106 5056 W 106th, Inglewood, California 90304, Inglewood, 90304 - 2 bed, 1 bath

106 5056 W 106th, Inglewood, California 90304 home-pic-0
ACTIVE$875,000
106 5056 W 106th, Inglewood, California 90304
2Beds
1Bath
1,199Sqft
16,105Lot
Year Built
1924
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$730
HOA
-
Days on market
-
Sold On
-
MLS number
SR25235966
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(62th), sqft - 1199(54th), beds - 2(31th), baths - 1(31th).

Incredible home with an extremely large lot with unbeatable value! Filled with potential and opportunity! Come see this unique property with a very large back lot. This classic 2B, 1B single-family home sits on a generous lot, offering plenty of space for expansion or the perfect setup for an ADU or even a 2nd full sized home. A nice home that needs some work, but has good bones. The long driveway can easily accommodate up to six vehicles or more, making parking a breeze, not to mention a two-car garage! The owner has upgraded the property with copper plumbing, newer electric and central AC/heat. With its prime location, this property is just minutes from LAX, SoFi Stadium, Kia Forum, Metro lines, major freeways, and the exciting new developments and dining options throughout Los Angeles. Whether your buyer is an investor, first-time buyer, or visionary homeowner, this home is a canvas waiting for their creativity. Property includes part of the cul-de-sac with its own APN. Lots of potential, lots of space, and lots to love — come make 5056 W 106th St. your buyer's next great opportunity!

Price History

Date
Event
Price
10/09/25
Listing
$875,000
Condition Rating
Poor

Built in 1924, this property is very old. While major systems like plumbing, electrical, and central AC/heat have been updated, the listing explicitly states the home 'needs some work' and is 'a canvas waiting for their creativity.' The lack of interior photos, especially of the kitchen and bathroom, combined with the age and general description, strongly suggests these key areas are significantly outdated and would require substantial repairs and rehabilitation to meet modern standards. The exterior image also shows neglect, reinforcing the need for extensive cosmetic and landscaping work.
Pros & Cons

Pros

Expansive Lot & Development Potential: The property boasts an exceptionally large 16,105 sqft lot, offering significant potential for expansion, an ADU, or even a second full-sized home, enhancing its long-term value.
Strategic Location: Situated minutes from major attractions like LAX, SoFi Stadium, Kia Forum, Metro lines, and major freeways, ensuring high accessibility and strong future appreciation potential.
Recent System Upgrades: Key infrastructure improvements include upgraded copper plumbing, newer electrical systems, and central AC/heat, reducing immediate maintenance concerns for essential systems.
Abundant Parking: Features a long driveway accommodating six+ vehicles plus a two-car garage, a rare and valuable asset in urban settings, providing convenience and utility.
Versatile Investment Opportunity: Appeals to a broad range of buyers, including investors, first-time buyers, or visionary homeowners looking to capitalize on its potential and prime location.

Cons

Requires Renovation/Updates: Described as needing 'some work,' indicating potential for cosmetic or functional updates beyond the core system upgrades to maximize its appeal and value.
Compact Interior Footprint: The home offers a modest 2 bedrooms, 1 bathroom, and 1199 sqft, which may be a limiting factor for larger families or those desiring more extensive living space.
Historic Construction: Built in 1924, while having 'good bones,' the age of the property may necessitate ongoing maintenance or further modernization to meet contemporary aesthetic and functional standards.

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