523 E Hazel Street, Inglewood, CA 90302
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
523 E Hazel Street,Inglewood, CA 90302
$2,595,000
- - Beds
- - Baths
- 8,525 sq. ft.
- Multi-family
- Active
Listed by:brett lyon
Office:lyon stahl investment real estate, inc.
MLS#:SB25175162
Source:CRMLS
Price summary
- Price:$2,595,000
- Price per sq. ft.:$304.4
About this home
523 Hazel Street offers a compelling opportunity to acquire a 10-unit apartment building in Northwest Inglewood, one of LA’s most active and improving rental markets. Situated on a 10,016 SF lot, the property features 8,535 rentable square feet and a well-balanced unit mix that appeals to both families and individual renters.
The mix includes (1) 3-Bed/3-Bath, (1) 2-Bed/2-Bath, (2) 2-Bed/1.5-Bath, (1) 2-Bed/1-Bath, and (5) 1-Bed/1-Bath units, offering a strong balance of spacious layouts and efficient floor plans. With an attractive entry CAP rate of 5.71%, pricing at $259,500 per unit and just $304.40 per square foot, the asset provides solid in-place cash flow with room to grow. Investors can target approximately 10% rental upside, supporting a projected market CAP rate of 6.60%.
Located only 2.5 Miles from SoFi Stadium and the Intuit Dome and surrounded by quiet residential blocks, the property is ideally positioned within a neighborhood seeing sustained tenant demand and long-term appreciation. With its desirable location, healthy returns, and proven upside, 523 Hazel Street represents a strong multifamily investment in the path of continued growth.
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Home facts
- Year built:1960
- Listing ID #:SB25175162
- Added:51 day(s) ago
- Updated:September 21, 2025 at 01:19 PM
Rooms and interior
- Living area:8,525 sq. ft.
Structure and exterior
- Year built:1960
- Building area:8,525 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,595,000
- Price per sq. ft.:$304.4
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