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$1,500,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 701 S Grevillea Ave

General

  • Sold For: $1,500,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC24128681
  • Added to Site: 718 day(s) ago

Interior

  • Rooms/Areas: Entry, Family Room, Kitchen
  • Interior Features: Storage
  • Appliances: Dishwasher, Electric Oven, Electric Range, Water Heater Central
  • Flooring: Carpet, Vinyl

Rooms

Other Rooms

  • Laundry: Common Area, Community, Individual Room, Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Assigned, Automatic Driveway Gate, Carport, Concrete, Gated, Oversized, Side-by-Side
  • Parking: Assigned, Automatic Driveway Gate, Carport, Concrete, Gated, Oversized, Side-by-Side

Location

  • Area: 102 - South Inglewood
  • County: Los Angeles
  • Development Name: 102 - South Inglewood
  • Driving Directions: Exit W Century Blvd. & Head East to S Grevillea, turn left & head North for 4 1/2 Blocks -Subject on the left.
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 7

Structural Information

  • Architectural Style: Bungalow
  • Foundation: Slab
  • Roof: Composition
  • Windows: Double-Pane Windows
  • Entry Location: Gate
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 8,102
  • Year Built: 1963

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.2202
  • Lot Size Source: Assessor
  • Lot Dimensions: 50' x 191'
  • Zoning: INR3YY
  • Lot Description: Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level

Financial Considerations

  • Price Per Sq. Ft.: $185.14
  • Price Per Unit: 235714

Listed by First Team Real Estate, Giovanni Mejia
Sold by Lyon Stahl Investment Real Estate, Inc., Michael Padilla

Listing agent

— 701 S Grevillea Ave —

  • Giovanni Mejia

    First Team Real Estate

949-292-9764

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 S Grevillea Ave

School District:Inglewood Unified School District
NameGradesDistance
Hudnall (Claude) Elementary School
331 West Olive Street, Inglewood, CA 90301
K-60.5 mi
Crozier (George W.) Middle School
1210 West Regent Street, Inglewood, CA 90301
7-81 mi
Morningside High School
10500 Yukon Avenue South, Inglewood, CA 90303
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 S Grevillea Ave

Date
Details
Price
Change
Source
11/22/2024
Sold
$1,500,000
-9.09%
MLS
8/21/2024
Price Reduced
$1,650,000
-5.71%
MLS
6/24/2024
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by First Team Real Estate, Giovanni Mejia
Sold by Lyon Stahl Investment Real Estate, Inc., Michael Padilla

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701 S Grevillea Avenue, Inglewood, CA 90301 (MLS# OC24128681) is a Multi-Family property that was sold at $1,500,000 on November 22, 2024. Want to learn more about 701 S Grevillea Avenue? Do you have questions about finding other Multi-Family real estate for sale in Inglewood? You can browse all Inglewood real estate or contact a Coldwell Banker agent to request more information.