9132 Crenshaw Boulevard, Inglewood, California 90305, Inglewood, 90305 - bed, bath
ACTIVE$699,000
9132 Crenshaw Boulevard, Inglewood, California 90305
0Bed
0Bath
1,976Sqft
7,301Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Rental Income: Unit 2 is currently occupied at $3,200/month, providing instant cash flow for the new owner.
Top Cons:
Extensive Renovation Required: Unit 1 is a 'heavy fixer' needing 'total rehab,' indicating significant capital investment, time, and project management for the buyer.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1943 (82 years old).
Condition: The property, built in 1943, is explicitly described as a 'Heavy Fixer' with Unit 1 needing 'total rehab' and unable to pass traditional financing. This indicates substantial repairs and rehabilitation are required, likely involving major components and systems. While Unit 2 appears livable from the limited images, the overall property condition, particularly the 'heavy fixer' unit, aligns with the 'poor' criteria, suggesting significant defects and an uncomfortable living situation without extensive work. The images provided do not show the 'heavy fixer' unit, which is likely in much worse condition than the occupied unit depicted.
Year Built
1943
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
OC25257002
Home ConditionPoor
Features
Patio
View-
About this home
Spacious Inglewood Duplex ~ Both units 3 Bed, 1 Bath, nearly 1000 sqft each ~ Unit 1 Vacant, Heavy Fixer ~ Unit 2 Occupied at $3,200/month ~ Cash or Hard Money only ~ Vacant Unit 1 needs total rehab and will not pass traditional financing ~ 7,300 sqft lot offers room to develop ~ Limited group showings will be held only for qualified Buyers ~ Do not disturb Occupant.
Nearby schools
1/10
Lane (Warren) Elementary School
Public,•K-6•0.9mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.0mi
2/10
Morningside High School
Public,•9-12•1.1mi
2/10
Inglewood High School
Public,•9-12•1.7mi
Price History
Date
Event
Price
08/18/10
Sold
$330,000
Condition Rating
Poor
The property, built in 1943, is explicitly described as a 'Heavy Fixer' with Unit 1 needing 'total rehab' and unable to pass traditional financing. This indicates substantial repairs and rehabilitation are required, likely involving major components and systems. While Unit 2 appears livable from the limited images, the overall property condition, particularly the 'heavy fixer' unit, aligns with the 'poor' criteria, suggesting significant defects and an uncomfortable living situation without extensive work. The images provided do not show the 'heavy fixer' unit, which is likely in much worse condition than the occupied unit depicted.
Pros & Cons
Pros
Immediate Rental Income: Unit 2 is currently occupied at $3,200/month, providing instant cash flow for the new owner.
Significant Value-Add Potential: Vacant Unit 1 is a 'heavy fixer' requiring total rehab, offering substantial upside for increased rental income or resale value post-renovation.
Development Opportunity: The generous 7,300 sqft lot offers 'room to develop,' providing potential for expansion or additional units, enhancing long-term value.
Duplex Configuration: As a duplex with two separate 3-bedroom, 1-bathroom units, it offers flexibility for investors or owner-occupants seeking rental income.
Spacious Units: Both units are nearly 1000 sqft each, providing ample living space for tenants or an owner-occupant.
Cons
Extensive Renovation Required: Unit 1 is a 'heavy fixer' needing 'total rehab,' indicating significant capital investment, time, and project management for the buyer.
Limited Financing Options: The property requires 'Cash or Hard Money only' and 'will not pass traditional financing,' severely restricting the potential buyer pool and increasing the cost of capital.
Age and Potential Deferred Maintenance: Built in 1943, the property is likely to have outdated systems and significant deferred maintenance, increasing the overall cost of ownership and renovation.