NOT LISTED FOR SALE

118 W Buckthorn St Inglewood, CA 90301

7 Beds
6 Baths
4,322 Sq Ft
5,259 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $1,385,000 $320 Per Sq Ft

32 Days on Market

About This Home

As of April 2024

Welcome to an exceptional investment opportunity in the thriving city of Inglewood This 6 unit multifamily property is comprised of a 2 bedroom 1 bathroom unit, four 1 bedroom 1 bathroom units, and a studio. The property has been well taken care of is being offered an an attractive price per unit ($230k) The property has 5 covered parking spots and plenty of street parking as well. The property sits blocks away from Sofi Stadium and Hollywood Park. A new investor can benefit from estimated 40% upside in rents, long term growth, and a strong basis . For a detailed offering memorandum , please reach out.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 03/01/2024

Last Buyer's Agent

Austin Chen

Keller Williams Beverly Hills License #01898306

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,259

Interior Spaces

  • 4,322 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces
  • Covered Parking

Additional Features

  • 5,259 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4022-029-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4322
  • Lot Acreage: 0.1207
  • Year Built: 1960
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven, Garbage Disposal
  • Price Per S Q F T: 320.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Covered Parking
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 21.40
  • Assessed Improvement Value: 257537
  • Assessed Land Percent: 78.6
  • Assessed Land Value: 946060
  • Total Assessed Value: 1203597
  • Assessor Parcel Number: 4022-029-024
  • Lot Size Area: 5259

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.66
  • Number Of Units: 6
  • Total Annual Expense: 45270
  • Type Of Units: Standard
  • Vacancy Rate: 0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $1,385,000 0.0% $320 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $1,385,000 +21.0% $320 / Sq Ft
12/31/2019 12/31/19 Sold $1,145,000 -16.7% $265 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $1,375,000 -- $318 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weir

    Seller's Agent in 2024

    Jonathan Weir

    Marcus & Millichap

    (310) 909-5500

    9 in this area

    66 Total Sales

    Jonathan Weir
    Section Image
  • Austin Chen

    Buyer's Agent in 2024

    Austin Chen

    Keller Williams Beverly Hills

    (310) 432-6400

    1 in this area

    21 Total Sales

    Austin Chen
    Section Image
  • Glenn Boyd

    Seller's Agent in 2019

    Glenn Boyd

    Grand B Realty

    (310) 384-6790

    3 Total Sales

    Glenn Boyd
    Section Image
  • Chase Simonton

    Buyer's Agent in 2019

    Chase Simonton

    RE/MAX

    (310) 383-5927

    1 in this area

    92 Total Sales

    Chase Simonton
    Section Image
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Map

Source: The MLS

MLS Number: 24-364787

The MLS
California Los Angeles County Inglewood 90301

118 W Buckthorn St, Inglewood, CA

This home is located at 118 W Buckthorn St, Inglewood, CA 90301 since 01 March 2024. This property was built in 1960. 118 W Buckthorn St is a home located in Los Angeles County with nearby schools including Payne (Beulah) Elementary School, Crozier (George W.) Middle School, and Morningside High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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