Seller's Agent in 2019
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
(310) 376-4600
31 Total Sales
316 E Hyde Park Blvd Inglewood, CA 90302
North Inglewood Neighborhood
16
Beds
15
Baths
7,521
Sq Ft
9,772
Sq Ft Lot
Highlights
- City Lights View
- Laundry Room
- 2 Car Garage
About This Home
As of August 20198 units in prime Inglewood, built in 1980. Two (2) 3 Bd/2 Ba units, five (5) 2 Bd/2 Ba units, and one (1) Studio. Solid in place rents (4.03% cap rate on current rents), with significant rent upside. Since purchasing the building, the seller has upgraded the cement driveway, front gate, roof, decks, plumbing, landscaping, garage doors, front doors, and laundry room doors. The seller has also rehabbed six (6) of the eight (8) units. Please refer to the attached rehab schedule for a summary of the exterior and interior upgrades. Also included as a supplement to this listing is the numbers page. The property shares a common driveway with 320 E. Hyde Park Blvd., which is also listed for sale. Seller would prefer to sell the two buildings together.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 05/21/2019
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 05/21/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 9,772 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 2 Car Garage
- 6 Carport Spaces
- Parking Available
- Front Facing Garage
- Driveway
- Automatic Gate
Property Views
- City Lights
- Neighborhood
Home Design
- 7,521 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 16 Bedrooms
- 15 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 666
- Tax Tract Number 1453
- Assessor Parcel Number 4016014014
Community Details
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,685
- Other Expense $1,958
- Professional Management Expense $9,673
- New Taxes Expense $31,738
- Operating Expense $64,515
- Gross Income $167,700
- Net Operating Income $98,154
Additional Features
- 8 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2019 08/09/19 | Sold | $2,435,000 | 0.0% | $324 / Sq Ft |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- |
| 05/21/2019 05/21/19 | For Sale | $2,435,000 | -- | $324 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $33,274 | $2,553,660 | $1,640,468 | $913,192 |
| 2024 | $33,274 | $2,503,589 | $1,608,302 | $895,287 |
| 2023 | $32,922 | $2,454,500 | $1,576,767 | $877,733 |
| 2022 | $33,550 | $2,406,373 | $1,545,850 | $860,523 |
| 2021 | $33,245 | $2,359,190 | $1,515,540 | $843,650 |
| 2019 | $14,232 | $988,481 | $738,868 | $249,613 |
| 2018 | $14,549 | $969,164 | $724,381 | $244,783 |
| 2016 | $13,709 | $928,408 | $696,253 | $232,155 |
| 2015 | $13,584 | $914,463 | $685,795 | $228,668 |
| 2014 | $13,591 | $896,551 | $672,362 | $224,189 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Ensbury
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19118852
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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