112 South Eucalyptus Avenue
$1,895,000
11
10
2,678
2,678
$708
Description
We are pleased to offer the opportunity to acquire this ten (10) unit multifamily investment opportunity located in the heart of Inglewood. This investment was constructed of wood frame and stucco on a raised foundation built in 1910 with a square footage of 2,678 on a 8,005-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eight (8) studio units, one (1) 2+1 single family...We are pleased to offer the opportunity to acquire this ten (10) unit multifamily investment opportunity located in the heart of Inglewood. This investment was constructed of wood frame and stucco on a raised foundation built in 1910 with a square footage of 2,678 on a 8,005-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eight (8) studio units, one (1) 2+1 single family residence, and one (1) 1+1 unit. The investment is 100% occupied with a gross income of $15,147/month. There's approximately 25% potential upside in rents, which an investor can achieve closer to about $19,500/month. The investment is currently priced at a 7.25% Cap Rate & 10x GRM. Excellent cash-flow opportunity.
- Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01854200 • KW Advisors
Property Details for 112 South Eucalyptus Avenue
Zoning
INR4*
Parcel Number4020018023
Total Units10.0
Living Area2678
Source Living AreaVendor Enhanced
AreaNorth Inglewood (101)
Vacancy Rate0
Lot Size Area8007
LISTING UPDATED: 12/18/2024 12:01 AM
Property Details for 112 South Eucalyptus Avenue
Status | Active |
---|---|
MLS # | 24-470935 |
Days on Market | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1910 |
Lot Size | 0.18 AC / 8,007 SF |
County | Los Angeles County |
Building Information for 112 South Eucalyptus Avenue
Stories-Residences-Year Built1910Building Size-Lot Size0.18 AC / 8,007 SF
Property Information for 112 South Eucalyptus Avenue
Property History for 112 South Eucalyptus Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 112 South Eucalyptus Avenue
Taxable ValueLand$394,052Additions$98,508Total$492,560
Tax Record2024$7,868 ($656 / month)
Home Facts
Total Finished SqFt2,678 SqFtAbove Grade Finished SqFt2,678 SqFtLot Size8,005 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningINR4*CountyLOS ANGELESAPN4020-018-023
Schools near 112 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 | ||
City Honors College Preparatory Charter School Charter9 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.
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