421 S Eucalyptus Ave - Apartments FOR SALE


Inglewood, CA 90301
$978,000 USD
310-593-9868
421 S Eucalyptus Ave, Inglewood, CA for Sale
$978,000 USD
Apartments - FOR SALE
1/20
null | 3.93% Cap Rate

421 S Eucalyptus Ave
Inglewood, CA 90301


HIGHLIGHTS

  • Outstanding Owner-User Opportunity with Fully Renovated Front House | Two Stand-Alone Houses on Large 8,022-SF Corner Lot
  • Excellent Inglewood Location – Just 1 Mile from SoFi Stadium, Youtube Theatre & The Forum and 1.5 Miles from Intuit Dome
  • Front House is Vacant - Live in a Beautiful Home While Collecting Rent from Other Unit | (Two) 2-Bed/1-Bath Houses - Each with Private Outdoor Space
  • Each Unit Separately Metered for ALL Utilities Including Water & Trash | Recently Painted Front House with Tremendous Curb Appeal
  • Large Lot Presents Opportunity to Add an ADU or Redevelop the Property to 6 Units | Two Private Garages | New Water-Efficient Landscaping
  • Front House Completely Remodeled w/ New Kitchen, New Counters, New Appliances, New Bathroom, New Floors, New Recessed Lights and Washer/Dryer Hook-Ups

OVERVIEW

OPEN HOUSE this Sunday, February 16th from 11:00 AM to 1:00 PM. Welcome Home! TWO Large 2-Bedroom/1-Bathroom Houses on an expansive 8,022-SF corner lot! Live in a BEAUTIFULLY renovated house which has new floors, new cabinets, new counters, new appliances, new open layout kitchen, recessed lighting, upgraded electrical, washer dryer hook-ups, with large front and side yard as well as a private garage. Modern layout and new finishes with plenty of natural light. Collect income from the separate detached 2-bedroom home, and each unit is separately metered for ALL utilities, including water & trash! This property is a MUST SEE! Very low maintenance building in an outstanding part of Inglewood - just a mile from SoFi Stadium, YouTube Theatre, and The Forum, and 1.5 miles from Intuit Dome. The large lot presents the opportunity to add an ADU or redevelop the property to six units. There are two private garages, one of which is being delivered vacant with the front house, presenting an ideal ADU conversion opportunity. Both houses offer private outdoor space great for entertaining, gardening or to simply enjoy the outdoors. The property has tremendous curb appeal and the front house was recently painted and contains new water-efficient landscaping. Go Direct Supra Lockbox on Front Door. Please contact Allen Gholian at (310) 666-3384 for showing instructions and more information. Some photos contain virtual staging. Please do not disturb tenants. Buyer to independently investigate and verify information. Buyer to conduct their own due diligence and investigation.

FOR SALE DETAILS

PRICE

$978,000 USD

PRICE/SF

$572 USD /SF

# OF UNITS

2

PRICE/UNIT

$489,000

CAP RATE

3.93%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

421 S. Eucalyptus Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,022 SF

ZONING

INR3YY

APN/PARCEL ID

4020-012-023

ASK ABOUT THIS PROPERTY

Jonathan NikfarjamShield Commercial Real EstateMore Info
310-593-9868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jonathan NikfarjamShield Commercial Real EstateMore Info
310-593-9868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.