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

Inglewood, CA, 90301
$ 2,395,000
Bedrooms5 Baths5.0 Sq 6,992

Monthly Estimate*

$ 14,942

Listed by Keller Williams Realty
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Multi-Family Home for sale in Inglewood, CA

for $2,395,000 with 5 bedrooms and 5 full baths. This 6,992 square foot home was built in 1926 on a lot size of 0.1722.

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

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1926

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

25617197

Days on Market

39

Features
General
Living Area 6992
Heating Forced Air
Cooling None
Zoning INC2D*
Year Built 1926
Stories Count 2
Levels Two
Gross Income 246336
County Los Angeles
Net Operating Income 167424
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Near Grevillea and Manchester
City Inglewood
Senior Community Y/N 0
Number Of Units Total 12
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 7500
Rent Control Y/N 1
Standard Status Active
Cap Rate 7
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Interior
Total Stories 0
Air Conditioning Y/N 0
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 5
Total Baths 12
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Exterior
Parking Features Driveway
Total Parking 0
Lot Size Area 7500
Number of Buildings 1
Building Area Total 6992
Lot Size Acres 0.1722
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Realty

Broker

Josh@cohengroupla.com

Email

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$14,942
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Monthly Principal & Interest
$14,942
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,395,000 Listed Price

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406 S 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 0.1722. 406 S Grevillea Avenue has 5 bedrooms, 5.0 baths, and was built in 1926. The property's zip code is 90301 which is in Inglewood, CA