8416 Byrd Avenue South

Inglewood, CA 90305

$949,901
Price
2
Beds
1,406 Sq. Ft.
$676 / Sq. Ft.
1,406
Sq. Ft.
$676
per Sq. Ft.

Description

No subject-to or assumable offers! Amazing chance in the highly sought-after Morningside Park - Inglewood neighborhood! This property features two spacious units, perfectly situated on a wide, peaceful street just a few blocks away from Circle Park. The duplex comprises two 1-bedroom, 1-bathroom units, each with its own laundry room and separate utilities/meters. The backyard is large and there are two 1-car garages located at the rear that would be a great ADU opportunity to generate even more rental...No subject-to or assumable offers! Amazing chance in the highly sought-after Morningside Park - Inglewood neighborhood! This property features two spacious units, perfectly situated on a wide, peaceful street just a few blocks away from Circle Park. The duplex comprises two 1-bedroom, 1-bathroom units, each with its own laundry room and separate utilities/meters. The backyard is large and there are two 1-car garages located at the rear that would be a great ADU opportunity to generate even more rental income! The location is incredibly convenient, being in close proximity to SoFi Stadium, the Forum, the proposed site for the Clippers Arena, and LAX. Additionally, the area is experiencing rapid development, with a new train/metro line connecting Inglewood to LAX, as well as numerous infrastructure investments in preparation for the 2028 Olympics. Exciting developments such as new shopping plazas, retail outlets, fine dining establishments, and entertainment venues are being established nearby. The units have been meticulously maintained, are move-in ready, and boast desirable features like dual pane windows, updated heating, newer A/C, and the possibility of refinished oak hardwood flooring beneath the carpet. This is an exceptional investment opportunity in an area that is continuously improving, leading to increased property values. Please respect the privacy of the tenants and refrain from disturbing them.
  1. Listed by Jorge Lopez • DRE #01919114 • Brokerage DRE #02133500 • Nationwide Advisors, Inc. • 213-533-9944

Property Details for 8416 Byrd Avenue South

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1406
Assessor Parcel Number
4010-031-019
Property Attached YN
true

Location

Listing Courtesy of Nationwide Advisors, Inc., Jorge Lopez, DRE #01919114
Add your commute
LISTING UPDATED: 02/15/2024 05:44 AM

Property Details for 8416 Byrd Avenue South

StatusActive
MLS #DW23108477
Days on Market316
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.13 AC / 5,515 SF
CountyLos Angeles County

Location

Listing Courtesy of Nationwide Advisors, Inc., Jorge Lopez, DRE #01919114
Add your commute

Building Information for 8416 Byrd Avenue South

Stories1Residences-Year Built1941Building Size-Lot Size0.13 AC / 5,515 SF

Payment Calculator

$6,238 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,184

Property Taxes

$1,054

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8416 Byrd Avenue South

Rental Info
Rental Info
  • Tenant Pays: See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $50,400
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $47,908
Expense Details
  • Operating Expense: $2,492
  • Insurance Expense: $1,292
  • Trash Expense: $600
  • Water Sewer Expense: $600
  • Total Expenses: $2,492
Tax / Assessment Info
  • Tax Tract Number: 10146
  • Tax Census Tract: 6008.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 189
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Park, Storm Drains
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
Exterior Features
  • Entry Location: street facing
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lawn
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 8416 Byrd Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8416 Byrd Avenue South

Taxable ValueLand$765,000Additions$204,000Total$969,000
Tax Record2023$12,651 ($1,054 / month)
Home Facts
Total Finished SqFt1,406 SqFtAbove Grade Finished SqFt1,406 SqFtLot Size5,515 SqFtStyleDuplexYear Built1941ZoningINR2YYCountyLOS ANGELESAPN4010-031-019

Schools near 8416 Byrd Avenue South

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lane (Warren) Elementary School
PublicK to 6

Monroe (Albert F.) Middle School
Public6 to 8

Inglewood High School
Public9 to 12

Animo Inglewood Charter High School
Charter9 to 12

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.

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8416 Byrd Avenue South is a multi-family home for sale in Inglewood, CA 90305. This property was listed for sale on June 18, 2023 by Nationwide Advisors, Inc., it's currently listed at $949,901. It has been on the market for a total of 316 days and was last sold on April 5, 2022. This listing's school district is Inglewood Unified School District. Nearby schools include Lane (Warren) Elementary School, Monroe (Albert F.) Middle School and Inglewood High School. 8416 Byrd Avenue South is a 2-bed, 0-bath, 1,406 sqft multi-family home built in 1941.

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 Nationwide Advisors, Inc., Jorge Lopez, DRE #01919114

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.