
Inglewood, California 90302
This property presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned above the $952,556 Fair Market Value. While the price reflects current market positioning, the R-3 Zoning and expansive 8,967 sq. ft. lot provide significant long-term development upside. Featuring a Condition Rating of 5, the asset requires cosmetic updates, offering a clear path to forced appreciation. This duplex is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to leverage special financing grants in a high-demand Inglewood location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 637 Hill Street Subject | $1,000,000* List Price | 0 | 0 | 2,700 | $353 | - |
A 213 E Hazel Sold | $860,000 | 0 | 0 | 2,168 | $397 | 0.9 mi |
B 213 E Hazel Street Sold | $860,000 | 4 | 3 | 2,168 | $397 | 0.9 mi |
C 376 E Hillsdale Street Sold | $1,125,000 | 0 | 0 | 3,543 | $318 | 1.0 mi |
D 370 E Hillsdale Street Sold | $1,230,000 | 0 | 0 | 3,543 | $347 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 with no significant interior renovations in over 30 years. The kitchen features dated oak cabinetry and tile countertops from a previous era. The listing confirms both units require new flooring and paint, and the exterior shows signs of deferred maintenance on the trim and garage doors.
The expansive 8,965 sq. ft. lot is zoned R-3, offering significant opportunities for future expansion or high-density redevelopment in a high-demand Inglewood location.
The property features a rare 1,800 sq. ft. 4-bedroom back house and a 900 sq. ft. front unit, providing exceptional living space and high rental income potential.
The property is located in a census tract that qualifies for special grants and financing through City National Bank, providing a unique financial advantage for buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 1800.
Both units require cosmetic updates including interior paint, flooring, and exterior trim work, necessitating immediate post-purchase capital investment.
The front unit is currently tenant-occupied, which may limit immediate access for renovations or owner-occupancy depending on existing lease terms.
If you are looking for a huge lot 8,965 sq. ft. R-3 price to sell 2 units, back house is a very private large 4 bed. 2ba. 1,1,800 sq. ft. with its own backyard surrounded by fruit tress with a beautiful large deck to enjoy. Master bedroom has its own bathroom., kitchen has washer and dryer installation with separate dining room that opens to the deck area. It also has an enclosed 1 car garage. It also has new windows. Owner resides in back house. Front house is a 2bed. 1ba. 900sq. ft. with a washer and dryer installation. Its tenant occupied. Also has an enclosed 1 car garage and a large front yard. Interiors of both houses need paint and flooring, also house trim needs paint on both units/garage doors. GREAT OPPORTUNITY, this home is in a census tract that qualifies for special grant and special financing through City National Bank. For qualifications and restrictions please contact CNB loan officer Harold Rodriguez, located 350 S Grand Av Los Angeles, Ca. 90071 Any questions regarding this grant please contact me. DON'T MISS OUT THIS GREAT OPPORTUNITY TO OWN A HOME, FOR FIRST TIME BUYERS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,700 | 3,543 |
| Lot Size | 8,967 | 7,319 |
| Price | $1.00M | $956.7K |
| Price per sq ft | $370 | $26.8K |
| Built year | 1952 | 1990 |
| HOA | $0 | $0 |
| Days on market | 50 | 126 |
Jun 2, 2026
$1,000,000
Initial Listing
Nov 7, 2008
$495,000
Public Record