966 Holly, Inglewood, California 90301, Inglewood, 90301 - bed, bath
ACTIVE$1,000,000
966 Holly, Inglewood, California 90301
0Bed
0Bath
3,300Sqft
7,802Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Property: As a quadplex with 4 units, this property offers significant potential for rental income and cash flow, making it an attractive investment.
Top Cons:
Extensive Renovation Required: The property explicitly 'requires rehab and repair' and 'needs work,' indicating a significant undertaking for renovation to bring it to modern standards and maximize rental potential.
Compared to the nearby listings
Price:$1.00M vs avg $1.11M ($-107,500)50%
Size:3,300 sqft vs avg 2,901 sqft50%
Price/sqft:$303 vs avg $36425%
More Insights
Built in 1946 (79 years old).
Condition: The property was built in 1946, making it 78 years old. The listing explicitly states that it 'requires rehab and repair' and 'needs work,' with the property analysis confirming 'extensive renovation required' due to 'outdated systems, infrastructure, and finishes.' While the exterior images show a recently painted facade, the lack of interior photos and the strong textual indicators of significant required work place this property in the 'Poor' category, indicating substantial repairs and rehabilitation are necessary for all major components and systems.
Year Built
1946
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$303
HOA
-
Days on market
-
Sold On
-
MLS number
CV25275950
Home ConditionPoor
Features
View-
About this home
Quadplex in Inglewood just North of Century Blvd. and West of La Brea Ave. Built in 1946. 3300 total sqft. 7,802 sqft lot. 2 stories with 4 units. 8 beds and 4 baths total. 4 car garage. Property requires rehab and repair. Close to SoFi stadium and the 405 freeway. Just a few miles from LAX. Property needs work but there is great potential here.
Condition Rating
Poor
The property was built in 1946, making it 78 years old. The listing explicitly states that it 'requires rehab and repair' and 'needs work,' with the property analysis confirming 'extensive renovation required' due to 'outdated systems, infrastructure, and finishes.' While the exterior images show a recently painted facade, the lack of interior photos and the strong textual indicators of significant required work place this property in the 'Poor' category, indicating substantial repairs and rehabilitation are necessary for all major components and systems.
Pros & Cons
Pros
Income-Generating Property: As a quadplex with 4 units, this property offers significant potential for rental income and cash flow, making it an attractive investment.
Prime Location - Entertainment Hub: Its proximity to SoFi Stadium places it in a highly desirable and rapidly developing area, appealing to tenants and investors seeking properties near major entertainment venues.
Excellent Accessibility: The property boasts convenient access to the 405 freeway and is just a few miles from LAX, providing excellent connectivity for residents and enhancing its rental appeal.
Generous Lot Size: With a 7,802 sqft lot, there is potential for future expansion, additional parking, or landscaping improvements, adding long-term value.
Dedicated Parking: The inclusion of a 4-car garage is a valuable amenity for a multi-unit property in an urban setting, providing secure and convenient parking for tenants.
Cons
Extensive Renovation Required: The property explicitly 'requires rehab and repair' and 'needs work,' indicating a significant undertaking for renovation to bring it to modern standards and maximize rental potential.
Age of Property: Built in 1946, the property is likely to have outdated systems, infrastructure, and finishes, which could lead to higher maintenance costs and necessitate comprehensive upgrades.
Significant Upfront Investment: Beyond the purchase price, buyers must factor in substantial capital expenditure for the necessary renovations and repairs, impacting the overall cost of acquisition and time to profitability.