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    820 S Grevillea Avenue

    Inglewood, CA 90301
    • $825,000
    • STATUS: Pending
    • ON SITE: 42 days
    • ID#: OC21013594
    Pending
    UPDATED: 46 min ago
    $825,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,779
      SQFT
    • $464
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    820 S. Grevillea Ave is a 3-unit multi-family home located in the Arbor Vitae mixed-use neighborhood of Inglewood. Each unit is well maintained and comes with its own garage. The largest unit (front) features 1 bed/1 bath plus a den. The second unit above the garages is 1 bed/1 bath. The third unit is a bachelor that includes a separate dining room and 1 bath. Very desirable neighborhood approximately 1 mile away from the SoFi Stadium, Hollywood Park developments, the Forum, and the future Inglewood Basketball and Entertainment Center where the Los Angeles Clippers will be playing. LAX airport is located less than 3 miles away. Close proximity to shopping, schools, parks, and other necessary services. Conveniently close to the 405 and 105 Freeways. Cap rate is approximately 4.3%. The bachelor unit can be delivered vacant. 820 S. Grevillea has substantial appreciation potential! Residential 30-year fixed financing available! Don't let this excellent investment opportunity get away!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-05T00:28:26.18. 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 Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/113487630
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    820 S Grevillea Avenue Inglewood, CA 90301

    • Price: $825,000
    • Status: Pending
    • Updated: 46 min ago
    • ID#: OC21013594
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,779
    SQFT
    $464
    $/SQFT
    1922
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    820 S. Grevillea Ave is a 3-unit multi-family home located in the Arbor Vitae mixed-use neighborhood of Inglewood. Each unit is well maintained and comes with its own garage. The largest unit (front) features 1 bed/1 bath plus a den. The second unit above the garages is 1 bed/1 bath. The third unit is a bachelor that includes a separate dining room and 1 bath. Very desirable neighborhood approximately 1 mile away from the SoFi Stadium, Hollywood Park developments, the Forum, and the future Inglewood Basketball and Entertainment Center where the Los Angeles Clippers will be playing. LAX airport is located less than 3 miles away. Close proximity to shopping, schools, parks, and other necessary services. Conveniently close to the 405 and 105 Freeways. Cap rate is approximately 4.3%. The bachelor unit can be delivered vacant. 820 S. Grevillea has substantial appreciation potential! Residential 30-year fixed financing available! Don't let this excellent investment opportunity get away!
    Exterior Features

    Construction Materials Stucco Fence YN Yes Fencing Chain Link Foundation Details Raised Garage Spaces 3.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Three Door Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Alley PavedPaved Spa Features None Spa YN No Uncovered Spaces 1.00 View None View YN No

    Interior Features

    Average Studio Area 438 Average Studio Area Units Square Feet Average1 Bed Area 671 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Floor FurnaceWall Furnace Heating YN Yes Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.30 Community Features Sidewalks Country Us Current Financing Conventional Elevation Units Feet Gardener Expense 720.00 Gross Income 51600.00 Gross Multiplier 15.99 Gross Operating Income 50052.00 Gross Scheduled Income 51600.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN No Net Operating Income 35454.00 New Construction YN No New Taxes Expense 10478.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Range 1 Number With Refrigerator 1 Operating Expense 14598.00 Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 2500.00 Total Expenses 14598.00 Trash Expense 600.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 1548 Vacancy Allowance Rate 3.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Public Records Zoning Inc2yy

    Listing provided courtesy of Lizandro Lopez of Realty One Group West


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-05T00:28:26.18. 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 Steele Canyon Realty. Licensed in the State of California, USA.

     
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    Steele Canyon Realty
    5923 Severin Drive
    La Mesa CA, 91942