2617 W 78th Street, Inglewood, California 90305, Inglewood, 90305 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$798,895
2617 W 78th Street, Inglewood, California 90305
3Beds
2Baths
1,410Sqft
6,714Lot
Price Vs. Estimate
The estimated value ($487,249.2) is $311,645.8 (39%) lower than the list price ($798,895). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Amenities: Located in Inglewood's highly desirable Morningside Park neighborhood, offering a quiet and well-maintained environment with excellent proximity to freeways, schools, shopping centers, SoFi Stadium, the Historic Forum, and the upcoming Intuit Dome.
Top Cons:
Requires Significant Renovation: Described as a 'cosmetic fixer,' implying that substantial investment in updates and repairs will be necessary to modernize the property and bring it to market standards.
Compared to the nearby listings
Price:$798.9K vs avg $875.0K ($-76,105)27%
Size:1,410 sqft vs avg 1,597.5 sqft20%
Price/sqft:$567 vs avg $52863%
More Insights
Built in 1925 (100 years old).
Condition: Built in 1925 and explicitly marketed as a 'cosmetic fixer opportunity,' this property requires substantial rehabilitation. The kitchen features severely outdated wood cabinets, laminate countertops, and flooring. The bathroom is highly dated with pink tiled walls and an old vanity. Other areas show extensive wood paneling, a dated ceiling fan, and a window AC unit, indicating a lack of significant modernization for many decades. While not unlivable, it needs extensive updates to meet current standards.
Year Built
1925
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$567
HOA
-
Days on market
-
Sold On
-
MLS number
24428947
Home ConditionPoor
Features
Patio
View
About this home
Wonderful cosmetic fixer opportunity in Inglewood's highly desirable Morningside Park neighborhood! This single-level home features a spacious living room with a cozy fireplace, a formal dining room, and den. The driveway leads to a covered carport, detached 2-car garage that could be converted, and the expansive backyard offers plenty of space for outdoor activities, entertaining, and summer bbq's. Located in a quiet, well maintained neighborhood; close to freeways, schools, shopping centers, as well as SoFi Stadium, the Historic Forum, and the upcoming Intuit Dome, future home of the LA Clippers and the 2028 Olympics. End users, remodelers, and fix and flip investors, this home is ready for you to update and bring to market.
Nearby schools
1/10
Lane (Warren) Elementary School
Public,•K-6•0.2mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.1mi
2/10
Inglewood High School
Public,•9-12•1.9mi
2/10
Morningside High School
Public,•9-12•2.1mi
Condition Rating
Poor
Built in 1925 and explicitly marketed as a 'cosmetic fixer opportunity,' this property requires substantial rehabilitation. The kitchen features severely outdated wood cabinets, laminate countertops, and flooring. The bathroom is highly dated with pink tiled walls and an old vanity. Other areas show extensive wood paneling, a dated ceiling fan, and a window AC unit, indicating a lack of significant modernization for many decades. While not unlivable, it needs extensive updates to meet current standards.
Pros & Cons
Pros
Prime Location & Amenities: Located in Inglewood's highly desirable Morningside Park neighborhood, offering a quiet and well-maintained environment with excellent proximity to freeways, schools, shopping centers, SoFi Stadium, the Historic Forum, and the upcoming Intuit Dome.
Investment & Value-Add Opportunity: Explicitly marketed as a 'cosmetic fixer opportunity' ideal for end-users, remodelers, and fix-and-flip investors, indicating significant potential for value appreciation through renovation.
Expansive Outdoor Space: Features a large 6,714 sqft lot with an expansive backyard, providing ample space for outdoor activities, entertaining, and summer barbecues.
ADU Potential: Includes a detached 2-car garage that could be converted, offering a strong opportunity for an Accessory Dwelling Unit (ADU) to generate rental income or provide additional living space.
Desirable Interior Layout: The single-level home boasts a spacious living room with a cozy fireplace, a formal dining room, and a den, providing functional and appealing living areas.
Cons
Requires Significant Renovation: Described as a 'cosmetic fixer,' implying that substantial investment in updates and repairs will be necessary to modernize the property and bring it to market standards.
Age of Property & Potential System Updates: Built in 1925, the home is nearly a century old, suggesting that major systems (e.g., plumbing, electrical, HVAC) may be original or outdated and could require costly upgrades beyond cosmetic improvements.
Potential Overpricing Relative to Condition: The current list price is significantly higher than the estimated property value, especially given its 'fixer' status, which may limit buyer interest or necessitate a price adjustment.