2815 Hyde Park, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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Los Angeles, California 90043
Analysis of 2815 Hyde Park, Los Angeles, California 90043 is currently available with a list price of $1,192,500. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
This 1956-built fourplex is in fair condition as it has only undergone a partial renovation, with only one of the four units recently updated with quartz countertops and laminate flooring. The exterior shows signs of age consistent with its mid-century construction, and the listing notes potential aging infrastructure and deferred maintenance regarding major systems like plumbing and electrical. While functional and currently rentable, the property requires further updates to the remaining units and systems to meet modern quality standards.
High School: Middle College High School (9/10).
Located less than half a mile from the Metro K Line and zoned Tier 1 TOC, the property offers significant long-term value and development incentives in a rapidly redeveloping submarket.
The fourplex features a versatile mix of one, two, and three-bedroom units with a projected 21% rental upside, providing a strong opportunity for immediate value-add and increased cash flow.
The property is served by several schools with low ratings (1/10 and 2/10), which may limit the appeal for families and impact the long-term appreciation potential compared to other areas.
Built in 1956, the building may require significant capital expenditures for deferred maintenance or upgrades to major systems (plumbing, electrical) that were not included in the partial renovation.
This offering presents an excellent opportunity for an investor to acquire an asset with a desirable unit mix, spacious floor plans, and 21 rental upside in a redeveloping rental submarket. 2815 Hyde Park Boulevard is a 3,956-square foot 1956 construction fourplex on a large corner lot, and the building offers one three-bed/two-bath unit, two two-bed/one-baths, and one one-bed/one-bath. The property also features a large fenced patio, two two-car garages, a single-car garage, and tandem driveway parking.The three-bedroom unit was recently renovated and boasts upgrades that include quartz countertops, laminate flooring, and more. The property is located less than a half-mile from the Crenshaw/LAX Metro K Line that opened in 2022; the metro line continues to spur a flurry of multifamily developments in the area thanks to Transit-Oriented Communities (TOC) incentives. 2815 Hyde Park Boulevard is zoned Tier 1 TOC (buyer to verify).
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,959 | 4,234.5 | 50% |
| Lot Size | 6,596 | 7,405 | 50% |
| Price | $1.19M | $1.28M | 50% |
| Price per sq ft | $301 | $303 | 50% |
| Built year | 1956 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 231 | 50% |
Apr 7, 2026
$1,192,500
Initial Listing
Jul 31, 2018
$710,000
Public Record
Jan 29, 2004
$435,000
Public Record
Sep 24, 2001
$320,000
Public Record
May 18, 2001
$186,000
Public Record
Nov 8, 1996
$100,000
Public Record