Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

524 Magnolia Avenue

Inglewood, CA, 90301

1 / 11View all 11 photos

$725,000

MLS: 26646951

Beds

2

Baths

1

Sq Ft

1,124

Lot

0.11 ac

Year Built

1929

MLS #

26646951

Days on Market

51

Listed

Jan 20, 2026

Description

Welcome to 524 Magnolia, a charming and well maintained home offering comfort, functionality, and an ideal location. This inviting property features a bright spacious living room and dining room. Home has an abundant natural light. Outdoor space offers plenty of room to relax, garden or host gatherings. Additional highlights include a nice size driveway leading to the garage. Laundry connection in garage. Whether you are a first time buyer, growing a family or an investor this home presents an excellent opportunity in a desirable neighborhood.

Location

Inglewood, Los Angeles County, CA 90301

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Listed by: Susan Rodriguez · RE/MAX Alliance Group

Payment estimate

$5,336

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $72,500 · Loan: $652,500

%
Principal & Interest
$4,009
Property tax (1.25%)
$755
Homeowners insurance
$300
Mortgage insurance
$272
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Inglewood home with as little as 3.5% down using an FHA loan — roughly $25,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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