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Executive Summary

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.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $410,871 $46.45
Other Income - -
Vacancy Loss $12,326 $1.39
Effective Gross Income $398,545 $45.05
Taxes - -
Operating Expenses - -
Total Expenses $146,146 $16.52
Net Operating Income $252,399 $28.53

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $410,871
Annual Per SF $46.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $12,326
Annual Per SF $1.39
Effective Gross Income (CAD)
Annual $398,545
Annual Per SF $45.05
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $146,146
Annual Per SF $16.52
Net Operating Income (CAD)
Annual $252,399
Annual Per SF $28.53

Property Facts

Price $4,322,950 CAD
Price Per Unit $360,246 CAD
Sale Type Investment
Cap Rate 5.84%
Gross Rent Multiplier 10.52
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 8,846 SF
No. Stories 2
Year Built 1963
Parking Ratio 1/1,000 SF
Zoning R3, Inglewood

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Laundry Service

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 450
2+1 5 - -
2+2 3 - 730
3+2 3 - 863
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4014-023-020
Land Assessment
$1,880,408 CAD
Improvements Assessment
$683,776 CAD
Total Assessment
$2,564,184 CAD
  • Listing ID: 39524548

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 610 E Hyde Park Blvd, Inglewood, CA 90302

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