406 S Grevillea Avenue, Inglewood, CA 90301

• 6,992 sqft

Property Description

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 transform

Listing Status:

Active

Date Added:

November 10, 2025 at 06:00AM

Listing Office:

Keller Williams Realty : 310-375-3511

Listing Agent:

Joshua Cohen : 310-480-2130

MLS ID:

CL25617197

Interior

• A/C: None
• Heating: Forced Air

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: INC24021018015

This listing courtesy of Joshua Cohen, Keller Williams Realty