524 Magnolia Avenue, Inglewood, California 90301, Inglewood, 90301 - 2 bed, 1 bath
524 Magnolia Avenue
Inglewood, California 90301
Property Price
SUMMARY
Analysis of 524 Magnolia Avenue, Inglewood, California 90301 reveals a Prime Investment Opportunity with a current list price of $725,000—significantly undercutting the $817,232 Fair Market Value by 11%. This valuation gap indicates a +$92,232 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Inglewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 524 Magnolia Avenue Subject | $725,000* List Price | 2 | 1 | 1,124 | $727 | - |
A 4828 W 93rd Street Sold | $600,000 | 2 | 1 | 814 | $737 | 0.2 mi |
B 626 S Inglewood Avenue Active | $815,000 List Price | 1,258 | $648 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1929, this home is described as 'well maintained' and features original hardwood floors in good condition throughout most living areas. However, the kitchen and bathroom are significantly outdated in style and likely function, appearing to be original or from a very old renovation (likely 50+ years ago). The kitchen has older white appliances and dated cabinetry/countertops, and the bathroom features vintage tile work and fixtures. While functional and clean, these areas require substantial cosmetic and potential system updates to meet modern standards, aligning with the 'aged but maintained' and 'major components are functional but show signs of being outdated' criteria for a 'Fair' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location
The property is situated in an 'ideal' and 'desirable neighborhood' in Inglewood, offering strong community appeal and potential for appreciation.
- Well-Maintained Condition
Described as a 'charming and well maintained home,' suggesting good upkeep and potentially fewer immediate repair needs for a property of its age.
- Bright & Spacious Interiors
Features a 'bright spacious living room and dining room' with 'abundant natural light,' creating an inviting and comfortable atmosphere.
CONSRISKS & DEFICIENCIES
- Older Construction
Built in 1929, the property is an older home, which may imply outdated systems, potential for age-related maintenance, or a need for modern updates despite being well-maintained.
- Limited Bathroom Count
With only one bathroom, this could be a significant functional drawback for multiple occupants or when hosting guests, impacting daily convenience.
- Modest Interior Space
At 1124 square feet with 2 bedrooms, the home offers limited interior living space, which might not suit larger families or those desiring more expansive rooms.
About 524 Magnolia Avenue
Welcome to 524 Magnolia, a charming and well maintained home offering comfort, functionality, and an ideal location. This inviting property features a bright spacious living room and dining room. Home has an abundant natural light. Outdoor space offers plenty of room to relax, garden or host gatherings. Additional highlights include a nice size driveway leading to the garage. Laundry connection in garage. Whether you are a first time buyer, growing a family or an investor this home presents an excellent opportunity in a desirable neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 4,845 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 1,124 | 1,600 | 15% |
| Lot Size | 4,845 | 5,896 | 23% |
| Price | $725.0K | $890.0K | 23% |
| Price per sq ft | $645 | $500 | 77% |
| Built year | 1929 | 1939 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 176 | 8% |
Pricing History
Listed for Sale
Jan 20, 2026
$725,000
Initial Listing