$1,950,000

Estimated payment $12,720/month

Total Views 5,140
11 Beds
7 Baths
5,900 Sq Ft
$331 Price per Sq Ft

About This Home

Well maintained and easily managable mixed 6 units apartment featuring a pitched roof, on-site parking. The property is located in a great north Inglewood pocket, one block east of La Brea near the corner of Hyde Park. Additional Properties Also AvailableThree other properties are also for sale and can be purchased individually or as a portfolio:• 16 units at 404 E. Hyde Park, Inglewood• 12 units at 511 Venice Way, Inglewood• 12 units at 530 W Olive St, InglewoodIn total, 41 out of 46 units have been fully remodeled to condo-quality standards. The entire portfolio offers a hassle-free, low-maintenance, turnkey operation with a strong track record of minimal vacancy, low tenant turnover, and consistent 100% rent collection.ParkingAmple parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two spaces each.

Listing Agent

Abu Majumder

Abu Majumder, Broker Brokerage Phone: 562-201-7577 License #01275191 Listed on: 04/10/2025

Abu Majumder, Broker

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 8,085 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Interior Spaces

  • 5,900 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 216
  • Assessor Parcel Number 4016009003
  • $1,821 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Fuel Expense $2,400
  • Gardener Expense $1,440
  • Insurance Expense $3,631
  • Maintenance Expense $1,200
  • Other Expense $696
  • Professional Management Expense $6,544
  • Water Sewer Expense $7,080
  • New Taxes Expense $25,995
  • Operating Expense $50,850
  • Gross Income $165,036
  • Net Operating Income $109,278

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 325000
  • Professional Management Expense: 6544.00
  • Property Attached: No
  • Water Sewer Expenses: 7080.00
  • Zoning: INR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 4016009003
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Market St
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 330.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8085.00
  • Lot Size Acres: 0.1856

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 540.00
  • Fuel Expense: 2400.00
  • Gross Income: 165036.00
  • Gross Operating Income: 160128.00
  • Gross Scheduled Income: 165036.00
  • Insurance Expense: 3631.00
  • Lot Size Area: 8085.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 109278.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 50850.00
  • Other Expense: 696.00
  • Other Expense Description: Laundry
  • Rent Control: Yes
  • Total Expenses: 50850.00
  • Vacancy Allowance: 4908
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 25995.00
  • Tax Census Tract: 6009.02
  • Tax Lot: 2
  • Tax Tract Number: 216
  • TaxOtherAnnualAssessmentAmount: 1821.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $1,950,000 0.0% $331 / Sq Ft
05/28/2025 05/28/25 Off Market $1,950,000 -- --
04/10/2025 04/10/25 For Sale $1,950,000 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Homes in the area

  • 509 E Hyde Park Place, Inglewood, CA 90302

    $1,995,000

    • 8 Beds
    • 9 Baths
    • 3,318 Sq Ft
    • 509 E Hyde Park Place
    • Inglewood, CA

    Excellent Location! Close Proximity to SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park casino, shopping and restaurant complex and LAX. Great opportunity to invest in an ever-expanding and developing area that has become a highly sort-after location for renters/investors/developers. Property features 2 Buildings, 9 Units and 11 Parking Spaces. 100% Occupied. Recent upgrades: New roof on

    Mason Canter Keller Williams Realty Los Feliz

    Section Image
  • 579 E Hyde Park Place, Inglewood, CA 90302

    $1,750,000

    • 8 Beds
    • 7 Baths
    • 4,277 Sq Ft
    • 579 E Hyde Park Place
    • Inglewood, CA

    We're proud to present 579 Hyde Park Place located in the highly desirable northwest Inglewood area. This 7-unit apartment building is an opportunity for an investor to own a value-add asset in a high demand rental market with tremendous growth potential in the City of Champions. On the market for the first time in over 50 years, the property features a total of 7-units comprised of a desirable

    Nabil Awada Matthews Real Estate Investment Services

    Section Image
  • 210 N Eucalyptus Ave, Inglewood, CA 90301

    $1,630,000

    • 11 Beds
    • 8 Baths
    • 5,211 Sq Ft
    • 210 N Eucalyptus Ave
    • Inglewood, CA

    Own a piece of Inglewood’s growth with this 8-unit apartment building at 210 N. Eucalyptus Ave. This 5,211 SF property sits on an 8,003 SF lot on the corner of Regent and Eucalyptus, offering a compact yet lucrative investment at $225,000 per unit. Located in a booming L.A. neighborhood, it’s primed for cash flow and upside. Unit Mix: 6 one-bedroom/one-bath and 2 two-bedroom units, with rents

    Sarah Martin Real Broker

    Section Image
  • 6606 Brynhurst Ave, Los Angeles, CA 90043

    $1,800,000

    • 11 Beds
    • 9 Baths
    • 4,737 Sq Ft
    • 6606 Brynhurst Ave
    • Los Angeles, CA

    CURRENT CAP is 4.24% And 14.84 GRM PLUS 2 VACANT UNITS FOR IMMEDIATE UPSIDE. MARKET CAP: 6.77% AND 10.64 GRM In the heart of the evolving Hyde Park neighborhood, this 8-unit multifamily property combines immediate cash flow with significant development potential. The current unit mix includes (5) 1-bed/1-bath units (2 vacant), (2) 2-bed/1-bath units, and (1) 2-bed/2-bath Section 8 unit. There is

    Bethany Woolf Californian Estates

    Section Image
  • 9328 Crenshaw Blvd, Inglewood, CA 90305

    $1,700,000

    • 8 Beds
    • 4 Baths
    • 3,442 Sq Ft
    • 9328 Crenshaw Blvd
    • Inglewood, CA

    Don't miss out on this prime investment in one of Inglewood's most rapidly developing areas! This Prime Investment Opportunity offers four versatile apartments. Each two-bedroom apartment unit has high potential in one of Inglewood's most rapidly developing areas. Discover a fantastic opportunity to own a well-maintained four-unit apartment in a desirable neighborhood. This multi-family property

    Regina Hooks Robert Pitts Estates

    Section Image
  • 10219 England Ave, Inglewood, CA 90303

    $1,550,000

    • 10 Beds
    • 6 Baths
    • 4,764 Sq Ft
    • 10219 England Ave
    • Inglewood, CA

    We are pleased to present 10219 England Avenue, a 6-unit investment opportunity in The Village neighborhood of Inglewood, formerly known as Darby-Dixon. This offering consists of 4,764 square feet of rentable space. Constructed in 1955, 10219 England Avenue comprises two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Sitting on a 6,635 square foot lot, this building

    Sevak Keshishian Marcus & Millichap

    Section Image
  • 3213 Bartdon Ave, Inglewood, CA 90303

    $1,725,000

    • 12 Beds
    • 6 Baths
    • 4,474 Sq Ft
    • 3213 Bartdon Ave
    • Inglewood, CA

    NAI CAPITAL PRESENTS 3213 Bartdon Ave, a standout multifamily investment opportunity in the heart of Inglewood, one of Los Angeles' most dynamic and fastest-growing markets. This turnkey four-unit property sits on a 6,682 sq. ft. lot and offers 4,474 sq. ft. of fully upgraded living space. Originally built in 1956 and extensively modernized, this asset delivers immediate cash flow, long-term

    Tim Steuernol NAI Capital Commercial Inc.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25078598

California Regional Multiple Listing Service (CRMLS)