881 Kincaid Avenue

Inglewood, CA 90302

$1,050,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1955

calendar_month Built

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. 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.

Listing Information

List Price $1,050,000
Status Active Under Contract
MLS SR24056860
Type Residential Income
Subtype Triplex
Year Built 1955
Lot Size 5,254
Structure Size N/A
DOM 211
Courtesy Of Keller Williams Realty-Studio City
Listing Agent Joseph Rudd DRE#01518987

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room, Outside, Stacked
Kitchen Information
Features Galley Kitchen
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Laminate
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Unfurnished, Galley Kitchen
Cooling Type
Cooling Type Whole House Fan, Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Gazebo,Shed(s)
View Yes

Maps

Listing information courtesy of: Joseph Rudd, Keller Williams Realty-Studio City 818-605-7732. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 24th, 2024 at 5:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.