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527 W Hyde Park Blvd, Inglewood, CA 90302

$1,795,000

Description

Brett Lyon and Nico Rosmarin of Lyon Stahl Investment Real Estate are pleased to present 527 West Hyde Park Boulevard, an exciting development opportunity located in Inglewood. This unique opportunity is ideally located just east of the 405 Freeway, offering a convenient route to Los Angeles’s Westside, Downtown Los Angeles, Long Beach and LAX.

527 W Hyde Park currently consists of six (6) units situated on a large 15,643 SF lot. Seller has confirmed that the property will be delivered fully entitled to build twenty-one (21) new apartment units. The future development site is entitled to build eleven (11) three-bedroom/two-bathroom units and ten (10) two-bedroom/one-bathroom units. Three of the units will be allocated to affordable housing, while the remaining units will be rented at market rates.

Investment Highlights:
• 6-Unit Property Situated on Large 15,643 SF Lot
• Huge Development Opportunity – Will Be Delivered Fully Entitled to Build 21 Units
• Entitlement Will Allow For 11 3-Bed/2-Bath Units & 10 2-Bed/1-Bath Units (3 Affordable Housing Units)
•Prime Location – Just East of the 405 FWY Offering Convenient Access to LA’s Westside, Downtown LA, LAX, & Long Beach
10-Minute Drive From the New Hollywood Park Stadium Development & Metro Station

* Buyer to verify all information including but not limited to entitlement documentation

Property Downloads

Address

  • City: Inglewood
  • State/county: CA
  • Country: United States

Detail

Updated on August 21, 2019 at 3:41 pm

  • Price: $1,795,000
  • Property Size: 4,581 Sq Ft
  • Land Area: 15,643 Sq Ft
  • Year Built: 1948
  • Property Type: Multifamily, Development Opportunity
  • Property Status: Active
  • Numbers of Units: 6
  • Price per Unit: $475,000
  • Market GRM: 13.34
  • Market CAP RATE: 5.23%

Contact info

Nico Rosmarin
Nico Rosmarin
(424) 226-9449(303) 819-5225
Linkedin
Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin

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