$1,629,000

541 Elm Ave Inglewood, CA 90301

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 541 Elm Ave

Exceptional Investment Opportunity in Inglewood! This meticulously maintained 4-unit property exemplifies pride of ownership and offers a unique chance for savvy investors. The front house features a spacious 2-bedroom, 1-bath layout complete with an indoor laundry room, complemented by three additional spacious 1-bedroom, 1-bath units situated in the back. A long driveway leads to three individual single-car garages, providing ample parking for tenants. Each unit is individually metered for electricity and gas, ensuring convenience and efficiency, while dual pane windows and central AC and heating offer comfort year-round. Nestled in a highly desirable area, this property is just minutes away from top-rated schools, diverse shopping options, dining hotspots, Sofi Stadium, Hollywood Park, Kia Forum, and LAX. Enjoy nearby recreational areas like Sentinel Field, Ashwood Park, and Simmons Playground. With all four units currently rented, this property boasts a high tenant demand and has the potential to add an ADU for additional income. Don’t miss out on this fantastic opportunity to enhance your real estate portfolio!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1703 Acres
Year built1930
ParkingDirect Access, Driveway, Garage Faces Front, Garage
MLS #IG25063184
Garage3 spaces
FireplaceLiving Room

Summary

  • Fireplace: Living Room
  • Garage Space: 3 spaces
  • Private Pool: No
  • Parking: Direct Access, Driveway, Garage Faces Front, Garage
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,629,000
  • HOA Amount: $0
  • Annual Tax Amount: $21,253
  • Tax Year: 2024
  • Directions: Manchester Blvd & Oak St
  • Year Built: 1930
  • Stories: 2
  • Lot Size: 0.1703 Acres
  • MLS Number: IG25063184
  • MLS Name: CRMLS
  • Office Name: Veronica Navarro Pro Realtors Group
  • Office Phone: (949) 287-3210
  • Listing Agent: Veronica Navarro

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: 6/3/2025, 11:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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541 Elm Ave, Inglewood, CA 90301 - exterior space featuring a front lawn, fence, a tiled roof, stucco siding, and a chimney

$1,629,000

541 Elm Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 25, 2023
Home Sold
$1,600,000
Apr 17, 2009
Home Sold
$455,000

Tax history

YearAssessmentProperty Tax
2024$1,632,000$21,253
2023$668,378$9,378
2022$655,274$9,553
2021$642,426$9,467
2020$635,840$8,913
2019$623,374$8,842
2018$611,152$8,586
2017$599,169$8,586

History based on county public records data.

Nearby schools

4

Oak Street Elementary School

Public District KG-6

0.1 mi

633 S Oak St

4

W. Claude Hundall Elementary School

Public District KG-6

0.5 mi

331 W Olive St

3

Beulah Payne Elementary School

Public District KG-6

0.6 mi

215 W 94th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,851. The most common annual income of people living in Inglewood, CA is between $35k-100k. Most families are married, with kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

25%
<35k
56%
35k-100k
7%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

22%
Single, No Kids
20%
Single, with Kids
20%
Married, No Kids
38%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 541 Elm Ave in Inglewood, CA and zip code 90301 in the South Bay neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $1,629,000.

The number of homes for sale in Inglewood, CA increased by 13.5% between April and May 2025. The median list price of listings available in May 2025 was $749,000, while the average time on the real estate market was 108 days.

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

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