505 E Fairview Boulevard, Inglewood, California 90302, Inglewood, 90302 - 3 bed, 1 bath
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Inglewood, California 90302
This 1923 residence represents a High-Potential Investment Opportunity, currently listed at a List Price of $1,500,000. With a Fair Market Value of $1,243,442, the property is priced above market value. Featuring a Condition Rating of 4, the home requires significant interior modernization to address its dated 3-bedroom, 1-bathroom layout. However, the 8,105 square foot lot offers substantial potential for expansion or ADU development. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive value-add renovation in a prime North Inglewood location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 E Fairview Boulevard Subject | $1,500,000* List Price | 3 | 1 | 1,470 | $853 | - |
A 222 W Hillsdale Street Sold | $1,325,000 | 2 | 2 | 1,544 | $858 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this century-old property is significantly dated, particularly with a 3-bedroom, 1-bathroom configuration. While the exterior has been refreshed with paint and modern solar panels, the age of the structure and visible cracking in the front retaining wall suggest the need for interior updates and potential system modernizations to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8105, living area = 1470.
Situated in the highly desirable North Inglewood area (MLS Area 101), the property offers excellent proximity to major employment hubs and world-class entertainment venues like SoFi Stadium.
The generous 8,105 square foot lot provides significant outdoor space and offers substantial potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The 3-bedroom, 1-bathroom configuration is a significant drawback for modern families and may impact the property's competitiveness against homes with more functional bed-to-bath ratios.
With a recent price increase to $1.5M for 1,470 square feet, the property is positioned at a premium price point that may be difficult to justify given its age and single-bathroom layout.
Exceptional opportunity in Inglewood. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,470 | 1,631.5 |
| Lot Size | 8,105 | 6,064.5 |
| Price | $1.50M | $839.0K |
| Price per sq ft | $1.0K | $571 |
| Built year | 1923 | 1939 |
| HOA | $0 | $0 |
| Days on market | 41 | 67 |
Jun 18, 2026
$1,500,000
Initial Listing
Jun 11, 2026
$1,425,000
Initial Listing