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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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Bought with Keller Williams Realty-Studio City
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