NOT LISTED FOR SALE

Estimated Value: $1,209,000 - $1,739,000

7 Beds
5 Baths
3,738 Sq Ft
$373/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $1,125,000 $301 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,742/month

211 Days on Market

About This Home

As of December 2020

933 E Hyde Park Blvd is a 4-unit apartment building located in the desirable Northwest pocket of Inglewood, just a short distance to the Forum, future NFL Stadium, and LAX. This 3,738 SF building was built in 1963 and is situated on a 5,394 SF lot. 933 E Hyde Park Boulevard offers a great unit mix of one (1) 3-bed/2-bath unit, one (1) 2-bed/1-bath unit, and two (2) 1-bed/1-bath units separately metered for gas & electric. 4-unit buildings are exempt from Inglewood’s more strict rent control and only subject to the just cause provision and California’s 5% + CPI rent restrictions. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low. Located just two miles North of the Inglewood multi-billion dollar developments, 933 E Hyde Park Boulevard is an excellent investment opportunity with significant upside and long term appreciation potential.

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 02/04/2020

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,803

Year Built

  • Built in 1963

Lot Details

  • 5,394 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 3,738 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Covered Parking

Listing and Financial Details

  • Tax Lot 231
  • Tax Tract Number 5357
  • Assessor Parcel Number 4013020032

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,495
  • Maintenance Expense $2,065
  • Other Expense $3,200
  • New Taxes Expense $15,882
  • Operating Expense $23,843
  • Gross Income $42,936
  • Net Operating Income $42,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,803

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: INR3*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4013020032
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 300.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 5394.00
  • Lot Size Acres: 0.1238

Multi Family

  • Gross Income: 42936.00
  • Gross Scheduled Income: 68844.00
  • Insurance Expense: 1495.00
  • Lot Size Area: 5394.0000 Square Feet
  • Maintenance Expense: 2065.00
  • Net Operating Income: 42936.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 23843.00
  • Other Expense: 3200.00
  • Other Expense Description: Utility
  • Rent Control: Yes
  • Total Expenses: 23843.00

Tax Info

  • New Taxes Expense: 15882.00
  • Tax Census Tract: 6009.12
  • Tax Lot: 231
  • Tax Tract Number: 5357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Emenogu Ethel I and Emenogu Cosmas C
Bought by
Emenogu Family Trust
Current Estimated Value
$1,394,991

Purchase Details

Listed on
Feb 4, 2020
Closed on
Dec 15, 2020
Sold by
Neo Stepney Llc
Bought by
Emenogn Ethel I and Emenogn Cosmas
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,175,000
Sold Price
$1,125,000
Premium/Discount to List
-$50,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$843,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2015
Sold by
Mid City Investments Inc
Bought by
Neo Stepney Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2015
Sold by
Avelar Everardo
Bought by
Mid City Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2014
Sold by
Avelar Elodia
Bought by
Avelar Everardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2014
Sold by
Oje Chita
Bought by
Avelar Everardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Oje Chukwudi
Bought by
Oje Chita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,685
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2010
Sold by
Emechete Okechukwu
Bought by
Oje Chita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,685
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2006
Sold by
Oniha Evans
Bought by
Emechete Okechukwu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,200
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Bougeokles George
Bought by
Oniha Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.12%

Purchase Details

Closed on
May 2, 2000
Sold by
Bougeokles George
Bought by
Bougeokles George and Bougeokles Areti
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Emenogu Family Trust -- None Listed On Document
Emenogn Ethel I $1,125,000 First American Title Company O
Neo Stepney Llc $745,000 First American Title Company
Mid City Investments Inc -- First American Title Company
Avelar Everardo -- Provident Title Company
Avelar Everardo $505,000 Provident Title Company
Oje Chita -- First American Title Co La
Oje Chita $400,000 Fatcola
Emechete Okechukwu $779,000 Security Union Title
Oniha Evans $415,000 Fidelity
Bougeokles George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emenogn Ethel I $843,750
Previous Owner Neo Stepney Llc $447,000
Previous Owner Avelar Everardo $378,750
Previous Owner Oje Chita $394,685
Previous Owner Emechete Okechukwu $584,200
Previous Owner Oniha Evans $332,000
Closed Oniha Evans $41,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $1,125,000 -4.3% $301 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $1,175,000 0.0% $314 / Sq Ft
06/29/2020 06/29/20 For Sale $1,175,000 +4.4% $314 / Sq Ft
06/14/2020 06/14/20 Off Market $1,125,000 -- --
02/14/2020 02/14/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $1,175,000 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $15,803 $1,217,734 $865,945 $351,789
2024 $15,803 $1,193,858 $848,966 $344,892
2023 $15,636 $1,170,450 $832,320 $338,130
2022 $15,935 $1,147,500 $816,000 $331,500
2021 $15,788 $1,125,000 $800,000 $325,000
2020 $11,341 $818,905 $489,025 $329,880
2019 $11,155 $802,853 $479,437 $323,416
2018 $11,085 $787,116 $470,037 $317,079
2016 $10,486 $756,361 $451,786 $304,575
2015 $9,420 $670,000 $500,000 $170,000
2014 $6,269 $418,048 $334,439 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20020984

California Regional Multiple Listing Service (CRMLS)

APN: 4013-020-032