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    11022 S Grevillea Avenue

    Inglewood, CA 90304
    • $1,935,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: PW20236791
    UPDATED: 40 min ago
    $1,935,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,118
      SQFT
    • $238
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    $193,500 Per Unit - $238 Per SF, 9.90 GRM Market - 13.15 GRM Current, Located in Opportunity Zone, Ample On-Site Parking & Extremely Well Maintained, XL Lot +GG 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 2021-04-14T19:30:11.507. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/111771295
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    11022 S Grevillea Avenue Inglewood, CA 90304

    • Price: $1,935,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: PW20236791
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    8,118
    SQFT
    $238
    $/SQFT
    1988
    Built
    Neighborhood:
    105 - Lennox
    County:
    Los Angeles
    Area:
    105 - Lennox
    Property Description
    $193,500 Per Unit - $238 Per SF, 9.90 GRM Market - 13.15 GRM Current, Located in Opportunity Zone, Ample On-Site Parking & Extremely Well Maintained, XL Lot +GG 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 6.00 Garage Spaces 6.00 Lot Features Level With Street Lot Size Units Square Feet Parking Features CoveredGarageUncovered Parking Total 18.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 6.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.80 Community Features Curbs Country Us Electric Expense 3737.00 Elevation Units Feet Fuel Expense 3737.00 Gardener Expense 600.00 Gross Income 0.00 Gross Multiplier 13.15 Gross Scheduled Income 12258.00 Insurance Expense 3247.00 Land Lease YN No Laundry YN No Maintenance Expense 5500.00 Net Operating Income 73530.00 New Construction YN No New Taxes Expense 32799.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 69153.00 Other Expense 4206.00 Other Expense Description Other Pest Control Expense 500.00 Professional Management Expense 7355.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 69153.00 Trash Expense 3736.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 3736.00 Water Source Public Year Built Source Public Records Zoning Lcr3yy

    Listing provided courtesy of Shane Young of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T19:30:11.507. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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