$1,650,000
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629 Hardin DR Inglewood, CA 90302
4,248 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,248 sqft
Price per Sqft $381
MLS Listing ID PW23206291
Year Built 1956
Lot Size 8,886 Sqft
Property Description
Substantially improved 5 unit apartment building in Northwest Inglewood with the ability to construct a 3 bed 2 bath ADU in the tuck under garages. Soft story retrofit work has already been completed. Phenomenal unit mix consisting of (5) 2 bed 1 bath units, two with large gated yards. 5 garage spaces with 5 additional uncovered spaces. Three units have been completed gutted and feature interior W/D units, new vinyl windows, plumbing and electrical upgrades, quartz counters, and new appliances. 5.35% CAP rate on actual financials adjusting for property taxes. 6.40% pro form CAP rate after renovating the remaining two original units. Potential 7.15%+ CAP rate after constructing an ADU.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Laundry Inside
Exterior
Garage Assigned
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Scott Harvey • Figure 8 Realty