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.
Property Details
Property Features
Property Information:
Year Built: 1910
Stories: 0
Living Area: 2,678 SqFt
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Davis Saadian
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 11
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Other
Directions Information:
Directions: 112 S. Eucalyptus Avenue | Inglewood, CA 90301
Price Information
Listing Price Info
Price Summary:
List Price: $1,895,000
Price Per SqFt: $708/SqFt
Tax Information:
Annual Amount: $7,878
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Inglewood, CA.
This property is $1.1M more than the Median Sold Price and $198/SqFt more than other homes in Inglewood, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24470935
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Davis Saadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 07, 2012
Mar 07, 2012Home Sold
$400,000
Jun 14, 2005
Jun 14, 2005Home Sold
$650,000
May 07, 2004
May 07, 2004Home Sold
$495,000
Apr 11, 2003
Apr 11, 2003Home Sold
$430,000
Nov 13, 1998
Nov 13, 1998Home Sold
$290,000
Nov 06, 1998
Nov 06, 1998Home Sold
$155,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,878
$464,153
2020
$7,465
$459,395
2019
$7,344
$450,388
2018
$7,103
$441,558
2017
$7,103
$432,901
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
W. Claude Hundall Elementary School
331 W Olive St
Distance between this listing and this school0.10 miles
Public District Grades KG-6
6
/10
Icef Inglewood Elementary Charter Academy
434 S Grevillea Ave
Distance between this listing and this school0.38 miles
Public Charter Grades KG-5
4
/10
Oak Street Elementary School
633 S Oak St
Distance between this listing and this school0.63 miles
Public District Grades KG-6
Nearby Schools
3
/10
Crozier Elementary School
1210 W Regent St
Distance between this listing and this school0.20 miles
Public District Grades 7-8
6
/10
Century Community Charter
901 Maple St
Distance between this listing and this school0.75 miles
Public Charter Grades 6-8
8
/10
Wilder's Preparatory Academy Charter Middle School
830 N La Brea Ave
Distance between this listing and this school0.84 miles
Public Charter Grades 6-8
Nearby Schools
7
/10
City Honors International Preparatory High School
120 W Regent St
Distance between this listing and this school0.20 miles
Public Charter Grades 9-12
2
/10
Inglewood High School
231 S Grevillea Ave
Distance between this listing and this school0.23 miles
Public District Grades 9-12
2
/10
Inglewood Continuation High School
441 W Hillcrest Blvd
Distance between this listing and this school0.45 miles
The neighbors living near this home have an average income of $50,919. The majority of Inglewood, CA residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 112 S Eucalyptus Ave
What is the listing price of this property?
The listing price of 112 S Eucalyptus Ave property is $1,895,000.
What type of property is this?
The property 112 S Eucalyptus Ave is a house located in Inglewood, California, 90301.
Is this property for sale now?
Active Listing: 112 S Eucalyptus Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $7,878 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 7, 2012 for $400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 112 S Eucalyptus Ave has 11 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 112 S Eucalyptus Ave is 2,678 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 112 S Eucalyptus Ave is 1910.
This home is located at 112 S Eucalyptus Ave in Inglewood, CA and zip code 90301 in the South Bay neighborhood. This 2,678 square foot home, which was built in 1910, sits on a 0.18 acre lot. Features: 11 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $1,895,000.
In November 2024 more than 13 listings in Inglewood, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 18 were sold below. The number of homes for sale in Inglewood, CA decreased by 3.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $745,000, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.