Hyde Park IV Apartments 610 E Hyde Park Blvd 12 Unit Apartment Building $4,243,249 CAD ($353,604 CAD/Unit) 5.84% Cap Rate Inglewood, CA 90302

Lee & Associates is pleased to present 610 E Hyde Park Blvd, a 12-unit multifamily investment opportunity located in an excellent area of Inglewood, California.
This property provides investors with an excellent apartment opportunity in one of Los Angeles County’s most dynamic rental markets, just minutes from SoFi Stadium, the Kia Forum, and the new Intuit Dome, all of which continue to fuel massive economic and residential growth throughout the area. The property sits on a 12,054 square foot lot and features approximately 8,846 rentable square feet. Built in 1963, the building consists of a desirable unit mix of 1-, 2-and 3-bedroom units, appealing to a wide range of tenants. Most units are currently leased below market, offering substantial upside potential through interior renovations and rent repositioning. This investment is ideal for those seeking strong in-and stable income with room for long-term appreciation. The building is separately metered for gas and electricity, allowing for efficient
management and reduced operating costs. Residents enjoy gated access, on-site parking, and proximity to key employment, entertainment, and transportation hubs.
The property’s central Los Angeles location near the Beach Cities, LAX, Playa Vista, and major freeways (405, 105, and 110) ensures sustained tenant demand and continued
rent growth potential.