8721 Crenshaw, Inglewood, California 90305, Inglewood, 90305 - 3 bed, 3 bath
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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 | $975,000* List Price | 3 | 3 | 1,679 | $519 | - |
A 2904 W 84th Street Active | $689,000 List Price | 2 | 1 | 1,242 | $555 | 0.3 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.
A remarkable opportunity for investors and builders. Situated on a large corner lot, this property is currently down to the studs and ready for transformation. Approved plans with Building & Safety include a complete remodel of the front residence into a permitted 3-bedroom, 3-bath home, along with a newly permitted 1,129 sq ft structure at the rear of the lot ideal for multi-generational living or income potential. The location is exceptional—just 2 miles from SoFi Stadium, Intuit Dome, and The Forum, minutes from LAX, and a short drive to Dockweiler Beach. Families will appreciate being only two blocks from a neighborhood elementary school. With the heavy lifting already done on planning and approvals, this project is primed for someone ready to build value and capitalize on the growth of the surrounding community. A high-demand location with strong long-term value.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,679 | 1,654 | 52% |
| Lot Size | 5,349 | 6,710 | 13% |
| Price | $975.0K | $880.0K | 77% |
| Price per sq ft | $581 | $513 | 65% |
| Built year | 1937 | 1939 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 162 | 6% |
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