103 E Tamarack Avenue Inglewood, CA $ 699,000
103 E Tamarack Avenue
$ 699,000
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103 E Tamarack Avenue

Inglewood, CA, 90301
$ 699,000
Bedrooms3 Baths2.0 Sq 1,244

Monthly Estimate*

$ 4,646

Listed by Re/Max Estate Properties
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Multi-Family Home for sale in Inglewood, CA

for $699,000 with 3 bedrooms and 2 full baths. This 1,244 square foot home was built in 1927 on a lot size of 0.1764.

Exceptional Investment Opportunity!! Whether you're seeking to expand your real estate portfolio or capitalize on the thriving rental market near SOFI Stadium, this duplex offers an unparalleled opportunity. The combination of location, current income, future income potential, and future development possibilities make it a lucrative investment for savvy investors. This property consists of two distinct homes, ideal for accommodating multiple tenants or generating dual rental income. The first unit features a cozy 1 bedroom and 1 bathroom layout, while the second unit offers a more spacious 2 bedroom and 1 bathroom configuration. Each unit has it’s own outdoor laundry hook up areas. Situated on a large 7,684 square foot lot, this property provides ample space for potential expansion or outdoor amenities. Zoned INCSYY, this may provide other development/business future opportunities in addition to it’s current multifamily income use. The alley access enhances convenience for residents and offers additional parking options. Both units are currently rented, providing immediate income for investors. The stable rental history and proximity to SOFI Stadium, The Forum and future home of Clippers Arena ensure strong demand for tenants seeking a convenient and vibrant lifestyle.

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Multi-Family Active

Price

$ 699,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.1764

Year Built

1927

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB24065702

Days on Market

32

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Composition
Appliances Disposal GasRange GasWaterHeater
Zoning INCSYY
HOA 0.0
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials CopperPlumbing
Year Built 1927
Tenant Pays AllUtilities
View None
Stories 1
Levels One
Property SubType Duplex
Gross Income 45600.0
Community Features Curbs
County Los Angeles
Net Operating Income 40224.0
Operating Expense 5376.0
Insurance Expense 3000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures Sheds
Special Listing Conditions Standard
Status Active
Directions La Brea Ave to Tamarack
City Inglewood
Entry Location Front
View Y/N N
Senior Community Y/N N
Open Parking Spaces 5.0
NumberOfUnitsTotal 2
MLS Area 101 - North Inglewood
Lot Size Units SquareFeet
Lot Size Square Feet 7684.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Tamarack
Listing Terms CashtoNewLoan
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Conventional
Trash Expense 1800.0
Water Sewer Expense 576.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 19
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 3800.0
Property Sub Type Additional Duplex
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Interior
Flooring Laminate Tile Wood
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features WasherHookup GasDryerHookup Outside
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing ChainLink
Parking Features Gated Private OneSpace Unassigned
Lot Features Item25UnitsAcre IrregularLot Landscaped Level StreetLevel
Water Source Public
Total Parking 5.0
Lot Size Area 7684.0
Foundation Details Raised
Number of Buildings 2
Spa N
Building Area Total 1244.0
Lot Size Acres 0.1764
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CountryRoad
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 1 103
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* Excluded Features
List By
Re/Max Estate Properties

Broker

(310) 544-9999

Phone

Affordability Calculator

$4,646
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,646
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
5/2/2024$699,000 Listed Price

Map


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103 E Tamarack Avenue, Inglewood, CA, 90301 is a Multi-Family Home for sale at $699,000 with 1,244 sqft and a lot size of 0.1764. 103 E Tamarack Avenue has 3 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 90301 which is in Inglewood, CA