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

601 W Elm Avenue, Inglewood, California 90301 home-pic-0
ACTIVE$899,000
601 W Elm Avenue, Inglewood, California 90301
0Bed
0Bath
1,540Sqft
5,456Lot
Year Built
1949
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$584
HOA
-
Days on market
-
Sold On
-
MLS number
SB25261726
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $899.0K(25th), sqft - 1540(25th), beds - undefined(50th), baths - undefined(50th).

This exceptional duplex offers a prime investment opportunity in one of Inglewood’s most desirable neighborhoods! The property features two detached units, each with its own address and separate gas and electric meters—maximizing privacy and rental flexibility. The front unit at 601 W Elm Ave offers 2 bedrooms and 1 bathroom, while the rear unit at 613 S Oak St includes 1 bedroom and 1 bathroom. The rear unit also enjoys an attached 2-car garage plus two additional side-by-side parking spaces under the carport in front of garage. Located just minutes from major entertainment destinations including SoFi Stadium, the Kia Forum, YouTube Theater, Intuit Dome, Hollywood Park Casino, and The Miracle Theater. LAX airport, local beaches, restaurants, shopping centers, grocery stores, and the 405 and 105 freeways are all easily accessible. The revitalizing Old Town Inglewood around Market Street adds charm with cafés, bars, diverse dining options, and community events. Everyday conveniences such as grocery stores, local markets, shopping centers, and parks make the location even more appealing. Inglewood continues to thrive with year-round events, improved transit connections, and ongoing redevelopment—supporting strong rental demand and long-term appreciation. This property is ideal for investors seeking steady cash flow or for owner-occupants who prefer living in one unit while renting the other to offset housing costs. Whether expanding your portfolio or searching for a flexible owner-occupied option, this duplex checks all the boxes. Proximity to venues, excellent rental potential, and a vibrant lifestyle, this Inglewood gem is an opportunity you won’t want to miss.

Price History

Date
Event
Price
11/17/25
Listing
$899,000
06/16/23
Sold
$750,000
07/07/00
Sold
$200,000
Condition Rating
Poor

Built in 1949, the property's age combined with the explicit lack of renovation details and the analysis suggesting 'likely to have original systems and finishes that may require significant capital expenditure for modernization, repairs, or upgrades' indicates a 'Poor' condition. The absence of interior photos, especially of kitchens and bathrooms, further supports the inference that these areas are severely outdated and require substantial repairs and rehabilitation, rather than just minor updates.
Pros & Cons

Pros

Prime Investment Opportunity: This duplex is explicitly marketed as an exceptional investment, ideal for generating steady cash flow or for owner-occupants to offset housing costs, supported by strong rental demand in a thriving market.
Strategic & Amenity-Rich Location: Located minutes from major entertainment venues (SoFi Stadium, Kia Forum, etc.), LAX, and easily accessible freeways (405, 105), offering unparalleled convenience and appeal to potential tenants.
Independent Units with Separate Utilities: Features two detached units, each with its own address and separate gas and electric meters, maximizing tenant privacy, simplifying utility management, and enhancing rental flexibility.
Ample Parking: The rear unit includes an attached 2-car garage plus two additional side-by-side parking spaces under a carport, a significant advantage in a dense urban environment like Inglewood.
Thriving Market & Appreciation Potential: Situated in a revitalizing Inglewood neighborhood with ongoing redevelopment, improved transit, and year-round events, supporting strong long-term appreciation and rental demand.

Cons

Age of Property & Potential for Updates: Built in 1949, the property is likely to have original systems and finishes that may require significant capital expenditure for modernization, repairs, or upgrades to meet contemporary standards and tenant expectations.
Compact Unit Sizes: The units are configured as 2-bedroom/1-bathroom and 1-bedroom/1-bathroom, totaling 1540 sqft. These relatively compact living spaces might limit the target tenant demographic or rental income potential compared to properties with larger units.
Lack of Renovation Details: The description focuses on location and investment potential but provides no information on recent renovations, interior condition, or major system updates, suggesting a buyer should anticipate potential costs for modernization or deferred maintenance.

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