803-811 E Hyde Park Blvd - Apartments FOR SALE


Inglewood, CA 90302
$3,750,000 USD
310-408-4364
803-811 E Hyde Park Blvd, Inglewood, CA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/8
null | 6.66% Cap Rate

803-811 E Hyde Park Blvd
Inglewood, CA 90302


OVERVIEW

Lee & Associates is pleased to present 803–811 E Hyde Park Blvd, an 18-unit multifamily investment opportunity located in an excellent area of Inglewood, California. This property represents an opportunity to acquire a well-maintained property with a solid operating history and significant rental upside in one of the most active rental markets in Los Angeles County. The property is well located near major transportation, entertainment, and employment hubs and has always enjoyed good occupancy. Built in 1952, the property features a desirable unit mix of eleven (11) one-bedroom / one-bath units and six (6) two-bedroom/ one-bath units. The building totals approximately 10,968 gross rentable square feet on a 16,097-square-foot lot, offering generous open space and on-site parking for all units. The units are separately metered for both gas & electricity. Residents benefit from proximity to major attractions including SoFi Stadium, Hollywood Park, and LAX, as well as easy access to the 405 and 105 freeways and the Metro K Line, connecting Inglewood to Downtown Los Angeles and the Westside. This investment will appeal to a buyer that seeks stable in place income with plenty of upside and appreciation.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

18

PRICE/UNIT

$208,333

CAP RATE

6.66%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

29,871 SF

ZONING

INR3*

APN/PARCEL ID

4013-031-019,4013-032-032,4013-032-033,4013-032-034

ASK ABOUT THIS PROPERTY

Joseph LinkogleLee & AssociatesMore Info
310-408-4364

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Joseph LinkogleLee & AssociatesMore Info
310-408-4364

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.