
Inglewood, California 90302
This High-Potential Investment Opportunity is a Turn-Key 2-Unit Income Property listed at $949,999, positioned well above the $893,612 Fair Market Value by -6%. Featuring a Condition Rating of 2, the property offers modern interiors and approved permits for a 3rd studio unit, providing significant value-add potential. With both units delivered vacant, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house-hack while capitalizing on the permitted expansion plans 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 | $949,999* List Price | 0 | 0 | 1,663 | $537 | - |
A 506 E Brett Active Under Contract | $949,000 List Price | 0 | 0 | 2,071 | $458 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1940 build date, the property has undergone a full high-end renovation within the last 5 years. The kitchen features modern shaker cabinets and quartz countertops, bathrooms are completely refreshed with contemporary tile and glass enclosures, and systems have been updated with energy-efficient mini-split HVAC units and vinyl windows.
The property includes approved permits and plans to convert the garage into a third studio unit, offering an immediate opportunity to increase rental income and property value.
Both units are fully updated with modern finishes and will be delivered vacant, allowing a buyer to move in immediately or set market-rate rents without tenant relocation hurdles.
The front house features a high-end remodel with shaker cabinets, quartz countertops, and stainless steel appliances, ensuring high tenant appeal and reduced immediate maintenance.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1663, other record living area = 1616.
Converting the garage into a third unit eliminates traditional covered parking and storage, which may be a concern for some tenants in a high-density area.
Originally built in 1940, the property may have underlying aged systems or structural elements typical of its era that require ongoing monitoring despite the cosmetic updates.
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 |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,663 | 2,746.25 |
| Lot Size | 5,219 | 7,862 |
| Price | $950.0K | $911.5K |
| Price per sq ft | $571 | $21.5K |
| Built year | 1940 | 1958 |
| HOA | $0 | $0 |
| Days on market | 41 | 117 |
Jul 30, 2026
$949,999
Initial Listing
Jul 3, 2025
$850,000
Public Record