881 Kincaid AVE

Inglewood,CA 90302

$ 1050000

- Bed

- Bath

1950 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $538

MLS Listing ID SR24056860

Year Built 1955

Lot Size 5,253 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. 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.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Rooms

Other Rooms Gazebo,Shed(s)

Ensuite Laundry Common Area,Laundry Room,Outside,Stacked

Interior

Laundry Location Common Area,Laundry Room,Outside,Stacked

Heating Natural Gas,Wall Furnace

Cooling Whole House Fan,Wall/Window Unit(s)

Flooring Carpet,Laminate

Fireplaces Type None

Equipment Satellite Dish

Laundry Common Area,Laundry Room,Outside,Stacked

Exterior

Exterior Feature Lighting,Rain Gutters

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

Garage Spaces 3.0

Garage Description 3.0

Fence Block,Wrought Iron

Pool None

Community Features Biking,Curbs,Storm Drain(s),Street Lights,Sidewalks,Urban,Park

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

Amenities Available Water

View Y/N Yes

View Courtyard

Roof Type Shingle

Building

Lot Description Back Yard,Cul-De-Sac,Sprinklers In Rear,Sprinklers In Front,Lawn,Landscaped,Level,Near Park,Near Public Transit,Paved,Rectangular Lot,Sprinklers Manual,Sprinklers On Side,Sprinkler System,Street Level

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan,FHA,VA Loan

Listing Terms Cash to New Loan,FHA,VA Loan

Special Listing Condition Standard

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