305 W Ellis Avenue, Inglewood, California 90302, Inglewood, 90302 - 3 bed, 2 bath
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Inglewood, California 90302
This Value-Add Residential Asset is listed at $975,000, positioned near its $933,972 Fair Market Value. Featuring a Condition Rating of 4, the 1927 cottage offers a clear path for forced appreciation through modernization and expansion. The generous 5,920 sq ft lot provides significant ADU potential, a key driver for long-term ROI in the North Inglewood market. Despite the compact footprint, the property’s proximity to SoFi Stadium and major transit makes it a strategic entry point for Fix-and-Flip Investors or Owner-Occupants seeking a high-equity renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 W Ellis Avenue Subject | $975,000* List Price | 3 | 2 | 1,110 | $841 | - |
A 512 W Hillsdale Street Sold | $750,000 | 2 | 2 | 1,204 | $623 | 0.3 mi |
B 440 W Fairview Boulevard Sold | $770,000 | 2 | 1 | 934 | $824 | 0.2 mi |
C 510 Hargrave Street Sold | $1,100,000 | 3 | 2 | 1,228 | $896 | 0.6 mi |
D 320 W Hillsdale Avenue Active | $775,000 List Price | 3 | 1 | 1,131 | $685 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this property is described as a 'renovation opportunity' with 'modern upside potential,' indicating it is functional but outdated. While it features updated heating and solar components, the lack of interior photos for the kitchen and bathrooms—coupled with visible cracking in the driveway and aged exterior features—suggests the home requires minor to moderate updates to meet current market standards.
The generous 5,900 sq ft lot provides significant upside for expansion or the addition of an ADU, offering excellent value-add opportunities for investors or homeowners looking to maximize equity.
Situated in the desirable Centinela Heights area, the property offers exceptional proximity to major employment hubs, transit corridors, and Los Angeles' premier entertainment venues.
This 1927 cottage blends timeless architectural charm and original wood flooring with modern, energy-conscious upgrades including solar-integrated heating components.
At approximately 1,110 sq ft for a 3-bedroom configuration, the living spaces and bedrooms may feel undersized compared to modern residential standards.
The assigned public schools carry low ratings (2/10 and 3/10), which may be a deterrent for families prioritizing educational performance and could impact future resale velocity.
Charming 1927 single-story home located in the desirable North Inglewood/Centinela Heights neighborhood of Inglewood. This 3-bedroom, 2-bath residence offers approximately 1,110 sq ft of living space on a generous ~5,900 sq ft lot, providing ample outdoor potential for expansion, entertaining, or ADU possibilities (buyer to verify). The home features classic character with a traditional cottage-style design, including a pitched roof-line, wood flooring, and a functional single-level layout. Interior highlights include a spacious living area, natural light throughout, and updated heating with solar components. The sizable backyard offers flexibility for customization, while the property's established footprint presents an excellent opportunity for renovation or value-add improvements. Built in 1927, this home blends vintage charm with modern upside potential. Conveniently situated near local shopping, dining, schools, and major transit corridors, with close proximity to major employment hubs and entertainment venues throughout the greater Los Angeles area.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,110 | 1,248 | 37% |
| Lot Size | 5,920 | 5,633 | 58% |
| Price | $975.0K | $830.0K | 58% |
| Price per sq ft | $878 | $773 | 68% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 187 | 5% |
Apr 8, 2026
$975,000
Initial Listing
Dec 17, 1998
$170,000
Public Record
Aug 9, 1994
$152,000
Public Record