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535 W Olive Street, Inglewood, California 90301, Inglewood, 90301 - bed, bath

535 W Olive Street, Inglewood, California 90301 home-pic-0
ACTIVE$875,000
535 W Olive Street, Inglewood, California 90301
0Bed
0Bath
2,556Sqft
4,234Lot
Year Built
1924
Close
-
List price
$875K
Original List price
$935K
Price/Sqft
$342
HOA
-
Days on market
-
Sold On
-
MLS number
SB25152405
Home ConditionPoor
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(25th), sqft - 2556(50th), beds - undefined(50th), baths - undefined(50th).

Incredible Opportunity – Two Homes on One Lot! Live in one and rent the other for extra income or extended family living. A perfect setup for homeowners or savvy investors! The main front home is a two-story residence offering versatile living space. The first floor features: Two comfortable bedrooms. One full bathroom and a convenient half-bath. A functional kitchen and dining area with decorative nonworking fire place. In-unit laundry for added convenience. Upstairs, you'll find a second full bathroom: A spacious sized third bedroom, and a bright and airy living room. The second unit is a private, detached 1-bedroom, 1-bath home, living room. Long driveway, detached 2-car garage, cozy back patio. Located near the 405 Freeway, LAX, shops, restaurants, SoFi Stadium, and Dockweiler Beach, this property offers both comfort and convenience. A must-see with endless potential!

Price History

Date
Event
Price
10/15/25
Price Change
$875,000-1.1%
09/27/25
Price Change
$885,000+4.7%
09/25/25
Price Change
$845,000-6.1%
08/09/25
Price Change
$899,999
07/08/25
Listing
$935,000
08/27/99
Sold
$185,000
Condition Rating
Poor
Built in 1924, this property shows significant age throughout. Both kitchens and all bathrooms are extremely dated in style, featuring older cabinets, laminate countertops, basic and aged appliances, and outdated light fixtures (including fluorescent lighting in one kitchen). The flooring consists of worn, dated carpets and older laminate/tile. While the property appears functional and maintained, it requires substantial rehabilitation and modernization in all key areas to meet contemporary standards, aligning with the 'Poor' condition criteria for properties built over 30 years ago with renovations likely 30-50 years old.
Pros & Cons

Pros

Income-Generating Potential: The property features two separate homes on one lot, offering a significant opportunity for rental income or flexible multi-generational living arrangements.
Strategic Location: Its prime location provides excellent access to the 405 Freeway, LAX, SoFi Stadium, and a variety of shops, restaurants, and recreational spots like Dockweiler Beach.
Versatile Living Space: The main two-story home combined with a detached 1-bedroom unit offers a highly adaptable layout suitable for various family structures or investment strategies.
Ample Parking & Garage: The presence of a long driveway and a detached 2-car garage is a valuable asset, providing convenient and secure parking in an urban environment.
City Lights View: The property boasts a desirable 'City Lights' view, enhancing its aesthetic appeal and potentially increasing its market value.

Cons

Age of Property & Potential for Updates: Built in 1924, the property is nearly a century old, suggesting it may require substantial renovations, system upgrades, and ongoing maintenance to meet contemporary standards.
Non-Functional Fireplace: The description notes a 'decorative nonworking fireplace,' indicating a feature that is not operational and may require repair or removal.
Volatile Price History: The property has experienced multiple price adjustments, including drops and increases, which could suggest challenges in market valuation or an extended period on the market, potentially raising buyer concerns.

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