579 Hyde Park Place, Inglewood, CA 90302 (MLS # 24472243)

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PRICE $1,800,000 dsIDX morgage calculator
BEDS 8
BATHS 7
HOME SIZE 4,277 sqft
LOT SIZE 8,268 sqft

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.

DAYS ON MARKET 10 LAST UPDATED 12/13/2024
YEAR BUILT 1962 COMMUNITY North Inglewood
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA North Inglewood
GARAGE Detached Carport, Door-Single, Garage, Yes
LOT 8267 sq ft
PARKING Detached Carport,Door-Single,Garage
STORIES 2
ZONING INR3*
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TOTAL MONTHLY PAYMENT

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Listed with Matthews Real Estate Investment Services

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