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$2,250,000

Beds
16
sq ft
6,720

6720 West Blvd, Los Angeles, CA 90043

6720 West Blvd

Los Angeles, CA 90043

  • 51 days on market
    • Price drop $50,000↓
6720 West Boulevard is located in Hyde Park, CA, one of the oldest neighborhoods in the city of Los Angeles and is steps away from the Edward Vincent Jr. Park. Positioned north of W Florence Avenue and west of Crenshaw Boulevard, the property is close proximity from the Fairview Heights Metro K-Line. 6720 West Blvd. offers an investor the opportunity to own a steady piece of real estate in a growing submarket within the Los Angeles Area. The property is a two-story multifamily building with 8 - two bedroom-one bathroom units, constructed in 1950 on a 10,289 SF, C2-1VL-CPIO zoned lot, with a total building size of 6,720 SF. There are 13 secured surface parking spaces on the property, and ample street parking.6720 West Blvd is strategically positioned near transportation to include The Downtown Inglewood Station which exists on the LA Metro K-Line, connecting to the C-Line and E-Line opening up areas such as Downtown LA and Long Beach. Additionally, 6720 West Blvd. is approximately1.5 miles from the I-405 freeway, connecting residents and local businesses to the greater areas of Los Angeles. Local destinations around The Florence Center include; The Inglewood Center (0.3 mi), Kaiser Permanente (0.5 mi), Edward Vincent Jr. Park (0.7 mi), Inglewood Cemetery Mortuary(1.2 mi), The Kia Forum (1.2 mi), The Sofi Stadium (1.7 mi), The Youtube Theater (1.9 mi), The Intuit Dome (2.1 mi), The Centinela Hospital Medical Center (1.8mi), and Los Angeles International Airport (3.9 mi).The current ownership has been diligently maintaining the property. Given the property's stable real estate fundamentals, 6720 West Blvd. is a solid investment for an investor seeking growth, stability, and a hedge against inflation.

Details

Property type

Est. home value

$2,331,868

Lot size

0.2362 acres

Price per sq ft

$335

Year built

1950

HOA

No

Price History

03/21/2025
CLAW

CLAW #25496439

Price change
$2,250,000
-2.17%
02/10/2025
CLAW

CLAW #25496439

Listed
$2,300,000
+21.37%
12/13/2019
CLAW

CLAW #19472880

Sold
$1,895,000
+48.05%

Schools & Community

Neighborhood: 

Hyde Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

May 2021

Original loan amount

$1,517,750

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Commercial

Seller

Loker Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 7:55 PM

Listing updated: 03/21/2025 at 9:14 AM

Listed by: Jenny Eng, CBRE Phone #: (213) 613-3176

MLS: CLAW #25496439

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