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406 S Grevillea Ave, Inglewood, CA, 90301

--beds
12baths
6,992sqft
$2,250,000
$322price/sqft
$14,419/moest. monthly cost
$576,760/yrincome needed

About This Home

We are thrilled to present an exceptional investment opportunity at 406 South Grevillea Avenue, a 12-unit multifamily property located in the heart of North Inglewood. This asset is perfectly positioned at the crossroads of one of Southern California's most dynamic urban transformations, just moments from SoFi Stadium, The Forum, Intuit Dome, and the rapidly evolving Downtown Inglewood. The property features a unit mix of all Studio units, each individually metered for gas and electricity - an operational advantage that keeps expenses low and margins high. What truly sets this offering apart is its financial performance. With a cap rate of 7.52%, this is one of the most attractive returns currently available in the Inglewood market. The GRM stands at a compelling 9.13, and the price per unit, just $187,500, is a rare value in a city where multifamily pricing continues to climb. Inglewood itself is undergoing a renaissance, fueled by billions in infrastructure, entertainment, and commercial development. From the Crenshaw/LAX Metro Line to new retail corridors and world-class venues, the city is transforming into a premier destination for residents and investors alike. 406 South Grevillea Avenue offers not just a foothold in this thriving market, but a front-row seat to its future. For today's discerning investor, this is more than a property it's a strategic move into one of Los Angeles' most promising growth stories.

Getting Around

93
WalkingWalker's Paradise
55
TransitGood Transit
61
BikeBikeable

Schools

3/10
Inglewood High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bathrooms: 12

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 6,992
  • Total interior livable area: 6,992 sqft

Property

Details

  • Zoning: INC2D*
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,470 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes