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For SaleLuxury

$2,375,000

8,503 sqft$279/sqft27 days on market

310 S Eucalyptus Avenue

Inglewood, CA 90301

· 8% down, 7% APR, 30yr fixed

15

Beds

15

Baths

8,503

Square feet

1965

Built

Listing narrative

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 6.34% cap rate and 10.12 GIM, with upside to a 7.55% pro forma cap rate and 8.95 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.

Listing agent (MLS): John Katnik · Listing brokerage (MLS): BRC Advisors- BH

Property Details

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Price

$2,375,000

Beds

15 bd

Type

House

Home Size

8,503 sqft

Baths

15

Lot Size

0.17 acres

Year

1965

Status

For Sale

Days on Market

27

$ / Sqft

$279

· 8% down, 7% APR, 30yr fixed
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Courtesy of BRC Advisors- BH