8412 Byrd Avenue South
$1,400,000
5
5
3,062
3,062
$457
Listed By Compass
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...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!
Listing Agent
Property Details for 8412 Byrd Avenue South
Zoning
INR2YY
StyleSpanish
Parcel Number4010031018
Total Units2.0
Living Area3062
Source Living AreaVendor Enhanced
AreaNorth Inglewood (101)
Vacancy Ratenone
LISTING UPDATED: 10/28/2024 01:51 PM
Property Details for 8412 Byrd Avenue South
Status | Active |
---|---|
MLS # | 24-447961 |
Days on Market | 45 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1936 |
Lot Size | 0.13 AC / 5,498 SF |
County | Los Angeles County |
Building Information for 8412 Byrd Avenue South
Stories-Residences-Year Built1936Building Size-Lot Size0.13 AC / 5,498 SF
Property Information for 8412 Byrd Avenue South
Property History for 8412 Byrd Avenue South
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8412 Byrd Avenue South
Taxable ValueLand$661,132Additions$477,543Total$1,138,675
Tax Record2024$14,796 ($1,233 / month)
Home Facts
Total Finished SqFt3,062 SqFtAbove Grade Finished SqFt3,062 SqFtLot Size5,498 SqFtStyleDuplexYear Built1936ZoningINR2YYCountyLOS ANGELESAPN4010-031-018
Schools near 8412 Byrd Avenue South
This home is within Inglewood Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lane (Warren) Elementary School PublicK to 6 | ||
Clyde Woodworth Elementary School PublicK to 8 | ||
Inglewood High School Public9 to 12 | ||
Animo Inglewood Charter High School Charter9 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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