Inglewood, CA 90302 509 E Hyde Park Place

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Presented By: Mason Canter with Keller Williams Realty Los Feliz;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25522925
  • 04/08/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 9
  • SQFT • 3,318

Home Details

Excellent Location! Close Proximity to SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park casino, shopping and restaurant complex and LAX. Great opportunity to invest in an ever-expanding and developing area that has become a highly sort-after location for renters/investors/developers. Property features 2 Buildings, 9 Units and 11 Parking Spaces. 100% Occupied. Recent upgrades: New roof on building #1, painting of all exteriors, new entry gate motor, newer electrical meter, copper plumbing, new water heater. Some Units have private patios. All Units have AC Wall Units. Property has Onsite Laundry. Inglewood has emerged as one of Southern California's most dynamic real estate markets, driven by major developments and a surge in demand. With its strategic location near downtown Los Angeles and the South Bay, Inglewood offers strong investment potential and a growing community appeal. Key economic drivers such as the SoFi Stadium, home to the LA Rams and Chargers, has transformed the area into a major entertainment and sports hub. Adjacent to it, Hollywood Park is a 300-acre mixed-use development featuring retail, office space, residences, and green spaces. The Forum, a legendary concert venue, continues to attract top-tier events, further solidifying Inglewood's status as a cultural destination. Additionally, Los Angeles International Airport (LAX), one of the busiest airports in the world, provides significant employment opportunities, fueling local housing demand. With a strong job market, ongoing development, and increasing property values, Inglewood presents a prime opportunity for apartment building owner and investors.
Presented By: Mason Canter with Keller Williams Realty Los Feliz;

Interior Features for 509 E Hyde Park Place

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesGas, Kitchen
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesOpenFloorplan
Laundry FeaturesCommonArea
Total Stories1

General for 509 E Hyde Park Place

Additional Parcels Y/NNo
AppliancesGasOven, Microwave, Oven, Refrigerator
Architectural StyleContemporary
Association AmenitiesTrash
Attached Garage No
Cap Rate5.11
Carport Spaces0.0
Carport Y/NNo
CityInglewood
Community FeaturesGated
Construction MaterialsOther
CountyLos Angeles
DirectionsCentinela Ave to East Hyde Park Pl (One Block East of Field Ave)
Electric On Property Y/NNo
Full Baths
Garage Spaces0.0
Garage Y/NNo
Gross Income165420.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet12018.0
Lot Size UnitsSquareFeet
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income104807.0
New ConstructionNo
Number Of Units Total9
Open Parking Spaces11.0
Patio/Porch FeaturesOpen, Patio
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysCableTv, Electricity
ViewNone
Waterfront Y/NNo
Year Built1948
ZoningINR3*

Exterior for 509 E Hyde Park Place

Building Area Total3318.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2759
Lot Size Area12018.0
Number of Buildings2
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking11.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,050,000
MLS#25522925
List Date 04/08/2025
Property Type Multi-Family
Phone 714.742.6515
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