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
8,327 Sq Ft Lot

Sale Details

Date 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
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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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Boxenbaum Charles
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,290
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2016
Sold by
Boxenbaum Scott
Bought by
Walker Ann Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,290
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2014
Sold by
Boxenbaum Kharlene Linda
Bought by
Boxenbaum Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2014
Sold by
Hashemi Mehdi
Bought by
Boxenbaum Charles and Boxenbaum Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 18, 2013
Sold by
Brooks Keith
Bought by
Hashemi Mehdi
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Mike Pesci
Keller Williams Studio City
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 17, 2013
Sold by
Bishehban Parmis
Bought by
Hashemi Mehdi
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Mike Pesci
Keller Williams Studio City
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 10, 2013
Sold by
Brooks Sharonda D
Bought by
Brooks Keith
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Mike Pesci
Keller Williams Studio City
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 6, 2005
Sold by
Brooks Keith
Bought by
Brooks Keith A and Brooks Sharonda D

Purchase Details

Closed on
Jan 8, 2004
Sold by
Brooks Sharonda D
Bought by
Brooks Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Goldstein Arthur D and Goldstein Revocable Trust
Bought by
Brooks Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2003
Sold by
East Valley Capital Partners Xvi Lp
Bought by
Goldstein Arthur D and Goldstein Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2002
Sold by
Goldstein Arthur D and Goldstein Beverly Ann
Bought by
East Valley Capital Partners Xvi Lp

Purchase Details

Closed on
Jun 15, 2001
Sold by
Goldstein Arthur D and Goldstein Beverly Ann
Bought by
East Valley Capital Partners Xvi Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2000
Sold by
Goldstein Arthur and Goldstein Beverly
Bought by
Goldstein Arthur D and Goldstein Beverly Ann

Purchase Details

Closed on
Aug 20, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Goldstein Arthur and Goldstein Beverly

Purchase Details

Closed on
Apr 15, 1998
Sold by
Blackshear Freddie L
Bought by
Washington Mutual Bank Fa
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Inglewood, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title Co Socal
Walker Ann Lois $1,230,000 Orange Coast Title Co Socal
Boxenbaum Charles -- Progressive
Boxenbaum Charles $869,000 Progressive
Hashemi Mehdi $750,000 Progressive Title Company
Hashemi Mehdi -- Progressive Title Company
Brooks Keith -- Progressive Title Company
Brooks Keith A -- --
Brooks Keith -- --
Brooks Keith $550,000 --
Goldstein Arthur D -- --
East Valley Capital Partners Xvi Lp -- --
East Valley Capital Partners Xvi Lp -- Equity Title Company
Goldstein Arthur D -- --
Goldstein Arthur $235,000 North American Title Co
Washington Mutual Bank Fa $114,600 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Previous Owner Walker Ann Lois $715,290
Previous Owner Boxenbaum Charles $550,000
Previous Owner Boxenbaum Charles $550,000
Previous Owner Hashemi Mehdi $555,000
Previous Owner Hashemi Mehdi $555,000
Previous Owner Brooks Keith $555,000
Previous Owner Brooks Keith $412,500
Previous Owner Goldstein Arthur D $2,250,000
Previous Owner East Valley Capital Partners Xvi Lp $210,000
Previous Owner Blackshear Freddie --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,548 $1,456,065 $873,640 $582,425
2025 $20,548 $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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