9
Zoning INR3YY

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.22
Lot Size Area 9625
Lot Size Source Assessor
Lot Size Square Feet 9625
Lot Size Units Square Feet
Number of Buildings 2
Parking Features Covered, Gated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90301

Price
AVG $1.19M
$2.65M
Visits
AVG 68
94
Year Built
AVG 1977
1964
Walkscore
AVG 79
88
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover