5018 W 111th Pl, Inglewood, California 90304, Inglewood, 90304 - 4 bed, 3 bath
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Inglewood, California 90304
This Value-Add Multi-Generational Asset is listed at $699,999, representing a strategic acquisition near the $646,359 Fair Market Value. Currently holding a Condition Rating of 5, this 1912-built home requires comprehensive modernization but offers immense potential via its expanded layout, including a secondary kitchen and bonus room. Located directly across from Lennox Middle School and minutes from the 105 and 405 freeways, the property is positioned for high rental demand. Eligible for a 203K renovation loan, this project is perfectly suited for Fix-and-Flip Investors or Contractors looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5018 W 111th Pl Subject | $699,999* List Price | 4 | 3 | 1,683 | $384 | - |
A 4341 W 106th Street Active | $899,000 List Price | 5 | 4 | 2,104 | $427 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912 with a kitchen and interior finishes appearing over 30 years old. The listing explicitly states the property is sold 'AS IS' and suggests a 203K rehab loan, indicating significant deferred maintenance and the need for a full renovation of systems and interiors.
The expanded layout features a secondary kitchen area, a full bath, and a versatile bonus room, making it ideal for multi-generational living, guest quarters, or potential rental income.
Conveniently situated near the 105 and 405 freeways and directly across from Lennox Middle School, the property offers excellent accessibility for commuters and families.
With a recent price reduction and eligibility for a 203K renovation loan, this property presents a significant opportunity for investors or buyers looking to build equity through improvements.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1683, other record living area = 1368. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The seller will not complete any repairs, meaning the buyer must assume all costs for necessary upgrades and deferred maintenance typical of a home built in 1912.
Given the original construction date of 1912, the property likely requires extensive modernization of core systems such as electrical, plumbing, and foundation to meet current building codes.
This home is located by the 105 and 405 freeways directly across the street from Lenox Middle school and boasts of plenty of street parking , this Spacious home featuring an expanded layout with additional living area that seamlessly connects to main residence and laundry room. The extended space offers a versatile bonus room, secondary kitchen area, and full bath-ideal for multi-generational living, guests, or or flexible use. Buyer to verify all measurements, square footage, and property details with the City. Property being sold AS IS , Seller will not be completing any repairs may Qualify for 203K Loan.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,683 | 1,243 | 67% |
| Lot Size | 5,176 | 6,032.5 | 25% |
| Price | $700.0K | $840.0K | 25% |
| Price per sq ft | $416 | $605 | 17% |
| Built year | 1912 | 1943 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 219 | 8% |
Apr 18, 2026
$699,999
$760,000
-8% Price Drop
Initial Listing
Mar 4, 2026
$760,000
Initial Listing