542 Short Street, Inglewood, California 90302, Inglewood, 90302 - 3 bed, 1 bath
ACTIVE$990,000
542 Short Street, Inglewood, California 90302
3Beds
1Bath
1,261Sqft
6,062Lot
Year Built
1927
Close
-
List price
$990K
Original List price
$990K
Price/Sqft
$785
HOA
-
Days on market
-
Sold On
-
MLS number
SB25171917
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $990.0K(64th), sqft - 1261(57th), beds - 3(50th), baths - 1(43th).
Location Location 3 bedroom 1 bath R-3 located in Inglewood City of Champions, just minutes from top attractions including Ladera Heights shopping center Westfield shopping center the Kia Forum, YouTube Theater, SoyFi Stadium, Intuit Dome, LAX, and Hollywood Park Casino, convenient access to dining, and major freeways 405,105 fwy Sold As-Is
Price History
Date
Event
Price
07/30/25
$990,000
06/25/01
Sold
$225,000
Condition Rating
Poor
Built in 1927, this property is nearly 100 years old with no visible major renovations in recent decades. The kitchen and bathroom are extremely dated, featuring old cabinets, worn countertops, and basic, likely original, fixtures and finishes, requiring complete renovation. While hardwood floors are present, the overall condition, including older windows and the 'Sold As-Is' clause, indicates that major systems (plumbing, electrical, HVAC) are likely original or very old and will require substantial upgrades. The property is functional but needs significant rehabilitation to meet modern living standards.
Pros & Cons
Pros
Prime Location & Accessibility: Strategically located in Inglewood's 'City of Champions,' the property offers unparalleled access to major attractions like SoFi Stadium, Kia Forum, YouTube Theater, Intuit Dome, LAX, and Hollywood Park Casino, along with convenient freeway access (405, 105), enhancing its desirability and potential for appreciation.
R-3 Zoning Potential: The R-3 zoning designation is a significant asset, providing potential for multi-family development (e.g., duplex, triplex) or the addition of Accessory Dwelling Units (ADUs), offering substantial investment upside and flexibility for future expansion or rental income.
Growing Market & Investment Hotspot: Inglewood's ongoing revitalization and significant investment in sports and entertainment venues position it as a rapidly appreciating market, making this property a strong long-term investment opportunity.
Generous Lot Size: The 6,062 sqft lot provides ample space for potential property expansion, landscaping, or the development of additional units, complementing the R-3 zoning and increasing the property's overall utility and value.
Standard Bedroom Count: With 3 bedrooms, the property offers a practical layout suitable for families, making it appealing to a broad segment of the buyer pool.
Cons
Age and 'As-Is' Condition: Built in 1927 and explicitly sold 'As-Is,' the property likely requires significant capital investment for modernization, repairs, and upgrades to meet contemporary living standards and buyer expectations.
Limited Bathroom Count: The presence of only one bathroom for a 3-bedroom home is a functional limitation that may deter many prospective buyers and necessitates a costly renovation to add an additional bathroom for improved convenience.
Potential for High Renovation Costs: Given its age and 'As-Is' status, buyers should anticipate substantial expenses for necessary system upgrades (e.g., plumbing, electrical, HVAC) and cosmetic renovations, which could impact the overall return on investment if not factored into the purchase price.