Est. cap rate

2.4%

Assumed rent, all units

$5,310/mo

Units

3

Price per unit

$449,667

Est. annual NOI

$31,860

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,534 sqft

Lot size

9,011 sqft

Year built

1948

Stories

1

Garage spaces

2

Style

Bungalow

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249341543

About this property

First time on market in 49 years. Exceptional income producing property in highly opportune Inglewood location, just minutes from SoFi Stadium, Intuit Dome, Hollywood Park Casino, premier shopping and dinning. The property features a front unit main house which consists of 3 bedrooms and 2 baths. The back unit totally detached features (1) 2 bedroom, 1 bath and (1) 1 bedroom, 1 bath. The back units went through an extensive remodel 2 years ago and feature new roof, HVAC, tankless water heaters. Whether you're an investor looking to expand your rental portfolio or an owner seeking additional income opportunities, this property presents an exciting opportunity in an established Inglewood neighborhood. The generous lot size provides valuable space and flexibility, while the three-unit configuration offers multiple possibilities for rental income, extended living arrangements, or long-term investment. With its substantial lot size and multifamily layout, this property is an opportunity worth exploring. Don't miss the chance to own a multifamily property with tremendous potential in the heart of Inglewood!

Location

10616 S Grevillea Ave

Inglewood, Los Angeles, CA, 90304