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Property profile & analytics
OFF-MARKET Estimated value $2,330,000
Manufacturing properties

956 Hyde Park Blvd Inglewood, CA 90302-3308

18,314 SF 0.43 ac lot Built 1952
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US10-0214315
Property summary
AI-generated overview

This exceptional 18,131-square-foot executive office space is located at 956 W Hyde Park Blvd in Inglewood, California, within Los Angeles County, zip code 90302. The property is classified as an office building, specifically an executive office subtype. Currently, the building is under lease until February 28, 2027, however, the existing tenant has vacated the premises, and the seller is open to negotiating a lease termination at closing. This presents a unique opportunity for immediate occupancy. The building boasts attractive features including a minimum 12-foot clear height and a well-maintained interior. The property is described as a lower Westside creative industrial building, featuring approximately 2,000 square feet of office space. The power distribution system is described as "bow truss/clean/distributed." The sale of this property is contingent upon the seller completing a 1031 tax-deferred exchange. This presents a compelling investment opportunity for buyers seeking a move-in ready executive office space in a desirable Inglewood location. The property's coordinates are latitude 33.9649296 and longitude -118.3685354.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1952
Construction TILT-UP CONCRETE
Total area 18,314 SF
Lot 0.43 ac (18,606 SF)
Zoning code INM1*
APN 4018-002-002
UPID US10-0214315
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marty’s V Twin Motorcycle Repair Gas Station
  • Hyphen LAX Production Facility
  • Garage Company Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.33M
Owner & transaction history
Ibc Realty Partners 956 Hyde Park L · 3 yrs held
Ibc Realty Partners 956 Hyde Park L
since 2022
Last sale
$2.2M
7 recorded transactions
2022
Price N/A
2020
$2.2M
2014
Price N/A
2014
Price N/A
2005
Price N/A
1996
Price N/A
1993
Price N/A
Zoning & alternative use
INM1* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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