NOT LISTED FOR SALE

10515 Ravenswood Ave Inglewood, CA 90304

Lennox Neighborhood

Estimated Value: $841,000 - $1,078,000

5 Beds
3 Baths
1,985 Sq Ft
$468/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $445,000 $224 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,648/month

15 Days on Market

About This Home

As of March 2014

STANDARD SALE ***Your Wait is Over...Renovation is Complete! ***Excellent Opportunity to Purchase an Income Property in a Nice Neighborhood! ***Large Square Footage...county records shows 1985 sq ft on a 5408 sq ft Lot! ***Both of the units have just been REMODELED w/ ***Brand New Paint!! ***Brand New Carpet! Potential estimated total rent of $3050.00 each month for potential ANNUAL est INCOME OF $36,600.00 ...Year After Year of steady income! Both Units are Ready To Go! Close to Shopping, Schools & Parks!! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 02/07/2014

Last Buyer's Agent

Xiomara Garcia

Kasa Homes Realty License #01201548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,288

Year Built

  • Built in 1954

Lot Details

  • 5,408 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,985 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 20258
  • Assessor Parcel Number 4034023007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,288

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 4034023007
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls, No One Above
  • Price Per Square Foot: 224.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 5408.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 36600.00
  • Lot Size Area: 5408.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 20258
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2016
Sold by
Lazo Evelyn M
Bought by
Guardado Cesar O Navarro
Current Estimated Value
$929,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,579
Outstanding Balance
$339,556
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$589,832

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 21, 2014
Sold by
Rancho Horizon Llc
Bought by
Navarro Cesar O
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Xiomara Garcia
Kasa Homes Realty
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$436,939
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2013
Sold by
Morales Juan J
Bought by
Rancho Horizon Llc

Purchase Details

Closed on
Jan 26, 2007
Sold by
Morales Filiberta
Bought by
Morales Juan Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,300
Interest Rate
9.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
Mendez Carlos Armando
Bought by
Morales Juan J

Purchase Details

Closed on
May 25, 2005
Sold by
Munoz Edmundo A
Bought by
Mendez Carlos Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2004
Sold by
Morales Marvin
Bought by
Munoz Edmundo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1996
Sold by
Fajardo Daniel and Fajardo Ofelia
Bought by
Morales Marvin and Munoz Edmundo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,655
Interest Rate
8.1%
Mortgage Type
FHA
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
Guardado Cesar O Navarro -- First American Title Company
Guardado Cesar O Navarro -- First American Title Company
Navarro Cesar O $445,000 Title 365
Rancho Horizon Llc $336,500 Title 365
Morales Juan Jose -- Ticor Title Co Glendale
Morales Juan J -- None Available
Mendez Carlos Armando $440,000 Landsafe Title
Mendez Carlos Armando -- Landsafe Title
Munoz Edmundo A -- --
Morales Marvin $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guardado Cesar O Navarro $428,579
Closed Navarro Cesar O $436,939
Previous Owner Morales Juan Jose $542,300
Previous Owner Mendez Carlos Armando $352,000
Previous Owner Munoz Edmundo A $220,000
Previous Owner Morales Marvin $170,655
Closed Mendez Carlos Armando $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $445,000 0.0% $224 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $445,000 -- $224 / 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 $9,288 $545,495 $281,941 $263,554
2024 $8,870 $534,800 $276,413 $258,387
2023 $8,529 $524,315 $270,994 $253,321
2022 $8,436 $514,035 $265,681 $248,354
2021 $8,176 $503,957 $260,472 $243,485
2020 $7,978 $498,791 $257,802 $240,989
2019 $7,575 $489,012 $252,748 $236,264
2018 $7,382 $479,425 $247,793 $231,632
2016 $6,680 $460,811 $238,172 $222,639
2015 $6,490 $453,890 $234,595 $219,295
2014 $5,578 $365,000 $190,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Young

    Young Estate Services

    Section Image
  • Xiomara Garcia

    Buyer's Agent in 2014

    Xiomara Garcia

    Kasa Homes Realty

    (661) 305-4157

    23 Total Sales

    Xiomara Garcia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14026388

California Regional Multiple Listing Service (CRMLS)

APN: 4034-023-007

California Los Angeles County Inglewood 90304 Lennox

10515 Ravenswood Ave, Inglewood, CA

Not Listed for Sale

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