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2705 W 79th St, Inglewood, CA, 90305

$350,000

0.06 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewNone
MLS #PW24077417
Lot Size0.06 Acres
StatusActive

About 2705 W 79th St

Entitled, buildable land in the heart of LA? It’s true! Flat, vacant, and ready to build up to 1,600 square feet (either a house or a duplex). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOME act, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless. For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3,000/month ($6,000/month gross). Walkable to 55-acre Edward Vincent Jr. Park, and under 2mi from SoFi Stadium. Inglewood’s booming with billions invested - now’s your chance to invest in this hot area.

Property Details

Property Features

Listing Office:

  • Office Name: Edgestone Real Estate, Inc.
  • Office Phone: (818) 464-5113
  • Listing Agent: Sebastian Stofenmacher

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Other

Directions Information:

  • Directions: Western and Florence

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

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Inglewood, CA

City

Med. Sold Price

$720K

Med. Price/SqFt

$533

Avg. Days On Market

41

# of Sold Homes

31

2705 W 79th St vs Inglewood

44 DAYS ON ROCKET

+3 Days

$350,000

-$370K Less

KEY TAKEAWAY

This property is $370K less than the Median Sold Price in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24077417

Listing Office:

  • Office Name: Edgestone Real Estate, Inc.
  • Office Phone: (818) 464-5113
  • Listing Agent: Sebastian Stofenmacher

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 6:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7111477
5
/10

  • Seventy-Fourth Street Elementary School

  • 2112 W 74th St

  • 0.54 miles

  • Public Magnet Grades KG-5

school-card-donut-7111478
4
/10

  • Yes Academy

  • 3140 Hyde Park Blvd

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-7111479
3
/10

  • La Salle Avenue Elementary School

  • 8715 La Salle Ave

  • 1.20 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,250. The majority of Inglewood, CA residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2705 W 79th St

What is the listing price of this property?

The listing price of 2705 W 79th St property is $350,000.

What type of property is this?

The property 2705 W 79th St is land located in Inglewood, California, 90305.

Is this property for sale now?

Active Listing: 2705 W 79th St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2705 W 79th St is 0.06 acres.
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Rocket Homes›California›Los Angeles County›Inglewood›90305›2705 W 79th St

This home is located at 2705 W 79th St in Inglewood, CA and zip code 90305 in the South Bay neighborhood. This home sits on a 0.06 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $350,000.

Over 16 listings were sold over their listed price in May 2024 in Inglewood, CA. In the same period over 11 listings were sold below the listed price and 4 listings were sold for the listed price. Between April 2024 and May 2024, Inglewood, CA real estate market has seen increase in the number of listings by 6.6%. In May 2024 median list price was $720,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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