601 West Elm Avenue

Inglewood, CA 90301

$950,000
Price
3
Beds
2
Baths
1,540 Sq. Ft.
$617 / Sq. Ft.
1,540
Sq. Ft.
$617
per Sq. Ft.

Description

Prime Duplex Opportunity in the Heart of Inglewood! This incredible duplex offers a rare investment opportunity in one of Inglewood’s most sought-after locations. The property features two separate units, each with its own address: 601 W Elm Ave is a 2 bedroom 1 bathroom unit & 613 S Oak St is a 1 bedroom 1 bathroom unit. There is a 2-car garage attached to the back unit with 2 additional side-by-side parking spaces in front of the garage under the attached carport. Situated near major entertainment...Prime Duplex Opportunity in the Heart of Inglewood! This incredible duplex offers a rare investment opportunity in one of Inglewood’s most sought-after locations. The property features two separate units, each with its own address: 601 W Elm Ave is a 2 bedroom 1 bathroom unit & 613 S Oak St is a 1 bedroom 1 bathroom unit. There is a 2-car garage attached to the back unit with 2 additional side-by-side parking spaces in front of the garage under the attached carport. Situated near major entertainment and sports venues, including Kia Forum, SoFi Stadium, YouTube Theater, Hollywood Park and Intuit Dome. A few minutes to LAX airport, the beach, restaurants, shopping centers, grocery stores, 405 FWY & 105 FWY and much more.
  1. Listed by ANGELA WHITEWAY • DRE #00818484 • Brokerage DRE #00648439 • Seville Properties • 310-402-3250

Property Details for 601 West Elm Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1540
LISTING UPDATED: 12/11/2024 01:49 AM

Property Details for 601 West Elm Avenue

StatusActive
MLS #SB24237149
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.13 AC / 5,456 SF
CountyLos Angeles County

Building Information for 601 West Elm Avenue

Stories1Residences-Year Built1949Building Size-Lot Size0.13 AC / 5,456 SF

Property Information for 601 West Elm Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $48,216
  • Gross Scheduled Income: $48,216
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $45,805
  • Net Operating Income: $42,805
Expense Details
  • Operating Expense: $5,411
  • Insurance Expense: $2,000
  • Other Expense Description: Estimate
  • Trash Expense: $200
  • Water Sewer Expense: $800
  • Total Expenses: $3,000
Tax / Assessment Info
  • Tax Year: 2024
  • Tax Annual Amount: $10,047
  • Tax Tract Number: 7768
  • Tax Census Tract: 6014.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 21
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Urban
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Fireplace Features: Living Room, Masonry
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Rectangular Lot, Yard
  • Direction Faces: South
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Carport, Garage, Garage - 1 Car, Gated, Private, Pull-through, Side By Side
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Parking Features: Carport, Attached Carport, Covered, Concrete, Garage, Garage Faces Side, Garage - Single Door, Gated, Private, Pull-through, Side by Side, Tandem Covered
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: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,243
  • Unit Type Total Rent: $2,243
  • Unit Type Pro Forma: 2950
  • 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: Yes
  • Unit Type Actual Rent: $1,775
  • Unit Type Total Rent: $1,775
  • Unit Type Pro Forma: 1850
  • 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 Range: 2
  • Number With Refrigerator: 2

Property History for 601 West Elm 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 601 West Elm Avenue

Taxable ValueLand$561,000Additions$204,000Total$765,000
Tax Record2024$10,047 ($837 / month)
Home Facts
Total Finished SqFt1,540 SqFtAbove Grade Finished SqFt1,540 SqFtLot Size5,456 SqFtStyleDuplexYear Built1949ZoningINR2YYCountyLOS ANGELESAPN4022-001-022

Schools near 601 West Elm Avenue

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Oak Street Elementary School
PublicK to 8

Crozier (George W.) Middle School
Public7 to 8

Morningside High School
Public9 to 12

Inglewood Continuation 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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601 West Elm Avenue is a multi-family home for sale in Inglewood, CA 90301. This property was listed for sale on December 1, 2024 by Seville Properties, it's currently listed at $950,000. It has been on the market for a total of 10 days and was last sold on June 16, 2023. This listing's school district is Inglewood Unified School District. Nearby schools include Oak Street Elementary School, Crozier (George W.) Middle School and Morningside High School. 601 West Elm Avenue is a 3-bed, 2-bath, 1,540 sqft multi-family home built in 1949.

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 Seville Properties, ANGELA WHITEWAY, DRE #00818484

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.