579 Hyde Park Place, Inglewood, CA, 90302

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$1,800,000
149 Days On Site

579 Hyde Park Place
Inglewood, CA 90302

For Sale|Residential Income|Active
8
Beds
0
Full Baths
0
Partial Baths
4,277
SqFt
$421
/SqFt
1962
Built
County:
Los Angeles
Listed by Nabil Awada of Matthews Real Estate Investment Services [email protected]
579 Hyde Park Place579 Hyde Park Place579 Hyde Park Place579 Hyde Park Place
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Monthly Payment (Est.)

$8,212
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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.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
149 Days
Bedrooms 
8
Inside Area (SqFt) 
4,277 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1898 Acres
Year Built 
1962
MLS® Number 
24472243
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.1898
Number Of Stories 
2
Parking 
Detached CarportGarage
Parking Spaces 
9
Special Circumstances 
Standard
SqFt Total 
4277
Stories 
Two
Zoning 
INR3*
Interior Features
Laundry Features 
Laundry Room
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Community Features
MLS Area 
101 - North Inglewood


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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