579 Hyde Park Place, Inglewood, CA 90302
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
579 Hyde Park Place,Inglewood, CA 90302
$1,750,000
- 8 Beds
- 7 Baths
- 4,277 sq. ft.
- Multi-family
- Active
Listed by:nabil awada
Office:matthews real estate investment services
MLS#:24472243
Source:CRMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$409.17
About this home
We're proud to present 579 Hyde Park Place located in the highly desirable northwest Inglewood area. This 7-unit apartment building is an opportunity for an investor to own a value-add asset in a high demand rental market with tremendous growth potential in the City of Champions. On the market for the first time in over 50 years, the property features a total of 7-units comprised of a desirable mix of (1) two-bed/one-bath and (6) one-bed/one-bath units. Parking is at the rear of the property along with a separate laundry room. Units are individually metered for electricity and gas keeping utility costs relatively low. The current owners have spent $150k+ in major capex improvements. This includes new walkways, railing, and steps, and is SB721 compliant. Electrical systems have been fully re-done and upsized with new mains and subpanels. Plumbing, roof, and driveway were also re-done or upgraded. A buyer can capitalize on the tight rental market and rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Average new lease rates in the neighborhood result in over 32% rental upside. Located a short drive away from the site of the SoFi Stadium and Entertainment District & recently completed Intuit Dome. The Intuit Dome is expected to generate around $260 million in economic activity for the city of Inglewood. The future looks bright for the city of Inglewood and this investment is an opportunity to own a piece of that growth. Current rents shown effective January 2026. Please reach out to LA for full marketing package.
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Home facts
- Year built:1962
- Listing ID #:24472243
- Added:297 day(s) ago
- Updated:October 07, 2025 at 08:34 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Living area:4,277 sq. ft.
Structure and exterior
- Year built:1962
- Building area:4,277 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$409.17
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