$1,500,000

Estimated payment $9,673/month

Total Views 9,105
6 Beds
5 Baths
3,400 Sq Ft
$441 Price per Sq Ft

Highlights

  • Lawn
  • Tile Flooring
  • Gated Home
  • 5 Car Garage
  • Central Heating and Cooling System

About This Home

Excellent prime investment opportunity in the City of Inglewood with approximately 25% upside. This property has been well maintained and a full exterior paint job was just completed. The property previously had airport soundproofing work done which included central air and heat installation, new windows, new doors, and new insulation for every unit. This is a beautiful property that is low-maintenance. Units are under City of Inglewood rent control. The new owner can increase rents over the allowable amount by utilizing the"below market rate rent increase request" option. Own a wonderful property near everything great about the City of Champions such as SoFi Stadium, Clippers Arena, theForum, healthcare, transportation, and more new venues to come. Do not disturb occupants.

Listing Agent

Melissa Barlow

Elite Representation Real Estate License #01498928 Listed on: 03/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,704 Sq Ft Lot
  • Gated Home
  • Lawn

Parking

  • 5 Car Garage

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Laundry in unit

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 4030-032-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 3400
  • Lot Acreage: 0.1539
  • Probate: No
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Carpet, Laminate, Tile
  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 441.18

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking: 5
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Inglewood Unified

Lot Info

  • Assessed Improvement Percent: 20.72
  • Assessed Improvement Value: 136110
  • Assessed Land Percent: 79.28
  • Assessed Land Value: 520785
  • Total Assessed Value: 656895
  • Assessor Parcel Number: 4030-032-018
  • Lot Description: Lawn
  • Lot Size Area: 6704

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.12
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 44634
  • Type Of Units: Residential
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 2991

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Inglewood Unified

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 For Sale $1,500,000 0.0% $441 / Sq Ft
02/28/2025 02/28/25 Off Market $1,500,000 -- --
08/09/2024 08/09/24 For Sale $1,500,000 +170.3% $441 / Sq Ft
12/27/2012 12/27/12 Sold $555,000 -2.5% $163 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $569,000 -- $167 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 24-425825

The MLS