624 W Beach Avenue, Inglewood, CA 90302

$929,000
4
BD
2
BA
1,182
SqFt

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Listing courtesy of Listing Agent: Magic Hong Lee (magic4989@yahoo.com) from Listing Office: Leeway Funding Inc.

List Price
$929,000
Status
ACTIVE
Days on Market
9
MLS#
26901601
Subtype
Residential
Style
Bungalow
Year Built
1949
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,182
Lot Size
4,390
Acres
0.10
MLS Area Major
North Inglewood (101)

Property Description

WOW, BRING YOUR OFFER!!! ******************************************************************************************"This home is located in a census tract that qualifies for a $20,000 grant and special financing through City National Bank. For qualifications and restrictions, please contact CNB loan directly and details are in the agent remarks.************************************************************************** Rare 3-Unit Opportunity in North Inglewood. The owner can live 1 unit and get the rental income from the other units. Fully Remodeled & Move-In Ready! Discover the perfect blend of versatility and income potential in this meticulously renovated multi-unit property. Quiet neighborhood with a Rec. Center and elementary school up the block and nearby Rogers park. Located minutes from SoFi Stadium, the Intuit Dome, and Westfield Culver City, this North Inglewood gem is ready for move-in, rental, or both. The property features approximately 1470 SF of functional living space (Title shows 1,182 SF) thoughtfully divided into three distinct units, each with its own kitchen and private entrance: Main House (Front): A spacious 2-Bedroom, 1-Bathroom unit (~660 SF). Side House (Side): A private 1-Bedroom, 1-Bathroom unit (~550 SF). Detached ADU: A bright, permitted Studio with 1 Bathroom (~250 SF) situated above the garage which is available for income on Day 1 and Top-to-Bottom Renovation: Enjoy total peace of mind with brand-new kitchen appliances, modern flooring, HVAC (Main House), updated heaters, stylish bathrooms, newly-installed lighting, and fresh interior/exterior paint throughout. Exterior & Parking: The 4,390 SF lot offers a welcoming front yard and a large, grassy backyards blank canvas for outdoor entertaining. Parking is a breeze with a 1-car garage and a long driveway for tandem parking(3). Prime Location: Unbeatable proximity to the 405, LAX, and the burgeoning tech hubs of Culver City and Silicon Beach nearby Marina Del Rey. With a projected gross monthly rent of up to $7,300($3000/$2300/$2000). The projected GRI is 11.4 and 7.4CAP. This turn-key property offers a rare chance to offset your mortgage or maximize your portfolio in one of LA's most exciting neighborhoods. Buyer to do their own due diligence and is advised to independently verify the accuracy of all information including square footage, age, permits, condition, etc. The property is to be sold As Is. Get it before it's gone!.

Additional Information

Interior Features
Eat-in Kitchen, Recessed Lighting
Property Description
Bungalow
Zoning
INR3YY
Appliances
Dishwasher, Gas Cooktop, Disposal, Microwave
Heating
Natural Gas, Wall Furnace
Exterior Construction
Stucco
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Door-Single, Garage, Paved
Garage Spaces
1
View
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.