Listing Detail

IAG

824 W Hyde Park Blvd, Inglewood, CA 90302

PROBATE Sale, subject to Court Confirmation, and overbidding in Court. Sale was confirmed in Court on May 19, 2021. Great 2-unit industrial building in the City of Inglewood, just East of I-405 and La Cienega Blvd, close to LAX. For Sale AFTER 55 years! Each of the 2 units offers plenty of space for light manufacturing and office space too. Listed at only $341 per SF. Both units are vacant and will be delivered vacant at COE. Front unit (824) is approx. 1,250 SF, and the back unit (826) is approx. 2,550 SF. CAP Rate and NOI is estimated based on current market rent of $1.50 per SF per month NNN. Property sits on a big lot with spacious driveway and ample parking that can also accommodate big trucks. Zoning per title is INM1. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS and WHERE IS. Buyer to conduct their own investigations. Clean environmental Phase 1 report prepared by EFI Global, will be provided by Seller.

Property Highlights
Street 824 W Hyde Park Blvd
City Inglewood
State CA
Zip 90302
Status Sold
Property Type Industrial
Asking Price $1,295,000
Sold Price $1,310,000
Year Built 1958
Building Sq Ft 3,799
CAP Rate 5.28%
Value per Square Feet $341
Broker Name Vinny Jain
Telephone (310) 207-2288
Email sales@iagpm.com
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