CA > Inglewood
Inglewood, CA 90305,8412 Byrd Ave
Inglewood, CA 90305,8412 Byrd Ave
Inglewood, CA 90305,8412 Byrd Ave
Inglewood, CA 90305,8412 Byrd Ave
Inglewood, CA 90305,8412 Byrd Ave
Inglewood, CA 90305,8412 Byrd Ave
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GUIDE Real Estate

GUIDE Real Estate

+1(916) 975-2700
$ 1,400,000
Est. payment | /mo

5 Beds

5 Baths

3,062 SqFt

Save
$ 1,400,000
Est. payment | /mo
Save

5 Beds

5 Baths

3,062 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,062 sqft

Price per Sqft $457

MLS Listing ID 24-447961

Style Spanish

Bedrooms 5

Year Built 1936

Lot Size 5,498 Sqft

Acres 0.1262

Property Description

Attention Investors! This is your ideal opportunity for a 1031 exchange or to expand your growing portfolio with this beautifully remodeled duplex in the highly sought-after Morningside Park neighborhood. Only a stones throw from the vibrant Inglewood Industry home to Sofi Stadium, Intuit Dome, YouTube Theater, Kia Forum, the new Hollywood Park featuring retail shops, Cinepolis Luxury Cinemas, Casino, Public Parks, and a beautiful lake! Plus, you're only minutes from LAX. With these attractions so close, high tenant demand is guaranteed! But not too worry because this property is already a well oiled machine with both units fully occupied by reliable tenants paying market rents! It's ready to be the easiest addition to your portfolio. Completely restored over the last four years, it features new windows, copper plumbing, updated electrical, new HVAC system, new roof, drainage and new stamped concrete hardscape. Each unit is approximately 1,500SF+ and includes two spacious beds, 1.5 baths, and a flexible 3rd room ideal for an office, den, or gym! The living rooms offer large picture windows overlooking a tree-lined street, a fireplace and new flooring. Both the baths and kitchens boast designer tiles while the light filled kitchens are outfitted with luxury Samsung appliance set including dishwasher, refrigerator and range. Plus, a convenient side-by-side washer/dryer setup off each kitchen. Additionally there is a two year old gazebo and storage shed in the back. Located on a beautiful tree-lined street with majestic Chinese elms just off the coveted Circle Park, where residents enjoy scenic walks and outdoor workouts, this neighborhood and property's charm are hard to beat. The top unit is rented at $3000/month with 3 year term. *no dedicated parking but gas is included.* The downstairs unit has a long term tenant on a 3 year lease at $3,500/mo. This unit includes off street driveway parking. *Tenant pays gas and electric.* Combined, the units generate $78,000/year in gross revenue. PLUS THERE IS MORE! A bonus unit in back delivered fully vacant! Stunning 1bed, 1 bath unit with AC. Features include new flooring, new cabinetry, luxury appliances and a small island in the kitchen and a private outdoor patio. It has been rented for the last year at $2,200/month but has the ability to garner even more income, offering even more cash flow potential!

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR2YY

Rooms

Other Rooms None

Interior

Heating Wall, Central

Cooling Central, Wall Unit(s)

Equipment Dishwasher, Garbage Disposal, Refrigerator, Range/Oven, Microwave

Exterior

Garage Driveway

Building

Architectural Style Spanish

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass
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+1(916) 975-2700

listings@guiderealestate.com

1610 R Street, Sacramento, California, 95811, United States

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8412 Byrd Ave