NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,056,339

5 Beds
3 Baths
1,968 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $587,500 $299 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,752/month

108 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • No HOA
  • Craftsman Architecture
  • Private Yard
  • 2 Car Direct Access Garage

About This Home

As of April 2016

2 homes on a lot nestled in a residential neighborhood on the north side of Inglewood. The front house built in 1922 with 756 living square feet features 2-bed 1-bath, upgraded electrical panel, Tile floors, Copper plumbing and a newer 10 year old roof. The rear house built in 1956 with 1,212 living square feet features 3-bed 2-bath, copper plumbing, Private parking, 2 car attached garage with direct access and roll up door. Both homes are detached from one another, Long stamped concrete driveway and Newer windows. Each home has its own private yard/space and plenty of room for parking. This is a must see.

Last Agent to Sell the Property

Armando Villalobos

Community Brokers License #01232340 Listed on: 11/16/2015

Community Brokers

Last Buyer's Agent

Joe LaCroix

Keller Williams Beverly Hills License #01248586

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,877 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Shared Driveway
  • RV Access or Parking
  • Unassigned Parking

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Drapes & Rods
  • Window Screens
  • Living Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Water Heater
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 79
  • Tax Tract Number 5357
  • Assessor Parcel Number 4013001035

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $675
  • Maintenance Expense $200
  • Trash Expense $562
  • Water Sewer Expense $1,116
  • New Taxes Expense $8,512
  • Gross Income $2,763
  • Net Operating Income $2,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 1116.00
  • Architectural Style: Contemporary, Craftsman
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 4013001035
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 298.53
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Drapes, Insulated Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage, RV Potential, RV Access/Parking, Garage - Single Door, Shared Driveway, Unassigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside
  • Trash Expense: 562.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Front Yard, Level, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 5877.00
  • Price Per Lot Square Foot: 99.97
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 756
  • Average3 Bed Area: 1212
  • Gross Income: 2763.00
  • Gross Scheduled Income: 2763.00
  • Insurance Expense: 675.00
  • Lot Size Area: 5877.0000 Square Feet
  • Maintenance Expense: 200.00
  • Net Operating Income: 2190.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 573.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8512.00
  • Tax Lot: 79
  • Tax Tract Number: 5357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Mashhadi Shamim Khorsand
Bought by
Khorsand Mashhadi Shamim
Current Estimated Value
$963,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$513,461
Interest Rate
3.7%
Estimated Equity
$449,874

Purchase Details

Listed on
Nov 16, 2015
Closed on
Feb 23, 2016
Sold by
Simon Jennifer
Bought by
Mashhadi Shamim Khorsand
Seller's Agent
Armando Villalobos
Community Brokers
Buyer's Agent
Joe LaCroix
Keller Williams Beverly Hills
List Price
$625,000
Sold Price
$587,500
Premium/Discount to List
-$37,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Mar 17, 2006
Sold by
Menendez Edwin L and Menendez Doris B
Bought by
Mashhadi Shamim Khorsand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,858
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2004
Sold by
Menendez Edwin and Menendez Doris
Bought by
Menendez Edwin L and Menendez Doris B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khorsand Mashhadi Shamim -- Bnt Title Company Of Ca
Mashhadi Shamim Khorsand -- Chicago Title Company
Mashhadi Shamim Khorsand $587,500 Chicago Title Company
Menendez Edwin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khorsand Mashhadi Shamim $585,000
Previous Owner Mashhadi Shamim Khorsand $576,858
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $587,500 -6.0% $299 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $625,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,944 $695,473 $417,285 $278,188
2024 $8,944 $681,837 $409,103 $272,734
2023 $8,850 $668,469 $401,082 $267,387
2022 $9,018 $655,363 $393,218 $262,145
2021 $8,929 $642,513 $385,508 $257,005
2020 $8,526 $635,926 $381,556 $254,370
2019 $8,383 $623,458 $374,075 $249,383
2018 $8,337 $611,235 $366,741 $244,494
2016 $3,843 $265,877 $224,061 $41,816
2015 $3,808 $261,884 $220,696 $41,188
2014 $3,811 $256,755 $216,373 $40,382
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15248157

California Regional Multiple Listing Service (CRMLS)

APN: 4013-001-035