Homes for sale - 579 Hyde Park PL, Inglewood, CA 90302

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Thomas Ryan

thomas@thomasryan.realestate +1(909) 334-2049

$ 1,800,000

Est. payment | -/mo

8 Beds

7 Baths

4,277 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

8 Beds

7 Baths

4,277 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,277 sqft

Price per Sqft $420

MLS Listing ID 24472243

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 8,267 Sqft

Property Description

We're proud to present 579 Hyde Park Place located in the highly desirable northwest Inglewood area. This 7-unit apartment building is an opportunity for an investor to own a value-add asset in a high demand rental market with tremendous growth potential in the City of Champions. On the market for the first time in over 50 years, the property features a total of 7-units comprised of a desirable mix of (1) two-bed/one-bath and (6) one-bed/one-bath units. Parking is at the rear of the property along with a separate laundry room. Units are individually metered for electricity and gas keeping utility costs relatively low. A buyer can capitalize on the tight rental market and rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Average new lease rates in the neighborhood result in over 42% upside. Located a short drive away from the site of the SoFi Stadium and Entertainment District & recently completed Intuit Dome. The Intuit Dome is expected to generate around $260 million in economic activity for the city of Inglewood. The future is looking bright for the city of Inglewood and this investment is an opportunity to own a piece of that growth. Please reach out to LA for full marketing package.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3*

Interior

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Detached Carport, Door-Single, Garage

Attached Garage No

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4014026024

Special Listing Condition Standard

Listed by Nabil Awada • Matthews Real Estate Investment Services

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 334-2049

thomas@thomasryan.realestate

4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States

579 Hyde Park PL Inglewood, CA 90302