Compare Listings

933 Hyde Park Blvd, Inglewood, CA, 90302

933 Hyde Park Blvd, Inglewood, CA, 90302
$1,175,000

Description

Lyon Stahl is pleased to present 933 E Hyde Park Blvd, a 4-unit apartment building located in the desirable Northwest pocket of Inglewood, just a short distance to the Forum, future NFL Stadium, and LAX. This 3,738 SF building was built in 1963 and is situated on a 5,394 SF lot. 933 E Hyde Park Boulevard offers a great unit mix of one (1) 3-bed/2-bath unit, one (1) 2- bed/1-bath unit and two (2) 1-bed/1-bath units separately metered for gas & electric. The building features on-site laundry and four covered parking spaces.

This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low. Located just two miles North of the Inglewood multi-billion dollar developments, 933 E Hyde Park Boulevard is an excellent owner-user buy, allowing for an owner to live in one unit and enjoy the top of the market rental income from the other.

• Well-Maintained 4-Unit Building Consisting of (1) 3- Bed/2-Bath Unit, (1) 2-Bed/1-Bath Unit & (2) 1- Bed/1-Bath Units
• 3,738 SF of Living Space Situated on a 5,394 SF Lot
• Covered Parking Provides for One Space/Unit
• Currently Operating at a 3.65% CAP & 17.07 GRM | Pro Forma 5.10% CAP & 13.60 GRM
• Only a Short Commute to the Forum, LAX, & SoFi Stadium Development

Property Downloads

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

Detail

Updated on February 17, 2020 at 9:09 am

  • Price: $1,175,000
  • Land Area: 5394 Sq Ft
  • Year Built: 1963
  • Property Type: Quadruplex, Multifamily
  • Property Status: Pending Sale
  • Numbers of Units: 4
  • GRM: 17.07
  • CAP RATE: 3.65%
  • Price per Unit: $293,750
  • Market GRM: 17.07
  • Market CAP RATE: 5.75%

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin

Inquire about this property

Agent Properties