3229 W 111th, Inglewood, California 90303, Inglewood, 90303 - 2 bed, 2 bath
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Inglewood, California 90303
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 instant equity, its Condition Rating of 4 and strategic location near SoFi Stadium and the Intuit Dome offer significant upside through modernization. The 6,014 sqft lot provides excellent Development Potential for an ADU, making this a prime asset for long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the upcoming Olympics-driven demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3229 W 111th Subject | $735,000* List Price | 2 | 2 | 825 | $878 | - |
A 3221 W 113th Active Under Contract | $749,000 List Price | 3 | 1 | 1,089 | $688 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the structure dates back to 1950 (74 years), the property has received key updates including a new roof (2 years old) and a recently added second bathroom. However, the 'investor' focus and dated exterior suggest the kitchen and original systems likely require modernization to meet current standards.
Situated within 10 minutes of SoFi Stadium, Intuit Dome, and Hollywood Park, the property is ideally positioned to benefit from the high demand and appreciation surrounding major entertainment hubs and the upcoming Olympics.
The generous 6,014 sqft lot provides a significant opportunity for investors to add an accessory dwelling unit (ADU) or a second unit, maximizing the property's income-generating potential.
With a roof replaced approximately two years ago and the recent addition of a second full bathroom, the home features key upgrades that enhance functionality and reduce immediate maintenance costs.
At only 825 square feet, the living space is relatively small for a two-bedroom, two-bathroom home, which may feel cramped for some buyers or limit furniture layout options.
The explicit requirement for the buyer to verify all permits, especially for the newly added bathroom, suggests potential hurdles with building code compliance that could affect future financing or resale.
*********** ATTENTION INVESTORS AND SAVVY BUYERS ******************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. This property will go fast. Come by and take a look at your future investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 825 | 1,631.5 |
| Lot Size | 6,014 | 6,064.5 |
| Price | $735.0K | $839.0K |
| Price per sq ft | $891 | $571 |
| Built year | 1950 | 1939 |
| HOA | $0 | $0 |
| Days on market | 5 | 67 |
Jul 17, 2026
$735,000
Initial Listing