NOT LISTED FOR SALE

112 E Kelso St Inglewood, CA 90301

Estimated Value: $1,371,000 - $1,901,962

8 Beds
4 Baths
4,314 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2017

Last sale price $1,100,000 $255 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,066 / mo

About This Home

As of August 2017

INCREDIBLE INVESTMENT OPPORTUNITY IN ONE OF THE HOTTEST RENTAL MARKET IN SOUTHERN CALIFORNIA!
All units are very spacious and feature high ceilings. Some of the units have undergone a variety of upgrades which include new paint, refurbished hardwood floors, fireplaces. It is located with-in walking distance from many stores and shops. The property is located just west of the city of Inglewood’s downtown revitalization area. The prospects of the area include enhanced transportation, retail, condos and more. The property is located just four blocks from the new metro station in downtown Inglewood. As such, tenant’s will be able to travel to most of LA without a car! Additionally, this asset is located less than one mile from the new Rams/ Chargers stadium and Hollywood Park development

Last Agent to Sell the Property

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 07/12/2017

Keller Williams Realty

Last Buyer's Agent

Joseph Soaris

KW Westside Estates License #01073001

KW Westside Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,510 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 4,314 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 6012
  • Assessor Parcel Number 4021018030

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $28,804
  • Gross Income $68,523
  • Net Operating Income $39,719

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

7,510 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: INC2D*
  • Property Type: Residential Income
  • Parcel Number: 4021018030
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 254.98

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7510.00

Multi Family

  • Gross Income: 68523.00
  • Gross Scheduled Income: 69480.00
  • Net Operating Income: 39719.00
  • 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: 28804.00
  • Rent Control: No
  • Total Expenses: 28804.00

Tax Info

  • Tax Census Tract: 6012.12
  • Tax Lot: 5
  • Tax Tract Number: 6012.1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 1, 2017
Sold by
Bought by
Seller's Agent
Joshua Cohen
Keller Williams Realty
Buyer's Agent
Joseph Soaris
KW Westside Estates
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,588,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,860
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,100,000
Interest Rate
0.0392%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
0.0432%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1995
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Fidelity National Title
$575,000 Fidelity National Title Co
$171,000 Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $937,500
Closed $1,100,000
Closed $980,000
Closed $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $1,100,000 0.0% $255 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $1,100,000 -- $255 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,804 $1,251,607 $876,126 $375,481
2024 $16,617 $1,227,067 $858,948 $368,119
2023 $16,446 $1,203,007 $842,106 $360,901
2022 $16,752 $1,179,420 $825,595 $353,825
2021 $16,597 $1,156,295 $809,407 $346,888
2019 $15,607 $1,122,000 $785,400 $336,600
2018 $15,586 $1,100,000 $770,000 $330,000
2016 $8,780 $595,431 $388,325 $207,106
2015 $8,704 $586,488 $382,492 $203,996
2014 $8,704 $575,000 $375,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17158706

California Regional Multiple Listing Service (CRMLS)

APN: 4021-018-030

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