Skip to main content

Multifamily

721 W Hyde Park Blvd

721 W Hyde Park Blvd, Inglewood, CA 90302

Listing Price: $1,900,000

Cap Rate
4.41%
Number of Units
7
Price/Unit
$271,429
Price/Gross SF
$350.68
Gross SF
5,418

Investment Overview

Marcus & Millichap is pleased to present 721 W Hyde Park Blvd in Inglewood, California. This property is located in an in exceptional Inglewood location. It is located right off the 405 freeway with the 110 freeway neighboring to the east. It is centrally located with access to public transportation. The offering is in a strong rental location proximate to retail centers and LAX. The subject property has total of 7 units. The unit mix consists of 4 - 1 Bd/1 Ba and 3 - 2 Bd/2 Ba All units are very well-maintained and there is 100% collections on them. The property comprises 1, two-story buildings built in 1962 with some renovations done over the years. The property is located in an opportunity zone and there is the property potential to add up 4 additional units per AB 68 The property also features onsite laundry and ample amount of parking. 721 W Hyde Park Blvd would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow.

Investment Highlights

  • 12 GRM Market -- 13.9 GRM Current
  • Well Maintained Building and Units
  • Onsite Laundry & Ample Onsite Parking
  • Implement Sound Management and/or RUBS - Buyer can Control and Cut Expenses Significantly
  • +/- 15% Upside in Rents
  • 100% Collections
  • Potential to Add up to 3 Additional Units Per AB 68

Exclusively Listed By

Listing Price: $1,900,000

Cap Rate
4.41%
Number of Units
7
Price/Unit
$271,429
Price/Gross SF
$350.68
Gross SF
5,418

Investment Highlights

  • 12 GRM Market -- 13.9 GRM Current
  • Well Maintained Building and Units
  • Onsite Laundry & Ample Onsite Parking
  • Implement Sound Management and/or RUBS - Buyer can Control and Cut Expenses Significantly
  • +/- 15% Upside in Rents
  • 100% Collections
  • Potential to Add up to 3 Additional Units Per AB 68

Investment Overview

Marcus & Millichap is pleased to present 721 W Hyde Park Blvd in Inglewood, California. This property is located in an in exceptional Inglewood location. It is located right off the 405 freeway with the 110 freeway neighboring to the east. It is centrally located with access to public transportation. The offering is in a strong rental location proximate to retail centers and LAX. The subject property has total of 7 units. The unit mix consists of 4 - 1 Bd/1 Ba and 3 - 2 Bd/2 Ba All units are very well-maintained and there is 100% collections on them. The property comprises 1, two-story buildings built in 1962 with some renovations done over the years. The property is located in an opportunity zone and there is the property potential to add up 4 additional units per AB 68 The property also features onsite laundry and ample amount of parking. 721 W Hyde Park Blvd would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower