
Inglewood, California 90301
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,699,800—positioned well below the $1,707,685 Fair Market Value by 0.46%. This property offers $7,885 in Instant Equity. Featuring a Condition Rating of 3, the asset includes a new 2022 roof and R3 Zoning potential. With a vacant front unit and transferable 2027 RSIP upgrades, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow in a high-growth Inglewood corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 532 S Flower Street Subject | $1,649,800* List Price | 0 | 0 | 4,424 | $377 | - |
A 1013 E La Palma Active | $1,995,777 List Price | 0 | 0 | 4,750 | $420 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1928, the property is well-maintained and turn-key due to significant recent capital improvements including a new roof (2022), upgraded electrical panel, and updated kitchens and flooring. The interior appears move-in ready and functional, fitting the criteria for a well-maintained asset with recent renovations.
Situated in a premier growth corridor near SoFi Stadium and Hollywood Park, the property is perfectly positioned to benefit from Inglewood's ongoing redevelopment and high rental demand.
The property includes a transferable RSIP approval for 2027, providing the next owner with free upgrades including new HVAC systems and sound-rated windows and doors, significantly enhancing future value.
With the front house delivered vacant and three units already tenant-occupied, the property offers a rare opportunity for an owner-occupant or an investor to achieve immediate market rents alongside stable income.
Originally constructed in 1928, the property may require more intensive long-term maintenance or systemic updates typical of century-old structures, despite recent capital improvements.
Proximity to major entertainment venues like the Kia Forum and SoFi Stadium can lead to significant neighborhood congestion and noise during high-profile events, which may impact tenant lifestyle.
HUGE PRICE IMPROVEMENT!!! Great opportunity to own an extensively improved 4 unit property situated on a spacious 9,627 square foot R3 zoned lot, just moments from SoFi Stadium, the Kia Forum, Hollywood Park, and the ongoing redevelopment transforming Inglewood. The property features a front house that will be delivered vacant at the close of escrow, creating exceptional flexibility for an owner occupant, investor, short term rental operator, or tenant seeking market rent. The three rear units are tenant occupied, providing immediate and stable rental income from day one. This turn key asset has benefited from thoughtful upgrades and improvements and is professionally managed and operated. Recent enhancements include a new roof installed in 2022, a permitted kitchenette in the main house, an updated kitchen in the main house, and an upgraded electrical panel. The property has also been approved for additional improvements through the Residential Sound Insulation Program (RSIP). Scheduled for installation in early 2027, and transferable to the next owner, these improvements include upgraded HVAC systems, new interior and exterior doors, and dual and triple pane windows, representing a substantial future benefit at no cost to the buyer. The property also offers four attached single car garages, creating valuable parking and storage options. Buyers may wish to explore the potential for future ADU conversion, subject to city requirements and approvals, adding another layer of long term upside. With strong in place income, a vacant owner's unit, significant recent capital improvements, development friendly R3 zoning, and a premier location in one of Southern California's most dynamic growth corridors, this property presents an exceptional combination of current cash flow and future appreciation potential. This one is a slam dunk and truly does not disappoint.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,424 | 3,543 |
| Lot Size | 9,615 | 7,319 |
| Price | $1.65M | $956.7K |
| Price per sq ft | $373 | $26.8K |
| Built year | 1928 | 1990 |
| HOA | $0 | $0 |
| Days on market | 50 | 126 |
Jun 18, 2026
$1,649,800
$1,699,800
-3% Price Drop
Initial Listing
Jun 2, 2026
$1,699,800
Initial Listing
Jun 11, 2021
$1,300,000
Public Record
Dec 2, 2003
$500,000
Public Record
Apr 23, 2001
$307,000
Public Record