501 Hyde Park
Inglewood, CA 90302
Listing broker / agent: BRC Advisors BH · Avinash Narang · 818-288-0697 · CRMLS
MLS # RS26228444 · Last checked Oct 22, 2026 00:46 UTC
About this property
Presenting 501 Hyde Park Place, a well-maintained 12-unit multifamily investment opportunity in North Inglewood. This three-story apartment building was constructed in 1985 and features approximately 11,040 square feet of building area on an approximately 11,967-square-foot lot. The property consists entirely of spacious two-bedroom, one-bathroom apartments, complemented by 24 gated carport parking spaces, providing two spaces per unit. A potential value-add opportunity exists to explore converting a portion of the carport area into Accessory Dwelling Units (ADUs). Investors may evaluate the feasibility of converting up to 12 parking spaces into additional residential units while potentially retaining one parking space per existing apartment, subject to City of Inglewood approval, applicable ADU regulations, building requirements, and independent buyer verification. The property has benefited from approximately $150,000 in owner-reported improvements, including select renovated kitchens and bathrooms, updated flooring, appliances, water heaters, laundry facilities, lighting, landscaping, and common-area enhancements. SB 721 work is reported completed. The investment offers a 5.00% current capitalization rate with estimated annual NOI of $226,016 and a projected 6.20% market capitalization rate with estimated market NOI of $280,143, providing additional rental upside potential. Conveniently situated near SoFi Stadium, the Kia Forum, LAX, and the 405 Freeway, with access to major Los Angeles employment centers, shopping, dining, and entertainment destinations. An attractive opportunity to acquire a multifamily asset with a desirable unit mix, substantial improvements, potential ADU development opportunities, and income growth potential.
Property details
- MLS number
- RS26228444
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.2748 acres
- County
- Los Angeles
- Year built
- 1985
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1985
- Year built source
- Assessor
- Building stories
- 3
- Levels
- Three Or More
- Entry level
- 1
Rooms & interior
- Rooms
- Entry Foyer, Kitchen, Living Room
- Heating
- Wall Furnace
- Fireplace
- None
- Laundry
- Common Area, Laundry Room
Exterior & parking
- Total parking spaces
- 24
- Garage spaces
- 0
- Pool
- None
- Lot features
- Corner Lot, Landscaped
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Sewer Connected, Water Available, Water Connected
- Community features
- Curbs, Street Lights, Sidewalks, Urban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Wilder's Preparatory Academy Charter (school website, opens in a new tab) Inglewood Unified · Inglewood | K–5 | 0.3 mi |
| Wilder's Preparatory Academy Charter Middle (school website, opens in a new tab) Inglewood Unified · Inglewood | 6–8 | 0.3 mi |
| Centinela (school website, opens in a new tab) Inglewood Unified · Inglewood | K–8 | 0.3 mi |
| Grace Hopper STEM Academy (school website, opens in a new tab) Inglewood Unified · Inglewood | 6–8 | 0.6 mi |
| Iovine and Young Center Inglewood (school website, opens in a new tab) Inglewood Unified · Inglewood | 9–12 | 0.9 mi |
| City Honors International Preparatory High (school website, opens in a new tab) Inglewood Unified · Inglewood | 9–12 | 0.9 mi |
| New Opportunities Charter Centinela Valley Union High · Inglewood | 9–12 | 0.9 mi |
| La Tijera Academy of Excellence Charter (school website, opens in a new tab) Inglewood Unified · Inglewood | K–8 | 1.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $4,520,000
- MLS-reported original asking price
- $4,520,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 21, 2026 23:35 | $4,520,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Inglewood
Active residential homes for sale in Inglewood, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 01:08 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗