813 West Beach Avenue

Inglewood, CA 90302

$1,390,000
Last Sold Price
5
Beds
4
Baths
2,874 Sq. Ft.
$484 / Sq. Ft.
2,874
Sq. Ft.
$484
per Sq. Ft.

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...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.
  1. Listed by Maeve Becker • DRE #01963513 • Brokerage DRE #01854035 • Keller Williams South Bay

Property Details for 813 West Beach Avenue

View
Neighborhood
Parking Spaces Total
6
Private Pool
No
Cooling Type
Ductless
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2874

Location

Listing Courtesy of Keller Williams South Bay, Maeve Becker, DRE #01963513

Sold By New Star Realty, Amber Seo Campos, DRE #02008733

Add your commute
LISTING UPDATED: 09/07/2023 10:57 AM

Property Details for 813 West Beach Avenue

StatusClosed
MLS #SB23055935
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams South Bay, Maeve Becker, DRE #01963513

Sold By New Star Realty, Amber Seo Campos, DRE #02008733

Add your commute

Building Information for 813 West Beach Avenue

Building/Complex813 W Beach AveFloor-Stories1Residences-Pet Policy-Year Built1955Building Size-

Payment Calculator

$8,471 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,586

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 813 West Beach Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $100,800
  • Gross Scheduled Income: $100,800
  • Vacancy Allowance: 5040
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $100,800
  • Net Operating Income: $62,244
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 14.38
  • Cap Rate: 4.29
  • Financing: Conventional
Expense Details
  • Operating Expense: $33,516
  • Operating Expense Percent: 35.00%
  • New Taxes Expense: $0
  • Gardener Expense: $720
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $1,200
  • Water Sewer Expense: $2,532
  • Total Expenses: $33,516
Tax / Assessment Info
  • Tax Tract Number: 6013
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 121
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Oven, Gas Stove, Vented Exhaust Fan
  • Interior Features: Ceiling Fan(s), Corian Counters, Furnished, Recessed Lighting, Stone Counters
  • Room Type: All Bedrooms Down, Bonus Room, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Master Suite
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Stackable, Washer Included
  • Laundry Location: Closet Stacked, Laundry Room, Inside
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None, Bath, Den, Living Room, Master Bedroom, Patio
  • Fireplace Rooms: Bath, Den, Living Room, Master Bedroom, None, Patio
  • Fireplace: FP in Living Room, FP in Master BR, Patio/Outdoors, N/K, Den, Bath
  • Cooling: Ductless
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Carpet, Laminate, Linoleum/Vinyl, Tile, Wood
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Entry Location: Ground Level With Steps
  • Fence: Yes
  • Fence: Redwood, Stucco Wall, Wrought Iron
  • Fencing: Block, Redwood, Stucco Wall, Wrought Iron
  • Foundation Details: Raised, Slab
  • Structure Type: Triplex
  • Other Structures: Storage
  • Property Condition: Updated/Remodeled
  • Miscellaneous: Storm Drains, Urban
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: Bath
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage: Assigned, Driveway, Garage, On street, Uncovered
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Non-Garage: Uncovered, Driveway, Street
  • Parking Garage Spaces: 2
  • Parking Garage: Assigned, Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Assigned, Driveway, Paved, Garage, Street, Uncovered
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Refrigerator: 3

Property History for 813 West Beach Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 813 West Beach Avenue

Taxable ValueLand$474,471Additions$316,314Total$790,785
Tax Record2023$10,626 ($885 / month)
Home Facts
Total Finished SqFt2,874 SqFtAbove Grade Finished SqFt2,874 SqFtLot Size9,048 SqFtStyleDuplexYear Built1955ZoningINR3YYCountyLOS ANGELESAPN4017-013-017

Schools near 813 West Beach Avenue

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Highland Elementary School
PublicK to 6

Crozier (George W.) Middle School
Public7 to 8

Inglewood High School
Public9 to 12

Wilder's Preparatory Academy Charter
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams South Bay, Maeve Becker, DRE #01963513

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.