INGLEWOOD – We keep asking is the city of Inglewood worth in excess of a $1 million investment for a new home? Eh. Depends on who you’re asking.
Long-time residents will give you mixed responses to that question. Of course their home is worth the asking price because that’s what they’re asking, but a smart buyer MUST take into consideration where will my children attend school?
It is no secret the city’s school district is on life support and has lost over 50% of its enrollment in the last decade its been under state receivership. What does that mean? It means voters have NO say so in the direction of the district despite hefty school related “assessments” included on your annual property tax statement.
This home is located in “The Avenues” which used to be synonymous with the “good” part of Inglewood. This area is home to one of the members of city council, however, the residents complain of lack of parking enforcement on event/game days, the cost to pay for permit parking, the constant increase in fees, and the appearance of a diminishing police force, gives pause to these overpriced homes hitting the market.
We have found that the higher asking prices are typically found on homes investors purchased to “flip”. Photos are pristine. Captivating. Refreshing. Damn near welcoming, however, the inside of the home doesn’t always match what’s going on outside.
Address: 8110 S. 3rd Ave, Inglewood, CA 90305
Price: $1,018,000
Square feet: 1,990
Bedrooms/Bathrooms: 4 / 2.5
Listed by Erica Whitaker, eXp Realty
For more details and photos click here.
