406 S Grevillea Ave, Inglewood, CA 90301
406 S Grevillea Ave, Inglewood, CA 90301
406 S Grevillea Ave, Inglewood, CA 90301
26
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$2,250,000
Est. payment /mo
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12 Baths
6,992 SqFt
Price Dropped by $145K

406 S Grevillea Ave Inglewood, CA 90301

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Jasmin Conner

Jasmin Conner

+1(310) 628-4801

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,992 sqft

Price per Sqft $321

MLS Listing ID 25617197

Year Built 1926

Lot Size 7,500 Sqft

Acres 0.1715

Property Sub-Type Multi-Family

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 unit mix of all Studio units, 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 7.52%, this is one of the most attractive returns currently available in the Inglewood market. The GRM stands at a compelling 9.13, and the price per unit, just $187,500, is a rare value in a city where multifamily pricing continues to climb. 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 North Inglewood

Zoning INC2D*

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling None

Equipment None

Exterior

Parking Features Driveway

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Realty

NEARBY SCHOOL & BUSINESS

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Jasmin Conner

Jasmin Conner

Agent | License ID: 02189536

+1(310) 628-4801

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406 S Grevillea Ave