
Inglewood, California 90302
This Prime Investment Opportunity is a turn-key duplex listed at $974,777, positioned well below the $995,997 Fair Market Value by 2%. This valuation gap offers $21,220 in Instant Equity. Featuring a Mint Condition Rating, the property includes modern interior finishes and approved permits for a 3rd unit conversion. This asset is ideal for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants looking to house-hack in a high-demand Inglewood location.
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 | $599 | - |
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 506 E Brett Active | $1,050,000 List Price | 0 | 0 | 2,071 | $507 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with shaker cabinets and quartz countertops, fully updated bathrooms with contemporary tiling and glass enclosures, new flooring, and updated HVAC mini-split systems. It is in turn-key, mint condition.
The property includes approved permits and plans for a garage-to-studio conversion, providing a streamlined path to increase rental income and property value without the typical architectural and city approval delays.
Delivered fully vacant and recently updated, this duplex allows an investor to immediately set market-rate rents or an owner-occupant to move in without the complications of tenant relocation or initial renovations.
Both units feature high-end updates including shaker cabinets, quartz countertops, stainless steel appliances, and remodeled bathrooms, ensuring strong tenant appeal and reducing immediate capital expenditure needs.
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.
The planned conversion of the garage into a third unit will eliminate protected parking spaces, which may be a disadvantage for tenants or owners in a high-density area where street parking is limited.
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 | 2,168 | 17% |
| Lot Size | 5,219 | 5,827.5 | 33% |
| Price | $974.8K | $917.4K | 50% |
| Price per sq ft | $586 | $462 | 67% |
| Built year | 1940 | 1932 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 171 | 17% |
May 21, 2026
$974,777
Initial Listing
May 19, 2026
$965,000
Initial Listing
Jul 3, 2025
$850,000
Public Record