NOT LISTED FOR SALE

Estimated Value: $915,000 - $1,112,000

6 Beds
4 Baths
2,845 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2024

Last sale price $920,000 $323 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,461 / mo

112 Days on Market

About This Home

As of March 2024

BUYER FAILED TO PERFORM! BACK ON THE MARKET!! This charming 4-unit residential building located at 11542 Simms Ave in Inglewood, CA offers an excellent investment opportunity. Situated in a calm and beautiful residential neighborhood, this property boasts a prime location near major freeways, making it convenient for tenants to commute and access the many attractions Inglewood has to offer. The property comprises two spacious 2-bedroom units and two cozy 1-bedroom units, all of which are in excellent condition, ensuring comfortable living for tenants and reducing the need for immediate renovations. With a lot size of 7,306 square feet, there is ample outdoor space for residents to enjoy. One of the standout features of this property is the clean alley access, making it easy for tenants to access their single-car garages. This convenience adds to the overall appeal of the property and enhances its market value. Investors and potential buyers will be pleased to know that this property is strategically located near prominent entertainment venues, including the famous Sofi Stadium, Youtube Theatre, and the Kia Forum. These attractions not only provide a myriad of entertainment options for residents but also contribute to the property's potential for rental income growth. Whether you're looking for a lucrative investment opportunity or a place to call home in a desirable Inglewood neighborhood, 11542 Simms Ave offers both. Don't miss out on the chance to acquire a property with great income potential and a promising future in this thriving community.

Last Agent to Sell the Property

Alberto Sanchez

Century 21 Allstars Brokerage Phone: 323-326-0133 License #02028262 Listed on: 11/07/2023

Century 21 Allstars

Last Buyer's Agent

Micaela Solis

Coldwell Banker Envision License #02057893

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,308 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Rectangular Lot
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 6 Bedrooms
  • 2,845 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 374
  • Tax Tract Number 12903
  • Assessor Parcel Number 4055030004

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $57,048
  • Net Operating Income $57,048

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

7,308 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: INR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4055030004
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 323.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 7308.00
  • Lot Size Acres: 0.1678

Multi Family

  • Gross Income: 57048.00
  • Gross Scheduled Income: 57048.00
  • Lot Size Area: 7308.0000 Square Feet
  • Net Operating Income: 57048.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 6042.00
  • Tax Lot: 374
  • Tax Tract Number: 12903

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

Closed on
Oct 30, 2025
Sold by
Bought by
Current Estimated Value
$983,818

Purchase Details

Listed on
Nov 7, 2023
Closed on
Mar 4, 2024
Sold by
Bought by
Seller's Agent
Alberto Sanchez
Century 21 Allstars
Buyer's Agent
Micaela Solis
Coldwell Banker Envision
List Price
$999,000
Sold Price
$920,000
Premium/Discount to List
-$79,000
-7.91%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$736,000
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2003
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
$55,500
Interest Rate
0.0561%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2000
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
$250,930
Interest Rate
0.0813%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2000
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
$250,930
Interest Rate
0.0813%
Mortgage Type
FHA
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

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
-- None Listed On Document
$920,000 Wfg National Title
-- None Available
$370,000 Chicago Title Co
$126,500 First American Title Co
$126,500 First American Title Co
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
Open $843,750
Previous Owner $736,000
Previous Owner $507,500
Previous Owner $55,500
Previous Owner $296,000
Previous Owner $250,470
Previous Owner $250,930
Previous Owner $250,930
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
03/27/2024 03/27/24 Sold $920,000 -7.9% $323 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $999,000 0.0% $351 / Sq Ft
02/06/2024 02/06/24 For Sale $999,000 -2.5% $351 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $1,025,000 -- $360 / 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 $13,215 $938,400 $714,000 $224,400
2024 $7,370 $515,732 $295,503 $220,229
2023 $7,295 $505,620 $289,709 $215,911
2022 $7,418 $495,707 $284,029 $211,678
2021 $7,352 $485,988 $278,460 $207,528
2019 $6,929 $471,575 $270,201 $201,374
2018 $6,837 $462,329 $264,903 $197,426
2016 $6,468 $444,377 $254,617 $189,760
2015 $6,407 $437,703 $250,793 $186,910
2014 $6,413 $429,130 $245,881 $183,249
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23206882

California Regional Multiple Listing Service (CRMLS)

APN: 4055-030-004

Your Personal Tour Guide

Ask me questions while you tour the home.