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.
Listed by Joshua Cohen
·
License #01346713
·
Keller Williams Realty
·
310-480-2130
Last updated November 18, 2025
·
Source: CRMLS #25617197
Listing Facts
TypeMulti-family
NeighborhoodArbor Park
Bedrooms5
Days on Prevu9
Size6,992 sqft
Price per sqft$343
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/10/2025
Listed by Keller Williams Realty
$2,395,000
Property Details for 406 S Grevillea Avenue
Exterior
Construction
Number Of Units Total: 12
Stories: 2
Year Built: 1926
Measurements
Building Area Total: 6,992
Lot Size Acres: 0.17
Lot Size Area: 7,500
Lot Size Source: Assessor
Lot Size Square Feet: 7,500
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.0
Gross Income: $246,336.00
Taxes
Parcel Number: 4021018015
Interior
Measurements
Living Area: 6,992
Rooms
Bathrooms Total Integer: 12
Bedrooms Total: 5
Parking
Parking
Parking Features: Driveway
Utilities
Equipment
Heating: Forced Air
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.