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Listing 4 out of 36
$2,595,000 Pending

320 E Hyde Park Boulevard
Inglewood, CA 90302

11 units | Multi Family Home
9496 sq ft lot - MLS# SB19118752
Property Photo
1/6

Description

11 units in prime Inglewood. Four (4) 2 Bd/1 Ba units and Seven (7) 1 Bd/1 Ba units. Very solid in place rents in a hot rental market, with additional rent upside. In 2011 and 2012, the prior owner replaced the roof, fascia boards, paint, windows, copper plumbing, laundry room, new concrete driveway, entry gate, garage doors, and security screen doors. The units have all been rehabbed with porcelain plank tile floors, new kitchen and bathroom cabinets, granite counter tops, new tile showers, wood baseboards, ranges, and ceiling fans within the last ten years. Please refer to the "Rehab Schedule" included as an attachment to this listing. Also included as a supplement to this listing is the numbers page. The building shares a common driveway with 316 E. Hyde Park Blvd., which is also listed for sale. Seller would like to sell 316 E. Hyde Park along with 320 E. Hyde Park.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • Zip Code: 90302
  • Year Built: 1958
  • Stories: Three Or More
  • Units: 11 units
  • # of Parking Spaces: 12.00
  • Lot Size: 9496 sq ft lot
  • View: City Lights,Neighborhood, Yes
  • 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: 7579.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Suburban
  • Country: US
  • Directions: E. Hyde Park Blvd. between Edgewood and Centinela
  • Fence YN: Yes
  • Fencing: Security
  • Flooring: Tile
  • Garage Spaces: 4.00
  • Gross Income: 1320.00
  • Gross Operating Income: 188801.00
  • Gross Scheduled Income: 194640.00
  • Insurance Expense: 2693.00
  • Laundry Features: Community, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 00815392
  • Listing Office License: 01368364
  • Lot Features: 11-15 Units/Acre
  • Lot Size Area: 9496.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 118351.00
  • New Taxes Expense: 33823.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Operating Expense: 70450.00
  • Other Expense: 4238.00
  • Other Expense Description: Assess
  • Parking Features: Covered, Driveway, Garage, Garage Faces Front, Gated
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Security Features: Automatic Gate
  • Sewer: Public Sewer
  • Total Actual Rent: 193320.00
  • Total Expenses: 70450.00
  • Uncovered Spaces: 8.00
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Keller Williams Beach Cities, Martin Ensbury

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Michael Clark
Home Team Realty

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

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