Inglewood, CA 90302,523 E Hazel Street
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Inglewood, CA 90302,523 E Hazel Street
Inglewood, CA 90302,523 E Hazel Street
Inglewood, CA 90302,523 E Hazel Street
Inglewood, CA 90302,523 E Hazel Street
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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 2,595,000
Est. payment /mo
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523 E Hazel Street Inglewood, CA 90302

8,525 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,525 sqft

Price per Sqft $304

MLS Listing ID CRSB25175162

HOA Y/N No

Year Built 1960

Lot Size 10,016 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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