NOT LISTED FOR SALE

Estimated Value: $997,000 - $1,226,000

6 Beds
6 Baths
3,210 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $1,115,000 $347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,569/month

68 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Park

About This Home

As of June 2022

BACK ON THE MARKET! BUYER COULDN'T PERFORM AND AVAILABLE AGAIN! This is a huge opportunity in the highly desirable and up-and-coming area of Inglewood/Lennox, California. This is an income producing property with four units; one two story building. This quadruplex has long standing tenants with a consistent and ever increasing flow of rental income. Located very close to freeways, LAX, the metro stations, The Forum, and in the heart of the changing and exciting multi billion dollar redevelopment of Inglewood. LESS THAN TWO AND A HALF MILES AWAY FROM THE NEW SoFi STADIUM HOME TO THE LOS ANGELES RAMS! There is a three bedroom two bath with a garage in the front of the building and three one bedroom one baths in the building. THE PROPERTY WAS JUST COMPLETED PAINTED. ONE UNIT JUST HAD A COMPLETELY RENOVATED KITCHEN AND BATH AND ANOTHER UNIT HAS BRAND NEW FLOORS! THE DRIVEWAY AND PARKING LOT WAS ALSO RECENTLY REDONE!

Last Agent to Sell the Property

Anthony Attalla

Premier Agent Network License #02084070 Listed on: 01/30/2022

Premier Agent Network

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,769

Year Built

  • Built in 1956

Lot Details

  • 6,082 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 3,210 Sq Ft Home
  • Property Attached

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • 6 Bedrooms
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6018
  • Assessor Parcel Number 4036016032

Community Details

Overview

  • 4 Units

Recreation

  • Park
  • Dog Park

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,610
  • Trash Expense $1,116
  • Water Sewer Expense $4,200
  • New Taxes Expense $6,065
  • Operating Expense $14,275
  • Gross Income $66,468
  • Net Operating Income $52,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,769

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: LCC3VV
  • Property Type: Residential Income
  • Parcel Number: 4036016032
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 347.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1116.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Dog Park, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 6082.00
  • Lot Size Acres: 0.1396

Multi Family

  • Gross Income: 66468.00
  • Gross Scheduled Income: 66468.00
  • Insurance Expense: 1610.00
  • Lot Size Area: 6082.0000 Square Feet
  • Net Operating Income: 52193.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14275.00
  • Rent Control: Yes
  • Total Actual Rent: 5539.00
  • Total Expenses: 14275.00

Tax Info

  • New Taxes Expense: 6065.00
  • Tax Census Tract: 6018.02
  • Tax Lot: 1
  • Tax Tract Number: 6018.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2022
Closed on
May 6, 2022
Sold by
Margaret G Attalla Living Trust and Attalla Margaret G
Bought by
Infinity Property Management Solutions Llc
Seller's Agent
Anthony Attalla
Premier Agent Network
List Price
$1,100,000
Sold Price
$1,115,000
Premium/Discount to List
$15,000
1.36%
Current Estimated Value
$1,144,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,983
Avg. Annual Appreciation
0.76%
Original Mortgage
$780,500
Outstanding Balance
$734,379
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$410,604

Purchase Details

Closed on
Mar 16, 2010
Sold by
Attalla Margaret G
Bought by
Attalla Margaret G and The Margaret G Attalla Living

Purchase Details

Closed on
Jan 31, 2009
Sold by
Attalla Margaret G
Bought by
The Margaret G Attalla Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Infinity Property Management Solutions Llc $1,115,000 Fidelity National Title
Attalla Margaret G -- None Available
Attalla Margaret G -- None Available
The Margaret G Attalla Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinity Property Management Solutions Llc $780,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $1,115,000 +0.5% $347 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $1,110,000 +1.0% $346 / Sq Ft
03/31/2022 03/31/22 Price Changed $1,099,000 -0.1% $342 / Sq Ft
01/30/2022 01/30/22 For Sale $1,100,000 -- $343 / 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 $18,769 $1,183,246 $742,845 $440,401
2024 $18,769 $1,160,046 $728,280 $431,766
2023 $18,063 $1,137,300 $714,000 $423,300
2022 $7,188 $295,350 $110,369 $184,981
2021 $6,870 $289,559 $108,205 $181,354
2019 $6,065 $280,973 $104,997 $175,976
2018 $5,883 $275,465 $102,939 $172,526
2016 $5,427 $264,771 $98,943 $165,828
2015 $5,309 $260,795 $97,457 $163,338
2014 $5,297 $255,687 $95,548 $160,139
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22017384

California Regional Multiple Listing Service (CRMLS)

APN: 4036-016-032