549 Hargrave Street, Inglewood, California 90302, Inglewood, 90302 - 2 bed, 1 bath
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549 Hargrave Street
Inglewood, California 90302
ACTIVE
CONDITION: POOR
2Beds
1Baths
800Sq Ft
6,254Lot Size
Property Price
LIST PRICE$725,000
EST. MARKET VALUE
$713,923
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $725,000, positioned slightly above the $713,924 Fair Market Value. While the property requires significant work, its Condition Rating of 5 is offset by the R2-zoned 6,254 sqft lot, which provides substantial development upside in a rapidly transforming entertainment hub. The home features a functional, open floor plan, though it requires a full rehab to address unpermitted structures. This is a strategic acquisition ideal for Buy-and-Hold Investors or Experienced Developers seeking to maximize density.
Estimated Market Value
$713,923
Based on Realkey algorithm analyzing recent comparable sales in Inglewood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 549 Hargrave Street Subject | $725,000* List Price | 2 | 1 | 800 | $892 | - |
A 1144 E 65th Active Under Contract | $749,000 List Price | 3 | 1 | 950 | $788 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1923 and marketed as an investor's delight, this property requires significant repairs and contains multiple unpermitted structures. The interior shows dated finishes and poor wall conditions, while the 'as-is' sale status and lack of recent system updates indicate a need for a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property sits on a generous 6,254 sqft lot zoned R2, offering significant upside for investors to add units or expand in a high-demand rental market.
- Prime Location
Situated in the desirable North Inglewood neighborhood, the home is perfectly positioned to benefit from the city's transformation into a premier sports and entertainment hub.
- Functional Layout
The interior features a bright, open floor plan with a formal dining room and dedicated laundry space, providing a solid foundation for a modern renovation.
CONSRISKS & DEFICIENCIES
- Unpermitted Modifications
Multiple structures, including a garage conversion and a secondary unit, were built without permits, which may complicate traditional financing and require costly legalization.
- As-Is Condition
The home requires significant repairs and is being sold strictly as-is, with the seller refusing to address any maintenance or lender-required improvements.
About 549 Hargrave Street
Located in the desirable North Inglewood neighborhood, this home offers great potential and is an investor's delight. The City of Inglewood is undergoing a massive transformation into a premier Southern California entertainment and sports hub.The property features a bright, open floor plan, a formal dining room, a laundry/service room, and a spacious backyard on an R2-zoned lot of over 6,000 square feet.Please note that several modifications have been conducted without proper city permits, including a garage conversion into an efficiency unit and a second unpermitted structure of approximately 200-300 square feet. The main home has also undergone some alterations and requires repairs.The property will be sold as-is; the seller will not complete any repairs, lender-required or otherwise. The home will be delivered vacant at closing.Agents, please review the private remarks for showing instructions and details on submitting offers. Thank you for showing this property, and I look forward to working with you.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 6,254 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,449.349 |
| Lot Size | 6,254 | 6,311.605 |
| Price | $725.0K | $846.5K |
| Price per sq ft | $906 | $592 |
| Built year | 1923 | 1943 |
| HOA | $0 | $245 |
| Days on market | 23 | 61 |
Pricing History
Listed for Sale
Aug 17, 2026
$725,000
Initial Listing
Sold
Jun 18, 1996
$93,000
Public Record