10529 South Truro Avenue

Inglewood, CA 90304

$1,288,000
Price
7
Beds
5
Baths
2,750 Sq. Ft.
$468 / Sq. Ft.
2,750
Sq. Ft.
$468
per Sq. Ft.

Description

Beautifully maintained, income-generating property offering incredible value and stability! This legal duplex is FULLY OCCUPIED with long-term tenants paying market rents. Generating approximately $95,000 in gross annual income this is the perfect addition to your portfolio or a 1031 exchange opportunity. Situated on a generous 8,200 SF lot, this compound features two remodeled homes, each with its own private yard, PLUS a bonus unit. 10527 Truro is a 3 + 2, apx 1000SF, updated modern finishes, and...Beautifully maintained, income-generating property offering incredible value and stability! This legal duplex is FULLY OCCUPIED with long-term tenants paying market rents. Generating approximately $95,000 in gross annual income this is the perfect addition to your portfolio or a 1031 exchange opportunity. Situated on a generous 8,200 SF lot, this compound features two remodeled homes, each with its own private yard, PLUS a bonus unit. 10527 Truro is a 3 + 2, apx 1000SF, updated modern finishes, and AC. 10529 Truro offers another spacious 3+2 layout with large kitchen + dining, living room, washer/dryer, and a private grassy backyard. Additionally, there's a 3rd bonus unit complete with a remodeled kitchen, bath, laundry, central HVAC and a private patio providing even more income! With off-street parking and extra storage + sheds, this property is not only functional but incredibly convenient for tenants. Located just moments from LAX and the thriving Inglewood scene with its world-class sports venues, entertainment, shopping, and more, Truro is perfectly positioned to maintain great tenancy in a rapidly growing area. Don't miss out on this high-performing investment property!

Listing Agent

  1. Gia Casty

    Gia Casty

    Listing Agent

    Compass

    DRE #01520830

    gia@compass.com

    P: (310)-824-3550

Property Details for 10529 South Truro Avenue

Zoning
LCR2YY
Style
Contemporary
Parcel Number
4036026025
Total Units
3.0
Living Area
2750
Source Living Area
Owner
Area
Lennox (105)
Vacancy Rate
NONE
LISTING UPDATED: 12/11/2024 05:34 PM

Property Details for 10529 South Truro Avenue

StatusActive Under Contract
MLS #24-448437
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
Lot Size0.19 AC / 8,177 SF
CountyLos Angeles County

Building Information for 10529 South Truro Avenue

Stories1Residences-Year Built1944Building Size-Lot Size0.19 AC / 8,177 SF

Property Information for 10529 South Truro Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: detached sfr
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $94,800
  • Net Operating Income: $88,800.00
  • Gross Income: $94,800
  • Gross Rent Multiplier: $13.58
  • Total Annual Expense: 6000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1877
  • Lot Size Square Feet: 8177
  • Lot Size Dimensions: 63x130
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central, Wall Furnace
  • Heating Type: Central, Wall
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Gas Dryer Hookup
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 10-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,700.00
  • Unit Actual Rent: $2,700.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $3,100.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $223,101.00
  • Assessed Improvement Percent: 28.99
  • Assessed Land Value: $546,602.00
  • Assessed Land Percent: 71.01
  • Assessed Total Value: $769,703.00

Property History for 10529 South Truro 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 10529 South Truro Avenue

Taxable ValueLand$557,534Additions$227,563Total$785,097
Tax Record2024$12,271 ($1,023 / month)
Home Facts
Total Finished SqFt2,150 SqFtAbove Grade Finished SqFt2,150 SqFtStories1Lot Size8,199 SqFtStyleDuplexYear Built1944ZoningLCR2YYCountyLOS ANGELESAPN4036-026-025

Schools near 10529 South Truro Avenue

This home is within Lennox School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Lennox Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Hawthorne 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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Gia Casty, DRE #01520830

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.