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Sold for $1,150,000 · Jul 2024

SOLD

Listed at $1,200,000

Sold

315 W Manchester Boulevard, Inglewood, CA 90301

Inglewood, CA

MLS# 24375025

3,721 Sq Ft • Property4bd • 5ba
58 days on market

Listing Agent

Darin Spillman

Listing Agent

Kidder Mathews of California, Inc.

DRE #: 01366902

Brokerage: Kidder Mathews of California, Inc.

Property Details

4

Bedrooms

5

Bathrooms

3,721 sqft

Square Feet

1953

Year Built

0.21 acres

Lot Size

$309

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Property

Property Type

Description

Back on market! 315 W. Manchester Blvd is located directly on one of the main corridors between LAX and the Intuit Dome, future Clippers Arena, and the $5.5 Billion SoFi Stadium and Hollywood Park. The property consists of a well-appointed two-story office building and a two-story 4 bedroom 2 bath single family residence (square footage TBD) on a 9,210 SF lot zoned R4. The office building, of approx. 2,275 SF, has been occupied by a law firm for many years and can be delivered vacant. The house is currently vacant as well. Due to the R4 zoning, the city will approve a change of use to residential for the front office building. Additionally, the two car garage may present the opportunity for an ADU. This is an ideal opportunity for an owner-user or investor to acquire a strategically located asset on the rapidly transforming Manchester Blvd thoroughfare in Inglewood. An owner-user who intends to occupy the office building can qualify for up to 90% SBA financing with still historically low 20-year fixed interest rates.

Listing description from the July 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Heating
WallFurnace

Sale history for 315 W Manchester Boulevard

1 recorded sale

$1,150,000
Sold July 2024 · listed $1,200,000, on market April 2024, 58 days on market · MLS #24375025 · Source: CRMLS
Listing Agent: Darin Spillman · Listing Office: Kidder Mathews of California, Inc. · Contact: 310-312-2800 · Bought with: Albert Pacleb · LA Commercial, Inc.

How this sale compares

315 W Manchester Boulevard sold for $1,150,000 in July 2024, 4.2% under its $1,200,000 list price, after 58 days on the market. That works out to $309 per square foot on 3,721 square feet. Across 56 closed sales in 90301 over the last 12 months, the median sold price is $727,500 and the median is $505 per square foot, 63% above this sale's $309. 4-bedroom rentals in 90301 currently list at a median of $5,995 a month (3 listings).

$309
This sale, per sq ft
$505
90301 median per sq ft (12 mo)
$727,500
90301 median sold price (12 mo)
56
Closed sales in 90301 (12 mo)
58
Days on market
−4.2%
Sold vs. list price
QuarterClosed sales in 90301Median sold price
Q1 202612$580,000
Q2 202621$960,000
Q3 202621$717,140
Q4 20262$555,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Inglewood · Homes for sale in 90301

Recent sales near 315 W Manchester Boulevard

Closed sales reported in 90301, nearest first, last 12 months. All recent sales in Inglewood →

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