NOT LISTED FOR SALE
7 Beds
5 Baths
4,001 Sq Ft
6,121 Sq Ft Lot

Last Sold October 26, 2021

Last sale price $1,200,000 $300 Per Sq Ft

22 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Front Yard

About This Home

As of October 2021

GREAT INVESTMENT OPPORTUNITY IN INGLEWOOD!! Well maintained 5-unit building located in the highly desirable city of Inglewood, Ca. The property features (3) 1 bed/1 bath units and (2) 2 bed/1 bath units, all with spacious kitchens and living rooms. Long term, month to month tenants. Good Location in Inglewood near LAX, Space-X, LA Forum, New Sofi Stadium, Hollywood Park, & Nearby to local Parks & Recreation, Major Restaurants, & Big Box Retailers. This property will not last!

Last Agent to Sell the Property

Kenneth Palma

Palma Investments License #01886266 Listed on: 08/12/2021

Co-Listed By

Jennifer Flores

Palma Investments License #01977056

Last Buyer's Agent

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. License #02103055

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,121 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre
  • 4029-029-028

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,001 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 418
  • Tax Tract Number 19033
  • Assessor Parcel Number 4029029031
  • $949 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $4,440
  • Insurance Expense $1,600
  • Pest Control $660
  • Trash Expense $936
  • Operating Expense $6,976
  • Net Operating Income $62,624

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 240000
  • Property Attached: Yes
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Parcel Number: 4029029031
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 299.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Pest Control Expense: 660.00
  • Sewer: Public Sewer
  • Trash Expense: 936.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4029-029-028
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 6121.00
  • Lot Size Acres: 0.1405

Multi Family

  • Electric Expense: 4440.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6121.0000 Square Feet
  • Net Operating Income: 62624.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 6976.00
  • Rent Control: Yes
  • Total Expenses: 6976.00

Tax Info

  • Tax Census Tract: 6005.01
  • Tax Lot: 418
  • Tax Tract Number: 19033
  • TaxOtherAnnualAssessmentAmount: 949.00

Range of Values:

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Average Value
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List Price
Sold Price
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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
10/26/2021 10/26/21 Sold $1,200,000 0.0% $300 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,200,000 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21177946

California Regional Multiple Listing Service (CRMLS)