10822 South Grevillea Avenue, Unit 1

Inglewood, CA 90304

$2,350,000
Price
9
Beds
12
Baths
5,905 Sq. Ft.
$398 / Sq. Ft.
5,905
Sq. Ft.
$398
per Sq. Ft.

Description

This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate....This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.
  1. Listed by Antonio Gonzalez • DRE #00913905 • Brokerage DRE #01948605 • West Shores Realty, Inc. • 310-930-2730

Property Details for 10822 South Grevillea Avenue, Unit 1

Parking Spaces Total
12
Private Pool
No
Total Units
9.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5905
Assessor Parcel Number
4037-013-011
Property Attached YN
true
LISTING UPDATED: 11/04/2024 10:54 PM

Property Details for 10822 South Grevillea Avenue, Unit 1

StatusActive
MLS #SB24166103
Days on Market131
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1964
CountyLos Angeles County

Building Information for 10822 South Grevillea Avenue, Unit 1

Building/Complex10822 S Grevillea AveFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-

Property Information for 10822 South Grevillea Avenue, Unit 1

Income / Expense / Tax Details
Income Details
  • Gross Income: $177,396
  • Gross Scheduled Income: $170,196
  • Vacancy Allowance: 5106
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $165,090
  • Net Operating Income: $117,467
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $7,200
  • Gross Multiplier: 13.2
  • Cap Rate: 5.0
Expense Details
  • Operating Expense: $47,263
  • New Taxes Expense: $29,375
  • Gardener Expense: $1,440
  • Fuel Expense: $0
  • Electric Expense: $3,030
  • Insurance Expense: $6,000
  • Maintenance Expense: $1,196
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $6,222
  • Total Expenses: $47,263
Tax / Assessment Info
  • Tax Tract Number: 287
  • Tax Census Tract: 6017.00
  • Tax Lot: 32
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Carport, Individual Room, Washer Hookup
  • Laundry Equipment Own Lease: Own
  • Heating Type: Radiant
  • Heating: Radiant
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 12
  • Parking Features: Assigned, Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,124
  • Unit Type Total Rent: $1,124
  • Unit Type Pro Forma: 1175
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1175
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,467
  • Unit Type Total Rent: $1,467
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,467
  • Unit Type Total Rent: $1,467
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,810
  • Unit Type Total Rent: $1,810
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,540
  • Unit Type Total Rent: $1,540
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,175
  • Unit Type Total Rent: $1,175
  • Unit Type Pro Forma: 1175
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 9
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 10822 South Grevillea Avenue, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10822 South Grevillea Avenue, Unit 1

Taxable ValueLand$1,101,579Additions$301,538Total$1,403,117
Tax Record2024$26,157 ($2,180 / month)
Home Facts
Total Finished SqFt5,905 SqFtAbove Grade Finished SqFt5,905 SqFtLot Size9,093 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLCR3YYCountyLOS ANGELESAPN4037-013-011

Schools near 10822 South Grevillea Avenue, Unit 1

This home is within Lennox School District.
Rating
School
Type
Grades
Distance
Jefferson Elementary School
Public - K to 5
Lennox Middle School
Public - 6 to 8
Lawndale High School
Public - 9 to 12
Hawthorne High School
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Lennox Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Hawthorne High School
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Lennox

Neighborhoods

Cities

ZIPs

More information about 10822 South Grevillea Avenue, Unit 1, Inglewood, CA 90304

10822 South Grevillea Avenue, Unit 1 is a multi-family home for sale in Inglewood, CA 90304. This property was listed for sale on August 11, 2024 by West Shores Realty, Inc., it's currently listed at $2,350,000. It has been on the market for a total of 131 days and was last sold on July 30, 2004. This listing's school districts are Lennox School District, Centinela Valley Union High School District. Nearby schools include Jefferson Elementary School, Lennox Middle School and Lawndale High School. 10822 South Grevillea Avenue, Unit 1 is a 9-bed, 12-bath, 5,905 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of West Shores Realty, Inc., Antonio Gonzalez, DRE #00913905

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.