103 East Tamarack Avenue

Inglewood, CA 90301

$699,000
Price
3
Beds
2
Baths
1,244 Sq. Ft.
$562 / Sq. Ft.
1,244
Sq. Ft.
$562
per Sq. Ft.

Description

Exceptional Investment Opportunity! Whether you're seeking to expand your real estate portfolio or capitalize on the thriving rental market near SOFI Stadium, this duplex offers an unparalleled opportunity. The combination of location, current income, future income potential, and future development possibilities make it a lucrative investment for savvy investors. This property consists of two distinct homes, ideal for accommodating multiple tenants or generating dual rental income. The first unit...Exceptional Investment Opportunity! Whether you're seeking to expand your real estate portfolio or capitalize on the thriving rental market near SOFI Stadium, this duplex offers an unparalleled opportunity. The combination of location, current income, future income potential, and future development possibilities make it a lucrative investment for savvy investors. This property consists of two distinct homes, ideal for accommodating multiple tenants or generating dual rental income. The first unit features a cozy 1 bedroom and 1 bathroom layout, while the second unit offers a more spacious 2 bedroom and 1 bathroom configuration. Each unit has it’s own outdoor laundry hook up areas. Situated on a large 7,684 square foot lot, this property provides ample space for potential expansion or outdoor amenities. Zoned INCSYY, this may provide other development/business future opportunities in addition to it’s current multifamily income use. The alley access enhances convenience for residents and offers additional parking options. Both units are currently rented, providing immediate income for investors. The stable rental history and proximity to SOFI Stadium, The Forum and future home of Clippers Arena ensure strong demand for tenants seeking a convenient and vibrant lifestyle.

Property Details for 103 East Tamarack Avenue

Architectural Style
Bungalow
View
None
Parking Spaces Total
5
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Re/Max Estate Properties, Lee Knickerbocker, DRE #00957301
Add your commute
LISTING UPDATED: 05/19/2024 08:17 AM

Property Details for 103 East Tamarack Avenue

StatusActive
MLS #SB24065702
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.18 AC / 7,684 SF
CountyLos Angeles County

Location

Listing Courtesy of Re/Max Estate Properties, Lee Knickerbocker, DRE #00957301
Add your commute

Building Information for 103 East Tamarack Avenue

Stories1Residences-Year Built1927Building Size-Lot Size0.18 AC / 7,684 SF

Payment Calculator

$4,243 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 103 East Tamarack Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $45,600
  • Gross Scheduled Income: $45,600
  • Net Operating Income: $40,224
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $5,376
  • Insurance Expense: $3,000
  • Trash Expense: $1,800
  • Water Sewer Expense: $576
  • Total Expenses: $5,376
Tax / Assessment Info
  • Tax Tract Number: 1
  • Tax Census Tract: 6012.12
  • CFD/Mello-Roos Fee: $522
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Equipment: Gas Dryer Hookup, Outside, Washer Hookup
  • Interior Features: Copper Plumbing Full
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Tile, Wood
Exterior Features
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Raised
  • Other Structures: Shed(s)
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Landscaped, Level with Street, Irregular Lot, Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Frontage Type: Country Road
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Gated, Parking Space, Private, Unassigned
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Gated, Parking Space, Private, Unassigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2900
  • 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 Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 2
  • Number With Patio: 1

Property History for 103 East Tamarack 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 103 East Tamarack Avenue

Taxable ValueLand$266,863Additions$109,071Total$375,934
Tax Record2023$5,135 ($428 / month)
Home Facts
Total Finished SqFt1,244 SqFtAbove Grade Finished SqFt1,244 SqFtLot Size7,700 SqFtStyleDuplexYear Built1927ZoningINCSYYCountyLOS ANGELESAPN4021-032-007

Schools near 103 East Tamarack 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
Hudnall (Claude) Elementary School
PublicK to 6

Crozier (George W.) Middle School
Public7 to 8

Morningside 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

103 East Tamarack Avenue is a multi-family home for sale in Inglewood, CA 90301. This property was listed for sale on May 2, 2024 by Re/Max Estate Properties, it's currently listed at $699,000. This listing's school district is Inglewood Unified School District. Nearby schools include Hudnall (Claude) Elementary School, Crozier (George W.) Middle School and Morningside High School. 103 East Tamarack Avenue is a 3-bed, 2-bath, 1,244 sqft multi-family home built in 1927.

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 Re/Max Estate Properties, Lee Knickerbocker, DRE #00957301

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.