579 E Hyde Park Place Inglewood, CA 90302
North Inglewood NeighborhoodEstimated payment $11,415/month
Total Views
1,193
8
Beds
7
Baths
4,277
Sq Ft
$409
Price per Sq Ft
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 35% 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. Please reach out to LA for full marketing package.
Listing Agent
Matthews Real Estate Investment Services License #02046840 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 8,267 Sq Ft Lot
Interior Spaces
- 4,277 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Parking
- 2 Open Parking Spaces
- 9 Parking Spaces
- Detached Carport Space
Community Details
- 7 Units
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 4014-026-024
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $1,750,000 | 0.0% | $409 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $1,750,000 | -2.8% | $409 / Sq Ft |
| 06/30/2025 06/30/25 | Off Market | $1,800,000 | -- | -- |
| 12/13/2024 12/13/24 | For Sale | $1,800,000 | -- | $421 / Sq Ft |
Source: The MLS
Similar Homes in Inglewood, CA
Source: The MLS
MLS Number: 24-472243
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