509 Hyde Park Pl - Apartments FOR SALE


Inglewood, CA 90302
$2,050,000 USD
310-722-3161
509 Hyde Park Pl, Inglewood, CA for Sale
$2,050,000 USD
Apartments - FOR SALE
1/20
null | 5.11% Cap Rate

509 Hyde Park Pl
Inglewood, CA 90302


HIGHLIGHTS

  • Excellent Location - Close Proximity to SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park casino, shopping and restaurant complex and LAX.
  • Great opportunity to invest in an ever-expanding and developing area that has become a highly sort-after location for renters/investors/developers
  • 2 Buildings | 9 Units | 11 Parking Spaces
  • 100% Occupied
  • Recent upgrades: New roof on building #1, painting of all exteriors, new entry gate/motor, newer electrical meter, copper plumbing, new water heater
  • Some Units have private patios | All Units have AC Wall Units | Property has Onsite Laundry

OVERVIEW

Great opportunity to invest in an ever-expanding and developing area that has become a highly sort-after location for renters, investors and developers. 509 Hyde Park Pl offers close proximity to Inglewood's premier attractions, including SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park casino, shopping and restaurant complex and Los Angeles International Airport. This two building, 9 unit property is 100% fully occupied and features recent upgrades including a new roof on building #1, painting of all exteriors, new entry gate/motor, newer electrical meter, copper plumbing, new water heater. Unit Mix comprises 5 x 1 BRs, 1 x 2 BR and 3 Studios. The property has 11 Parking Spaces (9 spaces on the property and 2 additional spaces outside front gate). Laundry On-Site. Master Gas Meter. Inglewood has emerged as one of Southern California’s most dynamic real estate markets, driven by major developments and a surge in demand. With its strategic location near downtown Los Angeles and the South Bay, Inglewood offers strong investment potential and a growing community appeal.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

9

PRICE/UNIT

$227,778

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,015 SF

ZONING

INGLEWOOD R3

APN/PARCEL ID

4014-027-021

ASK ABOUT THIS PROPERTY

Mason CanterKW CommercialMore Info
310-722-3161

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Mason CanterKW CommercialMore Info
310-722-3161

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