NOT LISTED FOR SALE

Estimated Value: $517,390

0.12 Acre
$4,209,845 Price per Acre
5,352 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $450,000

Est. 15% increase in value since last sale

Current estimated payment $3,359/month

188 Days on Market

About This Lot

As of October 2021

Seller says bring all offers! This property includes planning approval for 3 attached units and 6 single car garages with alley access here in the city of Inglewood. Plans are modern designed. This property is within 1 mile from the Sofi Stadium and less than 1 mile from the future L.A. Clippers Stadium. This great opportunity will not last! Various duplexes have sold for over $1.2 million in the last few months. Current owner is busy focusing on larger projects and does not have the time to focus on this project. This is your opportunity to get into the booming city of Inglewood.

Unit Breakdown:

First floor
Unit 1: 1,019 sq ft & 80 sq ft patio (3 bed and 2 baths)

Second floor
Unit 2: 1,072 sq ft & 164 sq ft balcony (3 beds and 2 baths)

Third floor:
Unit 3: 953 sq ft & 80 sq ft private patio (2 beds and 2 baths)

Buyer to verify any and all information.

Last Agent to Sell the Property

Shawn Khakwani

Rafael Renderos, Broker License #02031958 Listed on: 04/05/2021

Last Buyer's Agent

Shawn Khakwani

Rafael Renderos, Broker License #02031958 Listed on: 04/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,749

Lot Details

  • 5,352 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned INR3PY

Additional Features

  • City Lights Views
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 5995
  • Assessor Parcel Number 4036015034

Property Details

Property Type

Land

Est. Annual Taxes

$7,749

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: INR3PY
  • Property Type: Land
  • Parcel Number: 4036015034
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 84.08

Exterior Features

  • View: City Lights

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5352.00
  • Lot Size Acres: 0.1229

Multi Family

  • Lot Size Area: 5352.0000 Square Feet

Tax Info

  • Tax Census Tract: 6018.01
  • Tax Lot: 14
  • Tax Tract Number: 5995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 16, 2020
Sold by
Mediavilla Nelson J and Mediavilla Clemency
Bought by
Vargas International Properties
Seller's Agent
Carlos Torres
Realty ONE Group United
Buyer's Agent
Geovanni Alas
The Westwood Real Estate Group
List Price
$350,000
Sold Price
$415,000
Premium/Discount to List
$65,000
18.57%
Current Estimated Value
$517,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,390
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Nov 1, 2016
Sold by
Mediavilla Nelson
Bought by
Mediavilla Nelson J and Mediavilla Clemency
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vargas International Properties $415,000 Stewart Title Of Ca Inc
Mediavilla Nelson J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2021 10/20/21 Sold $450,000 -40.0% --
10/14/2021 10/14/21 For Sale $749,999 +66.7% --
09/05/2021 09/05/21 Off Market $450,000 -- --
04/05/2021 04/05/21 For Sale $749,999 +80.7% --
10/13/2020 10/13/20 Sold $415,000 +18.6% -- View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $350,000 -- --
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 $7,749 $477,543 $477,543 --
2024 $7,749 $468,180 $468,180 --
2023 $7,301 $459,000 $459,000 $0
2022 $7,281 $450,000 $450,000 $0
2021 $6,817 $415,000 $265,000 $150,000
2019 $3,918 $217,933 $210,024 $7,909
2018 $3,756 $213,660 $205,906 $7,754
2016 $3,448 $205,364 $197,911 $7,453
2015 $3,362 $202,281 $194,939 $7,342
2014 $3,341 $198,320 $191,121 $7,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21070337

California Regional Multiple Listing Service (CRMLS)

APN: 4036-015-034