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Inglewood, CA 90301 103 E Tamarack Avenue

$699,000

OPEN HOUSE Sun, May 19 2024 2:00 PM - 3:00 PM
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Presented By: Lee Knickerbocker with Re/Max Estate Properties; 310-920-7399
  • MLS# SB24065702
  • 05/02/2024
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 1
  • FootageSQFT • 1,244

Home Details

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.
Presented By: Lee Knickerbocker with Re/Max Estate Properties; 310-920-7399

Interior Features for 103 E Tamarack Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile, Wood
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup, Outside
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 103 E Tamarack Avenue

Additional Parcels Y/NNo
AppliancesDisposal, GasRange, GasWaterHeater
Architectural StyleBungalow
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityInglewood
Community FeaturesCurbs
Construction MaterialsCopperPlumbing
CoolingNone
CountyLos Angeles
Current FinancingConventional
Days on Market16
DirectionsLa Brea Ave to Tamarack
Entry LocationFront
Garage Spaces0.0
Garage Y/NNo
Gross Income45600.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan
Lot Size Square Feet7684.0
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income40224.0
New ConstructionNo
Number of Units Leased2
Open Parking Spaces5.0
Operating Expense5376.0
Other StructuresSheds
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameTamarack
Tax Lot6
Tenant PaysAllUtilities
Total Actual Rent3800.0
Total Units2
Trash Expense1800.0
ViewNone
View Y/NNo
Water Sewer Expense576.0
Waterfront Y/NNo
Year Built1927
Year Built SourceAssessor
ZoningINCSYY

Exterior for 103 E Tamarack Avenue

Building Area Total1244.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre, IrregularLot, Landscaped, Level, StreetLevel
Lot Size Acres0.1764
Lot Size Area7684.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGated, Private, OneSpace, Unassigned
Road Frontage TypeCountryRoad
SpaNo
Total Parking5.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $699,000
MLS#SB24065702
List Date 05/02/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors