Inglewood, CA 90302,579 Hyde Park Pl
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Inglewood, CA 90302,579 Hyde Park Pl
Inglewood, CA 90302,579 Hyde Park Pl
Inglewood, CA 90302,579 Hyde Park Pl
Inglewood, CA 90302,579 Hyde Park Pl
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$ 1,800,000
Est. payment /mo
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579 Hyde Park Pl Inglewood, CA 90302

8 Beds

7 Baths

4,277 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,277 sqft

Price per Sqft $420

MLS Listing ID 24-472243

Bedrooms 8

Year Built 1962

Lot Size 8,267 Sqft

Acres 0.1898

Property Sub-Type Multi-Family

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 36% 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. (1) One-Bed/One-Bath Unit Delivered Vacant - Please reach out to LA for full marketing package.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR3*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Laundry Room

Exterior

Parking Features Carport Detached, Garage - 1 Car

Garage Spaces 9.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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