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Inglewood, CA 90302 540 Hyde Park Place

$1,995,000

540 Hyde Park Place Inglewood, Ca - Image 1540 Hyde Park Place Inglewood, Ca - Image 2540 Hyde Park Place Inglewood, Ca - Image 3
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Presented By: Stephen Takahashi with Lyon Stahl Investment Real Estate, Inc.; 310-403-9145
  • MLS# SB24087131
  • 05/02/2024
  • Request Tour
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  • BedBeds • 11
  • BathBaths • 6
  • FootageSQFT • 5,918
  • GarageGarage • 4

Home Details

Welcome to 540 Hyde Park Place in the up-and-coming city of Inglewood, a charismatic 5-unit apartment building poised on an 7,835 sq ft lot. A beacon for investors, this property vibrates with robust cash flows and growth potential, reflective of Inglewood's vibrant transformation. The highlight is the substantial main unit, set to be delivered vacant, offering an ideal scenario for an owner-occupant or for swiftly initiating rental income. Featuring diverse floor plans, ample parking, and tranquil outdoor communal areas, this complex aligns perfectly with Inglewood's dynamic evolution. Embrace the opportunity to be a part of this community's renaissance and watch your investment flourish in an area burgeoning with development and opportunity.
Presented By: Stephen Takahashi with Lyon Stahl Investment Real Estate, Inc.; 310-403-9145

Interior Features for 540 Hyde Park Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixPlace
Total Stories2

Other Rooms

Entry Level1

General for 540 Hyde Park Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.65
Carport Spaces4.0
Carport Y/NYes
CityInglewood
Community FeaturesSidewalks, Urban
CountyLos Angeles
Days on Market
DirectionsTake the 105 E toward the 405 N. Merge onto La Cienega blvd. Turn left on Hyde Park Pl.
Electric Expense450.0
Entry LocationFront
Expected Active Date 2024-05-03
Fuel Expense450.0
Garage Spaces4.0
Garage Y/NYes
Gross Income170880.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense7102.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet7835.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income113198.0
New ConstructionNo
Open Parking Spaces1.0
Operating Expense52556.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHyde Park
Tax Lot32
Total Units5
Trash Expense900.0
View Y/NNo
Water Sewer Expense2700.0
Waterfront Y/NNo
Year Built1968
Year Built SourcePublicRecords

Exterior for 540 Hyde Park Place

Building Area Total5918.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1799
Lot Size Area7835.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Open Parking Y/NNo
SpaNo
Total Parking9.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,995,000
MLS#SB24087131
List Date 05/02/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors