540 East Hyde Park Place

Inglewood, CA 90302

$1,995,000
Price
11
Beds
6
Baths
5,918 Sq. Ft.
$337 / Sq. Ft.
5,918
Sq. Ft.
$337
per Sq. Ft.

Description

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...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.

Property Details for 540 East Hyde Park Place

Parking Spaces Total
9
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
5918
Property Attached YN
true
Common Walls
2+ Common Walls

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770; Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597
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LISTING UPDATED: 05/02/2024 10:49 PM

Property Details for 540 East Hyde Park Place

StatusActive
MLS #SB24087131
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770; Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597
Add your commute

Building Information for 540 East Hyde Park Place

Building/Complex540 E Hyde Park PlFloor-Stories2Residences-Pet Policy-Year Built1968Building Size-

Payment Calculator

$10,888 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 540 East Hyde Park Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $170,880
  • Gross Scheduled Income: $170,880
  • Vacancy Allowance: 5126
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $165,754
  • Net Operating Income: $113,198
  • Gross Multiplier: 11.67
  • Cap Rate: 5.65
Expense Details
  • Operating Expense: $52,556
  • Fuel Expense: $450
  • Electric Expense: $450
  • Insurance Expense: $7,102
  • Professional Management Expense: $8,544
  • Trash Expense: $900
  • Water Sewer Expense: $2,700
  • Total Expenses: $52,556
Tax / Assessment Info
  • Tax Tract Number: 4350
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 4
  • Carport Spaces: 4
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $5,500
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,940
  • Unit Type Total Rent: $1,940
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $2,850
  • Unit Type Total Rent: $2,850
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5

Property History for 540 East Hyde Park Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 540 East Hyde Park Place

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 7 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Centinela Elementary School
PublicK to 7

Crozier (George W.) Middle School
Public7 to 8

Inglewood High School
Public9 to 12

Wilder's Preparatory Academy Charter
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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540 East Hyde Park Place is a multi-family home for sale in Inglewood, CA 90302. This property was listed for sale on May 3, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,995,000. This listing's school district is Inglewood Unified School District. Nearby schools include Centinela Elementary School, Crozier (George W.) Middle School and Inglewood High School. 540 East Hyde Park Place is a 11-bed, 6-bath, 5,918 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770; Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.