701 S Grevillea Avenue
Inglewood, CA 90301
- – beds
- – baths
- – sqft
- 9,592 sqft lot
- 1963 build
- – on site
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A Fantastic Investment Opportunity to own a 2 story, 7 unit apartment complex with a great unit mix consisting of (1) 3 bedrooms-3 baths, (2) 2 bedrooms-2 baths, and (4) 1 bedroom-1 bath units. This apartment building is centrally located near the LAX airport, Sofi Stadium, West Los Angeles, the South Bay and local beaches. The building is well laid out and also features 11 carport parking spaces that are larger than normal. The complex also generates additional income from an onsite laundry room and rented parking spaces. This property offers a huge upside in rents. Property is being sold “as is” and with no warranties or guarantees. Please do not disturb tenants. Property will only be shown with an accepted offer.
Listed By CRMLS_CA / Giovanni Mejia / First Team Real Estate / 949-292-9764
Last checked:
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Last updated Nov 22, 2024
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MLS# OC24128681 —
The Building
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Year Built:1963
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Year Built Source:Public Records
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New Construction:No
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Construction Materials:Block, Drywall Walls, Stone, Stucco, Wood Siding
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Building Area Total:8102.00
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Building Area Units:Square Feet
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Total Number Of Units:7
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# of Buildings:1
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Architectural Style:Bungalow
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Roof:Composition
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Foundation:Slab
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Stories Total:2
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Entry Level:1
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Number With Patio:6
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Accessibility Features:32 Inch Or More Wide Doors, Parking
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Common Walls:2+ Common Walls
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Faces:East
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:7
Interior
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Features:Storage
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Levels:Two
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Entry Location:Gate
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Window Features:Double Pane Windows
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Flooring:Carpet, Vinyl
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Room Type:Entry, Family Room, Kitchen
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Laundry:Common Area, Community, Individual Room, Inside
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:Exit W Century Blvd. & Head East to S Grevillea, turn left & head North for 4 1/2 Blocks -Subject on the left.
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Latitude:33.95518900
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Longitude:-118.35529800
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Property Condition:Repairs Cosmetic
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Zoning:INR3YY
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Lot Features:Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level
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Lot Size Area:9592.0000
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Lot Size Dimensions:50' x 191'
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Lot Size Acres:0.2202
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Lot Size SqFt:9592.00
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Lot Size Source:Assessor
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Lot Dimensions Source:Public Records
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View:None
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Fencing:Block, Good Condition
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Fence:Yes
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Road Frontage:City Street
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Road Surface Type:Alley Paved, Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:A
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Tax Census Tract:6012.12
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Tax Tract:1
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Tax Lot:11
The Listing
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Special Listing Conditions:Standard, Trust
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Parcel Number:4022028002
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Electricity - On Property
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Water Source:Public
Appliances
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Appliances:Dishwasher, Electric Oven, Electric Range, Water Heater Central
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Included:Yes
The Community
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Features:Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Buyer to Verify
Parking
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Parking:Yes
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Parking:Assigned, Auto Driveway Gate, Carport, Concrete, Gated, Oversized, Side by Side
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Parking Spaces:11.00
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Carport Spaces:11.00
Extra Units
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Number With Carpet:7
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Number With Dishwasher:7
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/22/24
Nov 22, 2024
|
Sold | CRMLS_CA | $1,500,000 | -9.1% |
9/30/24
Sep 30, 2024
|
Pending | CRMLS_CA | $1,650,000 | |
8/21/24
Aug 21, 2024
|
Price Changed | CRMLS_CA | $1,650,000 | -5.7% |