3907 W 109th Street, Inglewood, California 90303, Inglewood, 90303 - 3 bed, 1 bath
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Inglewood, California 90303
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned above the $661,939 Fair Market Value. While the current structure holds a Condition Rating of 6, the value lies in the 9,030 SF lot and City-Approved Plans for a 4-unit development. By bypassing entitlement timelines, this asset offers immediate scalability in a high-demand corridor near SoFi Stadium. This is a strategic acquisition ideal for Real Estate Developers or Buy-and-Hold Investors focused on maximizing density and long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3907 W 109th Street Subject | $875,000* List Price | 3 | 1 | 766 | $853 | - |
A 3142 W 112th Street W Sold | $675,000 | 2 | 1 | 806 | $837 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a shovel-ready development opportunity with city-approved plans and permits for a four-unit project. Built in 1923, the existing 766 sq. ft. structure is described as a demolition liability with negligible value, indicating it is not intended for habitation and the value lies solely in the land and redevelopment potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9030, living area = 766.
The property includes city-approved plans and permits for a four-unit project, allowing an investor to bypass the lengthy entitlement process and begin construction immediately.
Located in a high-demand pocket of Inglewood near SoFi Stadium, Intuit Dome, and LAX, the property is perfectly positioned to capitalize on the area's massive economic revitalization.
At nearly $1,000,000 for a teardown structure, the high acquisition cost requires a developer with significant liquid capital to cover both the land and subsequent construction costs.
The original 1923 structure is small and likely obsolete, representing a demolition liability rather than a functional asset that could provide interim rental income.
APPROVED PLANS – exceptional opportunity in the heart of Inglewood offering flexibility for both homeowners and developers alike. Situated on an oversized 9,000 SF lot, the property currently features a charming single-family residence with tremendous potential for owner-occupants, investors, or future development. For developers and builders, the property is being offered with city-approved plans for a 4-unit project including an ADU, allowing the ability to begin construction immediately while avoiding lengthy entitlement timelines. The approved modern design presents a strong build-to-rent or build-and-sell opportunity in one of Inglewood’s fastest-growing markets. For homeowners, the expansive lot provides ample outdoor space, future expansion potential, and the opportunity to enjoy the property today while benefiting from long-term upside. Ideally located near SoFi Stadium, Intuit Dome, Kia Forum, LAX, shopping, dining, and major freeway access, the property is positioned in a rapidly growing corridor with strong demand and continued neighborhood investment. Plans and approvals available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 766 | 1,681 | 3% |
| Lot Size | 9,030 | 6,647 | 94% |
| Price | $875.0K | $856.0K | 55% |
| Price per sq ft | $1.1K | $515 | 97% |
| Built year | 1923 | 1950 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 137 | 26% |
Jun 3, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
May 19, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
May 14, 2026
$925,000
$950,000
-3% Price Drop
Initial Listing
Apr 16, 2026
$950,000
$995,000
-5% Price Drop
Initial Listing
Mar 3, 2026
$995,000
Initial Listing
Jan 31, 2023
$620,000
Public Record