813 W Beach Avenue, Inglewood, CA 90302

$1,390,000

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Sold Price
$1,390,000
List Price
$1,450,000
Closing Date
Sep 06, 2023
Status
CLOSED
MLS#
SB23055935
Year Built
1955
Lot Size
9,048
Acres
0.21
Lot Location
Back Yard, Front Yard, Near Public Transit
Days on Market
73
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

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 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.

Additional Information

Other Buildings
Storage
Appliances
Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Pool Description
None
Fireplace Description
Bath, Den, Living Room, Master Bedroom, None, Outside
Heat
Central
Cooling
Yes
Cooling Description
Ductless
View
Neighborhood
Exterior Construction
Stucco
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Furnished, Stone Counters, Recessed Lighting, Solid Surface Counters, All Bedrooms Down, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$100,800
Operating Expense
33516

Listing courtesy of Listing Agent: Maeve Becker (MaeveUBecker@gmail.com) from Listing Office: Keller Williams South Bay.

Listing sold by Amber Seo Campos from New Star Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.