Mixed-Use Property with Separate
For Sale
$948,000
707 E 65th, Inglewood, CA 90302
Multiple living spaces, commercial zoning, and a converted garage create a flexible mixed-use configuration.
Property Size2,596 SF
Days on Market47
Property Features for 707 E 65th
General Information
Standard status
Active
Size
2,596 SF
Property subtype
Investment
Site & Location
Neighborhood
Fairview Heights
Public Transit
Yes
Building Details
Building Size
2,596 SF
Year Built
1922
Stories
1
Units
3
Listing Agency:
Luxury Collective
Listed By:
Eric Delgado · License #01831579
(310) 909-3464
Source:
Elliman
Added: Sep 9
Changed: Oct 23
Last Checked: Oct 24 at 7:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxury Collective
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Investment Insights
Based on property information with market context.
Built in 1922, this mixed-use property combines multiple existing living spaces with separate entrances and additional usable space in a converted garage. The configuration includes addresses associated with 707 E 65th Street, 700 Hyde Park Boulevard, and 704 Hyde Park Boulevard, along with other existing spaces. Commercial zoning adds flexibility for a range of property uses, subject to independent verification of permitted uses, permits, unit count, square footage, and related requirements.
The property is in Inglewood with access to major thoroughfares, shopping, dining, employment centers, and transportation. WalkScore is 80, BikeScore is 57, and TransitScore is 52. Its location also provides access to South Los Angeles, LAX, SoFi Stadium, Intuit Dome, and surrounding communities.
The property is in Inglewood with access to major thoroughfares, shopping, dining, employment centers, and transportation. WalkScore is 80, BikeScore is 57, and TransitScore is 52. Its location also provides access to South Los Angeles, LAX, SoFi Stadium, Intuit Dome, and surrounding communities.
Key Highlights
- Multiple existing living spaces with separate entrances
- Converted garage provides additional usable space
- Commercial zoning supports a mixed‑use configuration, subject to verification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,781
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,620
$895.6K
Cap Rate 7%
$639,729
$639.7K
Cap Rate 9%
$497,567
$497.6K
Market Conditions
NOI Build-Up for 2,596 SF
Gross rent
$77.9K $30.00/SF
− Vacancy
−$6.2K −$2.40/SF
EGI
$71.6K $27.60/SF
− OpEx
−$26.9K −$10.35/SF
NOI
$44.8K $17.25/SF
Area
Inglewood, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,620
Cap Rate 7%
$639,729
Cap Rate 9%
$497,567
Alternative Uses
Best Use
Mixed Use
$639.7K
$559.8K – $746.4K
NOI $44,781 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$459.4K
$402.0K – $535.9K
NOI $32,156 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$1.06M
$926.8K – $1.24M
NOI $74,142 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 90302, CA
29,264
Population
11,366
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
15,402
Density / Sq Mi
$72,461
Median Household Income
$37,675
Median Earnings
$1,784
Median Rent
$731,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multiple living spaces, commercial zoning, and a converted garage create a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 707 E 65th Inglewood, CA.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Multiple existing living spaces with separate entrances; Converted garage provides additional usable space; Commercial zoning supports a mixed‑use configuration, subject to verification
