10618 S 8th Place, Inglewood, California 90303, Inglewood, 90303 - 3 bed, 3 bath

10618 S 8th Place, Inglewood, California 90303 home-pic-0
ACTIVE UNDER CONTRACT$800,000$1,616/sqft
Est. Value: $702,769
-12%
AboveEstimate
10618 S 8th Place, Inglewood, California 90303
3Beds
3Baths
1,616Sqft
6,647Lot

Price Vs. Estimate

The estimated value ($702,768.725) is $97,231.275 (12%) lower than the list price ($800,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU Potential & Expansive Lot: The generous 6,647 sq ft lot offers significant ADU potential and an expansive backyard with mature fruit trees, providing ample space for outdoor living, gardening, or future expansion.
Top Cons:
Age and Need for Modernization: Built in 1954 and on the market for the first time in decades, the property likely requires significant interior updates and system modernizations to meet contemporary buyer expectations.

Compared to the nearby listings

Price:$800.0K vs avg $807.0K ($-7,000)50%
Size:1,616 sqft vs avg 1,468 sqft64%
Price/sqft:$495 vs avg $53518%

More Insights

Built in 1954 (72 years old).
Condition: Built in 1954 and on the market for the first time in decades, this property likely requires substantial rehabilitation. The lack of any mentioned modern upgrades, especially for a home of this age, indicates that the kitchen, bathrooms, electrical, plumbing, and HVAC systems are almost certainly original or very outdated, requiring significant investment to meet current standards and safety. The exterior appears maintained but dated, and the interior is expected to be in a similar or worse condition, necessitating major renovations.
Year Built
1954
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
25631059
Home ConditionPoor
Features
Patio
View-

About this home

Your Inglewood opportunity awaits. First time on the market in decades, this 3-bedroom, 2-bathroom single-family home offers approximately 1,616 sq ft of living space on a generous lot with ADU potential. The home features a spacious living area, a designated dining space, and a private primary bedroom with en-suite bath.The expansive backyard includes mature fruit trees and plenty of room to create the outdoor space you envisionideal for entertaining, gardening, or future expansion. An existing covered patio (permitted addition) offers a great spot for outdoor dining or entertaining, and a garage provides convenient parking and storage. The front yard also adds curb appeal and additional space for play or landscaping creativity. Nestled in one of Inglewood's most desirable neighborhoods, this home is minutes from world-class sports and entertainment venues including SoFi Stadium, the Kia Forum, and the brand-new Intuit Dome. Whether you're a sports fan, concert-goer, or simply enjoy the vibrant energy of the city, you'll love being so close to these attractions. Commuters and travelers will appreciate the easy access to Metro lines and LAX, as well as proximity to major freeways, making it a breeze to connect to all of Los Angeles. The property is currently tenant occupied and will be delivered vacant at COE.

S
Samantha Squalls
Listing Agent
Condition Rating
Poor

Built in 1954 and on the market for the first time in decades, this property likely requires substantial rehabilitation. The lack of any mentioned modern upgrades, especially for a home of this age, indicates that the kitchen, bathrooms, electrical, plumbing, and HVAC systems are almost certainly original or very outdated, requiring significant investment to meet current standards and safety. The exterior appears maintained but dated, and the interior is expected to be in a similar or worse condition, necessitating major renovations.
Pros & Cons

Pros

ADU Potential & Expansive Lot: The generous 6,647 sq ft lot offers significant ADU potential and an expansive backyard with mature fruit trees, providing ample space for outdoor living, gardening, or future expansion.
Prime Inglewood Location: Nestled in one of Inglewood's most desirable neighborhoods, offering a sought-after address with strong community appeal.
Proximity to Major Entertainment Venues: Minutes away from world-class sports and entertainment venues including SoFi Stadium, the Kia Forum, and the brand-new Intuit Dome, enhancing lifestyle and potential property value.
Excellent Transportation Access: Convenient access to Metro lines, LAX, and major freeways ensures easy commuting and connectivity throughout Los Angeles.
Permitted Outdoor Living Space: An existing covered patio (permitted addition) provides a dedicated and functional space for outdoor dining and entertaining.

Cons

Age and Need for Modernization: Built in 1954 and on the market for the first time in decades, the property likely requires significant interior updates and system modernizations to meet contemporary buyer expectations.
Tenant Occupancy Logistics: Currently tenant-occupied, which may present logistical challenges for showings, inspections, and appraisals during the transaction, despite being delivered vacant at COE.
Lack of Highlighted Modern Upgrades: The property description does not mention any recent renovations or modern features, suggesting potential for substantial investment in updates post-purchase.
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