
Inglewood, California 90302
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,395,000, positioned slightly above the $1,338,208 Fair Market Value. Located in the heart of the North Inglewood entertainment corridor, this Condition Rating 4 asset offers significant upside through ADU conversion potential in the detached and under-building garages. With a diverse unit mix and proximity to major sports venues, this property is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize rental density in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 304 N Market Subject | $1,395,000* List Price | 0 | 0 | 3,908 | $342 | - |
A 370 E Hillsdale Street Sold | $1,230,000 | 0 | 0 | 3,543 | $347 | 0.6 mi |
B 376 E Hillsdale Street Sold | $1,125,000 | 0 | 0 | 3,543 | $318 | 0.6 mi |
C 536 E 67th Active | $1,100,000 List Price | 0 | 0 | 3,158 | $348 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is over 60 years old and described as a 'value-add' opportunity, indicating dated interiors. While the roof is relatively new (8 years), the presence of window AC units and the lack of mentioned interior renovations suggest the kitchen, baths, and climate systems are aged and require updates.
Situated in the heart of North Inglewood, the property is steps from the Market Street revitalization and minutes from world-class venues like SoFi Stadium and the Intuit Dome, ensuring high rental demand.
The detached and under-building garages offer a prime opportunity for ADU conversions, allowing an investor to increase density and maximize the property's income-generating capacity.
The building features a versatile mix of one 3-bedroom, two 2-bedroom, and one 1-bedroom units, catering to a wide range of tenant profiles and reducing overall vacancy risk.
The local public schools carry low performance ratings, with several nearby institutions rated 2 or 3 out of 10, which may deter long-term family tenants.
Built in 1960, the property may require significant capital expenditures for system upgrades or seismic retrofitting to meet modern standards, despite recent roof improvements.
Outstanding North Inglewood Location: Well-positioned asset located in close proximity to SoFi Stadium, The Forum, and Intuit Dome, placing this asset in the heart of Inglewood's growing sports and entertainment corridor. Well-Maintained Fourplex on a Generous Lot: Built in 1960, this 3,908-SF building sits on a 5,300-SF lot in the heart of the historic Market Street corridor, steps from downtown Inglewood's ongoing revitalization. Outstanding Unit Mix: Excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, plus an on-site laundry room offering additional income potential. Recent Capital Improvements: Roof reported to be approximately 8 years old. Value-Add & ADU Opportunity: The property's detached garage and under-building garage present potential conversion opportunities for ADU units, subject to City of Inglewood zoning and lot coverage requirements (Buyer to Verify).
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,908 | 2,746.25 |
| Lot Size | 5,300 | 7,862 |
| Price | $1.40M | $911.5K |
| Price per sq ft | $357 | $21.5K |
| Built year | 1960 | 1958 |
| HOA | $0 | $0 |
| Days on market | 27 | 117 |
Aug 13, 2026
$1,395,000
Initial Listing