
Inglewood, California 90305
This property presents a High-Potential Investment Opportunity with a List Price of $975,000—positioned well above the $871,677 Fair Market Value by -11%. Currently in a Condition Rating of 6, the asset is stripped to the studs, requiring significant capital to complete the approved plans for a 3-bedroom residence and a 1,129 sq ft secondary structure. Located just two miles from the SoFi Stadium and Intuit Dome, this project is ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on high-demand rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8721 Crenshaw Subject | $939,000* List Price | 3 | 3 | 1,679 | $480 | - |
A 3323 W 80th Street Sold | $750,000 | 2 | 2 | 1,566 | $479 | 0.6 mi |
B 3214 W 83rd Street Active Under Contract | $749,000 List Price | 3 | 2 | 1,236 | $606 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1937 and currently gutted to the studs, the property is unlivable and lacks all essential systems, kitchens, and bathrooms. Per the criteria, it is over 50 years old with no recent renovation, currently holding value primarily in the land and approved plans.
Located just two miles from SoFi Stadium, Intuit Dome, and The Forum, this property is perfectly positioned to benefit from the massive economic growth and high rental demand in the Inglewood entertainment hub.
With approved plans for a 3-bedroom remodel and a new 1,129 sq ft rear structure already in place, investors can bypass the lengthy permitting process and begin construction immediately.
The large corner lot and permitted secondary structure offer exceptional versatility for multi-generational living or significant rental income potential in a high-demand market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5349, other record lot size in square feet = 5710.
The property was recently sold within the past year on 2026-01-20. The sold price is $685,000.00. The property was recently sold within the past year on 2026-01-16. The sold price is $625,000.00.
Currently stripped down to the studs, the property requires a substantial additional investment in time and capital to become habitable, making it unsuitable for traditional homebuyers.
Rare shovel-ready development opportunity in one of Inglewood’s most sought-after growth corridors. Skip months of planning, architectural Design, and city approvals. This exceptional property includes approved Building & Safety plans and permits, allowing the next owner to focus on construction rather than the entitlement process. Situated on a generous corner lot, the property has been taken down to the studs, with framing already completed. Approved plans provide for a beautifully redesigned 3-bedroom, 3-bath front residence, while the 1,129 sq. ft. rear structure is already permitted, creating an outstanding opportunity for multigenerational living, rental income, or expanded flexibility. Located approximately two miles from SoFi Stadium, Intuit Dome, and The Forum, and just minutes from LAX, Dockweiler Beach, shopping, dining, and major transportation corridors, this property is ideally positioned in one of Southern California’s most dynamic markets. An elementary school is conveniently located just two blocks away. Whether you’re a builder, developer, or experienced investor, this is an opportunity to acquire a project where much of the time-consuming pre-construction work has already been completed. Bring your vision, complete the project, and unlock the property’s full potential in a market that continues to attract strong long-term demand. Cash sale only. Buyer to independently verify all plans, permits, approvals, square footage, development potential, and intended use with the City of Inglewood.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,679 | 1,449.349 |
| Lot Size | 5,349 | 6,311.605 |
| Price | $939.0K | $846.5K |
| Price per sq ft | $559 | $592 |
| Built year | 1937 | 1943 |
| HOA | $0 | $245 |
| Days on market | 127 | 61 |
Jul 14, 2026
$939,000
$975,000
-4% Price Drop
Initial Listing
May 5, 2026
$975,000
Initial Listing
Jan 20, 2026
$685,000
Public Record
Jan 16, 2026
$625,000
Public Record
Feb 12, 2009
$215,000
Public Record