805 Industrial Avenue 28, Inglewood, California 90302, Inglewood, 90302 - 2 bed, 2 bath

805 Industrial Avenue 28, Inglewood, California 90302 home-pic-0
ACTIVE$440,000
805 Industrial Avenue 28, Inglewood, California 90302
2Beds
2Baths
1,118Sqft
30,778Lot
Year Built
1972
Close
-
List price
$440K
Original List price
$500K
Price/Sqft
$394
HOA
$440
Days on market
-
Sold On
-
MLS number
25551445
Home ConditionPoor
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $440.0K(57th), sqft - 1118(71th), beds - 2(50th), baths - 2(50th).

Update. Cash offers or hard money only. Reduced price. Balconies have been accessed and need to be brought up to standard code before conventional loan will be approved. This is a 2 bedroom 2 bath condo in the heart of Inglewood. The open floorplan features a good sized living and dining rooms with 2 large bedrooms, 2 full bathrooms, balcony and patio area. Gated parking includes 2 spaces. Imagine being Just minutes from Sofi Stadium, the Forum, YouTube Theatre, Intuit Dome, Hollywood Park Casino and LAX.

Price History

Date
Event
Price
08/20/25
Price Change
$440,000
06/11/25
Listing
$500,000
03/08/11
Sold
$86,500
Condition Rating
Poor

Built in 1972, this property is over 50 years old. The listing explicitly states that 'Balconies have been accessed and need to be brought up to standard code before conventional loan will be approved,' indicating a significant structural/safety defect requiring substantial repairs and rehabilitation. This issue also severely restricts financing options. While no images of the kitchen or bathrooms are provided, the visible interior spaces (living room, bedroom) show dated features such as popcorn ceilings, older carpets, and vertical blinds, suggesting that these key areas are also likely original or last renovated 30-50 years ago and would require significant updates. The property's age, combined with the mandatory code compliance for balconies, places it firmly in the 'poor' category, requiring substantial investment beyond minor cosmetic updates.
Pros & Cons

Pros

Prime Entertainment & Transit Proximity: Located in the heart of Inglewood, minutes from major venues like SoFi Stadium, The Forum, YouTube Theatre, Intuit Dome, Hollywood Park Casino, and LAX, offering high appeal for sports, entertainment, and travel enthusiasts.
Spacious & Functional Layout: Features an open floorplan with good-sized living and dining rooms, two large bedrooms, and two full bathrooms, providing comfortable living space.
Private Outdoor Spaces: Includes both a balcony and a patio area, offering valuable private outdoor relaxation or entertaining options.
Secure Gated Parking: Comes with two dedicated spaces in gated parking, a significant advantage in an urban setting.
Recent Price Reduction: The list price has been reduced from $500,000 to $440,000, potentially indicating a motivated seller and an opportunity for a savvy buyer.

Cons

Restricted Financing: Only cash offers or hard money loans are accepted due to unaddressed balcony code issues, severely limiting the pool of potential buyers.
Mandatory Balcony Code Compliance: Balconies require immediate repairs to meet standard code, which will incur additional costs for the buyer or HOA and is a prerequisite for conventional loan approval.
Potential for Deferred Maintenance (Age): Built in 1972, the property is over 50 years old, suggesting potential for aging infrastructure and systems that may require future maintenance or upgrades beyond the immediate balcony issues.

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