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    11022 S Grevillea Avenue

    Inglewood, CA 90304
    • $1,900,000
    • STATUS: Active
    • ON SITE: 158 days
    • ID#: PW20236791
    Price Reduced
    $1,900,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,118
      SQFT
    • $234
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    $190,900 Per Unit - $234 Per SF, 9.73 GRM Market - 12.92 GRM Current, Located in Opportunity Zone, Ample On-Site Parking & Extremely Well Maintained, XL Lot Block to Block - potential to Subdivide and Sell Separately, 100% Collections, Implement Sound Management and/or RUBS to Control and Cut Expenses Significantly, +/- 26% Upside in Rents, Potential to Add up to 5 additional Units Per AB 68. Grevillea is 8 units plus 2 legal non-conforming units. Contact Listing Agent for Marketing Package.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/111771295
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    11022 S Grevillea Avenue Inglewood, CA 90304

    • Price: $1,900,000
    • Status: Active
    • ID#: PW20236791
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    8,118
    SQFT
    $234
    $/SQFT
    1988
    Built
    Neighborhood:
    105 - Lennox
    County:
    Los Angeles
    Area:
    105 - Lennox
    Property Description
    $190,900 Per Unit - $234 Per SF, 9.73 GRM Market - 12.92 GRM Current, Located in Opportunity Zone, Ample On-Site Parking & Extremely Well Maintained, XL Lot Block to Block - potential to Subdivide and Sell Separately, 100% Collections, Implement Sound Management and/or RUBS to Control and Cut Expenses Significantly, +/- 26% Upside in Rents, Potential to Add up to 5 additional Units Per AB 68. Grevillea is 8 units plus 2 legal non-conforming units. Contact Listing Agent for Marketing Package.
    Exterior Features

    Carport Spaces 6 Carport YN Yes Lot Features Street Level Number Of Separate Electric Meters 8 Open Parking Spaces 6 Parking Features CoveredGarageUncovered Parking Total 18 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Cap Rate 4.1 Common Interest Community Apartment Community Features Curbs Electric Expense 3737 Fuel Expense 3737 Garage YN Yes Gross Income 0 Gross Scheduled Income 147096 Insurance Expense 3247 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 5500 Net Operating Income 77986 New Construction YN No New Taxes Expense 32339 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 6469 Pest Control Expense 500 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3736 Vacancy Allowance Rate 3 Water Sewer Expense 3736 Water Source Public Zoning Lcr3yy

    Listing provided courtesy of Shane Young of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
    1125 Linda Vista Dr.
    San Marcos CA, 92078