NOT LISTED FOR SALE

218 E Hyde Park Blvd Unit 4 Inglewood, CA 90302

North Inglewood Neighborhood
6 Beds
4 Baths
5,554 Sq Ft
8,320 Sq Ft Lot

Last Sold June 24, 2013

Last sale price $750,000 $135 Per Sq Ft

54 Days on Market

About This Home

As of June 2013

This 6-Unit apartment building is perfect for an investor looking to generate significant monthly cash flow! The property sits on a very large 8,300+ Sqft lot and is located in the very desirable north west area of Inglewood. The building includes a great unit mix of 4: (1+1), 1: (2+1) and one very large (3+2) owners unit located at the very front of the building. All of the buildings units are very large and have either a balcony or a patio. This is a perfect Value-Add property that has great potential to generate top market rents.

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 04/12/2013

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Mike Pesci

Keller Williams Studio City License #01274379

Keller Williams Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,327 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 5,554 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1028
  • Assessor Parcel Number 4016015008

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $6,300
  • Net Operating Income $45,138

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

8,327 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4016015008
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 135.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8327.00
  • Lot Size Acres: 0.1910

Multi Family

  • Gross Income: 6300.00
  • Gross Scheduled Income: 63000.00
  • Lot Size Area: 8327.0000 Square Feet
  • Net Operating Income: 45138.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 26682.00
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 1028
  • Tax Year: 2012
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2013 06/24/13 Sold $750,000 -3.8% $135 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $780,000 -- $140 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,148 $1,427,515 $856,510 $571,005
2024 $19,148 $1,399,525 $839,716 $559,809
2023 $18,949 $1,372,084 $823,251 $548,833
2022 $19,295 $1,345,181 $807,109 $538,072
2021 $19,119 $1,318,806 $791,284 $527,522
2019 $17,987 $1,279,991 $767,815 $512,176
2018 $17,917 $1,254,900 $752,760 $502,140
2016 $12,986 $899,878 $589,218 $310,660
2015 $12,871 $886,362 $580,368 $305,994
2014 $11,213 $743,359 $401,816 $341,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13065441

California Regional Multiple Listing Service (CRMLS)
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