406 South Grevillea Avenue Inglewood, CA $ 2,395,000
406 South Grevillea Avenue
$ 2,395,000
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406 South Grevillea Avenue

Inglewood, CA, 90301
$ 2,395,000
Baths0.0 Sq 6,992

Monthly Estimate*

$ 14,942

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Studio

Multi-Family Home for sale in Inglewood, CA

for $2,395,000. This 6,992 square foot home was built in 1926 on a lot size of 0.17.

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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Multi-Family Active

Price

$ 2,395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1926

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

0025617197

Features
General
Living Area 6992.0
Heating Forced Air
Zoning INC2D*
Year Built 1926
Levels Two
County Los Angeles
Net Operating Income 167424.0
New Construction No
Property Type C
HOA No
Status Active
City Inglewood
Senior Community Y/N No
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 7500.0
Standard Status Active
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Exterior
Parking Features Driveway
Lot Size Area 7500.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 6992.0
Lot Size Acres 0.17
Land Lease Type Fee
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Interior
Total Stories 0
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Joshua Cohen

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$14,942
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,942
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$2,395,000 Listed Price

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406 South Grevillea Avenue, Inglewood, CA, 90301 is a Multi-Family Home for sale at $2,395,000 with 6,992 sqft and a lot size of 0.17. 406 South Grevillea Avenue is a studio with 0.0 baths and was built in 1926. The property's zip code is 90301 which is in Inglewood, CA