NOT LISTED FOR SALE
2 Beds
1 Bath
4,152 Sq Ft
7,001 Sq Ft Lot

Last Sold February 05, 2015

Last sale price $1,410,000 $340 Per Sq Ft

30 Days on Market

About This Home

As of February 2015

THE 10TH AVENUE COMPLEX CONSISTS OF 2 BUILDINGS: 10202 & 10206. EACH BUILDING HAS 5 UNITS. THE MIX OF THE 10 UNITS IS 8 TWO BEDROOMS , UN BATHROOM AND 2 ONE BEDROOM, ONE BATHROOM.
THERE IS NO RENT CONTROL IN THE CITY OF INGLEWOOD. THERE ARE TWO SEPARATE PARCELS TOTALING 14,400 SF OF LOT SIZE AND A COMBINED BUILDING SIZE OF 8,304 SF. THE BUILDINGS ARE INDIVIDUALLY METERED FAR GAS AND ELECTRIC.
LOCATION, LOCATION, LOCATION: CLOSE TO COSTCO, CENTURY PLAZA SHOPPING CENTER, THE VILLAGE AT CENTURY SHOPPING CENTER, THE FORUM AND THE $2 BILLION HOLLYWOOD PARK DEVELOPMENT.
THE BUILDINGS ARE LOCATED IN A STRONG RENTAL MARKET. NO VACANCY

Last Agent to Sell the Property

Attai Messou

Home Smart Realty Group License #01235440 Listed on: 01/02/2015

Home Smart Realty Group

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,001 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 10 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,152 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 20901
  • Assessor Parcel Number 4030007020

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $300
  • Insurance Expense $2,800
  • Maintenance Expense $6,000
  • Trash Expense $1,200
  • Water Sewer Expense $8,400
  • New Taxes Expense $17,324
  • Gross Income $11,500
  • Net Operating Income $96,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

10

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 8400.00
  • Property Type: Residential Income
  • Parcel Number: 4030007020
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 339.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 7001.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 11500.00
  • Gross Scheduled Income: 138000.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 7001.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 96600.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 10
  • Operating Expense: 41400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 17324.00
  • Tax Lot: 21
  • Tax Tract Number: 20901
  • Tax Year: 2014

Range of Values:

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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
02/05/2015 02/05/15 Sold $1,410,000 -1.3% $340 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $1,429,000 -- $344 / 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: SB15000857

California Regional Multiple Listing Service (CRMLS)