727 W Hyde Park Blvd, Inglewood, CA 90302

727 W Hyde Park Blvd, Inglewood, CA 90302

Inglewood, CA

Property Description

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 850 sq. ft. to 940 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. 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 Features

  • Sale Price: $1,795,000
  • Area Size: 5,478 SF
  • Land Area: 8,677 SF
  • Year Built: 1989
  • Listing Date: 7/9/18
  • Closing Date: 9/12/18
  • Units: 6
  • Current GRM: 15.19
  • Current Cap Rate: 4.12%
  • Price Per Unit: $299,166.67
  • Market GRM: 11.60
  • Market Cap Rate: 6.07%
  • Current NOI: $73,927

Lyon Stahl Investment Real Estate

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