Get the App

6720 West Boulevard, Los Angeles, CA 90043

Commercial property · 3 recorded sales since 2017

$2,335,000Sold July 2021

Listing Agent: Nico Rosmarin (DRE #02023847) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Emily Palmer · Crest Funding Group · MLS #SB21153093 · Source: CRMLS

6,720
Building Sq Ft
8
Units
6.12%
Cap Rate
$143,407
NOI
10,286 sqft
Lot Size
1950
Year Built
Commercial property
Type

About this commercial property

We are proud to present 6720 West Boulevard, a beautifully renovated, turnkey, 8-unit apartment building, located in the up and coming Hyde Park neighborhood of Los Angeles. Built in 1950, the 6,720 square foot building sits on a large 10,286 square foot lot and is comprised of eight (8) two-bedroom/one-bathroom units. All but one unit has been completely remodeled featuring AC, new vinyl flooring, remodeled kitchens and bathrooms, copper plumbing throughout, and an upgraded roof. Each unit has its own water heater and is separately metered for gas & electricity, plus there is an additional 9th gas & electric meter for the entire building. The property has communal laundry area with washer/dryer as well as 12 parking spaces on-site. 6720 West Boulevard is located in close proximity to the nearly completed Hyde Park Station of the Crenshaw Metro Line offering tenants easy transit to much of Los Angeles. Additionally, the location is approximately three miles north of SoFi Stadium and the future site of the Los Angeles Clippers. With the ease of transportation, as well as the economic growth provided by Inglewood’s rapid growth, 6720 West Blvd offers an excellent opportunity for an astute investor.

Listing description from the July 2021 sale, as reported to CRMLS.

Sale history

$2,335,000
Sold July 2021 · on market November 2020 · MLS #SB21153093 · Source: CRMLS
Listing Agent: Nico Rosmarin · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Emily Palmer · Crest Funding Group
$1,895,000
Sold December 2019 · listed $1,899,800, on market May 2019 · MLS #19472880 · Source: CRMLS
Listing Agent: Vinnie Park · Listing Office: Coldwell Banker Residential Brokerage · Contact: 323-464-9272 · Bought with: Paul Fisher · RE/MAX ESTATE PROPERTIES
$1,280,000
Sold June 2017 · listed $1,299,000, on market April 2017 · MLS #PW17078559 · Source: CRMLS
Listing Agent: Steven Bogoyevac · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: Daniel Lewin · Marcus & Millichap
See homes for sale in Los Angeles Open the Nalren App

Explore Los Angeles