711 Stepney Street, Inglewood, California 90302, Inglewood, 90302 - 0 bed, 0 bath
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Inglewood, California 90302
This Turnkey Multi-Unit Asset is a High-Potential Investment Opportunity listed at $974,777—positioned well below the $1,009,161 Fair Market Value by 3%. This valuation gap offers $34,384 in Instant Equity for buyers. Boasting a Turnkey Condition Rating, the property features a modern quartz kitchen, stainless appliances, and sunset views. With approved permits for a third studio conversion, it provides a clear path for forced appreciation in North Inglewood. This versatile property is ideal for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 711 Stepney Street Subject | $974,777* List Price | 0 | 0 | 1,663 | $607 | - |
A 577 Stepney Street Sold | $1,125,000 | 0 | 0 | 1,720 | $654 | 0.1 mi |
B 935 E Fairview Boulevard Sold | $1,125,000 | 5 | 4 | 1,916 | $587 | 0.5 mi |
C 711 Stepney Street Active | $974,777 List Price | 3 | 2 | 1,663 | $586 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1940, the property has undergone an extensive recent renovation and is presented in turnkey condition. The front house features a modern kitchen with new shaker cabinets, quartz countertops, and stainless steel appliances, while bathrooms have been fully updated with new tile, vanities, and glass-enclosed showers. With new flooring, vinyl windows, and refreshed interiors throughout both units, the property meets the standards for a recently renovated home with no deferred maintenance.
The property comes with approved permits and plans to convert the garage into a third studio unit, offering a streamlined path to increase rental income and property value.
Both units feature modern updates, including shaker cabinets and quartz countertops, and will be delivered vacant, allowing for immediate market-rate leasing or owner-occupancy.
Located in North Inglewood just steps from a park and minutes from the 405 freeway, the property is ideally positioned for high tenant demand and long-term appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1663, other record living area = 1616.
The property was recently sold within the past year on 2025-07-03. The sold price is $850,000.00.
While permits are approved, the buyer must still commit capital and manage the construction process to realize the income potential of the third unit.
Perfect for owner user or income property, delivered vacant! Turn-key 2-Unit Income Property with Permits & Plans for a 3rd Unit! Fantastic investment opportunity just steps from the park and minutes to the 405! Buyer saves time and money with approved permits and plans to convert the garage into an additional studio unit. The fully updated front house (2BD/1BA) features an expansive living room with fireplace, dining area, and a modern kitchen with shaker cabinets, quartz countertops, and stainless steel appliances. The refreshed bathroom offers new tile, vanity, and glass-enclosed shower, and the private patio provides potential for future expansion. The rear upper unit (1BD/1BA) enjoys sunset views, new flooring, updated kitchen and bath, and vinyl windows. Live in one and rent the other—or expand your income by completing the permitted studio conversion. Nothing to do but move in and start earning! Property Delivered Vacant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,663 | 1,818 | 33% |
| Lot Size | 5,219 | 5,422.5 | 50% |
| Price | $974.8K | $1.05M | 50% |
| Price per sq ft | $586 | $587 | 50% |
| Built year | 1940 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 222 | 17% |
Mar 28, 2026
$974,777
$1,049,000
-7% Price Drop
Initial Listing
Mar 11, 2026
$1,049,000
Initial Listing
Jul 3, 2025
$850,000
Public Record