881 Kincaid Avenue Inglewood, CA $ 1,050,000
881 Kincaid Avenue
$ 1,050,000
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881 Kincaid Avenue

Inglewood, CA, 90302
$ 1,050,000
Bedrooms3 Baths3.0 Sq 1,950

Monthly Estimate*

$ 7,335

Listed by Keller Williams Realty-Studio City
881 Kincaid Avenue, Inglewood, CA 90302 - Image 1
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Multi-Family Home for sale in Inglewood, CA

for $1,050,000 with 3 bedrooms and 3 full baths. This 1,950 square foot home was built in 1955 on a lot size of 0.1206.

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.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional,PatioHome

Lot Size

0.1206

Year Built

1955

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SR24056860

Days on Market

35

Features
General
Interior Features CeilingFans Unfurnished GalleyKitchen
Sewer PublicSewer
Heating NaturalGas WallFurnace
Cooling WholeHouseFan WallWindowUnits
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Roof Shingle
Appliances GasRange Refrigerator VentedExhaustFan WaterHeater Dryer Washer
Exterior Features Lighting RainGutters
Zoning INR3YY
Garage Spaces 3.0
Architectural Style Traditional PatioHome
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors WindowBars
Construction Materials Concrete Stucco
Year Built 1955
Electric ElectricityOnProperty
Tenant Pays CableTV Electricity Gas Telephone
View Courtyard
Stories 2
Levels Two
Property SubType Triplex
Gross Income 0.0
Community Features Biking Curbs StormDrains StreetLights Sidewalks Urban Park
Accessibility AccessibleDoors
County Los Angeles
Net Operating Income 23526.0
Operating Expense 11538.0
Insurance Expense 2679.0
New Construction N
Property Type ResidentialIncome
Association Amenities Water
HOA / Comm Assn N
Attached Garage N
Contingency May be contingent on seller purchasing home of choice.
Garage Y/N Y
Other Structures Gazebo Sheds
Special Listing Conditions Standard
Status Active
Directions La Cienega Blvd and Centinela Ave
City Inglewood
Disclosures EarthquakeInsuranceAvailable RentControl
Entry Location First and second floor
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 3
MLS Area 101 - North Inglewood
Lot Size Square Feet 5254.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Kincaid
Listing Terms CashtoNewLoan FHA VALoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 844.0
Water Sewer Expense 844.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 133
Total Actual Rent 35064.0
Property Sub Type Additional Triplex
Expected Active Date 2024-03-27
Taxes 1883.0
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Interior
Flooring Carpet Laminate
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Shutters
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea LaundryRoom Outside Stacked
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Block WroughtIron
Parking Features Assigned Concrete DoorMulti DrivewayLevel Driveway GarageFacesFront Garage SideBySide
Lot Features BackYard CulDeSac SprinklersInRear SprinklersInFront Lawn Landscaped Level NearPark NearPublicTransit Paved RectangularLot SprinklersManual SprinklersOnSide SprinklerSystem StreetLevel
Water Source Public
Total Parking 6.0
Lot Size Area 5254.0
Foundation Details Raised
Number of Buildings 1
Spa N
Building Area Total 1950.0
Lot Size Acres 0.1206
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Door Features SlidingDoors
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
Other Equipment SatelliteDish
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 881
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* Excluded Features
List By
Keller Williams Realty-Studio City

Broker

(818) 605-7732

Phone

Affordability Calculator

$7,335
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,335
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$1,050,000 Listed Price

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881 Kincaid Avenue, Inglewood, CA, 90302 is a Multi-Family Home for sale at $1,050,000 with 1,950 sqft and a lot size of 0.1206. 881 Kincaid Avenue has 3 bedrooms, 3.0 baths, and was built in 1955. The property's zip code is 90302 which is in Inglewood, CA