523 Hazel Street offers a compelling opportunity to acquire a 10-unit apartment building in Northwest Inglewood, one of LA’s most active and improving rental markets. Situated on a 10,016 SF lot, the property features 8,535 rentable square feet and a well-balanced unit mix that appeals to both families and individual renters. The mix includes (1) 3-Bed/3-Bath, (1) 2-Bed/2-Bath, (2) 2-Bed/1.5-Bath, (1) 2-Bed/1-Bath, and (5) 1-Bed/1-Bath units, offering a strong balance of spacious layouts and efficient floor plans. With an attractive entry CAP rate of 5.71%, pricing at $259,500 per unit and just $304.40 per square foot, the asset provides solid in-place cash flow with room to grow. Investors can target approximately 10% rental upside, supporting a projected market CAP rate of 6.60%. Located only 2.5 Miles from SoFi Stadium and the Intuit Dome and surrounded by quiet residential blocks, the property is ideally positioned within a neighborhood seeing sustained tenant demand and long-term appreciation. With its desirable location, healthy returns, and proven upside, 523 Hazel Street represents a strong multifamily investment in the path of continued growth.
MLS #
CRSB25175162
MLS Source
California Regional MLS
Days on Site
16
Laundry
Community Facility
Garage/Parking
Carport, Garage: 0 Car(s)
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Co-Listing Agent
Woody Stahl
License #: 01399621
Phone: (310) 425-9838
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
523 E Hazel St is a Residential Income in Inglewood, CA 90302. This – square foot property sits on a 10,016 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,595,000 and was built in 1960.
This address can also be written as 523 E Hazel St, Inglewood, CA 90302.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 05, 2025. For the most current information, please contact Brett Lyon, (310) 706-4066