NOT LISTED FOR SALE

10114 Firmona Ave Inglewood, CA 90304

Estimated Value: $693,000 - $927,881

4 Beds
2 Baths
1,464 Sq Ft
$526/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $489,400 $334 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,823/month

13 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Front Yard

About This Home

As of November 2018

Great investment opportunity located in the highly desirable city of Inglewood (Lennox)! These 2 units are situated on a 5,797 sqft lot and are divided as follows: (2) 2-bed/1-bath units and are all separately metered for gas and electricity. There is (1) one-car garage and there is long drive way with extra space to park! Both units offer in-unit laundry, new HVAC systems, individual private storage spaces, and both units are occupied with long term tenants. The rear unit has been updated. These rental units are located near the new football stadium (coming soon), close proximity to 405 Freeway and 105 Freeway, minutes from LAX, beaches, restaurants, shopping, parks, and highly rated Lennox Mathematics Science and Technology Academy School. Don't miss this opportunity to own in this excellent rental area.

Last Agent to Sell the Property

Tiffany McGuinness

Estate Properties License #01947654 Listed on: 10/04/2018

Last Buyer's Agent

Debbie Marie Kanehira

WaveCrest Real Estate License #01837350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,444

Year Built

  • Built in 1923

Lot Details

  • 5,864 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,464 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 2063
  • Assessor Parcel Number 4036008006

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $800
  • Other Expense $1,500
  • Supplies Expense $500
  • Trash Expense $720
  • Water Sewer Expense $960
  • New Taxes Expense $6,238
  • Operating Expense $12,178
  • Gross Income $27,600
  • Net Operating Income $15,422

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,444

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Supplies Expense: 500.00
  • Water Sewer Expenses: 960.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 4036008006
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 334.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 5864.00
  • Lot Size Acres: 0.1346

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5864.0000 Square Feet
  • Net Operating Income: 15422.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 12178.00
  • Other Expense: 1500.00
  • Other Expense Description: Repairs
  • Rent Control: No
  • Total Expenses: 12178.00

Tax Info

  • New Taxes Expense: 6238.00
  • Tax Census Tract: 6018.01
  • Tax Lot: 7
  • Tax Tract Number: 2063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Jones Mary Ann
Bought by
Jones Wyatt
Current Estimated Value
$769,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$333,340
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$436,380

Purchase Details

Closed on
Dec 18, 2019
Sold by
Jones Wyatt
Bought by
M & W Property Holdings Llc

Purchase Details

Listed on
Oct 4, 2018
Closed on
Oct 31, 2018
Sold by
Jones Mary Ann
Bought by
Jones Wyatt
Seller's Agent
Tiffany McGuinness
Estate Properties
Buyer's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
List Price
$499,000
Sold Price
$489,400
Premium/Discount to List
-$9,600
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$373,800
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 4, 2018
Closed on
Oct 17, 2018
Sold by
Cox Jeffrey Elton and Hirsch Family Trust
Bought by
Jones Wyatt
Seller's Agent
Tiffany McGuinness
Estate Properties
Buyer's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
List Price
$499,000
Sold Price
$489,400
Premium/Discount to List
-$9,600
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,800
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 17, 1997
Sold by
Hirsch Dorothy M Trs Hirsch Family Tr
Bought by
Hirsch Dorothy Mildred and The Hirsch Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Jones Wyatt -- California Members Title
M & W Property Holdings Llc -- None Available
Jones Wyatt -- Fidelity National Title
Jones Wyatt $498,500 Fidelity National Title
Hirsch Dorothy Mildred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Wyatt $370,000
Previous Owner Jones Wyatt $373,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $489,400 0.0% $334 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/10/2018 10/10/18 Off Market $489,400 -- --
10/04/2018 10/04/18 For Sale $499,000 -- $341 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,444 $555,971 $334,654 $221,317
2024 $9,084 $545,071 $328,093 $216,978
2023 $8,740 $534,384 $321,660 $212,724
2022 $8,649 $523,906 $315,353 $208,553
2021 $8,390 $513,634 $309,170 $204,464
2020 $8,194 $508,368 $306,000 $202,368
2019 $7,784 $498,400 $300,000 $198,400
2018 $1,979 $55,925 $24,050 $31,875
2016 $1,864 $53,755 $23,117 $30,638
2015 $1,836 $52,948 $22,770 $30,178
2014 $1,841 $51,911 $22,324 $29,587
Source: Public Records

Agents Affiliated with this Home

  • Tiffany McGuinness

    Seller's Agent in 2018

    Tiffany McGuinness

    RE/MAX

    (310) 525-7653

    112 Total Sales

    Tiffany McGuinness
    Section Image
  • Debbie Marie Kanehira

    Buyer's Agent in 2018

    Debbie Marie Kanehira

    WaveCrest Real Estate

    (949) 229-1607

    77 Total Sales

    Debbie Marie Kanehira
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18242508

California Regional Multiple Listing Service (CRMLS)

APN: 4036-008-006

California Los Angeles County Inglewood 90304

10114 Firmona Ave, Inglewood, CA

Not Listed for Sale

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