Seller's Agent in 2019
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
4 in this area
152 Total Sales
501 Hyde Park Place Inglewood, CA 90302
North Inglewood Neighborhood
14
Beds
7
Baths
11,040
Sq Ft
0.27
Acres
About This Home
As of November 2019501 Hyde Park Pl is a 12-unit apartment building located in the desirable Northwest pocket of Inglewood, just a short distance to the Forum, future NFL Stadium, and LAX. This 11,040 SF building was built in 1985 and is situated on a 11,966 SF corner lot at the signalized intersection of Field and Centinela Avenue. The unit mix consists of all 2-bed/1-bath units separately metered for gas & electric. The building features on-site laundry and two covered parking spaces for each unit. Given the property’s ideal location, strong unit mix, and significant upside rent potential, 501 Hyde Park Pl is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 07/18/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 0.27 Acre Lot
- Two or More Common Walls
Parking
- 12 Car Garage
Home Design
- Property Attached
Interior Spaces
- 11,040 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Listing and Financial Details
- Tax Lot 64
- Tax Tract Number 4350
- Assessor Parcel Number 4014027020
Community Details
Building Details
- Rent Control
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,864
- Maintenance Expense $14,465
- Other Expense $10,748
- Professional Management Expense $12,491
- New Taxes Expense $49,618
- Operating Expense $91,186
- Gross Income $249,828
- Net Operating Income $151,147
Additional Features
- 12 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2019 11/05/19 | Sold | $3,475,000 | -3.5% | $315 / Sq Ft |
| 09/04/2019 09/04/19 | Pending | -- | -- | -- |
| 07/18/2019 07/18/19 | For Sale | $3,600,000 | +110.5% | $326 / Sq Ft |
| 07/17/2013 07/17/13 | Sold | $1,710,000 | -6.3% | $155 / Sq Ft |
| 06/17/2013 06/17/13 | Pending | -- | -- | -- |
| 05/23/2013 05/23/13 | For Sale | $1,825,000 | -- | $165 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
4 in this area
143 Total Sales
-
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,780 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19170372
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