new - 4 days on rocket

579 Hyde Park Pl, Inglewood, CA, 90302

$1,800,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
7 Baths
4,277 SqFt
$421/SqFt
House

Location

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579 Hyde Park Pl, Inglewood$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDetached Carport, Door-Single, Garage
Year Built1962
MLS #24472243
Lot Size0.19 Acres
StatusActive

About 579 Hyde Park Pl

We're proud to present 579 Hyde Park Place located in the highly desirable northwest Inglewood area. This 7-unit apartment building is an opportunity for an investor to own a value-add asset in a high demand rental market with tremendous growth potential in the City of Champions. On the market for the first time in over 50 years, the property features a total of 7-units comprised of a desirable mix of (1) two-bed/one-bath and (6) one-bed/one-bath units. Parking is at the rear of the property along with a separate laundry room. Units are individually metered for electricity and gas keeping utility costs relatively low. A buyer can capitalize on the tight rental market and rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Average new lease rates in the neighborhood result in over 42% upside. Located a short drive away from the site of the SoFi Stadium and Entertainment District & recently completed Intuit Dome. The Intuit Dome is expected to generate around $260 million in economic activity for the city of Inglewood. The future is looking bright for the city of Inglewood and this investment is an opportunity to own a piece of that growth. Please reach out to LA for full marketing package.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2
  • Living Area: 4,277 SqFt

Listing Office:

  • Office Name: Matthews Real Estate Investment Services
  • Office Phone: (866) 889-0550
  • Listing Agent: Nabil Awada

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached Carport, Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Other

Directions Information:

  • Directions: Off Hyde Park Place & Hyde Park Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $421/SqFt

Tax Information:

  • Annual Amount: $3,368
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

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Inglewood, CA

City

Med. Sold Price

$745K

Med. Price/SqFt

$510

Avg. Days On Market

58

# of Sold Homes

34

579 Hyde Park Pl vs Inglewood

4 DAYS ON ROCKET

-54 Days

$1,800,000

+$1.0M More

$421/SqFt

-$89 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $89/SqFt less than other homes in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24472243

Listing Office:

  • Office Name: Matthews Real Estate Investment Services
  • Office Phone: (866) 889-0550
  • Listing Agent: Nabil Awada

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,368$122,251
2020$3,243$120,998
2019$3,127$118,626
2018$3,018$116,301
2017$3,018$114,021

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4285693
6
/10

  • Centinela Elementary School

  • 1123 Marlborough Ave

  • 0.17 miles

  • Public District Grades KG-6

school-card-donut-4285694
7
/10

  • Wilder's Preparatory Academy Charter

  • 830 N La Brea Ave

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-4285695
4
/10

  • Highland Elementary School

  • 430 Venice Way

  • 0.83 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,495. Most Inglewood, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 579 Hyde Park Pl

What is the listing price of this property?

The listing price of 579 Hyde Park Pl property is $1,800,000.

What type of property is this?

The property 579 Hyde Park Pl is a house located in Inglewood, California, 90302.

Is this property for sale now?

Active Listing: 579 Hyde Park Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,368 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 579 Hyde Park Pl has 8 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 579 Hyde Park Pl is 4,277 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 579 Hyde Park Pl is 1962.

Rocket Homes›California›Los Angeles County›Inglewood›90302›579 Hyde Park Pl

This home is located at 579 Hyde Park Pl in Inglewood, CA and zip code 90302 in the South Bay neighborhood. This 4,277 square foot home, which was built in 1962, sits on a 0.19 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $1,800,000.

In November 2024, from all listings sold in Inglewood, CA there were more than 13 sold above asking price, over 18 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Inglewood, CA between October 2024 and November 2024 decreased by 3.2%. The median list price of listings available in November 2024 was $745,000, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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