6720 West Boulevard is located in Hyde Park, CA, one of the oldest neighborhoods in the city of Los Angeles and is steps away from the Edward Vincent Jr. Park. Positioned north of W Florence Avenue and west of Crenshaw Boulevard, the property is close proximity from the Fairview Heights… Read More Metro K-Line. 6720 West Blvd. offers an investor the opportunity to own a steady piece of real estate in a growing submarket within the Los Angeles Area. The property is a two-story multifamily building with 8 - two bedroom-one bathroom units, constructed in 1950 on a 10,289 SF, C2-1VL-CPIO zoned lot, with a total building size of 6,720 SF. There are 13 secured surface parking spaces on the property, and ample street parking.6720 West Blvd is strategically positioned near transportation to include The Downtown Inglewood Station which exists on the LA Metro K-Line, connecting to the C-Line and E-Line opening up areas such as Downtown LA and Long Beach. Additionally, 6720 West Blvd. is approximately1.5 miles from the I-405 freeway, connecting residents and local businesses to the greater areas of Los Angeles. Local destinations around The Florence Center include; The Inglewood Center (0.3 mi), Kaiser Permanente (0.5 mi), Edward Vincent Jr. Park (0.7 mi), Inglewood Cemetery Mortuary(1.2 mi), The Kia Forum (1.2 mi), The Sofi Stadium (1.7 mi), The Youtube Theater (1.9 mi), The Intuit Dome (2.1 mi), The Centinela Hospital Medical Center (1.8mi), and Los Angeles International Airport (3.9 mi).The current ownership has been diligently maintaining the property. Given the property's stable real estate fundamentals, 6720 West Blvd. is a solid investment for an investor seeking growth, stability, and a hedge against inflation. Read Less
Property listed by CBRE, Jenny Eng 213-613-3176
Listing Snapshot
Days Online
76
Last Updated
Property Type
Other
Beds
16
Square Ft.
6,720
Lot Size
0.24 Acres
Year Built
1950
MLS Number
25496439
Additional Details
Appliances & Equipment
Range
Building
Built in 1950, Building area total: 6,720, Levels: Two, Living area: 6720, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $200,280, Net operating income: $121,318
Laundry
None
Lot
0.2362 acres, 10,289 square feet, Size: 10,289
Parking
13 totals parking, Uncovered
Pool
None
Property
Zoning: LAC2
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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