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727 W Hyde Park Blvd
Inglewood, CA 90302

Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 5,478 SF
No. Stories 3
Year Built/Renovated 1989/2019

ABOUT 727 W HYDE PARK BLVD , INGLEWOOD, CA 90302

Lyon | Stahl Investment Real Estate is proud to present 727 W Hyde Park Blvd, a six-unit apartment building located in northern Inglewood, in close proximity to the 405 FWY! This 5,478 sq. ft. structure was built in 1989 and is situated on a massive 8,677 sq. ft. lot. This property boasts a unit mix consisting of all recently remodeled 2-bedroom/2-bathroom units ranging from 794 sq. ft. to 980 sq. ft. The building also contains (12) carports with storage cabinets (no soft-story retrofit required), a laundry room, 2 large common decks, and gated access. The current owner may be willing to do a seller-carry. The property currently has great cash flow, operating at a 4.12% Cap Rate with a Pro-Forma Cap Rate of 6.07% and Pro Forma GRM 15.19. Given the property's great in-place income, and the ability to generate over 30% more in market rent potential, this is a great opportunity for any investor!

PROPERTY TAXES

ZONING

Zoning Code INR3YY
  • Listing ID: 13113602

  • Date on Market: 7/9/2018

  • Last Updated:

  • Address: 727 W Hyde Park Blvd, Inglewood, CA 90302