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524 E Hazel St, Inglewood, CA 90302

List Price: $1,575,000On Market FlagOn market
Jul 28, 20254,266 sqft7 beds6 baths
Listed by: Bethany Woolf
License #: 01959296
Phone #: 310-927-8072
Californian Estates
Source:
CRMLS Logo
MLS #: 25570747

Property Description

Located on a quiet, tree-lined street in the heart of North Inglewood, this prime 6-Unit Investment Property in North Inglewood boasts an actual CAP rate of 5.99% and GRM of 11.58, with a market CAP rate of 6.2%. This well-maintained 6-unit asset offers investors strong in-place income and long-term upside in one of Los Angeles' fastest-growing markets. Just minutes from SoFi Stadium, the Hollywood Park redevelopment, and the future Crenshaw Metro line, the location offers tremendous tenant demand and future appreciation potential, providing solid returns with room to grow. All units have been tastefully upgraded with laminate flooring, modern finishes, and stainless steel appliances. Additional improvements include a newer roof, copper plumbing, and fresh exterior paint. Zoned R3, the site also offers future development flexibility. This is an ideal opportunity for both seasoned and first-time multifamily investors looking for a low maintenance and consistent cashflow asset.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,907

TurboHome Estimated Value

$1,484,400

$348 sqft

High Valuation
$1,558,620
$365/sqft
Normal Valuation
$1,484,400
$348/sqft
Low Valuation
$1,410,180
$331/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$348/sqft$1,484,400

Neighborhood

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Comparative Value

$1.15M

$1.21M

$1.28M

$1.32M

$1.40M

$1.57M

936 N Inglewood Ave, Inglewood, CA 90302

Sale Price: $1,150,000

Selected Comparable

124 N Inglewood Ave, Inglewood, CA 90301

Sale Price: $1,210,000

Selected Comparable

214 W Hillcrest Blvd, Inglewood, CA 90301

Sale Price: $1,285,000

Selected Comparable

7021 Ramsgate Pl, Los Angeles, CA 90045

Sale Price: $1,325,000

Selected Comparable

7045 S La Cienega Blvd, Los Angeles, CA 90045

Sale Price: $1,400,000

Selected Comparable

524 E Hazel St, Inglewood, CA 90302

List Price: $1,575,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
524 E Hazel St, Inglewood, CA 90302

524 E Hazel St, Inglewood, CA 90302

List: $1,575,000

Listed: 7/28/2025

Area:4,266 sqft
Price/sqft:$369
Beds:7
Baths:6
Year Built:
Lot Size:6,277

Comparable Properties

COMPARABLE
Choose comps
7021 Ramsgate Pl, Los Angeles, CA 90045

7021 Ramsgate Pl, Los Angeles, CA 90045

Sale: $1,325,000

7/15/20251.46 mi

Area:3,972 sqft
Price/sqft:$334
Beds:7
Baths:6
Year Built:
Weight:24.2%
936 N Inglewood Ave, Inglewood, CA 90302

936 N Inglewood Ave, Inglewood, CA 90302

Sale: $1,150,000

5/22/20250.76 mi

Area:4,651 sqft
Price/sqft:$247
Beds:7
Baths:7
Year Built:
Weight:21.0%
214 W Hillcrest Blvd, Inglewood, CA 90301

214 W Hillcrest Blvd, Inglewood, CA 90301

Sale: $1,285,000

11/27/20241.27 mi

Area:4,237 sqft
Price/sqft:$303
Beds:8
Baths:6
Year Built:
Weight:18.7%
124 N Inglewood Ave, Inglewood, CA 90301

124 N Inglewood Ave, Inglewood, CA 90301

Sale: $1,210,000

11/5/20240.97 mi

Area:3,746 sqft
Price/sqft:$323
Beds:7
Baths:5
Year Built:
Weight:18.4%
7045 S La Cienega Blvd, Los Angeles, CA 90045

7045 S La Cienega Blvd, Los Angeles, CA 90045

Sale: $1,400,000

10/15/20241.28 mi

Area:3,706 sqft
Price/sqft:$378
Beds:7
Baths:5
Year Built:
Weight:17.7%

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