1248 Welton Way, Inglewood, CA 90302 - View 1
1248 Welton Way, Inglewood, CA 90302 - View 2
1248 Welton Way, Inglewood, CA 90302 - View 3
1248 Welton Way, Inglewood, CA 90302 - View 4
1248 Welton Way, Inglewood, CA 90302 - View 5
1248 Welton Way, Inglewood, CA 90302 - View 6
1248 Welton Way, Inglewood, CA 90302 - View 7
1248 Welton Way, Inglewood, CA 90302 - View 8
1248 Welton Way, Inglewood, CA 90302 - View 9
1248 Welton Way, Inglewood, CA 90302 - View 10
1248 Welton Way, Inglewood, CA 90302 - View 11
1248 Welton Way, Inglewood, CA 90302 - View 12
1248 Welton Way, Inglewood, CA 90302 - View 13
1248 Welton Way, Inglewood, CA 90302 - View 14
1248 Welton Way, Inglewood, CA 90302 - View 15
1248 Welton Way, Inglewood, CA 90302 - View 16
1248 Welton Way, Inglewood, CA 90302 - View 17
1248 Welton Way, Inglewood, CA 90302 - View 18
1248 Welton Way, Inglewood, CA 90302 - View 19
1248 Welton Way, Inglewood, CA 90302 - View 20
1248 Welton Way, Inglewood, CA 90302 - View 21
1248 Welton Way, Inglewood, CA 90302 - View 22
1248 Welton Way, Inglewood, CA 90302 - View 23
1248 Welton Way, Inglewood, CA 90302 - View 24
1248 Welton Way, Inglewood, CA 90302 - View 25
1248 Welton Way, Inglewood, CA 90302 - View 26
1248 Welton Way, Inglewood, CA 90302 - View 27
1248 Welton Way, Inglewood, CA 90302 - View 28
1248 Welton Way, Inglewood, CA 90302 - View 29
1248 Welton Way, Inglewood, CA 90302 - View 30
1248 Welton Way, Inglewood, CA 90302 - View 31
1248 Welton Way, Inglewood, CA 90302 - View 32
1248 Welton Way, Inglewood, CA 90302 - View 33
1248 Welton Way, Inglewood, CA 90302 - View 34
1248 Welton Way, Inglewood, CA 90302 - View 35
1248 Welton Way, Inglewood, CA 90302 - View 36
1248 Welton Way, Inglewood, CA 90302 - View 37
1248 Welton Way, Inglewood, CA 90302 - View 38
1248 Welton Way, Inglewood, CA 90302 - View 39
1248 Welton Way, Inglewood, CA 90302 - View 40

1248 Welton Way, Inglewood, CA 90302

Sale Price: $911,000
Jul 18, 20241,979 sqft5 beds2 baths
Listed by: Joel Daniel Rangel
License #: 01827663
Phone #: 310-749-7092
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 24417163

Property Description

Here's what makes this move-in fixer worth the investment. One, it's a duplex, and both units will be delivered vacant, which is a huge and rare benefit. Due to rent control and just-cause evictions, vacating units can be nearly impossible or extremely costly. The vacant units also mean you can choose your tenants and set market rents. The Front unit has 2 beds and one bath, with a projected rent of $2,850. The rear unit has 3 beds and one bath, with a projected rent of $3,200. Total projected rent: $6,050. Use the rental income from the second unit to qualify for more financing or offset your mortgage payment. The lot size, at about 7,500 square feet, represents some of the biggest residential lots in Inglewood, which means more construction possibilities. The detached units offer privacy to each resident. The property also uniquely has a detached garage, which could be turned into an ADU, for a total of three detached units. Each unit could have its private yard space for maximum rentability. The property is in Fairview Heights, one of Inglewood's most desirable and priciest neighborhoods. It's about 15 minutes away from Playa Vista. It's within walking distance of a train station, which will soon connect you to LAX. Hollywood Park and Sofi's entertainment is close enough to enjoy and far enough to avoid noise and congestion. You're also seconds away from North Park, an intimate neighborhood park with picnic tables, restrooms, and three tennis courts. The property needs updating. Sold as-is. But for the right buyer, the investment is worth it. First showing Sunday, July 21.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$16,806

TurboHome Estimated Value

$959,700

$485 sqft

High Valuation
$1,007,685
$509/sqft
Normal Valuation
$959,700
$485/sqft
Low Valuation
$911,715
$461/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$485/sqft$959,700

Neighborhood

Loading map...

Comparative Value

$710K

$799K

$911K

$1.15M

$1.25M

$1.26M

713 Gay St, Inglewood, CA 90302

Sale Price: $710,000

Selected Comparable

1248 Welton Way, Inglewood, CA 90302

List Price: $799,000

Subject Property

1248 Welton Way, Inglewood, CA 90302

Sale Price: $911,000

Selected Comparable

470 Edgewood St, Inglewood, CA 90302

Sale Price: $1,150,000

Selected Comparable

6018 S Rimpau Blvd, Los Angeles, CA 90043

Sale Price: $1,250,000

Selected Comparable

4449 W 64th St, Los Angeles, CA 90043

Sale Price: $1,259,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1248 Welton Way, Inglewood, CA 90302

1248 Welton Way, Inglewood, CA 90302

List: $799,000

Listed: 7/18/2024

Area:1,979 sqft
Price/sqft:$404
Beds:5
Baths:2
Year Built:
Lot Size:7,431

Comparable Properties

COMPARABLE
Choose comps
1248 Welton Way, Inglewood, CA 90302

1248 Welton Way, Inglewood, CA 90302

Sale: $911,000

8/27/20240.00 mi

Area:1,979 sqft
Price/sqft:$460
Beds:5
Baths:2
Year Built:
Weight:25.1%
6018 S Rimpau Blvd, Los Angeles, CA 90043

6018 S Rimpau Blvd, Los Angeles, CA 90043

Sale: $1,250,000

4/8/20250.67 mi

Area:1,814 sqft
Price/sqft:$689
Beds:5
Baths:3
Year Built:
Weight:20.8%
470 Edgewood St, Inglewood, CA 90302

470 Edgewood St, Inglewood, CA 90302

Sale: $1,150,000

12/31/20240.58 mi

Area:1,840 sqft
Price/sqft:$625
Beds:5
Baths:3
Year Built:
Weight:19.9%
4449 W 64th St, Los Angeles, CA 90043

4449 W 64th St, Los Angeles, CA 90043

Sale: $1,259,000

12/18/20240.31 mi

Area:1,664 sqft
Price/sqft:$757
Beds:4
Baths:2
Year Built:
Weight:17.8%
713 Gay St, Inglewood, CA 90302

713 Gay St, Inglewood, CA 90302

Sale: $710,000

11/26/20240.60 mi

Area:1,612 sqft
Price/sqft:$440
Beds:4
Baths:2
Year Built:
Weight:16.5%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times