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$3,250,000

Beds
Unknown
sq ft
Unknown

110 S Eucalyptus Ave, Inglewood, CA 90301

110 S Eucalyptus Ave

Inglewood, CA 90301

  • 124 days on market
Featuring seven spacious townhome-style units, this apartment building in the heart of Inglewood presents a compelling investment opportunity for those seeking a high-performing asset. Renovated just five years ago, the contemporary upgrades, abundant natural light, and prime location will appeal to the most discerning tenants, increasing your bottom line. Tenants will feel safe and secure with gated entry and secure parking, while the upgraded stylish units provide a welcoming and comfortable living space that they are proud to call "home." The extensive remodel included the installation of new double-paned vinyl windows, central air conditioning in each unit, stainless steel appliances, custom-made cabinets, quartz countertops, and vinyl wood flooring. Each unit is also equipped with a Nest Thermostat and new cable/Cat 5 wiring, and the building features a new commercial water heater. The exterior of the building has been revamped with new paint, farmhouse-weathered cedar siding, an intercom entry system, security cameras, gates, and a new gate motor with an electric eye and RFID cards. This property offers easy access to various transportation hubs, local Inglewood attractions, restaurants, and shopping opportunities. Residents can enjoy events at the nearby Beckman YOLA Center, the iconic Kia Forum, SoFi Stadium, and YouTube Theater. Additionally, the property is only three miles from LAX and five and a half miles from the beach. Investing in this property is a lucrative opportunity for savvy buyers seeking long-term growth and profitability in a thriving neighborhood in the "City of Champions." With a portfolio addition as impressive as this, you can be confident in your investment decision. The seller also has two additional multi-family income properties available in Inglewood: SB24149403 9725 Crenshaw Blvd (a fourplex with 2-bed/1-bath units) and SB24148750 2614 W Manchester Blvd. (a mixed-use property with a storefront and two 1-bed/1-bath residential units). Purchasing these three properties together could offer cost savings or increased investment returns. We invite you to explore these possibilities further and schedule your private tour today.

Details

Property type

Mixed Use

Est. home value

$3,890,424

Property condition

Updated/Remodeled

Lot size

8,012 sq ft

Price per sq ft

Unknown

Year built

1987

HOA

No

Price History

07/22/2024
CRMLS

CRMLS #SB24149409

Listed
$3,250,000
+12.26%
03/26/2019
CLAW

CLAW #18370326

Sold
$2,895,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Suburban, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Foundation Bank

Loan start date

March 2019

Original loan amount

$1,830,000

Est. remaining balance

Not provided

Interest rate

3.9%

Loan type

Building or Construction Loan, 30 year

Seller

Vam Beach Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 6:50 PM

Listing updated: 11/17/2024 at 6:45 AM

Listed by: Maeve Becker, Keller Williams South Bay Phone #: (310) 375-3511

MLS: CRMLS #SB24149409

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