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3523 W 109th St, Inglewood, California 90303, Inglewood, 90303 - 2 bed, 1 bath

3523 W 109th St, Inglewood, California 90303 home-pic-0
ACTIVE$724,999
3523 W 109th St, Inglewood, California 90303
2Beds
1Bath
1,021Sqft
6,022Lot
Year Built
1953
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$710
HOA
-
Days on market
-
Sold On
-
MLS number
OC25051560
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,5 Pros. Rank: price - $725.0K(30th), sqft - 1021(10th), beds - 2(10th), baths - 1(25th).

Check out this charming 2-bedroom, 1-bathroom home offers a cozy and inviting living space with a two-car garage and a driveway for additional parking. The spacious backyard presents endless possibilities for expansion, investment potential, or a perfect setting for family gatherings and relaxation. Located just minutes from SoFi Stadium, the Kia Forum, and the new Intuit Dome, this home provides easy access to schools, popular restaurants, shopping, and entertainment. Don’t miss this incredible opportunity to own a home in a prime location—schedule a showing as soon as it hits the market!

Price History

Date
Event
Price
05/31/23
Sold
$640,000
12/02/04
Sold
$350,000
04/20/00
Sold
$139,000
11/24/99
Sold
$94,000
10/30/97
Sold
$135,000
Condition Rating
Fair
Built in 1953, this home is aged but appears to be maintained. The kitchen features very dated dark wood cabinets, older countertops, and an overall style that is significantly outdated, requiring a full renovation to meet modern standards. The terracotta-style tile flooring throughout is functional but not contemporary. While the property seems livable, it lacks any visible recent major renovations, indicating that cosmetic updates and potential system upgrades would be necessary for a buyer seeking modern aesthetics and functionality.
Pros & Cons

Pros

Exceptional Location: The property boasts a prime location, minutes from major entertainment venues like SoFi Stadium, Kia Forum, and the new Intuit Dome, offering convenient access to schools, dining, shopping, and entertainment.
Significant Expansion Potential: A spacious 6,022 sqft backyard provides ample room for future expansion, potential ADU development, or creating an enhanced outdoor living space, appealing to both homeowners and investors.
Ample Parking: The inclusion of a two-car garage and additional driveway parking is a valuable asset, providing convenience and practicality in an urban environment.
Investment Opportunity: Given its desirable location and potential for expansion, the property presents a strong investment opportunity for appreciation and rental income in a rapidly developing area.
Cozy & Inviting Atmosphere: The home is described as 'charming' and offering a 'cozy and inviting living space,' which can be a strong emotional appeal for prospective buyers.

Cons

Significant Overpricing: The list price of $724,999 is considerably higher than the estimated property value of $463,586.83 and most comparable sales, suggesting a potential overvaluation in the current market.
Limited Room Count: With only 2 bedrooms and 1 bathroom, the property offers less living space and fewer amenities compared to many 3-bedroom, 1-2 bathroom comparables in the immediate area.
Age and Potential for Updates: Built in 1953, the home is over 70 years old, and the description does not highlight recent major renovations, indicating potential for deferred maintenance or necessary cosmetic and system updates to meet modern standards.

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