567 East 67th Street

Inglewood, CA 90302

$1,950,000
Price
14
Beds
8
Baths
6,732 Sq. Ft.
$290 / Sq. Ft.
6,732
Sq. Ft.
$290
per Sq. Ft.

Description

Outstanding North Inglewood Location | Located Approximately 1.5 Miles from SoFi Stadium & The Forum, and 2 Miles from Intuit Dome (NBA Clippers Arena) | 5.24% Current Cap Rate & 11.92 Current GRM | 7.91% Pro-Forma Cap Rate & 8.95 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Five) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Large 8,281-SF LotAssumable Loan of Approximately $950,000 at 3.60% Fixed Until July...Outstanding North Inglewood Location | Located Approximately 1.5 Miles from SoFi Stadium & The Forum, and 2 Miles from Intuit Dome (NBA Clippers Arena) | 5.24% Current Cap Rate & 11.92 Current GRM | 7.91% Pro-Forma Cap Rate & 8.95 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Five) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Large 8,281-SF LotAssumable Loan of Approximately $950,000 at 3.60% Fixed Until July of 2026 | On-Site Laundry Facility & Private Patios | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX Airport and Upcoming $1 Billion Inglewood Transit Connector Project
  1. Listed by Jonathan Nikfarjam • DRE #01856803 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 567 East 67th Street

Zoning
INR3*
Cross Streets
67th Street & Hyde Park Boulevard
Parcel Number
4014023007
Total Units
7.0
Living Area
6732
Source Living Area
Estimated
Area
North Inglewood (101)
Vacancy Rate
0

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803
Add your commute
LISTING UPDATED: 03/15/2024 04:55 PM

Property Details for 567 East 67th Street

StatusActive
MLS #24-361047
Days on Market67
Taxes$27,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.19 AC / 8,281 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803
Add your commute

Building Information for 567 East 67th Street

Stories2Residences-Year Built1961Building Size-Lot Size0.19 AC / 8,281 SF

Payment Calculator

$12,917 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,642

Property Taxes

$2,275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 567 East 67th Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 3, 2 & 1 BD
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $157,075
  • Net Operating Income: $102,209.00
  • Gross Income: $163,620
  • Cap Rate: 5.24%
  • Gross Rent Multiplier: $11.92
  • Actual Annual Gross Rent: $163,620.00
  • Actual Gross Annual Income: $163,620
  • Actual Rent Total: $163,620.00
  • Vacancy Allow Dollar: $6,544.00
  • Vacancy Allow Percent: 4.00%
  • Total Annual Expense: 54865
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Paved: Yes
  • Lot Acreage: 0.1902
  • Lot Size Square Feet: 8281
Parking Details
Parking Details
  • Parking Garage: Carport, Garage, Uncovered
  • Total Parking: 8
  • Parking Features: Carport, Garage, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Dryer, Washer
  • Laundry: Community, Laundry Area, Room
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-22-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,367.00
  • Unit Actual Rent: $1,367.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $1,600.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,496.00
  • Unit Actual Rent: $1,496.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,468.00
  • Unit Actual Rent: $1,468.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,704.00
  • Unit Actual Rent: $2,704.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Number of Electric Meters: 7
  • Number of Gas Meters: 7
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: 1.40%
  • Assessed Improvement Value: $153,466.00
  • Assessed Improvement Percent: 41.67
  • Assessed Land Value: $214,854.00
  • Assessed Land Percent: 58.33
  • Assessed Total Value: $368,320.00

Property History for 567 East 67th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 567 East 67th Street

Taxable ValueLand$214,854Additions$153,766Total$368,620
Tax Record2023$6,643 ($554 / month)
Home Facts
Total Finished SqFt6,732 SqFtAbove Grade Finished SqFt6,732 SqFtLot Size8,281 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningINR3*CountyLOS ANGELESAPN4014-023-007

Schools near 567 East 67th Street

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Centinela Elementary School
PublicK to 7

Crozier (George W.) Middle School
Public7 to 8

Inglewood High School
Public9 to 12

Grace Hopper Stem Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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567 East 67th Street is a multi-family home for sale in Inglewood, CA 90302. This property was listed for sale on February 22, 2024 by Shield CRE, Inc., it's currently listed at $1,950,000. It has been on the market for a total of 67 days and was last sold on January 21, 1998. This listing's school district is Inglewood Unified School District. Nearby schools include Centinela Elementary School, Crozier (George W.) Middle School and Inglewood High School. 567 East 67th Street is a 14-bed, 8-bath, 6,732 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.