10525 S 5th Avenue, Inglewood, California 90303, Inglewood, 90303 - 4 bed, 3 bath

10525 S 5th Avenue, Inglewood, California 90303 home-pic-0
ACTIVE$999,900
10525 S 5th Avenue, Inglewood, California 90303
4Beds
3Baths
1,957Sqft
6,932Lot

Price Vs. Estimate

The estimated value ($999,900) is $0 (0%) lower than the list price ($999,900). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Growth Potential: Strategically located just minutes from major entertainment venues like SoFi Stadium, Intuit Dome, The Forum, LAX, and the upcoming Metro K Line, offering exceptional convenience and strong potential for future appreciation.
Top Cons:
Age of Structure: Built in 1954, while updated, the underlying infrastructure of an older home may present potential long-term maintenance considerations not immediately apparent.

Compared to the nearby listings

Price:$999.9K vs avg $814.5K (+$185,400)85%
Size:1,957 sqft vs avg 1,468 sqft85%
Price/sqft:$511 vs avg $53020%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, the property has undergone an extensive and recent renovation, as evidenced by the description and images. The kitchen features modern natural oak cabinetry, quartz countertops, and stainless steel appliances, along with stylish pendant and recessed lighting. The flooring throughout is new, likely LVP or engineered wood, and all visible areas have fresh paint and modern light fixtures. The description explicitly states 'beautifully updated,' 'turnkey,' 'modern upgrades,' and 'updated bathrooms,' indicating that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1954
Close
-
List price
$1,000K
Original List price
$1.29M
Price/Sqft
$511
HOA
-
Days on market
-
Sold On
-
MLS number
OC25071145
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

10525 South 5th Avenue is a beautifully updated, single-family home nestled on a quiet, tree-lined street in one of Inglewood’s most desirable neighborhoods. This turnkey residence blends modern upgrades with classic charm, offering the perfect blend of comfort, functionality, and style. Step inside to discover a bright and open floor plan featuring fresh finishes throughout. The spacious living area flows seamlessly into a modern kitchen equipped with natural oak cabinetry, quartz countertops, and stainless steel appliances—ideal for entertaining or enjoying cozy family nights at home. The primary suite offers a peaceful retreat with a private en-suite bathroom and ample closet space. Three additional bedrooms provide flexibility for family, guests, or a home office. With updated bathrooms, a convenient half-bath for guests, and thoughtful details throughout, this home is move-in ready. The backyard offers a private outdoor space with endless potential. Located just minutes from SoFi Stadium, Intuit Dome, The Forum, LAX, and the upcoming Metro K Line, this home is perfectly positioned for both convenience and growth.

Price History

Date
Event
Price
10/10/24
Sold
$800,000
09/10/24
Sold
$705,000
Condition Rating
Excellent

Despite being built in 1954, the property has undergone an extensive and recent renovation, as evidenced by the description and images. The kitchen features modern natural oak cabinetry, quartz countertops, and stainless steel appliances, along with stylish pendant and recessed lighting. The flooring throughout is new, likely LVP or engineered wood, and all visible areas have fresh paint and modern light fixtures. The description explicitly states 'beautifully updated,' 'turnkey,' 'modern upgrades,' and 'updated bathrooms,' indicating that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Location & Growth Potential: Strategically located just minutes from major entertainment venues like SoFi Stadium, Intuit Dome, The Forum, LAX, and the upcoming Metro K Line, offering exceptional convenience and strong potential for future appreciation.
Extensive Modern Upgrades: The property is beautifully updated and turnkey, featuring fresh finishes throughout, a modern kitchen with natural oak cabinetry, quartz countertops, and stainless steel appliances, along with updated bathrooms, ensuring move-in readiness.
Functional & Open Floor Plan: Boasts a bright and open floor plan with a spacious living area, a private primary suite with an en-suite bathroom, and three additional flexible bedrooms, catering to various living arrangements and needs.
Desirable Neighborhood Setting: Nestled on a quiet, tree-lined street in one of Inglewood’s most sought-after neighborhoods, providing a peaceful residential environment.
Significant Price Adjustment: The property has seen a substantial price reduction from its original list price of $1.29M to $999,900, potentially offering a more attractive entry point for buyers.

Cons

Age of Structure: Built in 1954, while updated, the underlying infrastructure of an older home may present potential long-term maintenance considerations not immediately apparent.
Lack of Cooling System Mention: The property description does not explicitly mention the presence of a cooling system (e.g., air conditioning), which is a significant amenity in Southern California's climate and could be a drawback for some buyers.
Recent Rapid Sales & Price Fluctuation: The property has a recent sales history showing transactions at $705,000 (Sep 2024) and $800,000 (Oct 2024), followed by a listing at $1.29M and subsequent price drops to $999,900. This rapid succession of sales and significant price increase could raise buyer skepticism regarding the current valuation and market stability.

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