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881 Kincaid Avenue

Inglewood, CA 90302
  • $1,050,000
  • STATUS: ACTIVE
  • ON SITE: 78 Days
  • ID#: SR24056388
UPDATED: 151 min ago
$1,050,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,950
    SQFT
  • $538
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1955
County:

School Ratings & Info

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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/148931219
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881 Kincaid Avenue Inglewood, CA 90302

  • Price: $1,050,000
  • Status: ACTIVE
  • On Site: 78 Days
  • Updated: 151 min ago
  • ID#: SR24056388
3
Beds
3
Baths
0
½ Baths
0.12
Acres
1,950
SQFT
$538
$/SQFT
1955
Built
Neighborhood:
Inglewood (90302)
County:
Los Angeles
Area:
Inglewood (90302)
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.
Exterior Features

Entry Level Unit 1 Exterior StuccoConcrete Fencing Wrought Iron Irrigation Manual Lot Size 4000-7499 SF Parking Garage Description AssignedGarageGarage - Three Door Parking Non Garage Description DrivewaySide by Side Parking Spaces Total 6 Patio Patio Pool N/K Residential Styles All Other Attached Residential Unit Location 2+ common walls Roof CompositionShingle Site Cul-De-SacCurbsSidewalksSprinklers In FrontSprinklers In Rear Spa N/K View Courtyard

Interior Features

Bath Totals 3 Bedrooms Total 3 Cooling Wall/WindowWhole House Fan Equipment Available DisposalRefrigeratorVented Exhaust FanGas Range Fireplace N/K Floor Coverings CarpetLaminate Heat Equipment Wall/Gravity Heat Source Natural Gas Interior Features Copper Plumbing PartialUnfurnished Laundry Location CommunityCloset StackedLaundry Room Laundry Utilities Washer HookupGas & Electric Dryer HU Searchable Rooms Living RoomGalley Kitchen Stories 2 Story

Property Features

Accessibility Features Doors - Swing In Architectural Style Traditional Assessments N/K Cfd Mello Roos Fee 694.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Urban Monthly Total Fees 57 Other Structures Gazebo Sales Restrictions Standard Security Security BarsCarbon Monoxide DetectorsFire/Smoke Detection Sys Sewer Septic Public Sewer Terms Cash To New Loan Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Public Zoning INR3YY

San Diego MLS logo Listing provided courtesy of Joseph Rudd of Keller Williams Realty-Studio City: 818-605-7732. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037