110 South Eucalyptus Avenue

Inglewood, CA 90301

$3,250,000
Price
2
Beds
14
Baths
7,280 Sq. Ft.
$446 / Sq. Ft.
7,280
Sq. Ft.
$446
per Sq. Ft.

Description

Featuring seven spacious townhome-style units, this apartment building in the heart of Inglewood presents a compelling investment opportunity for those seeking a high-performing asset. Renovated just five years ago, the contemporary upgrades, abundant natural light, and prime location will appeal to the most discerning tenants, increasing your bottom line. Tenants will feel safe and secure with gated entry and secure parking, while the upgraded stylish units provide a welcoming and comfortable living...Featuring seven spacious townhome-style units, this apartment building in the heart of Inglewood presents a compelling investment opportunity for those seeking a high-performing asset. Renovated just five years ago, the contemporary upgrades, abundant natural light, and prime location will appeal to the most discerning tenants, increasing your bottom line. Tenants will feel safe and secure with gated entry and secure parking, while the upgraded stylish units provide a welcoming and comfortable living space that they are proud to call "home." The extensive remodel included the installation of new double-paned vinyl windows, central air conditioning in each unit, stainless steel appliances, custom-made cabinets, quartz countertops, and vinyl wood flooring. Each unit is also equipped with a Nest Thermostat and new cable/Cat 5 wiring, and the building features a new commercial water heater. The exterior of the building has been revamped with new paint, farmhouse-weathered cedar siding, an intercom entry system, security cameras, gates, and a new gate motor with an electric eye and RFID cards. This property offers easy access to various transportation hubs, local Inglewood attractions, restaurants, and shopping opportunities. Residents can enjoy events at the nearby Beckman YOLA Center, the iconic Kia Forum, SoFi Stadium, and YouTube Theater. Additionally, the property is only three miles from LAX and five and a half miles from the beach. Investing in this property is a lucrative opportunity for savvy buyers seeking long-term growth and profitability in a thriving neighborhood in the "City of Champions." With a portfolio addition as impressive as this, you can be confident in your investment decision. The seller also has two additional multi-family income properties available in Inglewood: SB24149403 9725 Crenshaw Blvd (a fourplex with 2-bed/1-bath units) and SB24148750 2614 W Manchester Blvd. (a mixed-use property with a storefront and two 1-bed/1-bath residential units). Purchasing these three properties together could offer cost savings or increased investment returns. We invite you to explore these possibilities further and schedule your private tour today.
  1. Listed by Maeve Becker • DRE #01963513 • Brokerage DRE #01854035 • Keller Williams South Bay • 310-902-0109
  2. Listed by Cheyenne Nugent • DRE #02148976 • Brokerage DRE #01854035 • Keller Williams South Bay

Property Details for 110 South Eucalyptus Avenue

View
Neighborhood
Parking Spaces Total
13
Private Pool
No
Cooling Type
Central
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7280
LISTING UPDATED: 11/16/2024 10:43 PM

Property Details for 110 South Eucalyptus Avenue

StatusActive
MLS #SB24149409
Days on Market121
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1987
Lot Size0.18 AC / 8,012 SF
CountyLos Angeles County

Building Information for 110 South Eucalyptus Avenue

Stories2Residences-Year Built1987Building Size-Lot Size0.18 AC / 8,012 SF

Property Information for 110 South Eucalyptus Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance
Income / Expense / Tax Details
Income Details
  • Gross Income: $229,425
  • Gross Scheduled Income: $241,500
  • Vacancy Allowance: 12075
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $288,120
  • Net Operating Income: $195,011
  • Other Income Description: For Expenses see Remarks
  • Gross Multiplier: 13.54
  • Cap Rate: 4.56
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $34,414
  • Operating Expense Percent: 35.00%
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Other Expense Description: Remanks
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $34,414
Tax / Assessment Info
  • Tax Block: 218
  • Tax Tract Number: 025
  • Tax Census Tract: 6012.11
  • Tax Lot: A
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, Freezer, Laundry Area, Microwave, Refrigerator, Room, Washer, Washer Included, Water Line to Refrigerator
  • Interior Features: Balcony, Intercom, Open Floorplan, Partially Furnished, Phone System, Quartz Counters, Recessed Lighting, Storage, Wired for Data
  • Room Type: All Bedrooms Up, Galley Kitchen, Living Room
  • Bedroom Features: All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central, Forced Air
  • Heating: Central, Forced Air
  • Flooring: Stone, Tile, Vinyl
Exterior Features
  • Window Features: Double Pane Windows, Drapes, Screens
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Security Lights, Smoke Detector(s)
  • Exterior Features: Lighting
  • Entry Location: Ground Floor with Stairs
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Good Condition, Security, Wrought Iron
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Green Info
  • Walk Score: 87
  • Green Energy Efficient: Appliances, HVAC, Lighting, Water Heater, Windows
Land/Lot Info
  • Lot Features: Near Public Transit
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Auto Driveway Gate, Built-In Storage, Carport, Controlled Entrance, Driveway, Private
  • Parking Garage Spaces: 0
  • Carport Spaces: 13
  • Parking Features: Assigned, Auto Driveway Gate, Built-In Storage, Carport, Controlled Entrance, Covered, Driveway, Concrete, Private
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $34,500
  • Unit Type Total Rent: $2,875
  • Unit Type Pro Forma: 2875
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Number With Carpet: 0
  • Number With Disposal: 7
  • Number With Drapes: 7
  • Number With Patio: 1
  • Number Wall AC: 7

Property History for 110 South Eucalyptus Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 110 South Eucalyptus Avenue

Taxable ValueLand$2,515,385Additions$650,718Total$3,166,103
Tax Record2024$41,257 ($3,438 / month)
Home Facts
Total Finished SqFt7,280 SqFtAbove Grade Finished SqFt7,280 SqFtLot Size8,012 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningINR4*CountyLOS ANGELESAPN4020-018-025

Schools near 110 South Eucalyptus Avenue

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Hudnall (Claude) Elementary School
PublicK to 6

Crozier (George W.) Middle School
Public7 to 8

Inglewood 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

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110 South Eucalyptus Avenue is a mixed use property for sale in Inglewood, CA 90301. This property was listed for sale on July 22, 2024 by Keller Williams South Bay, it's currently listed at $3,250,000. It has been on the market for a total of 121 days and was last sold on March 26, 2019. This listing's school district is Inglewood Unified School District. Nearby schools include Hudnall (Claude) Elementary School, Crozier (George W.) Middle School and Inglewood High School. 110 South Eucalyptus Avenue is a 2-bed, 14-bath, 7,280 sqft mixed use property built in 1987.

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 Keller Williams South Bay, Maeve Becker, DRE #01963513; Keller Williams South Bay, Cheyenne Nugent, DRE #02148976

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.