612 E Fairview Boulevard, Inglewood, California 90302, Inglewood, 90302 - bed, bath
ACTIVE$1,070,000
612 E Fairview Boulevard, Inglewood, California 90302
0Bed
0Bath
1,701Sqft
3,518Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is configured as a duplex, offering excellent flexibility for an owner-occupant to live in one unit and rent the other, or for an investor to generate income from both units, including potential for short-term rentals (ABB).
Top Cons:
Property Age: Built in 1947, the property is over 75 years old, which may imply outdated infrastructure, systems (plumbing, electrical, HVAC), and potential for significant renovation or repair costs in the near future.
Compared to the nearby listings
Price:$1.07M vs avg $1.07M (+$0)50%
Size:1,701 sqft vs avg 1,720 sqft33%
Price/sqft:$629 vs avg $62950%
More Insights
Built in 1947 (78 years old).
Condition: The property, built in 1947, is 77 years old. While some areas like the living room and bedrooms show signs of recent cosmetic updates (newer carpet, neutral paint, some updated windows and light fixtures), the kitchen is significantly outdated with old cabinets and countertops, despite having newer black appliances. The absence of bathroom images prevents a full assessment, but typically, a dated kitchen suggests similar conditions in bathrooms. Given the property's age, major systems (plumbing, electrical, HVAC) are likely original or very old, implying a high probability of needing substantial repairs and rehabilitation in the near future. The kitchen alone requires a full renovation to meet modern standards, which is a substantial undertaking, pushing the overall condition into the 'poor' category rather than 'fair' which implies only minor updates.
Year Built
1947
Close
-
List price
$1.07M
Original List price
$1.1M
Price/Sqft
$629
HOA
-
Days on market
-
Sold On
-
MLS number
SW25133627
Home ConditionPoor
Features
Patio
View-
About this home
Come take a look at what could be the best income in North Inglewood. Live in one and rent the other. Great for ABB. Property is located near 405 & 105 freeways, LAX, SOFI STADIUM, INTUIT DOME, KIA FORM,YOUTUBE THEATER, SHOPPING, PARKS, BUSES AND MORE. Both units feature 2br/1ba. Each has their own garage. This is one of the fastest growing neighborhoods. Enjoy the low maintenance lot and relax with a peace of mind.
Price History
Date
Event
Price
04/04/96
Sold
$130,000
Condition Rating
Poor
The property, built in 1947, is 77 years old. While some areas like the living room and bedrooms show signs of recent cosmetic updates (newer carpet, neutral paint, some updated windows and light fixtures), the kitchen is significantly outdated with old cabinets and countertops, despite having newer black appliances. The absence of bathroom images prevents a full assessment, but typically, a dated kitchen suggests similar conditions in bathrooms. Given the property's age, major systems (plumbing, electrical, HVAC) are likely original or very old, implying a high probability of needing substantial repairs and rehabilitation in the near future. The kitchen alone requires a full renovation to meet modern standards, which is a substantial undertaking, pushing the overall condition into the 'poor' category rather than 'fair' which implies only minor updates.
Pros & Cons
Pros
Income-Generating Duplex: The property is configured as a duplex, offering excellent flexibility for an owner-occupant to live in one unit and rent the other, or for an investor to generate income from both units, including potential for short-term rentals (ABB).
Strategic Location: Situated near major freeways (405 & 105), LAX, and prominent entertainment/sports venues like SoFi Stadium, Intuit Dome, Kia Forum, and YouTube Theater, enhancing its appeal for tenants and potential for appreciation.
High-Growth Neighborhood: Located in 'one of the fastest growing neighborhoods' in North Inglewood, indicating strong market demand, potential for property value appreciation, and a vibrant community.
Individual Garages: Each unit benefits from its own garage, providing valuable off-street parking and additional storage, a highly sought-after amenity for both owners and renters.
Low Maintenance Lot: The property features a low-maintenance lot, appealing to buyers looking for minimal upkeep and reduced ongoing landscaping costs, allowing for more relaxation.
Cons
Property Age: Built in 1947, the property is over 75 years old, which may imply outdated infrastructure, systems (plumbing, electrical, HVAC), and potential for significant renovation or repair costs in the near future.
No Specific View: The property description explicitly states 'view: None,' which could be a disadvantage for buyers who prioritize scenic outlooks, potentially limiting its appeal compared to properties with desirable views.
Recent Price Reductions: The listing history shows multiple price reductions from the original list price, which might suggest the property was initially overpriced or has faced challenges in attracting buyer interest at its previous price points.