Hyde Park Multifamily – Acquisition

Inglewood, CA


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place acquisition financing on a multifamily property located in Inglewood, CA.

Property Description

The asset is 6-unit multifamily building. Each unit is 2 bed, 2 bath totaling nearly 7,000 SF on a 19,000 SF lot. The property in non-rent control.


The sponsor is a couple that’s been investing in single and multifamily residential properties for decades. This purchase is part of a 1031 exchange.


  • The property has deferred maintenance that needs to be taken care of.


  • Funding secured with an investment group that was able to give the client good terms.
  • After maintenance is taken care of, rents will be raised to market rate.


  • Loan to Value: 65%
  • Interest Rate: 4.37%
  • Amortization: 30 years
  • Term: 10 years
  • Recourse: Carve outs
  • Prepayment: Allowed

Senior Director  | Capital Advisor