• 881 Kincaid Avenue Inglewood, CA 90302

  • $1,050,000
  • 3
    Bed(s)
  • 3
    Baths
  • 1,950
    Sq Ft
  • 5254
    Sqft
  • Listed By: Joseph Rudd, Keller Williams Realty-Studio City, DRE #01518987
  • Source: CRMLS

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. Inglewood’s 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.

Property Type :

Residential

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 3

Full Baths: 3

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition,Shingle

Interior Features: Ceiling Fan(s),Unfurnished,Galley Kitchen

Windows: Blinds,Shutters

Property Appliances: Disposal,Gas Range,Refrigerator,Vented Exhaust Fan,Water Heater

Fireplace: None

Flooring: Carpet,Laminate

Cooling Features

Whole House Fan,Wall/Window Unit(s)

Air Conditioning

Heating Source

Natural Gas,Wall Furnace

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1955

Construction: Concrete,Stucco

Roof: Composition,Shingle

Foundation

Raised

Security Features

Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s),Window Bars

Accessibility Features

Accessible Doors

Pool Features

None

Laundry Features

Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room,Stacked

Patio And Porch

Patio

Fencing

Block,Wrought Iron

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1206

Lot Size Source: Assessor

Lot Size Square Feet: 5254

Listing Price Information

Original List Price: 1,050,000

Listing Contract Date: 2024-03-19

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4017015027

Garage and Parking

Garage Description: Assigned,Concrete,Door-Multi,Driveway Level,Driveway,Garage Faces Front,Garage,Side By Side

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 101 - North Inglewood

Postal Code Plus 4: 3976

Directions: La Cienega Blvd and Hill St

Zoning: INR3YY

Source Property Type: Residential

Area: 101 - North Inglewood

Property SubType: Triplex

Building and Construction

Property Age: 69

Common Walls: 2+ Common Walls

Structure Type: Triplex

Year Built Source: Assessor

Total Square Feet Living: 1950

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Structure Type: Triplex

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
301 E Plymouth Street, Inglewood, CA,90302 $1,600,000 6 -- 3,530 7942 Sqft
414 Stepney Street, Inglewood, CA,90302 $9,750,000 -- -- -- 54484 Sqft
1042 N Market Street, Inglewood, CA,90302 $1,600,000 -- -- 4,456 5035 Sqft
557 Stepney Street, Inglewood, CA,90302 $995,500 5 2 1,848 5999 Sqft
546 Hyde Park Pl, Inglewood, CA,90302 $995,900 4 2 1,762 7127 Sqft
500 Evergreen Street #207, Inglewood, CA,90302 $425,000 2 2 906 29125 Sqft
620 W Hyde Park Bouleva.., Inglewood, CA,90302 $575,000 2 2 1,031 65895 Sqft
326 E Beach Avenue, Inglewood, CA,90302 $749,800 5 3 1,600 5172 Sqft
915 Enterprise Avenue, Inglewood, CA,90302 $1,550,000 11 -- 5,435 7501 Sqft
215 W Plymouth Street, Inglewood, CA,90302 $1,349,000 6 -- 2,720 10018 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 05/04/2024 @ 08:09

MLS: SR24056388
LISTED BY: Joseph Rudd, Keller Williams Realty-Studio City
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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.

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