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3207 W 112th, Inglewood, California 90303, Inglewood, 90303 - bed, bath

3207 W 112th, Inglewood, California 90303 home-pic-0
ACTIVE$799,000
3207 W 112th, Inglewood, California 90303
0Bed
0Bath
1,183Sqft
6,016Lot

Price Vs. Estimate

The estimated value ($723,568.72) is $75,431.28 (9%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU & Income Potential: The property includes an ADU-style structure (1 bed/1 bath) alongside the main home, offering significant potential for rental income, extended family living, or guest accommodation.
Top Cons:
Listing Price Discrepancy: The current listing price of $799,000 is approximately 10% higher than the estimated property value of $717,789, suggesting it may be overpriced relative to market estimations.

Compared to the nearby listings

Price:$799.0K vs avg $814.0K ($-15,000)48%
Size:1,183 sqft vs avg 1,467 sqft10%
Price/sqft:$675 vs avg $53986%

More Insights

Built in 1942 (83 years old).
Condition: Built in 1942, this property has undergone some recent cosmetic upgrades in the main house, featuring modern flooring, fresh paint, and updated lighting. However, the ADU's kitchen and bathroom are basic and show signs of being outdated, with an older stove, basic countertops, and dated tile flooring. While the property is move-in ready, the significant age of the structure (1942) and the mixed quality of renovations, particularly in the ADU, suggest that major systems may still be original or older, requiring potential future updates or repairs. The overall condition is maintained but not extensively renovated to current standards throughout.
Year Built
1942
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$675
HOA
-
Days on market
-
Sold On
-
MLS number
SB25223931
Home ConditionFair
Features
Patio
View-

About this home

Welcome to 3207 W 112th St, Inglewood – a charming single-family home with an ADU-style structure offering both comfortable living and strong income potential. The main home features 2 bedrooms and 1 bathroom, thoughtfully upgraded with a bright, inviting interior. Step inside and you’ll find a cute, stylish layout perfect for first-time buyers or those seeking a move-in ready space. The additional structure provides an additional 1 bedroom and 1 bathroom, ideal for extended family, guests, or rental income. With a lot size of 6,016 sq. ft. and R2 zoning, the property also offers exciting future development possibilities for those looking to expand or build (check with the City, tho’) This property sits in the heart of Inglewood’s growth corridor, surrounded by world-class entertainment, tech innovation, shopping, and dining. Whether you choose to live in one unit and rent the other, or hold as a pure investment, the flexibility here is unmatched. Don’t miss this opportunity to own a versatile property in one of LA’s most dynamic neighborhoods! (Some photos virtually staged.)

Price History

Date
Event
Price
11/20/20
Sold
$525,000
06/16/16
Sold
$335,000
01/28/16
Sold
$290,000
02/24/12
Sold
$168,000
Condition Rating
Fair
Built in 1942, this property has undergone some recent cosmetic upgrades in the main house, featuring modern flooring, fresh paint, and updated lighting. However, the ADU's kitchen and bathroom are basic and show signs of being outdated, with an older stove, basic countertops, and dated tile flooring. While the property is move-in ready, the significant age of the structure (1942) and the mixed quality of renovations, particularly in the ADU, suggest that major systems may still be original or older, requiring potential future updates or repairs. The overall condition is maintained but not extensively renovated to current standards throughout.
Pros & Cons

Pros

ADU & Income Potential: The property includes an ADU-style structure (1 bed/1 bath) alongside the main home, offering significant potential for rental income, extended family living, or guest accommodation.
Development Potential: With a 6,016 sq. ft. lot and R2 zoning, the property presents exciting future development possibilities for expansion or additional construction, subject to city approval.
Prime Location: Situated in the heart of Inglewood’s growth corridor, the property benefits from proximity to world-class entertainment, tech innovation, shopping, and dining, enhancing its long-term value.
Move-in Ready Main Home: The main home features a thoughtfully upgraded, bright, and inviting interior with a stylish layout, making it appealing for first-time buyers seeking a move-in ready space.
Investment Versatility: The property offers unmatched flexibility for various investment strategies, including owner-occupancy with rental income, or as a pure investment holding in a dynamic neighborhood.

Cons

Listing Price Discrepancy: The current listing price of $799,000 is approximately 10% higher than the estimated property value of $717,789, suggesting it may be overpriced relative to market estimations.
Age of Property: Built in 1942, the property is an older home, which may imply potential for unseen maintenance issues or the need for updates to major systems not explicitly mentioned as upgraded.
Virtually Staged Photos: The disclosure that 'some photos virtually staged' could lead to a discrepancy between online presentation and the actual physical condition or appearance of the property upon viewing.

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