421 South Eucalyptus Avenue

Inglewood, CA 90301

$925,000
Price
4
Beds
2
Baths
1,710 Sq. Ft.
$541 / Sq. Ft.
1,710
Sq. Ft.
$541
per Sq. Ft.

Description

Two Stand-Alone Houses on Large 8,022-SF Corner Lot | Outstanding Inglewood Location - Just 1 Mile from SoFi Stadium, Youtube Theatre & The Forum and 1.5 Miles from Intuit Dome | Residential Asset - Desirable Owner-User Opportunity | (Two) 2-Bedroom/1-Bathroom Houses | Each Unit has Private Outdoor Space | Tenants Pay All Utility & Trash Expenses | Large Lot Presents Opportunity to Redevelop the Property or Build ADUs | Approximately 70% in Rental Upside - 4.77% Pro-Forma Cap Rate & 14.27 Pro-Forma...Two Stand-Alone Houses on Large 8,022-SF Corner Lot | Outstanding Inglewood Location - Just 1 Mile from SoFi Stadium, Youtube Theatre & The Forum and 1.5 Miles from Intuit Dome | Residential Asset - Desirable Owner-User Opportunity | (Two) 2-Bedroom/1-Bathroom Houses | Each Unit has Private Outdoor Space | Tenants Pay All Utility & Trash Expenses | Large Lot Presents Opportunity to Redevelop the Property or Build ADUs | Approximately 70% in Rental Upside - 4.77% Pro-Forma Cap Rate & 14.27 Pro-Forma GRM | Centrally Located Near Hollywood Park, YouTube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX Airport and Upcoming $1 Billion Inglewood Transit Connector Project | Qualifies for Residential Financing
  1. Listed by Jonathan Nikfarjam • DRE #01856803 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 421 South Eucalyptus Avenue

Zoning
INR3YY
Cross Streets
Eucalyptus Avenue & Lime Street
Parcel Number
4020012023
Total Units
2.0
Living Area
1710
Source Living Area
Estimated
Area
North Inglewood (101)
Vacancy Rate
0

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803
Add your commute
LISTING UPDATED: 05/14/2024 12:01 AM

Property Details for 421 South Eucalyptus Avenue

StatusActive
MLS #24-388559
Days on Market14
Taxes$12,950 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.18 AC / 8,022 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803
Add your commute

Building Information for 421 South Eucalyptus Avenue

Stories1Residences-Year Built1914Building Size-Lot Size0.18 AC / 8,022 SF

Payment Calculator

$6,127 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

$1,079

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 421 South Eucalyptus Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 2+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $36,587
  • Net Operating Income: $18,537.00
  • Gross Income: $38,112
  • Gross Rent Multiplier: $24.27
  • Actual Annual Gross Rent: $38,112.00
  • Actual Rent Total: $38,112.00
  • Vacancy Allow Dollar: $1,524.00
  • Vacancy Allow Percent: 4.00%
  • Total Annual Expense: 18050
Land / Lot Info
Land / Lot Info
  • Paved: Yes
  • Lot Acreage: 0.1842
  • Lot Size Square Feet: 8022
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,100.00
  • Unit Actual Rent: $1,100.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,076.00
  • Unit Actual Rent: $2,076.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: 1.40%
  • Assessed Improvement Value: $79,070.00
  • Assessed Improvement Percent: 10.07
  • Assessed Land Value: $706,431.00
  • Assessed Land Percent: 89.93
  • Assessed Total Value: $785,501.00

Property History for 421 South Eucalyptus Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 421 South Eucalyptus Avenue

Taxable ValueLand$706,431Additions$79,070Total$785,501
Tax Record2023$10,406 ($867 / month)
Home Facts
Total Finished SqFt1,710 SqFtAbove Grade Finished SqFt1,710 SqFtLot Size8,022 SqFtStyleDuplexYear Built1914ZoningINR3YYCountyLOS ANGELESAPN4020-012-023

Schools near 421 South Eucalyptus Avenue

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hudnall (Claude) Elementary School
PublicK to 6

Crozier (George W.) Middle School
Public7 to 8

Inglewood High School
Public9 to 12

Inglewood Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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421 South Eucalyptus Avenue is a multi-family home for sale in Inglewood, CA 90301. This property was listed for sale on May 6, 2024 by Shield CRE, Inc., it's currently listed at $925,000. It has been on the market for a total of 14 days and was last sold on June 16, 2021. This listing's school district is Inglewood Unified School District. Nearby schools include Hudnall (Claude) Elementary School, Crozier (George W.) Middle School and Inglewood High School. 421 South Eucalyptus Avenue is a 4-bed, 2-bath, 1,710 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.