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Key Details
Sold Price $1,390,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23055935
Sold Date 09/06/23
Bedrooms 5
HOA Y/N No
Lot Size 9,048 Sqft
Property Description
*See the Matterport 360 Virtual Tour. This triplex is an excellent opportunity for both investors and owner-occupants in a highly sought-after northwest Inglewood neighborhood, nestled between Westchester and La Tijera Village. The property features three fully furnished units, which will be delivered vacant at the close of escrow. The new owner will have complete flexibility to choose their own tenants or enjoy their new home and lease the rear units to help offset mortgage payments. The charming and spacious detached front house with classic 1950s architectural details has been updated with modern amenities, including AC units, recessed lighting, stainless steel appliances, quartz countertops, newly tiled showers, and laminate flooring to name a few. In-unit washers and dryers, ample storage space, and high-speed internet connectivity will be appreciated by tenants. Plus, separate meters for gas and electricity ensure each tenant is responsible for their own utility bills, providing peace of mind for landlords. The property's enclosed front lawn adds to the curb appeal, while the private patio and spacious backyard offer a peaceful retreat for all. The two-car garage, courtyard parking spaces, and a long driveway provide ample off-street parking. The oversized 9,000+ sq. ft. lot provides the possibility of converting the two-car garage and storage room into an ADU to generate even more income (please check with the City of Inglewood). Tenants will enjoy attending events at the Kia Forum, So-Fi Stadium, Hollywood Park Development, and shopping at The Interchange at La Cien
*See the Matterport 360 Virtual Tour. This triplex is an excellent opportunity for both investors and owner-occupants in a highly sought-after northwest Inglewood neighborhood, nestled between Westchester and La Tijera Village. The property features three fully furnished units, which will be delivered vacant at the close of escrow. The new owner will have complete flexibility to choose their own tenants or enjoy their new home and lease the rear units to help offset mortgage payments. The charming and spacious detached front house with classic 1950s architectural details has been updated with modern amenities, including AC units, recessed lighting, stainless steel appliances, quartz countertops, newly tiled showers, and laminate flooring to name a few. In-unit washers and dryers, ample storage space, and high-speed internet connectivity will be appreciated by tenants. Plus, separate meters for gas and electricity ensure each tenant is responsible for their own utility bills, providing peace of mind for landlords. The property's enclosed front lawn adds to the curb appeal, while the private patio and spacious backyard offer a peaceful retreat for all. The two-car garage, courtyard parking spaces, and a long driveway provide ample off-street parking. The oversized 9,000+ sq. ft. lot provides the possibility of converting the two-car garage and storage room into an ADU to generate even more income (please check with the City of Inglewood). Tenants will enjoy attending events at the Kia Forum, So-Fi Stadium, Hollywood Park Development, and shopping at The Interchange at La Cienega, and the Ladera Center, while being less than 4 miles from the beach. The high-end finishes, spacious layout, recent updates, furniture, and prime location make this property highly attractive to tenants, ensuring maximum occupancy rates and an impressive return on investment. This is an ideal opportunity for both investors and owner-users to acquire a well-maintained triplex in the "City of Champions." The Seller's portfolio includes two additional multi-family properties in Inglewood that are available for purchase. These properties are listed with MLS numbers, SB23056963 - 9725 Crenshaw Boulevard (Fourplex), and SB23056700 - 110 S Eucalyptus Avenue (7 townhome-style units). By purchasing all three properties together, you may benefit from cost savings or increased investment returns. We invite you to consider these possibilities and explore these properties further.
Location
State CA
County Los Angeles
Area Inglewood (90302)
Zoning Assessor
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Conventional
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Bought with NON LISTED AGENT • San Diego