2821 W 85th Street, Inglewood, California 90305, Inglewood, 90305 - 2 bed, 2 bath

2821 W 85th Street, Inglewood, California 90305 home-pic-0
ACTIVE$775,000
2821 W 85th Street, Inglewood, California 90305
2Beds
2Baths
1,181Sqft
5,230Lot

Price Vs. Estimate

The estimated value ($495,593.865) is $279,406.135 (36%) lower than the list price ($775,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Entertainment Hub Location: The property is strategically located minutes away from major attractions like SoFi Stadium, The Kia Forum, and the upcoming Intuit Dome, making it highly desirable for sports fans, concert-goers, and potential short-term rental opportunities.
Top Cons:
Potential for Aging Infrastructure: Built in 1938, the property may have original or older core systems (e.g., plumbing, electrical, roof) that could require significant maintenance, repair, or replacement, as only cosmetic updates are highlighted.

Compared to the nearby listings

Price:$775.0K vs avg $875.0K ($-100,000)23%
Size:1,181 sqft vs avg 1,597.5 sqft10%
Price/sqft:$656 vs avg $52890%

More Insights

Built in 1938 (87 years old).
Condition: The property, built in 1938, presents as move-in ready due to significant recent cosmetic updates. The kitchen features modern white shaker cabinets, light countertops, and stainless steel appliances, while both bathrooms have been updated with contemporary fixtures and tiling. New flooring in the bedrooms and a freshly painted exterior further enhance its appeal. However, the property's age suggests potential for aging core infrastructure, and the noted lack of central air conditioning prevents it from achieving an 'Excellent' rating, despite the attractive updates in key areas.
Year Built
1938
Close
-
List price
$775K
Original List price
$800K
Price/Sqft
$656
HOA
-
Days on market
-
Sold On
-
MLS number
IV25034531
Home ConditionGood
Features
View-

About this home

Don’t miss this fantastic opportunity to own a charming 2-bedroom, 2-bathroom home in the highly desirable Morningside Park area of Inglewood, CA. This prime location is just minutes away from SoFi Stadium, The Kia Forum, and the upcoming Intuit Dome—making it perfect for sports fans, concert goers, and those who love being in the heart of the action. Boasting 1,181 sq. ft. of living space and sitting on a generous 5,237 sq. ft. corner lot, this home features an updated kitchen and stylish new flooring in the bedrooms, offering a modern feel. The bonus room/Jr. ADU with its own bathroom provides versatile options—whether you’re looking for extra living space or an income-generating rental unit. Property is zoned R-2. The home also benefits from a freshly painted exterior, enhancing its curb appeal. With a location like this and all the added features, this property won’t last long! Schedule your viewing today and make this gem yours!

Nearby schools

1/10
Lane (Warren) Elementary School
Public,K-60.4mi
/10
Monroe (Albert F.) Middle School
Public,6-81.5mi
2/10
Morningside High School
Public,9-121.5mi
2/10
Inglewood High School
Public,9-121.8mi

Price History

Date
Event
Price
03/30/99
Sold
$153,000
04/13/94
Sold
$125,000
06/29/23
Sold
$700,000
Condition Rating
Good

The property, built in 1938, presents as move-in ready due to significant recent cosmetic updates. The kitchen features modern white shaker cabinets, light countertops, and stainless steel appliances, while both bathrooms have been updated with contemporary fixtures and tiling. New flooring in the bedrooms and a freshly painted exterior further enhance its appeal. However, the property's age suggests potential for aging core infrastructure, and the noted lack of central air conditioning prevents it from achieving an 'Excellent' rating, despite the attractive updates in key areas.
Pros & Cons

Pros

Prime Entertainment Hub Location: The property is strategically located minutes away from major attractions like SoFi Stadium, The Kia Forum, and the upcoming Intuit Dome, making it highly desirable for sports fans, concert-goers, and potential short-term rental opportunities.
Income-Generating Potential & Versatility: The inclusion of a bonus room/Jr. ADU with its own bathroom, coupled with R-2 zoning, provides excellent flexibility for additional living space, multi-generational living, or significant income-generating rental potential.
Generous Corner Lot: Sitting on a generous 5,237 sq. ft. corner lot, the property offers enhanced curb appeal, more outdoor space, and potentially greater privacy and natural light compared to standard interior lots.
Recent Cosmetic Updates: The updated kitchen, stylish new flooring in the bedrooms, and freshly painted exterior contribute to a modern aesthetic and improved curb appeal, reducing immediate cosmetic renovation needs for a buyer.
Desirable Neighborhood: Located in the 'highly desirable Morningside Park area' of Inglewood, indicating a sought-after community with strong market appeal and potential for appreciation.

Cons

Potential for Aging Infrastructure: Built in 1938, the property may have original or older core systems (e.g., plumbing, electrical, roof) that could require significant maintenance, repair, or replacement, as only cosmetic updates are highlighted.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback and comfort issue during warmer months in Southern California, especially when comparable properties often feature central HVAC.
Significant Discrepancy in Estimated Value: The current listing price of $775,000 is substantially higher than the automated property estimation of $495,593, suggesting a potential overvaluation or a need for strong justification for the premium in the current market.

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