535 W Olive Street, Inglewood, California 90301, Inglewood, 90301 - 0 bed, 0 bath
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Inglewood, California 90301
This duplex presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well below the $984,999 Fair Market Value by 3%. This valuation gap offers $34,999 in Instant Equity for buyers. Featuring a 2,556 sqft layout with a Condition Rating of 5, the property requires modernization to maximize rental yields. Its proximity to the SoFi Stadium and Intuit Dome ensures strong demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 535 W Olive Street Subject | $915,000* List Price | 0 | 0 | 2,556 | $372 | - |
A 415 Magnolia Sold | $1,057,000 | 4 | 3 | 2,311 | $457 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this property shows significant signs of age with an interior that has not been substantially renovated in over 30 years. Visible issues include heavily worn pink carpeting, popcorn ceilings, and very dated bathroom fixtures and vanities. The listing description explicitly notes the need for upgrades and modernization, indicating the home requires a full rehab to meet modern standards.
The duplex configuration, featuring a substantial 4-bedroom front home and a separate 1-bedroom rear unit, provides excellent flexibility for high rental yield or a house-hacking strategy.
Situated near major landmarks including SoFi Stadium, the Kia Forum, and the Intuit Dome, the property is located in a high-demand area with strong potential for long-term appreciation.
With a spacious 2,556 square foot layout and dated interiors, this property offers a perfect canvas for investors to modernize the space and significantly increase equity.
Built in 1924 and noted as needing upgrades, the property likely requires substantial capital expenditure to address dated systems and cosmetic finishes.
The listing explicitly requires the buyer to verify permits for the covered patio, indicating potential unpermitted work that could complicate financing or future city compliance.
Fantastic income-producing opportunity in the heart of Inglewood! This duplex offers incredible potential with a spacious front home featuring 4 bedrooms and 3 bathrooms—a solid layout ready for your personal touch. While some areas are dated and in need of upgrades, the home provides a wonderful canvas to modernize and add value. Enjoy ceiling fans throughout, a covered patio (buyer to verify permits), and washer/dryer hookups conveniently located at the rear. The rear unit includes 1 bedroom and 1 bathroom, also offering great upside for improvements or immediate rental income. Located on a quiet residential street close to major freeways, SoFi Stadium, the Kia Forum, Intuit Dome, shopping, and dining. Whether you’re an investor or looking to live in one and rent the other, this property offers strong potential and flexibility. Bring your vision and unlock the possibilities with this promising Inglewood duplex!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,556 | 1,631.5 |
| Lot Size | 4,234 | 6,064.5 |
| Price | $915.0K | $839.0K |
| Price per sq ft | $358 | $571 |
| Built year | 1924 | 1939 |
| HOA | $0 | $0 |
| Days on market | 34 | 67 |
Jul 7, 2026
$915,000
$950,000
-4% Price Drop
Initial Listing
Jun 18, 2026
$950,000
Initial Listing
Aug 27, 1999
$185,000
Public Record