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103 East Tamarack Avenue Inglewood, CA 90301
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Key Details
Sold Price $645,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $518
MLS Listing ID SB-24065702
Sold Date 09/13/24
Style Bungalow
Year Built 1927
Lot Size 7,684 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Zoning INCSYY
Interior
Interior Features Copper Plumbing Full
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Wood
Fireplaces Type None
Laundry Gas Dryer Hookup, Outside, Washer Hookup
Exterior
Parking Features Parking Space, Private, Unassigned
Pool None
Community Features Curbs
View Y/N No
View None
Building
Lot Description Irregular Lot, Landscaped, Level, Level with Street, 2-5 Units/Acre
Sewer Public Sewer
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