881 Kincaid Avenue

Inglewood, CA 90302

$1,050,000
Price
3
Beds
3
Baths
1,950 Sq. Ft.
$538 / Sq. Ft.
1,950
Sq. Ft.
$538
per Sq. Ft.

Description

Calling all Savvy Investors & Handy Homeowners! This charming triplex in the desirable North Inglewood area offers the perfect blend of income potential, sweat equity, and built-in rent growth for the future-focused owner user buyer. Live comfortably in one spacious unit while collecting rent from the other two. Inglewood’s rent control laws allow for annual increases of up to 10% for under market rented units, giving you a clear path to reaching market rent within 2-3 years, maximizing your income...Calling all Savvy Investors & Handy Homeowners! This charming triplex in the desirable North Inglewood area offers the perfect blend of income potential, sweat equity, and built-in rent growth for the future-focused owner user buyer. Live comfortably in one spacious unit while collecting rent from the other two. Inglewood’s rent control laws allow for annual increases of up to 10% for under market rented units, giving you a clear path to reaching market rent within 2-3 years, maximizing your income stream. The upside is yours. While the property boasts a solid foundation and well-maintained structure, there's room for cosmetic improvements to unlock its full potential. A large backyard for possible other opportunity, maybe additional structure. Channel your inner DIY spirit and personalize each unit, increasing overall value and future rent. Located on a cul-de-sac, minutes away from the 405 fwy, shopping, restaurants, LAX, SoFi Stadium, the Forum, the Westside and more. The owner user unit #1 will be delivered vacant.
  1. Listed by Joseph Rudd • DRE #01518987 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City • 818-605-7732

Property Details for 881 Kincaid Avenue

Architectural Style
Traditional
View
Courtyard
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window, Whole House Fan
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Keller Williams Realty-Studio City, Joseph Rudd, DRE #01518987
Add your commute
LISTING UPDATED: 03/27/2024 11:14 PM

Property Details for 881 Kincaid Avenue

StatusActive
MLS #SR24056860
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty-Studio City, Joseph Rudd, DRE #01518987
Add your commute

Building Information for 881 Kincaid Avenue

Building/Complex881 Kincaid AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-

Payment Calculator

$5,887 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 881 Kincaid Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $35,064
  • Gross Equity: $35,064
  • Net Operating Income: $23,526
  • Number Of Rented Garages: 0
  • Laundry Income: $0
Expense Details
  • Operating Expense: $11,538
  • New Taxes Expense: $1,883
  • Gardener Expense: $3,840
  • Licenses Expense: $20
  • Pest Control Expense: $250
  • Insurance Expense: $2,679
  • Maintenance Percent: 1.00%
  • Other Expense: $120
  • Trash Expense: $844
  • Water Sewer Expense: $844
  • Supplies Expense: $150
  • Total Expenses: $11,538
Tax / Assessment Info
  • Tax Tract Number: 652
  • Tax Census Tract: 6013.02
  • CFD/Mello-Roos Fee: $694
  • Tax Lot: 133
Community / Development
Community / Development
  • Accessibility Features: Doors - Swing In
  • Disability Access: Doors - Swing In
  • Association Amenities: Water
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
  • Equipment: Disposal, Refrigerator, Vented Exhaust Fan, Gas Range
  • Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Unfurnished
  • Room Type: Galley Kitchen, Living Room
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Room Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower
  • Room Kitchen Features: Tile Counters
  • Eating Area: Area
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Individual Room, Outside, Stackable, Washer Included
  • Laundry Location: Community, Closet Stacked, Laundry Room
  • Laundry Utilities: Washer Hookup, Gas & Electric Dryer HU
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s), Whole House Fan
  • Heating Type: Natural Gas, Wall
  • Heat Source: Natural Gas
  • Heating: Natural Gas, Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Floor Coverings: Carpet, Laminate
  • Flooring: Carpet, Laminate
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Blinds, Shutters
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Security: Security Bars, Carbon Monoxide Detectors, Fire/Smoke Detection Sys
  • Construction Materials: Concrete, Stucco
  • Exterior Construction: Concrete, Stucco
  • Exterior: Stucco, Concrete
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • Roof: Shingle
  • Entry Location: First and second floor
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Wrought Iron
  • Foundation Details: Raised
  • Structure Type: Triplex
  • Other Structures: Gazebo, Shed(s)
  • Miscellaneous: Urban
  • View Description: Courtyard
  • Patio: Yes
  • Patio: Patio
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Patio Home, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Sprinklers On Side
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Number Remotes: 0
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned, Driveway, Garage, Garage - 3 Car, Side By Side
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Non-Garage: Driveway, Side by Side
  • Parking Garage Spaces: 3
  • Parking Garage: Assigned, Garage, Garage - Three Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Assigned, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Three Door, Side by Side
Property / Structure Info
  • Architectural Style: Traditional
  • Residential Styles: All Other Attached
  • Residential Unit Location: 2+ common walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,590
  • Unit Type Total Rent: $1,590
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,332
  • Unit Type Total Rent: $1,332
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • 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
  • Number With Carpet: 1
  • Number With Disposal: 3
  • Number With Drapes: 0
  • Number With Patio: 1

Property History for 881 Kincaid 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 881 Kincaid Avenue

Taxable ValueLand$22,617Additions$72,445Total$95,062
Tax Record2023$1,883 ($157 / month)
Home Facts
Total Finished SqFt1,950 SqFtAbove Grade Finished SqFt1,950 SqFtLot Size5,254 SqFtStyleTriplexYear Built1955ZoningINR3YYCountyLOS ANGELESAPN4017-015-027

Schools near 881 Kincaid Avenue

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

Parent (Frank D.) Elementary School
PublicK to 8

Inglewood High School
Public9 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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881 Kincaid Avenue is a multi-family home for sale in Inglewood, CA 90302. This property was listed for sale on March 27, 2024 by Keller Williams Realty-Studio City, it's currently listed at $1,050,000. This listing's school district is Inglewood Unified School District. Nearby schools include Highland Elementary School, Parent (Frank D.) Elementary School and La Tijera K-8 Charter School Academy of Excellence. 881 Kincaid Avenue is a 3-bed, 3-bath, 1,950 sqft multi-family home built in 1955.

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 Realty-Studio City, Joseph Rudd, DRE #01518987

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.