24 days on rocket

Sale Pending

712 W Beach Ave, Inglewood, CA, 90302

$1,900,000

Home List Price

$10,000*

Closing Credit

13 Bedrooms
7 Baths
5,891 SqFt
$323/SqFt
House
Schools Nearby

Location

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712 W Beach Ave, Inglewood$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Detached Carport, Driveway, Uncovered
Year Built1960
HeatingWall Furnace
CoolingNone
ViewNone
MLS #24374545
Lot Size0.18 Acres
StatusSale Pending
(Pending)

About 712 W Beach Ave

INVEST IN INGLEWOOD'S RENAISSANCE! We are pleased to present this 6-unit apartment building near the KIA Forum, SoFi Stadium, YouTube Theater, Hollywood Park, and the soon-to-be-completed Intuit Dome. Located in Inglewood's Art District, this property presents an excellent investment opportunity for new and experienced real estate investors and exchange buyers alike. Its convenient location in the heart of Inglewood's growth puts it in high demand, offering the potential for steadily increasing rental income and future appreciation. The building features a mix of one 3+2 unit and five 2+1 units, maximizing rental income. The property is well-maintained, with nearly 50% of the units being partially or fully renovated, and attracts a diverse tenant base and caters to a wide range of tenant preferences. Well-qualified buyers can take advantage of favorable financing terms with an assumable loan (approximate balance of $1.115M, fixed at 4.01% until January 2027), subject to lender fees and approval. Unit #4 is currently vacant, with a conservatively projected rent of $2,100 per month included in the provided rent roll. This represents an immediate opportunity to increase the property's cash flow upon acquisition. Annual parking income is $4,500 for 6+ spaces. Don't miss out on this exceptional investment opportunity in Inglewood's thriving market.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1960
  • Stories: 2
  • Living Area: 5,891 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Austin Chen

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 13

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Detached Carport, Driveway, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: South on Beach Ave. from Centinela Ave. | North of Florence | South of Centinela | East of La Cienega | West of La Brea

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $15,236
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

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Inglewood, CA

City

Med. Sold Price

$706.9K

Med. Price/SqFt

$529

Avg. Days On Market

34

# of Sold Homes

24

712 W Beach Ave vs Inglewood

24 DAYS ON ROCKET

-10 Days

$1,900,000

+$1.1M More

$323/SqFt

-$207 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $207/SqFt less than other homes in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24374545

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Austin Chen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2010Home Sold
$750,000
Dec 15, 2009Home Sold
$710,000
Jun 25, 1996Home Sold
$249,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,236$1,023,499
2020$14,354$1,008,799
2019$14,270$989,020
2018$13,818$969,629
2017$13,818$950,618

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4967203
4
/10

  • Highland Elementary School

  • 430 Venice Way

  • 0.07 miles

  • Public District Grades KG-6

school-card-donut-4967204
9
/10

  • Wilder's Preparatory Academy Charter

  • 830 N La Brea Ave

  • 0.38 miles

  • Public Charter Grades KG-5

school-card-donut-4967205
4
/10

  • Hudnall (Claude) Elementary School

  • 331 W Olive St

  • 0.71 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,741. Typical income of Inglewood, CA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 712 W Beach Ave

What is the listing price of this property?

The listing price of 712 W Beach Ave property is $1,900,000.

What type of property is this?

The property 712 W Beach Ave is a house located in Inglewood, California, 90302.

Is this property for sale now?

Sale Pending: 712 W Beach Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,236 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2010 for $750,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 712 W Beach Ave has 13 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 712 W Beach Ave is 5,891 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 712 W Beach Ave is 1960.

Rocket Homes›California›Los Angeles County›Inglewood›90302›712 W Beach Ave

This home is located at 712 W Beach Ave in Inglewood, CA and zip code 90302 in the South Bay neighborhood. This 5,891 square foot home, which was built in 1960, sits on a 0.18 acre lot. Features: 13 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $1,900,000.

In April 2024, from all listings sold in Inglewood, CA there were more than 9 sold above asking price, over 10 sold below and more than 5 were sold right at the asked price. Between March 2024 and April 2024, Inglewood, CA real estate market has seen increase in the number of listings by 5.3%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $706,999.

From Rocket Homes Real Estate and based on county public records data.

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