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Listing 2 out of 36
$1,850,000 For Sale

527 W Hyde Park Boulevard
Inglewood, CA 90302

6 units | Multi Family Home
15642 sq ft lot - MLS# SB19120027
Property Photo
1/11

Description

527 West Hyde Park Boulevard is an exciting development opportunity located in Inglewood. This unique opportunity is ideally located just east of the 405 Freeway, offering a convenient route to Los Angeles’s Westside, Downtown Los Angeles, Long Beach and LAX. 527 W Hyde Park currently consists of six (6) units situated on a large 15,643 SF lot. Seller has confirmed that the property will be delivered fully entitled to build twenty-one (21) new apartment units. The future development site is entitled to build eleven (11) three-bedroom/two-bathroom units and ten (10) two-bedroom/one-bathroom units. Three of the units will be allocated to affordable housing, while the remaining units will be rented at market rates. • 6-Unit Property Situated on a Large 15,643 SF Lot • Huge Development Opportunity – Will Be Delivered Fully Entitled to Build 21 Units (According to the Seller) • Entitlement Will Allow For 11 3-Bed/2-Bath Units & 10 2-Bed/1-Bath Units (3 Affordable Housing Units) • Prime Location – Just East of the 405 FWY Offering Convenient Access to LA’s Westside, Downtown LA, LAX, & Long Beach • 10-Minute Drive From the New Hollywood Park Stadium Development & Metro Station * Buyer to verify all information including but not limited to entitlement documentation

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90302
  • Year Built: 1948
  • Units: 6 units
  • # of Parking Spaces: 14.00
  • Lot Size: 15642 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: 4581.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 02023847
  • Co-Listing Office License: 01972083
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Country: US
  • Directions: North side of Hyde Park near the intersection of Beach Ave and the future Crenshaw Metro Line
  • Garage Spaces: 6.00
  • Listing Agent License: 01717818
  • Listing Office License: 01972083
  • Lot Features: Back Yard, Front Yard, Tear Down, Yard
  • Lot Size Area: 15643.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Rent Control YN: Yes
  • Sewer: Public Sewer
  • Uncovered Spaces: 8.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon

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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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