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7-Unit Apartment Located in the Hyde Park Neighborhood of Los Angeles | Large 9,477-SF Lot | Rare LAR3 TOC Tier 3 Zoning - Build Up to 21 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 90% in Rental Upside | 10.21% Pro-Forma Cap Rate & 6.78 Pro-Forma GRM | Unit Mix of (One) 2-Bedroom/1-Bathroom House & (Six) 1-Bedroom/1-Bathroom Units | Located Just a Few Blocks from Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) | Offered at $150,000 Per Unit & $282 Per SF | Located 2 Miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium & The Forum and Approximately 2.5 Mile from Intuit Dome (NBA Clippers Arena)
Property Type(s):
Residential Income
| Last Updated | 5/15/2025 | Year Built | 1953 |
|---|---|---|---|
| Community | Park Hills Heights | County | Los Angeles |
Additional Details
| AREA | Park Hills Heights |
|---|---|
| GARAGE | Assigned, Uncovered |
| LOT | 9477 sq ft |
| PARKING | Assigned,Uncovered |
| STORIES | 1 |
| ZONING | LAR3 |
Location
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Listed with Shield CRE, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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