Description

1105 E. Hyde Park Blvd. and 1108 E. Fairview Blvd. are 20-unit Inglewood offering situated on a 30,341 SF site that spans roughly half a city block in the heart of the View Heights neighborhood. The scale of the land is immediately noticeable. Instead of a dense, stacked configuration, the units are distributed across 4 separate structures, creating meaningful space between buildings and a layout that feels open rather than compressed. The property comprises (20) 1-bdrm. units, each featuring its own entrance and direct access to landscaped interior walkways that run through the center of the site. Mature trees, open lawn areas, and wide setbacks between buildings create a park-like setting that reads more like a low-density residential community than a traditional apartment complex. From an operational standpoint, the asset is professionally managed by a well-known LA property management firm, supporting consistency in tenant quality, maintenance, and day-to-day oversight. Because the property is comprised of multiple APNs, there is no requirement for an on-site manager, a structural advantage that simplifies long-term operations. On-site amenities include approximately 16 parking spaces and a centrally located community laundry room. Offered at $4,200,000, or $210,000 per unit and $257 per SF, the property has a 5.94% CAP and a 10.51 GRM on current rents. These metrics are supported by comparable sales within the past 6 months, reinforcing the positioning relative to recent market activity. The combination of land scale and in-place income creates a profile that balances current performance with long-term land value. The location further strengthens the offering. Positioned in View Heights, the property sits approx. 2.5 miles from SoFi Stadium, Intuit Dome, and the broader Hollywood Park development. Downtown Inglewood is roughly 1.5 miles away, while Edward Vincent Lugo Park is within walking distance at approx. 0.8 miles. The property is also about a 15-minute drive to El Segundo and LAX, placing residents within reach of major employment centers and entertainment destinations. Taken together, 1105 E. Hyde Park Blvd. offers 20 units on over 30,000 SF of land in a layout that emphasizes separation, livability, and operational simplicity.