Property Detail

501 Hyde Park

Inglewood CA 90302

$4,520,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Avinash Narang of BRC Advisors BH. Last updated 2026-11-03 09:10:53.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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