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817 S Grevillea Avenue

Inglewood, CA 90301
  • $2,499,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: SB22160868
UPDATED: 13 min ago
$2,499,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Listing Agent(s): John Stiegler II of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

This is the first time 817 Grevillea Ave has been on the market in 35 years! This large lot is an excellent opportunity for an investor looking to develop in arguably the fastest growing pocket of Los Angeles. Located right in the heart of Inglewood, tenants are walking distance from everyday needs, city services, schools, churches, and Metro bus stops with many high-tech companies in adjacent cities(walk score 87). The subject property has an area of over 19,000 sq ft, where one can build 17 units by right with the potential for more. This is a rare gem to own in a preferred city of investment with its close proximity to the 405, 105, LAX, and Hollywood Park. The ongoing Hollywood Park entertainment complex includes a state of the art billion-dollarSofi-Stadium which hosted Super Bowl LVI and is scheduled to host the College Football Playoff National Championship in Jan. 2023,WrestleMania 39 in April 2023, and the opening and closing ceremonies (as well as soccer and archery events) of the 2028 Summer Olympics. Buyer to verify all information. DO NOT WALK PROPERTY.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T16:37:00.507. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131284527
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817 S Grevillea Avenue Inglewood, CA 90301

  • Price: $2,499,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 13 min ago
  • ID#: SB22160868
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1915
Built
Neighborhood:
102 - South Inglewood
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
This is the first time 817 Grevillea Ave has been on the market in 35 years! This large lot is an excellent opportunity for an investor looking to develop in arguably the fastest growing pocket of Los Angeles. Located right in the heart of Inglewood, tenants are walking distance from everyday needs, city services, schools, churches, and Metro bus stops with many high-tech companies in adjacent cities(walk score 87). The subject property has an area of over 19,000 sq ft, where one can build 17 units by right with the potential for more. This is a rare gem to own in a preferred city of investment with its close proximity to the 405, 105, LAX, and Hollywood Park. The ongoing Hollywood Park entertainment complex includes a state of the art billion-dollarSofi-Stadium which hosted Super Bowl LVI and is scheduled to host the College Football Playoff National Championship in Jan. 2023,WrestleMania 39 in April 2023, and the opening and closing ceremonies (as well as soccer and archery events) of the 2028 Summer Olympics. Buyer to verify all information. DO NOT WALK PROPERTY.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 20 Parking Features One SpaceUncovered Parking Total 20 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSuburbanSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 7674 Land Lease YN No Laundry Features See Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 0 New Construction YN No New Taxes Expense 31238 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Inp1yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T16:37:00.507. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): John Stiegler II of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)