
Inglewood, California 90304
This triple-unit residential income property is a Strong Value Opportunity, listed at $979,000—positioned well below the $1,065,793 Fair Market Value by 8%. This valuation gap secures $86,793 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the lot features a main home, a rear unit, and a brand-new permitted ADU with granite countertops. Located minutes from SoFi Stadium, the property ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10502 Ravenswood Subject | $979,000* List Price | 0 | 0 | 2,226 | $479 | - |
A 4322 W 105th Street Sold | $830,000 | 0 | 0 | 1,768 | $469 | 0.1 mi |
B 11004 Mansel Avenue Sold | $937,775 | 0 | 0 | 2,102 | $446 | 0.5 mi |
C 11121 S Freeman Avenue Sold | $1,250,000 | 0 | 0 | 2,964 | $422 | 0.5 mi |
D 4125 Lennox Boulevard Active | $999,000 List Price | 0 | 0 | 1,806 | $553 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a brand-new, fully permitted ADU with modern finishes including granite countertops, laminate flooring, and new appliances. While the main house was built in 1955, it has been maintained with updates like newer windows, and the overall listing is described as ready for immediate occupancy, fitting the criteria for a well-maintained property with significant recent improvements.
The property features three distinct living spaces, including a 3-bedroom front home, a 1-bedroom rear home, and a brand-new permitted ADU, providing exceptional rental yield or house-hacking flexibility.
Situated in the heart of Inglewood's revitalization, the home is minutes from SoFi Stadium, Intuit Dome, and Kia Forum, ensuring high demand and long-term appreciation potential.
With the rear unit and the newly constructed ADU currently vacant, investors can secure market-rate tenants immediately without the need for initial renovations or displacement.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2226, other record living area = 1806.
The property is zoned for Morningside High School, which currently holds a low rating of 2/10, potentially deterring long-term family-oriented tenants.
Fitting three separate units onto a 5,104 sq. ft. lot results in limited private outdoor space and may lead to parking congestion for multiple households.
Exceptional investment opportunity featuring two homes on one lot plus a brand-new, fully permitted ADU, offering a total of three units with approximately 2,226 sq. ft. of combined living space. The front home offers 3 bedrooms and 2 bathrooms with newer windows and a laundry area, and the rear home offers 1 bedroom and 1 bathroom. The new ADU features 1 bedroom and 1 bathroom with laminate flooring, kitchen cabinetry with granite countertops, stove, refrigerator, microwave, and electric A/C. Conveniently located near SoFi Stadium, Hollywood Park Casino, Intuit Dome, and Kia Forum, with easy access to Los Angeles International Airport (LAX) and major freeways. The rear unit and ADU are vacant and ready for immediate occupancy.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 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 | 2,226 | 1,762.5 | 70% |
| Lot Size | 5,104 | 6,052 | 10% |
| Price | $979.0K | $825.0K | 70% |
| Price per sq ft | $440 | $468 | 30% |
| Built year | 1955 | 1949 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 218 | 10% |
Mar 3, 2026
$979,000
Initial Listing
Aug 25, 2021
$640,000
Public Record