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632 W Hillsdale St 6 Unit Apartment Building $1,756,070 CAD ($292,678 CAD/Unit) 7.08% Cap Rate Inglewood, CA 90302



INVESTMENT HIGHLIGHTS
- Five of six units recently remodeled. Three bedroom house completely renovated in 2025.
- Amenity-Rich Surroundings: Close to shopping, dining, and recreation including Westfield Culver City, Howard Hughes Center, and local parks.
- Evolving Neighborhood: Inglewood’s rapid redevelopment and investment are driving continued appreciation, making it an ideal long-term hold.
- Prime Inglewood Location: Centrally located near SoFi Stadium, Kia Forum, Hollywood Park, and major retail, providing strong rental demand and growth
- Proximity to Major Employers: Near LAX, Loyola Marymount University, Otis College of Art & Design, and Playa Vista’s tech and creative campuses.
EXECUTIVE SUMMARY
The Azzi Group of Marcus & Millichap is proud to present 632 W Hillsdale Street, a well-maintained six-unit multifamily investment located in the heart of Inglewood, California—one of Los Angeles County’s fastest-growing and most dynamic markets.
Built in 1944, the property spans 3,123 SF on a 6,400 SF lot and features five recently remodeled units along with a fully renovated three-bedroom house completed in 2025. Utilities are configured with separately metered gas and electricity and master-metered water, allowing for efficient management and lower operating costs.
Ideally positioned minutes from SoFi Stadium, Hollywood Park, and the Kia Forum, the property benefits directly from Inglewood’s multi-billion-dollar transformation ahead of the 2028 Los Angeles Olympic Games. Residents enjoy exceptional access to shopping, dining, and recreation at Westfield Culver City, the Howard Hughes Center, and nearby parks, as well as proximity to major employers including LAX, Loyola Marymount University, Otis College of Art & Design, and Playa Vista’s tech and creative campuses.
With Inglewood continuing to attract large-scale development and global attention, 632 W Hillsdale Street offers investors a rare opportunity to acquire a stabilized, value-add asset in a high-growth submarket positioned for sustained appreciation and long-term rental demand.
Built in 1944, the property spans 3,123 SF on a 6,400 SF lot and features five recently remodeled units along with a fully renovated three-bedroom house completed in 2025. Utilities are configured with separately metered gas and electricity and master-metered water, allowing for efficient management and lower operating costs.
Ideally positioned minutes from SoFi Stadium, Hollywood Park, and the Kia Forum, the property benefits directly from Inglewood’s multi-billion-dollar transformation ahead of the 2028 Los Angeles Olympic Games. Residents enjoy exceptional access to shopping, dining, and recreation at Westfield Culver City, the Howard Hughes Center, and nearby parks, as well as proximity to major employers including LAX, Loyola Marymount University, Otis College of Art & Design, and Playa Vista’s tech and creative campuses.
With Inglewood continuing to attract large-scale development and global attention, 632 W Hillsdale Street offers investors a rare opportunity to acquire a stabilized, value-add asset in a high-growth submarket positioned for sustained appreciation and long-term rental demand.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Price | $1,756,070 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $292,678 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 7.08% | Building Size | 3,123 SF |
| Gross Rent Multiplier | 9.3 | Average Occupancy | 83% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1944 |
| Property Subtype | Apartment | Parking Ratio | 1.92/1,000 SF |
| Zoning | INP1YY | ||
| Price | $1,756,070 CAD |
| Price Per Unit | $292,678 CAD |
| Sale Type | Investment |
| Cap Rate | 7.08% |
| Gross Rent Multiplier | 9.3 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,123 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1944 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | INP1YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 450 |
| 3+2 | 1 | - | 1,200 |
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 4001-019-001 | Improvements Assessment | $447,323 CAD (2025) |
| Land Assessment | $1,414,636 CAD (2025) | Total Assessment | $1,861,959 CAD (2025) |
PROPERTY TAXES
Parcel Number
4001-019-001
Land Assessment
$1,414,636 CAD (2025)
Improvements Assessment
$447,323 CAD (2025)
Total Assessment
$1,861,959 CAD (2025)
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632 W Hillsdale St
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