406 S Grevillea Avenue, Inglewood, CA 90301
Local realty services provided by:ERA Excel Realty
406 S Grevillea Avenue,Inglewood, CA 90301
$2,395,000
- 5 Beds
- 12 Baths
- 6,992 sq. ft.
- Multi-family
- Active
Listed by: joshua cohen
Office: keller williams realty
MLS#:25617197
Source:CRMLS
Price summary
- Price:$2,395,000
- Price per sq. ft.:$342.53
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 desirable mix of One-Bedroom and Studio units (One beds converted from large Studios), 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%, this is one of the most attractive returns currently available in the Inglewood market. The GRM stands at a compelling 9.72, and the price per unit, just $199,583, is a rare value in a city where multifamily pricing continues to climb. Add to that a projected rental upside of approximately 15%, and you have a cash-flowing asset with built-in growth potential. 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.
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Home facts
- Year built:1926
- Listing ID #:25617197
- Added:7 day(s) ago
- Updated:November 15, 2025 at 03:47 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:12
- Living area:6,992 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1926
- Building area:6,992 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,395,000
- Price per sq. ft.:$342.53
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