ATTENTION INVESTORS, OWNER USERS, DEVELOPERS! We proudly present a single-family, investment property at 627 Hill St. in prime North Inglewood, California, two miles north of the excitement of SoFi Stadium and Hollywood Park. Rarely does an opportunity like this come on the market, move-in ready for an owner user who can later develop multiple units on an expansive, R3-zoned, 11,404sf lot and or for an investor capitalizing on high rents commanded by an ideal investment. This 2-bedroom plus den, 3-full bath home has 3 separate entrances, currently utilized as a 3-unit investment property through Airbnb long-term leasing. The current owner fully renovated the property in 2021 and has spent considerable time and resources to position it for maximum profitability on Airbnb and other rental platforms, optimizing operations to ensure high consumer satisfaction, positive reviews, and return leasing. A new investor won’t need to create a business plan. The investment opportunity suits both short-term and long-term capital deployment. Actual gross income for long term monthly leasing is about $96,000/year with a 5.83% CAP rate based on new tax!
Inglewood is 5 miles east of LAX, 10 miles southwest of Downtown LA, and is home to SoFi Stadium, an entertainment and sports destination that is home to the Los Angeles Rams and the Los Angeles Chargers. It will host the College Football Championship Game in 2023 and the Opening/Closing Ceremonies of the Olympic Games in 2028. SoFi is the centerpiece of Hollywood Park, a 298-acre mixed-use development featuring retail, commercial office space, a hotel, residential units, and outdoor park spaces. A stadium shuttle from the Metro C Line goes directly to SoFi. Because of these attractions and its central location in metro Los Angeles with its proximity to LAX, beaches, and commerce, the Inglewood real estate market has experienced exponential growth the last few years. There is high demand for homes in Inglewood as investor sentiments for the area remain bullish, forecasting above average appreciation in property values.
Sold for $1,235,000
Listed by: RubyHome Corporation • Judy Lin Young • Contact: 626-215-4466
Bought with: Rodeo Realty- Brentwood
$1,235,000
627 Hill St, Inglewood, CA 90302
2beds
1,294sqft
Single Family Residence
Built in 1951
0.26 Acres Lot
$1,263,100 Zestimate®
$954/sqft
$3,511 Estimated rent
Home value
$1,263,100
$1.14M - $1.39M
$3,511/mo
Zestimate® history
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$7,972/mo
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Zillow last checked:
Listing updated:
Listed by:
Judy Lin Young DRE #01914120 626-215-4466,
RubyHome Corporation,
Debbie Efthimos DRE #02140981,
Keller Williams Realty
Bought with:
Yasmina Vahali, DRE #02193322
Rodeo Realty- Brentwood
Source: CRMLS,MLS#: PF23043121
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 2
Rooms
- Room types: Bonus Room, Bedroom, Converted Bedroom, Den, Entry/Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Quartz Counters, Tub Shower, Upgraded
Kitchen
- Features: Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Features
- Wet Bar, Built-in Features, Breakfast Area, Furnished, In-Law Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
- Flooring: Tile, Wood
- Doors: Sliding Doors
- Windows: Bay Window(s), Double Pane Windows, Drapes
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,294 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: One
- Stories: 1
- Patio & porch: Concrete, Covered
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.26 Acres
- Features: Back Yard, Front Yard, Lawn, Near Public Transit, Value In Land, Yard
Details
- Additional structures: Shed(s)
- Parcel number: 4017003004
- Zoning: INR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Additions/Alterations,Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Inglewood
Financial & listing details
- Price per square foot: $954/sqft
- Tax assessed value: $1,259,700
- Annual tax amount: $16,769
- Date on market: 3/16/2023
- Cumulative days on market: 72 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listing removed | $1,150,000-6.9%$889/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #CRPF23043121 Report a problem | ||
| 8/31/2023 | Sold | $1,235,000+7.4%$954/sqft |
Source:  CRMLS #PF23043121 Report a problem | ||
| 6/6/2023 | Pending sale | $1,150,000$889/sqft |
Source: CRMLS #PF23043121 Report a problem | ||
| 3/16/2023 | Listed for sale | $1,150,000+4.5%$889/sqft |
Source: CRMLS #PF23043121 Report a problem | ||
| 8/25/2021 | Sold | $1,100,000+0.5%$850/sqft |
Source:  CLAW #21763092 Report a problem | ||
| 8/18/2021 | Pending sale | $1,095,000-8.8%$846/sqft |
Source: CLAW #21763092 Report a problem | ||
| 1/20/2021 | Listing removed | $1,200,000$927/sqft |
Source: CLAW #21681060 Report a problem | ||
| 1/16/2021 | Listed for sale | $1,200,000+32.7%$927/sqft |
Source: Marcus & Millichap #21681060 Report a problem | ||
| 1/22/2020 | Sold | $904,000-4.8%$699/sqft |
Source: CRISNet / SRAR #SR19208756 Report a problem | ||
| 12/27/2019 | Pending sale | $950,000$734/sqft |
Source: RE/MAX One #SR19198282 Report a problem | ||
| 8/31/2019 | Price change | $950,000-10.4%$734/sqft |
Source: RE/MAX One #SR19198282 Report a problem | ||
| 8/21/2019 | Listed for sale | $1,060,000$819/sqft |
Source: RE/MAX Olson & Associates,Inc. #SR19198282 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,769 +6% | $1,259,700 +2% |
| 2024 | $15,816 +8.8% | $1,235,000 +10.1% |
| 2023 | $14,539 -2% | $1,122,000 +2% |
| 2022 | $14,833 +10.4% | $1,100,000 +20.4% |
| 2021 | $13,430 +13% | $913,365 +701.6% |
| 2020 | $11,887 +542.3% | $113,947 +2% |
| 2019 | $1,851 +3.6% | $111,714 +2% |
| 2018 | $1,786 | $109,524 +2% |
| 2017 | $1,786 +2.7% | $107,377 +2% |
| 2016 | $1,739 +3.1% | $105,272 +1.5% |
| 2015 | $1,687 +0.7% | $103,692 +2% |
| 2014 | $1,676 | $101,662 +2.5% |
| 2012 | -- | $99,221 +2% |
| 2011 | -- | $97,276 +0.8% |
| 2010 | -- | $96,550 -0.2% |
| 2009 | -- | $96,780 +2% |
| 2008 | -- | $94,884 +2% |
| 2007 | -- | $93,024 +2% |
| 2006 | -- | $91,201 |
| 2005 | -- | $91,201 +4% |
| 2004 | -- | $87,662 +1.9% |
| 2003 | -- | $86,057 +2% |
| 2002 | -- | $84,371 +4% |
| 2000 | -- | $81,097 |
Find assessor info on the county website
Neighborhood: 90302
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Nearby schools
GreatSchools rating
- 3/10Parent (Frank D.) Elementary SchoolGrades: K-8Distance: 0.7 mi
- 3/10Inglewood High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,263,100
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Estimated market value
$1,263,100
- California
- Los Angeles County
- Inglewood
- 90302
- 627 Hill St
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