
Inglewood, California 90302
This triplex presents a High-Potential Investment Opportunity with a List Price of $975,000—positioned well above the $914,336 Fair Market Value by 6%. While the property requires a major rehab due to its Fair Condition Rating, the strategic vacancy of one unit and potential for ADU conversion offer significant upside. Located near the SoFi Stadium and Intuit Dome, this asset is primed for long-term rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage value-add potential in a high-growth district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1139 E 67th Street Subject | $975,000* List Price | 0 | 0 | 2,387 | $383 | - |
A 1235 N Wexham Pending | $950,000 List Price | 0 | 0 | 2,058 | $462 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 with no evidence of recent comprehensive renovation. Interior photos reveal significant wear, including peeling paint, dated 1950s-style pink tile in bathrooms, and a utility area in disrepair. The listing highlights 'value-add potential,' confirming the need for a major rehab to address aged systems and cosmetic defects.
The property offers significant upside through the potential conversion of existing garage space or the addition of an ADU to increase unit count and maximize rental income.
With one unit currently vacant, the property is ideal for an owner-user or an investor looking to immediately capture market-rate rent without the complications of tenant displacement.
Situated near major landmarks like SoFi Stadium, Intuit Dome, and the Kia Forum, the property benefits from high rental demand and strong long-term appreciation potential.
The triplex consists exclusively of 1-bedroom, 1-bathroom units, which may restrict the tenant pool to individuals or couples and limit overall rental premiums compared to larger multi-bedroom units.
Existing rents are currently below market value, which may result in lower initial yields for investors until the occupied units can be transitioned to current market rates.
PRICED TO SELL! Excellent investment opportunity in Inglewood! This triplex features three 1-bedroom, 1-bath units, offering a great combination of existing rental income and future upside potential. One unit is currently vacant, providing an excellent opportunity for an owner-user or investor to lease the unit at current market rent. Each unit has its own garage parking, plus additional parking in the rear. The property also offers potential to convert existing garage space and/or add an ADU for an additional unit and increased rental income. With one vacant unit, below-market existing rents, ample parking, and value-add potential, this is an attractive opportunity for an investor looking to increase long-term cash flow and property value. Conveniently located near shopping, dining, transportation, major freeways, SoFi Stadium, Intuit Dome, and Kia Forum. Motivated seller, bring your investors and owner-user buyers!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,387 | 2,746.25 |
| Lot Size | 5,512 | 7,862 |
| Price | $975.0K | $911.5K |
| Price per sq ft | $408 | $21.5K |
| Built year | 1955 | 1958 |
| HOA | $0 | $0 |
| Days on market | 16 | 117 |
Aug 24, 2026
$975,000
Initial Listing
Feb 12, 1996
$150,000
Public Record
Sep 1, 1994
$163,500
Public Record