310 S Eucalyptus Ave, Inglewood, CA 90301
310 S Eucalyptus Ave, Inglewood, CA 90301
310 S Eucalyptus Ave, Inglewood, CA 90301
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$2,795,000
Est. payment /mo
15 Beds
15 Baths
8,503 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,503 sqft

Price per Sqft $328

MLS Listing ID 26668793

Bedrooms 15

Year Built 1965

Lot Size 7,557 Sqft

Acres 0.1736

Property Sub-Type Multi-Family

Property Description

We are pleased to present the exclusive offering of 310 S Eucalyptus Ave, a townhome style apartment complex in the heart of Inglewood. This asset presents a rare opportunity to acquire a well-located, high-quality 8-unit apartment building in the heart of Inglewood, just minutes from SoFi Stadium and the Hollywood Park development. Constructed in 1965, the property consists of 8,503 square feet of rentable square feet situated on a 7,557 square foot lot. The asset is highlighted by its unique unit mix, featuring majority large townhome-style units that significantly enhance rental appeal and long-term tenant demand. Townhome-style apartments are rarely built today and command a premium due to their spacious layouts, separation of living spaces, and overall livability. Four of the eight units have already been renovated, providing immediate confirmation of achievable market rents while leaving a clear runway for continued upside through additional interior upgrades. The property offers strong in-place performance with a current 5.42% cap rate and 11.84 GIM, with upside to a 6.70% pro forma cap rate and 10.16 pro forma GIM upon stabilization. The building is individually metered for gas and electricity and benefits from an in-place RUBS (Ratio Utility Billing System), allowing ownership to recapture a portion of utility expenses and further enhance returns. All units feature central heating and air conditioning, a rare amenity in the Inglewood area. Additional highlights include 16 on-site parking spaces, new exterior paint, and an on-site laundry facility. Positioned in one of Southern California's fastest-evolving rental markets, 310 S Eucalyptus Ave offers investors durable cash flow, strong rental demand, and a rare opportunity to own an irreplaceable townhome-style multifamily asset with long-term upside.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR3YY

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Other

Laundry Community, Laundry Area

Exterior

Parking Features Tandem, Carport Attached

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by BRC Advisors- BH

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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