8-Unit Townhome-Style Apartment
For Sale
Contact for pricing
310 S Eucalyptus Ave, Inglewood, CA 90301
Eight townhome-style units in a 1965-built, individually metered multifamily property with central HVAC and on-site laundry.
Property Size8,503 SF
Lot Size0.17 Acres
Price / SF$328.71
Days on Market161
Property Features for 310 S Eucalyptus Ave
General Information
Standard status
Active
Size
8,503 SF
Total Parking Spaces
16
Lot size
0.17 Acres
Property subtype
Multifamily
Zoning
R3
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$151,404
Additional Details
Cap Rate
5.42%
Multifamily Units
8
Amenities
central heating and air conditioning
on-site laundry facility
Building Details
Year Built
1965
Buildings
1
Stories
2
Units
8
Tenancy
Multi
Listing Agency:
BRC Advisors Inc
Listed By:
John Katnik · License #02002695
(424) 325-2604
Source:
Crexi
Added: Mar 30
Changed: Aug 8
Last Checked: Jul 23 at 4:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRC Advisors Inc
Investment Insights
Based on property information with market context.
310 S Eucalyptus Ave is an eight-unit, townhome-style apartment building constructed in 1965. The property totals 8,503 rentable square feet and sits on a 7,557 square foot lot. Unit features include central heating and air conditioning across the building. The property includes an on-site laundry facility and 16 on-site parking spaces. Four of the eight units have been renovated, with the remaining units offering continued opportunity for interior upgrades.
The building is individually metered for gas and electricity and has an in-place RUBS (Ratio Utility Billing System), supporting the ability to recapture a portion of utility expenses. Recent exterior improvements include new exterior paint.
This offering presents a straightforward multifamily configuration supported by townhome-style living arrangements and in-unit central HVAC, along with covered operational conveniences such as laundry and parking on site.
The building is individually metered for gas and electricity and has an in-place RUBS (Ratio Utility Billing System), supporting the ability to recapture a portion of utility expenses. Recent exterior improvements include new exterior paint.
This offering presents a straightforward multifamily configuration supported by townhome-style living arrangements and in-unit central HVAC, along with covered operational conveniences such as laundry and parking on site.
Key Highlights
- 1965‑built 8‑unit townhome‑style apartment complex with 8,503 SF rentable on a 7,557 SF lot
- Four of eight units have been renovated, supporting achievable market rents and additional interior upgrade potential
- Individually metered gas and electricity with in‑place RUBS for utility cost recapture
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$105,324
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,106,480
$2.1M
Cap Rate 7%
$1,504,629
$1.5M
Cap Rate 9%
$1,170,267
$1.2M
Market Conditions
NOI Build-Up for 8,503 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$192.8K $22.68/SF
− Vacancy
−$1.3K −$0.16/SF
EGI
$191.5K $22.52/SF
− OpEx
−$86.2K −$10.13/SF
NOI
$105.3K $12.39/SF
Area
Inglewood, CA
Vacancy
0.70%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,106,480
Cap Rate 7%
$1,504,629
Cap Rate 9%
$1,170,267
Alternative Uses
Best Use
Apartment 5plus
$1.50M
$1.32M – $1.76M
NOI $105,324 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M
NOI $242,846 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,586
Businesses Nearby
Explore this area
Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight townhome-style units in a 1965-built, individually metered multifamily property with central HVAC and on-site laundry.
Where is this apartment building located?
The property is located at 310 S Eucalyptus Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: 1965‑built 8‑unit townhome‑style apartment complex with 8,503 SF rentable on a 7,557 SF lot; Four of eight units have been renovated, supporting achievable market rents and additional interior upgrade potential; Individually metered gas and electricity with in‑place RUBS for utility cost recapture
