112 S Eucalyptus Avenue
Inglewood, CA 90301
2678 sqft | 11 beds | 0.18 acres | #25549147
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 $16,010/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 an 8.5% Cap Rate & 9.3x GRM. Excellent cash-flow investment opportunity. Please email for the Executive Summary/ Financial Analysis.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,849,000
- MLS #25549147
- MLS #25549147
- Cost1795000
- Acres0.1838
- Square Feet2678
- Year Built1910
- Bedrooms11
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Davis Saadian (#CLW-C114727)
Listing Office: Keller Williams Hollywood Hills (#CLW-X7252101)
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