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$2,395,000
28 Days On Site

406 S Grevillea Avenue
Inglewood, CA 90301

For Sale|Residential Income|Active
5
Beds
12
Total Baths
6,992
SqFt
$343
/SqFt
1926
Built
County:
Los Angeles
Listed by Joshua Cohen of Keller Williams Realty [email protected]

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Call Now: 949-774-8692
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949-774-8692
406 S Grevillea Avenue406 S Grevillea Avenue406 S Grevillea Avenue406 S Grevillea Avenue
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Monthly Payment (Est.)

$10,927
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We are thrilled to present an exceptional investment opportunity at 406 South Grevillea Avenue, a 12-unit multifamily property located in the heart of North Inglewood. This asset is perfectly positioned at the crossroads of one of Southern California's most dynamic urban transformations, just moments from SoFi Stadium, The Forum, Intuit Dome, and the rapidly evolving Downtown Inglewood. The property features a desirable mix of One-Bedroom and Studio units (One beds converted from large Studios), each individually metered for gas and electricity - an operational advantage that keeps expenses low and margins high. What truly sets this offering apart is its financial performance. With a cap rate of 7%, this is one of the most attractive returns currently available in the Inglewood market. The GRM stands at a compelling 9.72, and the price per unit, just $199,583, is a rare value in a city where multifamily pricing continues to climb. Add to that a projected rental upside of approximately 15%, and you have a cash-flowing asset with built-in growth potential. Inglewood itself is undergoing a renaissance, fueled by billions in infrastructure, entertainment, and commercial development. From the Crenshaw/LAX Metro Line to new retail corridors and world-class venues, the city is transforming into a premier destination for residents and investors alike. 406 South Grevillea Avenue offers not just a foothold in this thriving market, but a front-row seat to its future. For today's discerning investor, this is more than a property it's a strategic move into one of Los Angeles' most promising growth stories.

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Listing Snapshot
Price 
$2,395,000
Days On Site 
28 Days
Bedrooms 
5
Inside Area (SqFt) 
6,992 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1926
MLS® Number 
25617197
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1722
Levels 
Two
Number Of Stories 
2
Parking 
Driveway
Special Circumstances 
Standard
SqFt Total 
6992
Zoning 
INC2D*
Interior Features
Heating 
Forced Air
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Community Features
MLS Area 
101 - North Inglewood


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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