2804 W 85th, Inglewood, California 90305, Inglewood, 90305 - bed, bath
ACTIVE$1,175,000$3,495/sqft
2804 W 85th, Inglewood, California 90305
0Bed
0Bath
3,495Sqft
5,758Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Income & Investment Potential: Explicitly marketed as a 'great Investment Opportunity' with 'income potential' and the ability to 'Live in one and let the other two help pay your bills', offering strong cash flow prospects.
Top Cons:
Sold "AS IS" Condition: The property is sold in 'AS IS' condition, implying the seller will not make repairs and potentially requiring substantial capital investment for necessary renovations or deferred maintenance.
Compared to the nearby listings
Price:$1.18M vs avg $925.0K (+$250,000)50%
Size:3,495 sqft vs avg 2,735.5 sqft50%
Price/sqft:$336 vs avg $33950%
More Insights
Built in 1940 (86 years old).
Condition: Built in 1940 and explicitly sold 'AS IS,' this property shows significant age and deferred maintenance. The exterior features dated stucco, worn stairs, and older windows with security bars. The absence of interior photos, coupled with the 'AS IS' disclosure, strongly suggests that the kitchens, bathrooms, and major systems (electrical, plumbing, HVAC) are severely outdated and require substantial rehabilitation to meet modern standards and tenant expectations. This aligns with a 'poor' condition rating.
Year Built
1940
Close
-
List price
$1.18M
Original List price
$975K
Price/Sqft
$336
HOA
-
Days on market
-
Sold On
-
MLS number
IG26000535
Home ConditionPoor
Features
Patio
View-
About this home
Looking for an Investment Property, we'll we have one right here in the city of Inglewood, great location and income potential, Live in one and let the other two help pay your bills. Property is sold in "AS IS" Condition. This property boosts 3 units 2+2 in the front and a 1+1 unit in the rear. This is a great Investment Opportunity.
C
Charlotte Singleton
Listing Agent
Nearby schools
1/10
Lane (Warren) Elementary School
Public,•K-6•0.4mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.5mi
2/10
Morningside High School
Public,•9-12•1.5mi
2/10
Inglewood High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
05/22/08
Sold
$675,000
Condition Rating
Poor
Built in 1940 and explicitly sold 'AS IS,' this property shows significant age and deferred maintenance. The exterior features dated stucco, worn stairs, and older windows with security bars. The absence of interior photos, coupled with the 'AS IS' disclosure, strongly suggests that the kitchens, bathrooms, and major systems (electrical, plumbing, HVAC) are severely outdated and require substantial rehabilitation to meet modern standards and tenant expectations. This aligns with a 'poor' condition rating.
Pros & Cons
Pros
High Income & Investment Potential: Explicitly marketed as a 'great Investment Opportunity' with 'income potential' and the ability to 'Live in one and let the other two help pay your bills', offering strong cash flow prospects.
Multi-Unit Configuration (3 Units): Features a desirable configuration of three units (a 2+2 and a 1+1), maximizing rental income streams and flexibility for owner-occupancy.
Strategic Inglewood Location: Positioned in a 'great location' within Inglewood, a rapidly developing city with increasing property values and tenant demand due to ongoing revitalization.
Generous Lot Size: A 5758 sqft lot provides ample outdoor space, potential for tenant amenities, or future expansion possibilities (subject to zoning).
Substantial Property Square Footage: With 3495 sqft across the units, the property offers significant living space, appealing to a wider range of potential tenants.
Cons
Sold "AS IS" Condition: The property is sold in 'AS IS' condition, implying the seller will not make repairs and potentially requiring substantial capital investment for necessary renovations or deferred maintenance.
Older Property (Built 1940): The 1940 construction year suggests that major systems (plumbing, electrical, HVAC) and finishes may be outdated and require significant upgrades to meet modern standards and tenant expectations.
Potential Unit Count Discrepancy: The description states '3 units' while the sub_type is 'Duplex,' which could indicate an unpermitted unit or a classification issue, potentially leading to legal or permitting challenges.