623 South Grevillea Avenue
623 South Grevillea Avenue
$2,580,000
16
16
11,233
11,233
$230
Sold 8/16/21
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...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
- Listed by Jonathan Weir • DRE #02038545 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 623 South Grevillea Avenue
Zoning
INR3YY
Parcel Number4022027006
Total Units9.0
Living Area11233
Source Living AreaAssessor
AreaNorth Inglewood (101)
Vacancy Rate6106
Lot Size Area9625
Location
LISTING UPDATED: 08/16/2021 12:30 PM
Property Details for 623 South Grevillea Avenue
Status | Sold |
---|---|
MLS # | 21-715128 |
Days on Market | 45 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.22 AC / 9,625 SF |
County | Los Angeles County |
Location
Building Information for 623 South Grevillea Avenue
Stories-Residences-Year Built1964Building Size-Lot Size0.22 AC / 9,625 SF
Payment Calculator
$16,527 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 623 South Grevillea Avenue
Property History for 623 South Grevillea Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 623 South Grevillea Avenue
Taxable ValueLand$1,734,000Additions$408,660Total$2,142,660
Tax Record2023$29,370 ($2,447 / month)
Home Facts
Total Finished SqFt11,233 SqFtAbove Grade Finished SqFt11,233 SqFtLot Size9,611 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningINR3YYCountyLOS ANGELESAPN4022-027-006
Schools near 623 South Grevillea 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 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Hudnall (Claude) Elementary School PublicK to 6 | ||
Crozier (George W.) Middle School Public7 to 8 | ||
Morningside High School Public9 to 12 | ||
Icef Inglewood Elementary Charter Academy CharterK to 5 |
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.
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