NOT LISTED FOR SALE

Estimated Value: $652,000 - $912,697

4 Beds
2 Baths
1,802 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $590,000 $327 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,680/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 3-minute walk to Crenshaw Station
  • Floor Furnace
  • Garage

About This Home

As of August 2022

Charming Duplex is located in the highly desirable city of Inglewood. This duplex is perfect for investors looking to purchase a great value-add property near the best in sports and live entertainment Hub in Southern California. Also, features a newer roof, windows, R3 zoning, 6,601 sqft lot, washer & dryer hookups in both units, and long-term tenants. Both units are 2 bedrooms/1 bath with the rear unit having a private patio. Needs some TLC. Conveniently located minutes from SoFi stadium, Hollywood Park, and the Forum. The property is also close to public transportation, the 105 and 405 freeways, and LAX airport. Motivated seller. Please be respectful and do not disturb tenants.

Last Agent to Sell the Property

Jamial Clark

Renaissance Realty Group License #01292443 Listed on: 06/13/2022

Last Buyer's Agent

Jason Terry

Renaissance Realty Group License #02030174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,115

Year Built

  • Built in 1947

Lot Details

  • 6,601

Parking

  • Garage

Home Design

  • 1,802 Sq Ft Home
  • Duplex
  • Traditional Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,601 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4055-029-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,115

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1802
  • Lot Acreage: 0.1515
  • Year Built: 1947
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 366.26

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 40.29
  • Assessed Improvement Value: 84248
  • Assessed Land Percent: 59.71
  • Assessed Land Value: 124877
  • Total Assessed Value: 209125
  • Assessor Parcel Number: 4055-029-021
  • Lot Size Area: 6601

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 21, 2022
Sold by
William Lovett Tony and William Marie Janice
Bought by
Speach Trina S
Seller's Agent
Jamial Clark
Renaissance Realty Group
Buyer's Agent
Jason Terry
Renaissance Realty Group
List Price
$725,000
Sold Price
$590,000
Premium/Discount to List
-$135,000
-18.62%
Current Estimated Value
$754,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,424
Avg. Annual Appreciation
8.74%
Original Mortgage
$442,500
Outstanding Balance
$424,236
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$334,942

Purchase Details

Closed on
Nov 3, 2008
Sold by
Lovett Tony William
Bought by
Lovett Tony William and Youngblood Lovett Janice Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1997
Sold by
Joseph Estelle B
Bought by
Lovett Tony William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,168
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 1995
Sold by
Joseph Estelle B
Bought by
Joseph Hy R and Joseph Estelle B

Purchase Details

Closed on
May 11, 1994
Sold by
Joseph Hy R
Bought by
Joseph Estelle B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Speach Trina S $590,000 Fidelity National Title
Lovett Tony William -- First American Title
Lovett Tony William $139,000 Southland Title Corporation
Joseph Hy R -- --
Joseph Estelle B -- Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speach Trina S $442,500
Previous Owner Lovett Tony William $230,500
Previous Owner Lovett Tony William $245,000
Previous Owner Lovett Tony William $10,000
Previous Owner Lovett Tony William $137,168
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $590,000 -10.6% $327 / Sq Ft
07/07/2022 07/07/22 Price Changed $660,000 -9.0% $366 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $725,000 -- $402 / Sq Ft
Source: The MLS

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 $8,115 $613,836 $416,160 $197,676
2024 $8,115 $601,800 $408,000 $193,800
2023 $8,033 $590,000 $400,000 $190,000
2022 $3,428 $213,306 $127,374 $85,932
2021 $8,199 $209,125 $124,877 $84,248
2019 $8,015 $202,924 $121,174 $81,750
2018 $7,955 $198,947 $118,799 $80,148
2016 $7,786 $191,224 $114,187 $77,037
2015 $2,952 $188,352 $112,472 $75,880
2014 $2,957 $184,663 $110,269 $74,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-167167

The MLS

APN: 4055-029-021