NOT LISTED FOR SALE
7 Beds
6 Baths
3,913 Sq Ft
2,905 Sq Ft Lot

Last Sold April 26, 2023

Last sale price $1,150,000 $294 Per Sq Ft

122 Days on Market

About This Home

As of April 2023

Opportunity knocks at a great price for this 5 unit building in a premium location of Inglewood. Two, 2 bedroom units, three, 1 bedroom units all spacious and maintained. The building offers secured entry, boasts a private garage and on-site paid laundry for additional income. A short bike ride to SOFI stadium, LA Stadium and Entertainment District at Hollywood Park, and ONLY 1 MILE to SpaceX. Conveniently located near the 105, 110 405 freeways, LAX, 15 minutes to the ocean. This property has the potential to be a cash cow with over $120,000 GOI! All tenants are month to month and ++Owner pays gas and electric for laundry/common area. Seller will be completing a 1031 exchange at no cost to the buyer. Gross Operating income reflected is assuming the 1 bedroom unit under eviction, is re rented by the buyer at $1895.Broker and agents do not represent or guarantee the accuracy of the square footage, condition, income, expenses, rent projections, bedroom/ bathroom count, ;lot size or lot lines/ dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. Square footage is estimated, there are no warranties or guarantees, buyer to rely solely on his/her own findings. Offer STI required to walk through the property.

Last Agent to Sell the Property

Pila Jessie

KHORR Realty License #01324968 Listed on: 12/05/2022

Last Buyer's Agent

Aaron Gray

KHORR Realty License #01411295

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 2,905

Interior Spaces

  • 3,913 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Garage Space

Additional Features

  • 2,905 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for water, gas, electricity
  • Assessor Parcel Number 4029-030-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3913
  • Lot Acreage: 0.0667
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 293.89

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Community Garage
  • Total Parking: 5

Utilities

  • Electric Expense: 600.00
  • Heating: Wall
  • Water Expense: 3600.00

Fee Information

  • Gas Expense: 420.00
  • Insurance Expense: 3000.00

Lot Info

  • Assessed Improvement Percent: 40.36
  • Assessed Improvement Value: 106775
  • Assessed Land Percent: 59.64
  • Assessed Land Value: 157750
  • Total Assessed Value: 264525
  • Assessor Parcel Number: 4029-030-028
  • Lot Size Area: 2905

Rental Info

  • Owner Pays: Water, Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 5
  • Total Annual Expense: 21995
  • Type Of Units: 5 units
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 14375.00

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
04/26/2023 04/26/23 Sold $1,150,000 0.0% $294 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $1,150,000 0.0% $294 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $1,150,000 -11.5% $294 / Sq Ft
01/03/2023 01/03/23 For Sale $1,299,999 0.0% $332 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $1,299,999 -- $332 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-222915

The MLS