Inglewood, CA 90301,406 S Grevillea AVE
Inglewood, CA 90301,406 S Grevillea AVE
Inglewood, CA 90301,406 S Grevillea AVE
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Leon Borunda

Leon Borunda

+1(559) 779-6540
$2,395,000
Est. payment /mo
5 Beds
12 Baths
6,992 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,992 sqft

Price per Sqft $342

MLS Listing ID 25617197

Bedrooms 5

HOA Y/N No

Year Built 1926

Lot Size 7,501 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 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.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INC2D*

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4021018015

Special Listing Condition Standard

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CRMLS – RECore
Listed by Joshua Cohen Keller Williams Realty

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Wilder's Preparatory Academy Charter

    Public | KG - 5

  • 8

    El Rincon

    Public | KG - 5

  • 8

    Open Charter Magnet

    Public | KG - 5

  • 7

    Juan de Anza Elementary School

    Public | KG - 5

  • 7

    Huerta Elementary

    Public | PK - 5

  • 6

    Stella Middle Charter Academy

    Public | 5 - 8

  • 6

    Felton Elementary

    Public | PK - 5

  • 6

    Buford Elementary

    Public | KG - 5

  • 6

    Washington

    Public | KG - 5

  • 6

    Moffett Elementary

    Public | PK - 5

  • 6

    York

    Public | KG - 5

  • 5

    Westport Heights Elementary School

    Public | KG - 5

  • 5

    La Tijera K-8 Academy of Excellence

    Public | KG - 8

  • 5

    Jefferson Elementary

    Public | KG - 5

  • 5

    Bennett - Kew Elementary School

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 4

    W. Claude Hundall Elementary School

    Public | KG - 6

  • 4

    Eucalyptus

    Public | KG - 5

  • 4

    Windsor Hills Elementary

    Public | KG - KG

Middle Schools 18
  • 8

    Wilder's Preparatory Academy Charter Middle School

    Public | 6 - 8

  • 6

    Hawthorne Middle School

    Public | 6 - 8

  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Century Community Charter

    Public | 6 - 8

  • 4

    Lennox Middle School

    Public | 6 - 8

  • 2

    Westchester Secondary Charter

    Public | 6 - 12

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 1

    Crozier Elementary School

    Public | 7 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 0

    Hawthorne Academy

    Private | 7 - 12

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

High Schools 18
  • 10

    Hawthorne Math and Science Academy

    Public | 9 - 12

  • 9

    Lennox Mathematics, Science and Technology Academy

    Public | 9 - 12

  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Bright Star Secondary Charter Academy

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 7

    Da Vinci Design

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 2

    Hawthorne High School

    Public | 9 - 12

  • 1

    Inglewood High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 0

    St Mary's Academy

    Private | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

  • 0

    Inglewood Continuation High School

    Public | 9 - 12

  • 0

    Whitney Young Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

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Leon Borunda

Leon Borunda

+1(559) 779-6540

Realtor | License ID: 01818465

Realtor License ID: 01818465

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