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524 E Hazel St
Off-Market Call for Pricing
Call for Pricing
- 6 Units
- 4,266 Sq Ft
- 6,277 Sq Ft
- Unknown Cap Rate
Description
Located on a quiet, tree-lined street in the heart of North Inglewood, this prime 6-Unit Investment Property in North Inglewood boasts an actual CAP rate of 5.99% and GRM of 11.58, with a market CAP rate of 6.2%. This well-maintained 6-unit asset offers investors strong in-place income and long-term upside in one of Los Angeles' fastest-growing markets. Just minutes from SoFi Stadium, the Hollywood Park redevelopment, and the future Crenshaw Metro line, the location offers tremendous tenant demand and future appreciation potential, providing solid returns with room to grow. All units have been tastefully upgraded with laminate flooring, modern finishes, and stainless steel appliances. Additional improvements include a newer roof, copper plumbing, and fresh exterior paint. Zoned R3, the site also offers future development flexibility. This is an ideal opportunity for both seasoned and first-time multifamily investors looking for a low maintenance and consistent cashflow asset.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,575,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,266 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1958 |
| Last Sold | February 13, 2026 |
| Sold Price | 1,550,000 |
| APN # | 4015009010 |
| MLS # | 25570747 |
| Property ID | 318686027 |
| Lot Sqft | 6,277 |
| Zoning | INR3* |
| Total Units | 6 |
| Date Updated | February 23, 2026 |
| Date Created | July 28, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $2,182 | $2,182 |
| Unit #2 | 1 | 1.00 | $1,808 | $9,040 |
| Gross Income (Yr) | $ 132,552 |
| Operating Expenses | $ 38,261 |
| Net Income (Yr) | $ 94,291 |
| Cap Rate | 5.99% |
Listing Provided By
Bethany Woolf an agent of Californian Estates. Lic #01959296
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Robert Crawford
REAL ESTATE AGENT