I am looking to invest in Inglewood, CA (fix and rent or fix and resell), and was wondering how the market is doing there these days. Is it still considered a good market with values appreciating? Is it easy to find an investment home there? Is there rent control? What is the price of an average single family home there or a small multi-family that I should expect to pay? I would appreciate any information on the current market so I am in a better position to select a home to buy there. Thank you in advance.
Inglewood is still a growing, high demand market. The city did just pass a form of rent control so we are now on an equal playing field with LA City and County. Sfr can be anywhere between $550-700K, and duplexes are about $600-650. I live in Inglewood, run my business here, and both my property investments have been made in the city. There is room for growth, and plenty more to come.