3229 W 111th, Inglewood, California 90303, Inglewood, 90303 - 2 bed, 2 bath
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3229 W 111th
Inglewood, California 90303
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,029Sq Ft
6,014Lot Size
Property Price
LIST PRICE$620,000
EST. MARKET VALUE
$666,866
7% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $735,000, positioned slightly above the $724,624 Fair Market Value. While the property lacks immediate instant equity, its Fair Condition Rating is bolstered by a recent roof replacement and a new second bathroom. The 6,014 sqft lot and proximity to major entertainment hubs like SoFi Stadium provide significant upside for ADU development and rental income. This is a strategic value-add asset ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage Inglewood’s rapid appreciation.
Estimated Market Value
$666,866+$46,866 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Inglewood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3229 W 111th Subject | $620,000* List Price | 2 | 2 | 1,029 | $648 | - |
A 10233 S 3rd Avenue Sold | $795,000 | 3 | 2 | 1,369 | $581 | 0.7 mi |
B 3625 W 106th Sold | $778,000 | 0 | 0 | 1,220 | $638 | 0.5 mi |
C 2313 Hudspeth Street Sold | $746,000 | 3 | 2 | 1,290 | $578 | 0.6 mi |
D 3129 W 112th Active | $749,995 List Price | 3 | 1 | 1,110 | $676 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1950, the property is over 70 years old but avoids a 'Poor' rating due to a new roof (2 years old) and a recently added second bathroom. The 'Attention Investors' marketing and dated exterior suggest the kitchen and primary systems likely require modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Entertainment Proximity
Located within 10 minutes of SoFi Stadium, Intuit Dome, and Hollywood Park, this property is ideally positioned to benefit from the massive appreciation and rental demand driven by the upcoming Olympics and local sports venues.
- Development & Income Potential
The oversized 6,014 sqft lot offers a significant opportunity for investors to add an ADU or a second unit, maximizing the property's density and potential for passive income.
- Key Capital Improvements
The property features a newer roof (approximately 2 years old) and a recently added second full bathroom, providing essential modern upgrades that add immediate value and reduce near-term maintenance costs.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 825 square feet, the living space is quite compact for a two-bedroom, two-bathroom home, which may feel restrictive for owner-occupants or families.
- Permit Verification Risk
The listing explicitly requires the buyer to verify all permits, particularly for the newly added bathroom, suggesting potential risks regarding unpermitted work or building code compliance.
About 3229 W 111th
*********** BACK ON THE MARKET ! PRICE REDUCED FOR A QUICK SALE ! LET'S GO ******************This property is a 2/2 on a huge lot. This property has a unique opportunity to possibly add another unit to create income. There is great potential for future appreciation. KEY THINGS TO KNOW ABOUT THIS PROPERTY: Roof was replaced about 2 years ago. A 2nd full bathroom was recently added. This property is about 10 mins from SoFi Stadium, the Kia Forum, Intuit Dome, Hollywood Park and YouTube Theater. Nearby entertainment destinations for upcoming Olympics. Close to major freeways. Buyer to verify all info regarding permits. Come by and take a look at your future investment. MAKE AN OFFER.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 6,014 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,029 | 1,449.349 |
| Lot Size | 6,014 | 6,311.605 |
| Price | $620.0K | $846.5K |
| Price per sq ft | $603 | $592 |
| Built year | 1950 | 1943 |
| HOA | $0 | $245 |
| Days on market | 54 | 61 |
Pricing History
Listed for Sale
Sep 3, 2026
$620,000
$720,000
-14% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$720,000
$735,000
-2% Price Drop
Initial Listing
Price Change
Jul 17, 2026
$735,000
Initial Listing