$899,999
$35K PRICE DROP

537 & 535 W Olive St Inglewood, CA 90301

Estimated payment $5,653/month

Total Views 3,897
4 Beds
4 Baths
2,556 Sq Ft
$352 Price per Sq Ft

Highlights

  • City Lights View
  • Laundry Room
  • No Heating
  • Bonus Room
  • Fenced
  • Northwest Facing Home

About This Home

Incredible Opportunity – Two Homes on One Lot!
Live in one and rent the other for extra income or extended family living. A perfect setup for homeowners or savvy investors!
The main front home is a two-story residence offering versatile living space. The first floor features: Two comfortable bedrooms. One full bathroom and a convenient half-bath. A functional kitchen and dining area with decorative nonworking fire place. In-unit laundry for added convenience. Upstairs, you'll find a second full bathroom: A spacious sized third bedroom, and a bright and airy living room. The second unit is a private, detached 1-bedroom, 1-bath home, living room. Long driveway, detached 2-car garage, cozy back patio. Located near the 405 Freeway, LAX, shops, restaurants, SoFi Stadium, and Dockweiler Beach, this property offers both comfort and convenience. A must-see with endless potential!

Listing Agent

Blanca Rojas

Home Team Realty Brokerage Phone: 310-367-1796 License #01271525 Listed on: 07/08/2025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,234 Sq Ft Lot
  • Two or More Common Walls
  • Northwest Facing Home
  • Fenced
  • Fence is in fair condition
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace
  • Bonus Room
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 626
  • Assessor Parcel Number 4018014006
  • $590 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,560
  • Insurance Expense $8,400
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $3,000
  • Gross Income $12,000
  • Net Operating Income $6,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 450000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4018014006
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 352.11
  • Room Type: Bonus Room

Exterior Features

  • Direction Faces: Northwest
  • View: City Lights
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4234.00
  • Lot Size Acres: 0.0972
  • Latitude Manual: 33.96081100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1560.00
  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 8400.00
  • Lot Size Area: 4234.0000 Square Feet
  • Net Operating Income: 6800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5200.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • Tax Area: 4569
  • Tax Lot: 3
  • Tax Tract Number: 626
  • TaxOtherAnnualAssessmentAmount: 590.39

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $899,999 -3.7% $352 / Sq Ft
07/08/2025 07/08/25 For Sale $935,000 -- $366 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25152405

California Regional Multiple Listing Service (CRMLS)