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    721 W Hyde Park Boulevard

    Inglewood, CA 90302
    • $1,900,000
    • STATUS: Active
    • ON SITE: 152 days
    • ID#: PW20236883
    UPDATED: 95 min ago
    $1,900,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,418
      SQFT
    • $351
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Exceptional Inglewood Location, 11.85 GRM Market -- 13.38 GRM Current, Well-Maintained Building and Units, Onsite Laundry & Ample Onsite Parking, Implement Sound Management and/or RUBS to Control and Cut Expenses Significantly, +/- 15% Upside in Rents, 100% Collections, Potential to Add up to 3 Additional Units Per AB 68. Contact Agent for Marketing Package.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T00:25:30.707. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/111771306
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    721 W Hyde Park Boulevard Inglewood, CA 90302

    • Price: $1,900,000
    • Status: Active
    • Updated: 95 min ago
    • ID#: PW20236883
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,418
    SQFT
    $351
    $/SQFT
    1962
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    Exceptional Inglewood Location, 11.85 GRM Market -- 13.38 GRM Current, Well-Maintained Building and Units, Onsite Laundry & Ample Onsite Parking, Implement Sound Management and/or RUBS to Control and Cut Expenses Significantly, +/- 15% Upside in Rents, 100% Collections, Potential to Add up to 3 Additional Units Per AB 68. Contact Agent for Marketing Package.
    Exterior Features

    Carport Spaces 7.00 Garage Spaces 0.00 Lot Features Level With Street Lot Size Units Square Feet Parking Features Carport Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Community

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.41 Community Features Curbs Country Us Electric Expense 2554.00 Elevation Units Feet Fuel Expense 2554.00 Gardener Expense 420.00 Gross Income 192.00 Gross Multiplier 13.58 Gross Scheduled Income 139908.00 Insurance Expense 2167.00 Land Lease YN No Laundry YN Yes Maintenance Expense 6995.00 Net Operating Income 83855.00 New Construction YN No New Taxes Expense 25888.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 26160.00 Other Expense 3499.00 Other Expense Description Other Pest Control Expense 350.00 Professional Management Expense 6995.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 52048.00 Trash Expense 2554.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 2553.00 Water Source Public Year Built Source Public Records Zoning Inr3yy

    Listing provided courtesy of Shane Young of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T00:25:30.707. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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