935 E Fairview Boulevard, Inglewood, California 90302, Inglewood, 90302 - 5 bed, 4 bath

935 E Fairview Boulevard, Inglewood, California 90302 home-pic-0
ACTIVE$1,250,000
935 E Fairview Boulevard, Inglewood, California 90302
5Beds
4Baths
1,916Sqft
5,626Lot
Year Built
1923
Close
-
List price
$1.25M
Original List price
$13.2M
Price/Sqft
$652
HOA
-
Days on market
-
Sold On
-
MLS number
SR25026022
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(79th), sqft - 1916(86th), beds - 5(93th), baths - 4(86th).

Compass is proud to present 935 E Fairview Blvd and 935 1/2 Fairview Blvd (ADU)—a stunningly reimagined single-family home that seamlessly blends modern luxury with everyday comfort. Fully rebuilt from the ground up, the main residence was completely gutted and renovated in 2022, while the brand-new Accessory Dwelling Unit (ADU) in the rear was completed in 2023, offering a fresh and contemporary living experience. The front home boasts an inviting open floor plan, spanning approximately 830 SF, with 2 bedrooms and 2 bathrooms. Expansive energy-efficient windows bathe the space in natural light, enhancing its warm and welcoming atmosphere. The fully permitted, ground-up ADU in the rear provides an additional 1,149 SF of living space, featuring 3 bedrooms and 2 bathrooms—ideal for guests, multi-generational living, or a lucrative rental opportunity. The ADU, complete with its own address, offers flexibility for owner-users or investors, with the potential to subdivide the lot and sell as two separate units in the future. Every detail of this property has been thoughtfully upgraded, including brand-new plumbing, electrical systems, roofing, siding, gates, and mechanical systems. Additional highlights include tankless water heaters, stainless steel appliances, and in-unit washer/dryer setups. The exterior is just as impressive, featuring drought-resistant landscaping and a newly paved driveway with parking for up to four vehicles. Each unit is separately metered for electricity, gas, and sewer, ensuring convenience and efficiency. This is a rare opportunity to own a meticulously rebuilt property that offers both modern elegance and incredible investment potential.

Price History

Date
Event
Price
12/01/21
Sold
$680,000
Condition Rating
Excellent

Despite the original build year of 1923, the property has undergone a complete gut renovation of the main residence in 2022 and features a brand-new ADU completed in 2023. This extensive renovation, within the last 5 years, includes all new plumbing, electrical, roofing, mechanical systems, tankless water heaters, stainless steel appliances, and energy-efficient windows. The images showcase modern, high-quality finishes in the kitchens and bathrooms, consistent with a recent, top-tier renovation, leaving no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: The main residence was completely gutted and renovated in 2022, and the ADU was newly constructed in 2023, ensuring modern systems, aesthetics, and reduced immediate maintenance concerns.
Significant Income & Living Flexibility: The brand-new, separately metered ADU (3 beds, 2 baths) offers substantial potential for rental income, multi-generational living, or guest accommodation.
Future Investment Potential: The property offers the unique opportunity to subdivide the lot and sell the two units separately in the future, potentially maximizing investment returns.
Comprehensive Upgrades & Efficiency: Features include brand-new plumbing, electrical, roofing, tankless water heaters, energy-efficient windows, stainless steel appliances, and drought-resistant landscaping.
Separately Metered Units: Each unit is individually metered for electricity, gas, and sewer, simplifying utility management and enhancing the property's appeal for investors or multi-family living.

Cons

Listing Price Discrepancy: The current listing price of $1,250,000 is 12% higher than the estimated property value of $1,094,372.51, suggesting it may be overvalued in the current market.
Compact Main Residence: The front home is relatively small at 830 square feet with 2 bedrooms and 2 bathrooms, which might be a limiting factor for some buyers seeking a larger primary living space.
Lack of Enclosed Garage: While there is a newly paved driveway with parking for up to four vehicles, the absence of an enclosed garage might be a drawback for buyers prioritizing secure, covered parking or additional storage.

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