• 103 E Tamarack Avenue Inglewood, CA 90301

  • $699,000
  • 3
    Bed(s)
  • 2
    Baths
  • 1,244
    Sq Ft
  • 7684
    Sqft
  • Listed By: Lee Knickerbocker, Re/Max Estate Properties, DRE #00957301
  • Source: CRMLS

Exceptional Investment Opportunity!! Whether you're seeking to expand your real estate portfolio or capitalize on the thriving rental market near SOFI Stadium, this duplex offers an unparalleled opportunity. The combination of location, current income, future income potential, and future development possibilities make it a lucrative investment for savvy investors. This property consists of two distinct homes, ideal for accommodating multiple tenants or generating dual rental income. The first unit features a cozy 1 bedroom and 1 bathroom layout, while the second unit offers a more spacious 2 bedroom and 1 bathroom configuration. Each unit has it’s own outdoor laundry hook up areas. Situated on a large 7,684 square foot lot, this property provides ample space for potential expansion or outdoor amenities. Zoned INCSYY, this may provide other development/business future opportunities in addition to it’s current multifamily income use. The alley access enhances convenience for residents and offers additional parking options. Both units are currently rented, providing immediate income for investors. The stable rental history and proximity to SOFI Stadium, The Forum and future home of Clippers Arena ensure strong demand for tenants seeking a convenient and vibrant lifestyle.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

Sell a home like this and save $41,441 Find Out How

Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1073263012 1 1 1 0
2 1073263012 1 2 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

Property Appliances: Disposal,Gas Range,Gas Water Heater

Fireplace: None

Flooring: Laminate,Tile,Wood

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1927

Building Area Total: 1,244

Construction: Copper Plumbing

Roof: Composition

Foundation

Raised

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup,Outside

Fencing

Chain Link

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1764

Lot Size Source: Assessor

Lot Size Square Feet: 7684

Listing Price Information

Original List Price: 699,000

Listing Contract Date: 2024-05-02

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4021032007

Garage and Parking

Garage Description: Gated,Private,One Space,Unassigned

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: All Utilities

Other Property Info

Source Listing Status: Active

Source Neighborhood: 101 - North Inglewood

Postal Code Plus 4: 3310

Directions: La Brea Ave to Tamarack

Zoning: INCSYY

Source Property Type: Residential Income

Area: 101 - North Inglewood

Property SubType: Duplex

Building and Construction

Property Age: 97

Common Walls: No Common Walls

Structure Type: Duplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: Front

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
609 E Queen Street, Inglewood, CA,90301 $999,999 3 3 1,640 6733 Sqft
543 W Olive Street, Inglewood, CA,90301 $665,999 2 1 624 3033 Sqft
110 N Oak Street, Inglewood, CA,90301 $949,999 5 2 1,446 4746 Sqft
1039 S Grevillea Avenue, Inglewood, CA,90301 $1,125,000 3 3 2,126 5944 Sqft
414 E Arbor Vitae Street, Inglewood, CA,90301 $1,159,000 5 4 2,452 7211 Sqft
800 S Fir Avenue #13, Inglewood, CA,90301 $465,000 2 3 985 24951 Sqft
1027 Walnut Street, Inglewood, CA,90301 $950,000 5 3 1,876 4764 Sqft
240 W Queen Street #9, Inglewood, CA,90301 $399,000 2 2 1,182 11010 Sqft
922 S Cedar Avenue, Inglewood, CA,90301 $1,085,000 -- -- 2,619 12907 Sqft
521 S Flower Street, Inglewood, CA,90301 $1,350,000 -- -- -- 9986 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/27/2024 @ 16:52

MLS: SB24065702
LISTED BY: Lee Knickerbocker, Re/Max Estate Properties
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $41,441 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion