| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 60th | Good |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 W Hyde Park Blvd, Inglewood, CA, 90302, US |
| Region / Metro | Inglewood |
| Year of Construction | 1987 |
| Units | 25 |
| Transaction Date | 2002-05-10 |
| Transaction Price | $330,000 |
| Buyer | L A FAMILY HOUSING CORP |
| Seller | NATIONAL HOUSING DEVELOPMENT CORP |
300 W Hyde Park Blvd Inglewood Multifamily Investment
Neighborhood renter demand is reinforced by a high renter-occupied share and proximity to major employers, according to WDSuite’s CRE market data, supporting steady leasing dynamics for well-positioned assets.
Located in Inglewood’s Urban Core, the neighborhood posts an A- rating and ranks 252 out of 1,441 Los Angeles metro neighborhoods — competitive among Los Angeles-Long Beach-Glendale, CA neighborhoods — based on CRE market data from WDSuite. The area’s renter-occupied share is elevated (76.4% of housing units are renter-occupied), indicating a deep tenant base that can support leasing velocity and renewal potential at multifamily properties. Neighborhood occupancy is in the high 90s, and while it has softened modestly versus five years ago, it remains above national mid-range levels.
Amenities skew favorable. Grocery density sits in the top quartile nationally, with cafes and restaurants also testing above national norms, which helps with day-to-day convenience and retention. Parks score above the national median. Average school ratings trend low for the neighborhood relative to national peers, which may matter for family-oriented unit mixes, but does not typically dampen demand for workforce and young-professional oriented product near job centers.
Relative to the metro, median home values are high and in the top national percentiles, signaling a high-cost ownership market; this context generally sustains rental reliance and can support pricing power for quality units, though rent-to-income ratios indicate pockets of affordability pressure that require attentive lease management. Vintage-wise, the subject property’s 1987 construction is newer than the neighborhood average (1974), offering a competitive edge versus older stock while leaving room for selective modernization to capture premium rents.
Within a 3-mile radius, demographics show households have grown modestly over the last five years and are forecast to expand further, even as average household size trends lower. This combination points to a larger tenant base and incremental unit absorption. Income measures in the 3-mile radius have risen and are projected to continue increasing, supporting rent growth potential, while the forecast indicates more households and a slightly older age mix that can reinforce occupancy stability for well-managed assets.
Safety trends are mixed but improving. The neighborhood’s overall crime rank sits at 549 out of 1,441 Los Angeles metro neighborhoods — competitive among Los Angeles-Long Beach-Glendale, CA neighborhoods — and the area places around the upper-middle nationally (67th percentile), indicating comparatively safer conditions than many U.S. neighborhoods. According to WDSuite’s data, estimated violent and property offense rates have both declined sharply over the last year, signaling positive momentum that investors should monitor for durability.
As with any Urban Core location, performance varies block to block, so underwriting should rely on property-level security practices and recent trend data rather than single-year snapshots. The directional improvement supports leasing and retention, but continued observation is prudent.
The location draws from a diverse employment base that underpins renter demand and commute convenience, including technology, consumer products, and air travel operations. Nearby anchors include Symantec, Southwest Airlines, Microsoft offices, Mattel, and Activision Blizzard.
- Symantec — software/security (1.96 miles)
- Southwest Airlines Counter — air travel operations (2.80 miles)
- Microsoft Offices The Reserves — technology offices (3.72 miles)
- Mattel — consumer products (3.90 miles) — HQ
- Activision Blizzard — interactive entertainment (6.21 miles) — HQ
300 W Hyde Park Blvd is a 25-unit, 1987-vintage asset positioned in an Urban Core neighborhood where renter-occupied concentration is high and amenities are strong. The property is newer than the area’s average vintage, which can translate into lower near-term capital needs versus older competitive stock, while targeted upgrades may still unlock value. According to CRE market data from WDSuite, neighborhood occupancy remains healthy and the local renter base is supported by an expansive employment node within a short drive, providing a foundation for stable tenancy.
Investor considerations include high home values that reinforce reliance on rental housing, as well as indications of affordability pressure that call for careful pricing and renewal strategies. Safety metrics show meaningful year-over-year improvement, and 3-mile radius household growth — alongside rising incomes — points to a gradually expanding renter pool that can support absorption and rent performance for well-managed properties.
- 1987 vintage is newer than neighborhood average, offering competitive positioning with value-add optionality
- High renter-occupied share supports a deep tenant base and steady leasing
- Amenity-rich urban setting near major employers aids retention and absorption
- Elevated ownership costs in the area can sustain rental demand and pricing power
- Risks: pockets of affordability pressure and historically mixed safety metrics warrant conservative underwriting