$3,500,000
 $18,789 est/mo Sourced by Back At You

531 W Hyde Park,Inglewood, CA 90302

Inglewood, CA 90302

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Description

13 very large units operating at an in-place 6.41% cap rate and 10.61 GRM! 531 W Hyde Park Boulevard is located in one of the most coveted pockets of Inglewood, just north of Florence Avenue, with close proximity to Culver City, Downtown Los Angeles, and the beach. This prime location offers convenient access to SoFi Stadium, home of the Rams and Chargers, the Intuit Dome, YouTube Theater, and COSM. The property features a highly desirable unit mix consisting of (11) 2-bedroom, 1-bathroom units and (2) 3-bedroom, 2-bathroom units. Major capital improvements have been completed throughout the property, including system upgrades and unit renovations. There is still over 20% rental upside potential through improved management and a tremendous ADU opportunity, with three potential tuck-under units estimated at $100,000 per unit or a detached four-unit ADU development over the parking area, subject to city approval. The property currently offers 12 on-site parking spaces, helping preserve long-term tenancy. This is an exceptional investment opportunity in one of Inglewood's most exciting and rapidly developing markets. Don't miss this deal!

Details

MLS #SB26222712
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1959
Days On Site21
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Cameron Samimi

Features

SQ Feet10,218
Garage12
Story(s)2
Units13
Building(s)2
Acreage0.30

Exterior

Lot FeaturesEleven To Fifteen Units Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesBiking, Curbs, Park

Area Information

StateCA
CountyLos Angeles
CityInglewood
Zip Code90302
Area101 North Inglewood
Listing VS Median (in 90302)
Price:
$3,500,000
low | high
Med:
$694,450
100% of Average
sqft:
10,218
low | high
Med:
992
100% of Average
$ / sqft:
$343
low | high
Med:
$700
54.37507184669% of Average
On site:
21
low | high
Med:
75
28% of Average
Sourced by Back At You

Market Activity 90302

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityInglewood
Zip Code90302
Area101 North Inglewood
Listing VS Median (in 90302)
Price:
$3,500,000
low | high
Med:
$694,450
100% of Average
sqft:
10,218
low | high
Med:
992
100% of Average
$ / sqft:
$343
low | high
Med:
$700
54.37507184669% of Average
On site:
21
low | high
Med:
75
28% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.625M - $4.375M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
949 N Cedar Street Property Photo 1
$3,100,000
949 N Cedar Street
Inglewood, CA 90302
Listing Updated: October 14, 2026 at 12:09:42 AM PDT

Benjamin Leaskou - Desert Lifestyle Properties