Welcome or Register
Back to Saved Search
Listing 14 out of 36
$1,279,000 For Sale

318 E Hazel Street
Inglewood, CA 90302

4 units | Multi Family Home
12101 sq ft lot - MLS# SB19091640
Property Photo


1-4 unit buildings will not be subject to Inglewood’s proposed rent control per the most recent ordinance dated June 17, 2019. 318 E Hazel St is a 4- unit apartment building (not subject to rent control) located in the best part of Inglewood – less than one mile from the new Hollywood Park neighborhood development and future NFL Stadium! This 3,534 sq. ft. building is near the Metro Crenshaw/LAX line – inside the Transit Oriented Development Plan and Design zone. Since it is in a TOD zone, this massive 12,102 sq. ft. lot would be an excellent development opportunity with the ability to build eight (8) units or eleven (11) units, if low-income housing is included (per planning department). Setback and parking requirements for properties in TOD zones are also less stringent, requiring only 1.5 spaces per unit of 2- bedrooms or more. Given the development upside and prime Inglewood location, this property is a great opportunity for any investor or developer.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90302
  • Year Built: 1939
  • Units: 4 units
  • Lot Size: 12101 sq ft lot
  • Zoning: INR3YY
  • Area: 101 - North Inglewood
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3524.00
  • Building Area Units: Square Feet
  • Cap Rate: 2.76
  • Co-Listing Agent License: 01717818
  • Co-Listing Office License: 01972083
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Country: US
  • Directions: South side of Hazel near the intersection of Centinela
  • Gardener Expense: 1200.00
  • Gross Income: 54300.00
  • Gross Multiplier: 20.80
  • Gross Scheduled Income: 61500.00
  • Insurance Expense: 1414.00
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 01399621
  • Listing Office License: 01972083
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Yard
  • Lot Size Area: 12102.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 1845.00
  • Net Operating Income: 35256.00
  • New Taxes Expense: 15511.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 23169.00
  • Other Expense: 3200.00
  • Other Expense Description: Utility
  • Rent Control YN: Yes
  • Sewer: Public Sewer
  • Total Expenses: 23169.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Lyon Stahl Investment Real Estate, Inc., J.woody Stahl

Homes by Email

Be the first to see new listings as soon as they hit the market!

Quick Search

view all



No Min.

No Max.

Michael Clark
Home Team Realty

2501 W. 237th Street #C
Torrance, CA 90505
Phone: 310-920-2967
Email: mcsouthbay@yahoo.com
DRE #00425966

Featured Communities

El Segundo
Harbor City
Hermosa Beach


Manhattan Beach
Rancho Palos Verdes
Redondo Beach
San Pedro

Connect With Me

Subscribe to my newsletter...

* fields are required