For Sale Multi-Family MLS# 26101763

310 S Eucalyptus Avenue

Inglewood, CA 90301

$2,375,000

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About 310 S Eucalyptus Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1965
Stories
2
Living area
8,503 sqft
Price / sqft
$279
Lot
0.1735
Original price
$2,375,000
MLS #
26101763

Interior

Heating
Central
Cooling
Central Air
Laundry
Common Area

Exterior & lot

Features
Parking spaces: 16
Construction
2
Lot
INR3YY
Parking
Attached Carport, Garage, Tandem

Schools

District
Inglewood Unified School District

Financial

Parcel
4020016004
Special conditions
Standard

Location

Area
101 - North Inglewood
County
Los Angeles
Neighborhood
Arbor Park
Directions
South of Manchester and West of La Brea

Ask about this property

Questions on 310 S Eucalyptus Avenue, Inglewood, CA 90301, or want to see it in person?

Listed by John Katnik, BRC Advisors- BH

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.