Inglewood, CA 90302,881 Kincaid Avenue
Inglewood, CA 90302,881 Kincaid Avenue
Inglewood, CA 90302,881 Kincaid Avenue
Inglewood, CA 90302,881 Kincaid Avenue
Inglewood, CA 90302,881 Kincaid Avenue
Inglewood, CA 90302,881 Kincaid Avenue
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$1,015,000

$1,050,000

3.3%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

5,254 Sqft Lot


SOLD DATE : 11/15/2024

Key Details

Sold Price $1,015,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24056860

Sold Date 11/15/24

Bedrooms 3

HOA Y/N No

Lot Size 5,254 Sqft

Property Description

Calling all Savvy Investors & Handy Homeowners! This charming triplex in the desirable North Inglewood area offers the perfect blend of income potential, sweat equity, and built-in rent growth for the future-focused owner user buyer. Live comfortably in one spacious unit while collecting rent from the other two. Inglewoods rent control laws allow for annual increases of up to 10% for under market rented units, giving you a clear path to reaching market rent within 2-3 years, maximizing your income stream. The upside is yours. While the property boasts a solid foundation and well-maintained structure, there's room for cosmetic improvements to unlock its full potential. A large backyard for possible other opportunity, maybe additional structure. Channel your inner DIY spirit and personalize each unit, increasing overall value and future rent. Located on a cul-de-sac, minutes away from the 405 fwy, shopping, restaurants, LAX, SoFi Stadium, the Forum, the Westside and more. The owner user unit #1 will be delivered vacant.
Calling all Savvy Investors & Handy Homeowners! This charming triplex in the desirable North Inglewood area offers the perfect blend of income potential, sweat equity, and built-in rent growth for the future-focused owner user buyer. Live comfortably in one spacious unit while collecting rent from the other two. Inglewoods rent control laws allow for annual increases of up to 10% for under market rented units, giving you a clear path to reaching market rent within 2-3 years, maximizing your income stream. The upside is yours. While the property boasts a solid foundation and well-maintained structure, there's room for cosmetic improvements to unlock its full potential. A large backyard for possible other opportunity, maybe additional structure. Channel your inner DIY spirit and personalize each unit, increasing overall value and future rent. Located on a cul-de-sac, minutes away from the 405 fwy, shopping, restaurants, LAX, SoFi Stadium, the Forum, the Westside and more. The owner user unit #1 will be delivered vacant.

Location

State CA

County Los Angeles

Area Inglewood (90302)

Zoning Assessor

Interior

Heating Natural Gas

Cooling Attic Fan, Wall/Window

Exterior

Exterior Feature Stucco

Parking Features Unit1:Assigned

Building

Lot Description Cul-De-Sac, Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $57

Acceptable Financing FHA, VA

Listing Terms FHA, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Keller Williams Realty-Studio City
Bought with Keller Williams Realty-Studio City
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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