650 Aerick Street, Inglewood, California 90301, Inglewood, 90301 - 1 bed, 1 bath

650 Aerick Street, Inglewood, California 90301 home-pic-0
ACTIVE$730,000
650 Aerick Street, Inglewood, California 90301
1Bed
1Bath
588Sqft
5,999Lot

Price Vs. Estimate

The estimated value ($730,000) is $0 (0%) lower than the list price ($730,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Proximity to The Forum, SoFi Stadium, and Intuit Dome offers access to world-class entertainment and amenities.
Top Cons:
Limited Living Space: The property is a 1-bedroom, 1-bathroom home, which may not suit all buyers.

Compared to the nearby listings

Price:$730.0K vs avg $910.0K ($-180,000)21%
Size:588 sqft vs avg 1,517.5 sqft7%
Price/sqft:$1.2K vs avg $50593%

More Insights

Built in 1948 (77 years old).
Condition: The property was built in 1948. The listing mentions newer windows, fresh interior paint, and a new heater, suggesting some updates. However, the kitchen and bathroom appear dated in the images. The overall condition seems maintained but requires further updates to be considered 'Good'.
Year Built
1948
Close
-
List price
$730K
Original List price
$730K
Price/Sqft
$1,241
HOA
-
Days on market
-
Sold On
-
MLS number
25520137
Home ConditionFair
Features
View-

About this home

Unlock the potential of this incredible Inglewood property, perfectly positioned in a neighborhood experiencing dynamic transformation. Sitting on an expansive nearly 6,000 sq. ft. lot, this 1-bedroom, 1-bathroom home with a 2-car attached garage is a dream canvas for investors, developers, and homeowners with vision. Just minutes from The Forum, SoFi Stadium, and the Intuit Dome, home of the LA Clippers, this location offers easy access to world-class entertainment, dining, and shopping. With LAX nearby, travel is effortless, and the surrounding parks and public transit options make everyday living convenient. Zoned RM (Residential & Medical), the property presents diverse opportunities for development, including multi-unit residential projects or the addition of an Accessory Dwelling Unit (ADU). Recent updates such as newer windows, fresh interior paint, and a brand-new heater make this a great option for immediate occupancy or rental income. The deep lot and flexible zoning open the door to expansion, redevelopment, or a high-return investment opportunity. Whether you're looking to build, renovate, or hold in a rapidly appreciating area, this property is a rare find. Don't miss out on this prime opportunity, schedule a showing today.

Price History

Date
Event
Price
02/23/24
Sold
$710,000
Condition Rating
Fair

The property was built in 1948. The listing mentions newer windows, fresh interior paint, and a new heater, suggesting some updates. However, the kitchen and bathroom appear dated in the images. The overall condition seems maintained but requires further updates to be considered 'Good'.
Pros & Cons

Pros

Prime Location: Proximity to The Forum, SoFi Stadium, and Intuit Dome offers access to world-class entertainment and amenities.
Development Potential: RM zoning allows for multi-unit residential projects or ADU addition, maximizing investment opportunities.
Large Lot Size: Nearly 6,000 sq. ft. lot provides ample space for expansion, redevelopment, or outdoor living.
Recent Updates: Newer windows, fresh interior paint, and a brand-new heater offer immediate occupancy or rental income potential.
Convenient Transportation: Close proximity to LAX, surrounding parks, and public transit options enhances everyday living.

Cons

Limited Living Space: The property is a 1-bedroom, 1-bathroom home, which may not suit all buyers.
Age of Property: Built in 1948, the property may require updates or renovations to meet modern standards.
Single Family Residence: The property is a single family residence, which may not suit all buyers.

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