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.
Sold for $1,620,000
Listed by: Property Works RE, Inc. • John Chelius • Contact: 310-722-0360
Bought with: Figure 8 Realty
$1,620,000
629 Hardin Dr, Inglewood, CA 90302
10beds
5baths
4,248sqft
Mixed Use
Built in 1956
-- sqft lot
$1,717,200 Zestimate®
$381/sqft
$2,576 Estimated rent
Home value
$1,717,200
$1.55M - $1.92M
$2,576/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Chelius DRE #01936287 310-722-0360,
Property Works RE, Inc.
Bought with:
Scott Harvey, DRE #01963157
Figure 8 Realty
Justin Setareh, DRE #02142832
Figure 8 Realty
Source: CRMLS,MLS#: PW23206291
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,248
- Total interior livable area: 4,248 sqft
Property
Parking
- Total spaces: 10
- Parking features: Assigned
- Garage spaces: 5
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: None
Lot
- Size: 8,886 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4017034005
- Zoning: INR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Inglewood
Financial & listing details
- Price per square foot: $381/sqft
- Date on market: 11/6/2023
- Cumulative days on market: 47 days
- Listing terms: Cash to New Loan
- Total actual rent: 10938
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2024 | Sold | $1,620,000$381/sqft |
Source:  CRMLS #PW23206291 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90302
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Nearby schools
GreatSchools rating
- 6/10Highland Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Parent (Frank D.) Elementary SchoolGrades: K-8Distance: 0.7 mi
- 3/10Inglewood High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,717,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,717,200
- California
- Los Angeles County
- Inglewood
- 90302
- 629 Hardin Dr
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