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Large Townhome Style Apartment Opportunity! 310 S Eucalyptus Ave 8 Unit Apartment Building $3,845,417 CAD ($480,677 CAD/Unit) 5.42% Cap Rate Inglewood, CA 90301
Investment Highlights
- Rare 8-Unit Townhome-Style Asset – 310 S Eucalyptus Ave is an 8-unit apartment building featuring 6 oversized townhome-style units.
- Central AC/Heating in Each Unit – All units include central heating and air conditioning, increasing tenant demand and supporting premium rents.
- Excellent Parking Ratio – 16 on-site parking spaces, providing a rare 2:1 parking ratio, a significant competitive advantage in the Inglewood.
- Attractive In-Place Rents with Clear Upside – The asset currently operates at a 5.42% cap rate and a 11.84 GIM, with a clear path to rental upside.
- In-Place RUBS Program – The property benefits from an existing RUBS (Ratio Utility Billing System) minimizing expenses.
Executive Summary
John Katnik of BRC Advisors is 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 5.42% cap rate and 11.84 GIM, with upside to a 6.70% pro forma cap rate and 10.16 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.
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 5.42% cap rate and 11.84 GIM, with upside to a 6.70% pro forma cap rate and 10.16 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.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$309,487
|
$36.40
|
| Other Income |
$15,306
|
$1.80
|
| Vacancy Loss |
$9,284
|
$1.09
|
| Effective Gross Income |
$315,509
|
$37.11
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$107,204
|
$12.61
|
| Net Operating Income |
$208,305
|
$24.50
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $309,487 |
| Annual Per SF | $36.40 |
| Other Income (CAD) | |
|---|---|
| Annual | $15,306 |
| Annual Per SF | $1.80 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $9,284 |
| Annual Per SF | $1.09 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $315,509 |
| Annual Per SF | $37.11 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $107,204 |
| Annual Per SF | $12.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $208,305 |
| Annual Per SF | $24.50 |
Property Facts
| Price | $3,845,417 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $480,677 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.42% | Building Size | 8,503 SF |
| Gross Rent Multiplier | 11.84 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Zoning | R3, Inglewood | ||
| Price | $3,845,417 CAD |
| Price Per Unit | $480,677 CAD |
| Sale Type | Investment |
| Cap Rate | 5.42% |
| Gross Rent Multiplier | 11.84 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,503 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | R3, Inglewood |
Amenities
Unit Amenities
- Balcony
- Fireplace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,332 CAD | 700 |
| 2+1.5 | 5 | $3,356 CAD | 1,100 |
| 3+2.5 | 1 | $4,236 CAD | 1,600 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4020-016-004 | Improvements Assessment | $989,914 CAD |
| Land Assessment | $2,309,801 CAD | Total Assessment | $3,299,715 CAD |
Property Taxes
Parcel Number
4020-016-004
Land Assessment
$2,309,801 CAD
Improvements Assessment
$989,914 CAD
Total Assessment
$3,299,715 CAD
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Large Townhome Style Apartment Opportunity! | 310 S Eucalyptus Ave
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