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Sold for $1,500,000 · Nov 2024

SOLD

Listed at $1,650,000

Sold

701 S Grevillea Avenue, Inglewood, CA 90301

Inglewood, CA

MLS# OC24128681

8,102 Sq Ft • Apartment
93 days on market

Listing Agent

Giovanni Mejia

Listing Agent

First Team Real Estate

DRE #: 01200885

Brokerage: First Team Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

8,102 sqft

Square Feet

1963

Year Built

0.22 acres

Lot Size

$185

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

A Fantastic Investment Opportunity to own a 2 story, 7 unit apartment complex with a great unit mix consisting of (1) 3 bedrooms-3 baths, (2) 2 bedrooms-2 baths, and (4) 1 bedroom-1 bath units. This apartment building is centrally located near the LAX airport, Sofi Stadium, West Los Angeles, the South Bay and local beaches. The building is well laid out and also features 11 carport parking spaces that are larger than normal. The complex also generates additional income from an onsite laundry room and rented parking spaces. This property offers a huge upside in rents. Property is being sold “as is” and with no warranties or guarantees. Please do not disturb tenants. Property will only be shown with an accepted​​‌​​​​‌​​‌‌​​‌​​‌​​​​‌‌​​‌‌‌​​‌​​‌‌​​​‌ offer.

Listing description from the November 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
CentralAir
Heating
Central

Sale history for 701 S Grevillea Avenue

1 recorded sale

$1,500,000
Sold November 2024 · listed $1,650,000, orig. $1,750,000, on market June 2024, 93 days on market · MLS #OC24128681 · Source: CRMLS
Listing Agent: Giovanni Mejia · Listing Office: First Team Real Estate · Contact: 949-292-9764 · Bought with: Michael Padilla · Lyon Stahl Investment Real Estate, Inc.

How this sale compares

701 S Grevillea Avenue sold for $1,500,000 in November 2024, 9.1% under its $1,650,000 list price, after 93 days on the market. It was first listed at $1,750,000. Across 56 closed sales in 90301 over the last 12 months, the median sold price is $727,500 and the median is $505 per square foot.

$505
90301 median per sq ft (12 mo)
$727,500
90301 median sold price (12 mo)
56
Closed sales in 90301 (12 mo)
93
Days on market
−9.1%
Sold vs. list price
QuarterClosed sales in 90301Median sold price
Q1 202612$580,000
Q2 202621$960,000
Q3 202621$717,140
Q4 20262$555,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Inglewood · Homes for sale in 90301

Recent sales near 701 S Grevillea Avenue

Closed sales reported in 90301, nearest first, last 12 months. All recent sales in Inglewood →

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