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701 S Grevillea AVE Inglewood, CA 90301
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Key Details
Sold Price $1,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24128681
Sold Date 11/22/24
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1963
Lot Size 9,591 Sqft
Lot Dimensions Public Records
Property Description
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.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INR3YY
Interior
Interior Features Storage
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Water Heater
Laundry Common Area, Inside, Laundry Room
Exterior
Parking Features Assigned, Concrete, Carport, Electric Gate, Gated, Oversized, Side By Side
Carport Spaces 11
Fence Block, Good Condition
Pool None
Community Features Curbs, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility Parking, Accessible Doors
Total Parking Spaces 11
Private Pool No
Building
Lot Description Front Yard, Lawn, Landscaped, Level, Rectangular Lot, Street Level
Faces East
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 4022028002
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Michael Padilla • Lyon Stahl Investment Real Estate, Inc.