Westland Real Estate Group is trimming its apartment portfolio in Los Angeles County.
The Long Beach-based firm sold a four-property apartment portfolio comprising 52 units in Inglewood’s Fairview Heights neighborhood for a total of $12 million, L.A. Business First reported. The buyer was JR Hyde Park Blvd LLC, an affiliate of Los Angeles-based property management company JRPM Realty.
Kidder Mathews’ Darin Beebower and Dakoda Iversen represented the buyer, while Lee & Associates’ Joseph Linkogle represented the seller. Kidder Mathews secured an offer for the buildings within 48 hours of marketing to local investors, according to L.A. Business First.
All of the properties sold are near each other on a three-block stretch of Hyde Park Boulevard near the Fairview Heights Metro station. The purchase includes 12 units at 610 East Hyde Park Boulevard, 18 units at 803-811 East Hyde Park Boulevard, 12 units across the street at 812 East Hyde Park Boulevard and 10 units at 806 East Hyde Park Boulevard. All in all, the deal came out to nearly $230,800 per unit.
Westland Real Estate Group owns and operates nearly 70 multifamily communities in Los Angeles and Las Vegas. Westland also owns properties in San Bernardino County as well as San Antonio, Texas. In total, its portfolio includes more than 12,000 units ranging from studio apartment layouts to townhouses, according to its website.
Westland still owns roughly 10 properties in Inglewood after the sale of the four Hyde Park Boulevard developments.
Multifamily investment in the Los Angeles region has been ticking upward after a post-pandemic slump. The amount of multifamily units sold in L.A. County increased in both 2024 and 2025 after hitting a post-pandemic low in 2023, according to a report from Kidder Mathews. Nearly 30,000 units across L.A. County were sold last year, marking an increase from fewer than 20,000 units sold in 2020. Investor demand seemingly continues to improve despite issues including increased tax liability because of Measure ULA.
— Chris Malone Méndez
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