This offering presents an excellent opportunity for an investor to acquire an asset with a desirable unit mix, spacious floor plans, and 21 rental upside in a redeveloping rental submarket.
2815 Hyde Park Boulevard is a 3,956-square foot 1956 construction fourplex on a large corner lot, and the building offers one… Read More three-bed/two-bath unit, two two-bed/one-baths, and one one-bed/one-bath. The property also features a large fenced patio, two two-car garages, a single-car garage, and tandem driveway parking.The three-bedroom unit was recently renovated and boasts upgrades that include quartz countertops, laminate flooring, and more.
The property is located less than a half-mile from the Crenshaw/LAX Metro K Line that opened in 2022; the metro line continues to spur a flurry of multifamily developments in the area thanks to Transit-Oriented Communities (TOC) incentives. 2815 Hyde Park Boulevard is zoned Tier 1 TOC (buyer to verify). Read Less
Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
Listing Snapshot
Days Online
12
Last Updated
Property Type
MixedUse
Lot Size
0.15 Acres
Year Built
1956
MLS Number
PW26029178
Additional Details
Building
Built in 1956, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $33,266
Garage
5 spaces
Income
Gross ScheduledIncome: $91,096, Net Operating Income: $53,275
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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