5430 W 119th, Inglewood, California 90304, Inglewood, 90304 - 2 bed, 2 bath

5430 W 119th, Inglewood, California 90304 home-pic-0
ACTIVE$1,300,000
5430 W 119th, Inglewood, California 90304
2Beds
2Baths
1,365Sqft
7,831Lot

Price Vs. Estimate

The estimated value ($1,133,475.435) is $166,524.565 (12%) lower than the list price ($1,300,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7831, living area = 1365.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.30M vs avg $775.0K (+$525,000)85%
Size:1,365 sqft vs avg 1,176 sqft62%
Price/sqft:$952 vs avg $66777%

More Insights

Built in 1939 (86 years old).
Condition: Built in 1939, this property is 85 years old. The complete absence of interior images, particularly for the kitchen and bathrooms, strongly suggests these areas are significantly outdated and require substantial renovation. The MLS listing's own analysis highlights the 'Age of Property' and 'potential for outdated systems (plumbing, electrical) and aesthetics that may require significant modernization investments.' While the exterior appears maintained with some potential updates like windows, the interior, especially key areas like the kitchen and bathrooms, is likely in a condition that necessitates major rehabilitation to meet current standards and comfort.
Year Built
1939
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$952
HOA
-
Days on market
-
Sold On
-
MLS number
OC25273529
Home ConditionPoor
Features
ViewNeighborhood

About this home

Nice family home located on a quiet Street in Del Aire area, east of Aviation Blvd. This 2 Beds 2 Baths property with a large private backyard, is also located in the Wiseburn School District.

Price History

Date
Event
Price
07/13/01
Sold
$320,000
05/03/01
Sold
$205,000
Condition Rating
Poor

Built in 1939, this property is 85 years old. The complete absence of interior images, particularly for the kitchen and bathrooms, strongly suggests these areas are significantly outdated and require substantial renovation. The MLS listing's own analysis highlights the 'Age of Property' and 'potential for outdated systems (plumbing, electrical) and aesthetics that may require significant modernization investments.' While the exterior appears maintained with some potential updates like windows, the interior, especially key areas like the kitchen and bathrooms, is likely in a condition that necessitates major rehabilitation to meet current standards and comfort.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7831, living area = 1365.
Wiseburn School District: The property is located within the highly-rated Wiseburn School District, a significant draw for families and a strong value enhancer.
Desirable Location: Situated on a quiet street in the sought-after Del Aire area, east of Aviation Blvd, offering a peaceful and attractive residential environment.
Generous Lot Size: A large private backyard with a 7,831 sqft lot provides ample outdoor living space, privacy, and potential for future expansion or landscaping.
Single Family Residence: As a single-family home, it offers greater autonomy, privacy, and typically stronger appreciation potential compared to attached properties.
Neighborhood View: The property boasts a pleasant neighborhood view, contributing to a desirable living atmosphere.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Age of Property: Built in 1939, the home is 85 years old, suggesting potential for outdated systems (plumbing, electrical) and aesthetics that may require significant modernization investments.
Limited Bedrooms: With only 2 bedrooms, the property may not accommodate larger families or those requiring dedicated home office space, potentially narrowing the buyer pool.
High Price Point: The list price of $1.3 million for a 2-bedroom, 1,365 sqft home built in 1939, even with a desirable school district, could be perceived as high by some buyers, potentially affecting market velocity.

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