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523 Hazel Street, Inglewood, CA 90302
Priced at Only: $2,595,000
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Address: 523 Hazel Street, Inglewood, CA 90302
Property Location and Similar Properties
- MLS#: SB25175162 ( Commercial/Residential )
- Street Address: 523 Hazel Street
- Viewed: 1
- Price: $2,595,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1960
- Bldg sqft: 0
- Days On Market: 183
- Additional Information
- County: LOS ANGELES
- City: Inglewood
- Zipcode: 90302
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Brett Brett

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Description523 Hazel Street offers a compelling opportunity to acquire a 10 unit apartment building in Northwest Inglewood, one of LAs most active and improving rental markets. Situated on a 10,016 SF lot, the property features 8,535 rentable square feet and a well balanced unit mix that appeals to both families and individual renters. The mix includes (1) 3 Bed/3 Bath, (1) 2 Bed/2 Bath, (2) 2 Bed/1.5 Bath, (1) 2 Bed/1 Bath, and (5) 1 Bed/1 Bath units, offering a strong balance of spacious layouts and efficient floor plans. With an attractive entry CAP rate of 5.71%, pricing at $259,500 per unit and just $304.40 per square foot, the asset provides solid in place cash flow with room to grow. Investors can target approximately 10% rental upside, supporting a projected market CAP rate of 6.60%. Located only 2.5 Miles from SoFi Stadium and the Intuit Dome and surrounded by quiet residential blocks, the property is ideally positioned within a neighborhood seeing sustained tenant demand and long term appreciation. With its desirable location, healthy returns, and proven upside, 523 Hazel Street represents a strong multifamily investment in the path of continued growth.
Features
Building Area Total
- 8525.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 180
Entry Location
- Front Gate
Garage Spaces
- 0.00
Gardner Expense
- 1800.00
Insurance Expense
- 12788.00
Laundry Features
- Community
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 148066.00
Newtaxesexpense
- 34675.00
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Otherexpense
- 8500.00
Otherexpensedescription
- Utility
Parcel Number
- 4015006030
Parking Features
- Carport
Pool Features
- None
Professionalmanagementexpense
- 13260.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 444473146:CRM
Totalexpenses
- 80652.00
Trash Expense
- 0.00
Vacancyallowance
- 12038
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1960
Year Built Source
- Public Records
Zoning
- INR3*
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com























