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575 E Hyde Park Boulevard, Inglewood, CA 90302
8
beds
6
baths
3230
ft2
· 6078
ft2 lot
$1,599,990
$495 / ft2
Listing provided courtesy of Josefa Vasquez, Rosalva Olivarria, Broker.
Source CRMLS.
***LOCATION LOCATION*** Newer built 2018 3-unit apartment building is an excellent opportunity for an investor to acquire an asset with steady cash flow. This property sits on a 6,078 sq. ft. lot with a small front yard. The units feature (one) 2-bedroom, 2-bathroom and (two) 3-bedroom, 2-bathroom. Custom kitchens with granite counters, custom bathrooms with trending tiles on walls and floors. Wood laminated floors throughout. Private indoor laundry in each units’ closet. All the units are separately metered for gas and electricity. Additionally, the subject property offers separate 2-garage spaces for each unit. Attractive and well- maintained with low maintenance landscaping. Tenants to remain in the property at the close of escrow. Near many major streets for easy commuting to the beach or anywhere in Los Angeles and within proximity to recreation, shopping, restaurants, convenient access to the 405 & 105 freeways and just minutes from LAX. Inglewood, an incorporated city with no rent control, is under major construction & is being transformed into the city of the future with businesses already in existence like Hilton Hotels & Frank Gehry's new home for the LA Philharmonic Youth Orchestra and Rams Stadium, Hollywood Park Casino, The Forum, and so much more.
HOA
$—/month
On market
5 months
Year built
2018
Property type
Multi-Family
Parking
6
MLS
PW20241632
Price / Sq.Ft.
$495 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $1,599,990
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$311/day
$0
Best
Flyhomes Guaranteed Offer
$8,000
- -
$8,000
Better
Discount Brokerage
$6,060
not offered
$6,060
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: In Closet, Inside
•   
Appliances: Dishwasher
•   
Has Appliances
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property
•   
Interior Features: Balcony, Granite Counters, Open Floorplan, Recessed Lighting
•   
Window Features: Double Pane Windows
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Kitchen, Laundry, Living Room
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Laminate, Tile
Interior Size
•   
Building Area Total: 3230.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage Faces Rear, Garage Door Opener
•   
Garage Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Flat Tile, Rolled/Hot Mop
•   
Foundation Details: Slab
•   
Num Stories: One, Two
•   
Year Built Source: Seller
Lot Info
•   
Zoning: INR3*
•   
Lot Features: 2-5 Units/Acre, Corner Lot, Near Public Transit
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1395
•   
Lot Size Area: 6078.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 3
Property Features
•   
Fencing: Vinyl
•   
Property Condition: Turnkey
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Cable TV, Electricity, Gas
•   
Gross Operating Income: 93600.00
•   
Water Sewer Expense: 3000.00
•   
Total Actual Rent: 7800.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 840.00
•   
New Taxes Expense: 12314.00
•   
Insurance Expense: 1460.00
•   
Total Expenses: 17614.00
•   
Gross Scheduled Income: 93600.00
•   
Operating Expense: 17614.00
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2020
•   
Taxes: 12313.0
Terms
•   
Exclusions: tenants own laundry equipment
Lease Info
•   
Net Operating Income: 75986.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 2700.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 2.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 2700.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2700.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 2700.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2400.00
•   
Unit 1 Total Rent: 2400.00
Multi Unit Information
•   
# Of Units: 3
•   
Number Of Units Leased: 3
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks, Urban
•   
Directions: La Cienega/ E. Hyde Park Blvd
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 12, 2021 4:38pm
Neighborhood snapshot
34
Properties for sale
12
Median days on market
$485.44
Median sold price/sqft
101.10%
Sold/List %
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Property History
11/30/2020
11/30/2020
CRMLS #PW20241632
active
CRMLS #PW20241632
$1,599,990
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