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Carole Waldchen, GRI, CSA, SRES
(858) 792-6085

cwaldchen@sbcglobal.net

DRE# 1414309
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Carole Waldchen, GRI, CSA, SRES
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(858) 792-6085

cwaldchen@
sbcglobal.net

DRE# 1414309
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(858) 792-6085
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SOLD
$1,620,000
Date 03/12/2024

629 Hardin Drive
Inglewood, CA 90302

Mixed Use
Residence
4,248
Sqft
0.204
Lot Size
Listing Agent: John Chelius CalDRE: 01936287 - Property Works RE, Inc., 310-722-0360
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.
PW23206291
Mixed Use, 2 Story
Los Angeles
1956
0.204 Acres
Public
2
Public Sewer
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Listing Agent: John Chelius CalDRE: 01936287 - Property Works RE, Inc., 310-722-0360
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