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601 W Elm Avenue, Inglewood, California 90301, Inglewood, 90301 - bed, bath

601 W Elm Avenue, Inglewood, California 90301 home-pic-0
ACTIVE$950,000
601 W Elm Avenue, Inglewood, California 90301
0Bed
0Bath
1,540Sqft
5,456Lot
Year Built
1949
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$617
HOA
-
Days on market
-
Sold On
-
MLS number
SB24237149
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $950.0K(50th), sqft - 1540(25th), beds - undefined(50th), baths - undefined(50th).

Prime Duplex Opportunity in the Heart of Inglewood! This incredible duplex offers a rare investment opportunity in one of Inglewood’s most sought-after locations. The property features two separate units, each with its own address: 601 W Elm Ave is a 2 bedroom 1 bathroom unit & 613 S Oak St is a 1 bedroom 1 bathroom unit. There is a 2-car garage attached to the back unit with 2 additional side-by-side parking spaces in front of the garage under the attached carport. Situated near major entertainment and sports venues, including Kia Forum, SoFi Stadium, YouTube Theater, Hollywood Park and Intuit Dome. A few minutes to LAX airport, the beach, restaurants, shopping centers, grocery stores, 405 FWY & 105 FWY and much more.

Price History

Date
Event
Price
06/16/23
Sold
$750,000
07/07/00
Sold
$200,000
Condition Rating
Fair
The property was built in 1949 and is a duplex. The images show an aged property. While the property seems maintained, it likely requires updates, especially in the kitchen and bathrooms. Given the age, major components are likely functional but outdated. It's unlikely to be in poor condition as it's an active listing, but it's not modern or recently renovated.
Pros & Cons

Pros

Prime Location: Located in a highly desirable area of Inglewood, near major entertainment venues like Kia Forum and SoFi Stadium, offering strong rental appeal.
Income Potential: Duplex property with two separate units (2 bed/1 bath and 1 bed/1 bath) provides immediate rental income opportunities.
Convenient Access: Close proximity to LAX airport, beaches, restaurants, shopping centers, and major freeways (405 & 105) enhances tenant convenience.

Cons

Year Built: Built in 1949, the property may require updates or renovations to meet modern tenant expectations.
Limited Parking: While there is a 2-car garage and carport, parking may be limited for tenants and could be a consideration for some renters.

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