637 Hardin Drive
Inglewood, CA 90302
MLS #17199198

Income
  • 5units
  • 4,222sq ft
$1,400,000
Est. P&I payment: $5347.05/mo
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Description for 637 Hardin Drive, Inglewood, CA 90302
Five unit apartment building in very desirable area of Inglewood. Less than 10 minutes from new La Rams stadium being built, Fabulous Forum as well as the Hollywood Park redevelopment project already under construction. Please do not disturb tenants, showing with accepted offer. Twenty plus percent upside from current rents, no rent control!
MLS #17199198
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My Notes for MLS #17199198

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 5
  • Year Built: 1956
  • Zoning: INR3YY
  • Improvements Amount: 150,833
  • Land Value: 374,484

Exterior Features

  • Construction Materials: Vinyl Siding
  • Stories Total: 2
  • Lot Features: Sprinklers None
  • Lot Size SqFt: 6,570
  • Lot Size Units: Square Feet
  • Garage Spaces: 5
  • Parking Total: 5

Utility Features

  • Laundry Features: None
  • Appliances: None

Financial Features

  • CapRate: 2.45
  • Electric Expense: 3,000
  • Insurance Expense: 3,125
  • Maintenance Expense: 2,400
  • Net Operating Income: 34,277
  • Other Expense: 2,000
  • Price Per SqFt: 331.6
  • Professional Management Expense: 3,600
  • Total Expenses: 32,059
  • Trash Expense: 1,500
  • Gross Multiplier: 20.47
  • Gross Operating Income: 68,388
  • Licenses Expense: 84
  • Total Actual Rent: 68,388

Miscellaneous Features

  • Building Area Total: 4,222
  • Days On Market: 406
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 406

Location

 
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Directions to 637 Hardin Drive, Inglewood, CA 90302
Take exit La Cienega Blvd. from 405 N. Continue north on La Cienega Blvd. Turn right on Glenway Drive. Turn Left onto Hardin Drive.
Listing information for 637 Hardin Drive, Inglewood, CA 90302 was graciously provided by our friends at the listing brokerage, Premier Real Estate & Brokerag and by listing agent Eason Angela DRE# 02002762

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 1:59pm
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