NOT LISTED FOR SALE

1224 E La Palma Dr Inglewood, CA 90301

Estimated Value: $1,298,000 - $1,836,000

7 Beds
4 Baths
3,164 Sq Ft
$477/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,400,000 $442 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,494/month

53 Days on Market

Highlights

  • City Lights View
  • Corner Lot
  • No HOA
  • Property is near public transit
  • Private Yard
  • Side by Side Parking

About This Home

As of March 2022

Stop your search, great investment opportunity across the street from SoFi Stadium! Property consist of 4 residential units featuring (2) 1 bedroom 1 bathroom, (1) 2 bedroom 1 bathroom, (1) 3 bedroom 1 bathroom, a communal 4-car garage with (2) remote controlled garage doors and each unit is separately metered, gas & electric. Easily walk to SoFi Stadium and The Forum and just a short drive away from Hollywood Park Casino, shopping centers, restaurants, LAX and more, plus easy access to the 105 FWY & 405 FWY.

Last Agent to Sell the Property

Angela Whiteway

Seville Properties License #00818484 Listed on: 10/08/2021

Last Buyer's Agent

Angela Whiteway

Seville Properties License #00818484 Listed on: 10/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,976

Year Built

  • Built in 1958

Lot Details

  • 5,417 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • No Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,164 Sq Ft Home
  • 2-Story Property
  • Sliding Doors

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 2 / 348
  • Assessor Parcel Number 4021044021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,740
  • Pest Control $540
  • Professional Management Expense $6,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,976

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 6600.00
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: INC2YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1740.00
  • Parcel Number: 4021044021
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: No
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 442.48

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Concrete, Garage Faces Side, Garage - Two Door, Garage Door Opener, No Driveway, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Pest Control Expense: 540.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 5417.00
  • Lot Size Acres: 0.1244
  • Latitude Manual: 33.95513400

Multi Family

  • Gross Scheduled Income: 6025.00
  • Lot Size Area: 5417.0000 Square Feet
  • 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
  • Total Actual Rent: 6025.00

Tax Info

  • Tax Block: 348
  • Tax Census Tract: 6011.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2016
Sold by
Dutra Michael
Bought by
Ducaso Properties Llc
Current Estimated Value
$1,508,789

Purchase Details

Closed on
Jun 16, 2016
Sold by
Dutra Cindy K
Bought by
Dutra Michael

Purchase Details

Closed on
Mar 24, 2016
Sold by
Ducaso Properties Llc
Bought by
Dutra Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2014
Sold by
Dutra Michael
Bought by
Ducaso Properties Llc

Purchase Details

Closed on
Apr 16, 2013
Sold by
Dutra Cindy K
Bought by
Dutra Micahel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2008
Sold by
The Ducaso Group Llc
Bought by
Ducaso Properties Llc

Purchase Details

Closed on
Aug 9, 2004
Sold by
Dutra Michael and Dutra Jaqueline
Bought by
The Ducaso Group Llc

Purchase Details

Closed on
Jul 15, 2004
Sold by
Dutra Michael
Bought by
Dutra Michael and Dutra Jaqueline

Purchase Details

Closed on
Nov 6, 2003
Sold by
Dutra Jacqueline
Bought by
Dutra Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Dutra Michael and Dutra Jacqueline
Bought by
The Ducaso Group Llc

Purchase Details

Closed on
Apr 16, 2003
Sold by
Dutra Michael and Dutra Jacqueline
Bought by
Dutra Michael and Dutra Jacqueline

Purchase Details

Closed on
Mar 6, 1997
Sold by
Hathorne Nathan D and Hathorne Kim
Bought by
Dutra Richard T
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ducaso Properties Llc -- None Available
Dutra Michael -- California Title Co
Dutra Michael -- California Title Co
Ducaso Properties Llc -- None Available
Dutra Micahel -- California Title Company
Dutra Michael -- California Title Company
Ducaso Properties Llc -- None Available
The Ducaso Group Llc -- --
Dutra Michael -- Gateway Title Company
Dutra Michael -- California Title Company
Dutra Michael -- Gateway Title Company
Dutra Michael -- California Title Company
The Ducaso Group Llc -- --
Dutra Michael -- --
Dutra Richard T $261,042 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dutra Michael $390,000
Previous Owner Dutra Michael $260,000
Previous Owner Dutra Michael $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $1,400,000 -6.4% $442 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $1,495,000 +6.8% $473 / Sq Ft
11/09/2021 11/09/21 Off Market $1,400,000 -- --
10/08/2021 10/08/21 For Sale $1,495,000 -- $473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,976 $1,485,690 $1,273,449 $212,241
2024 $18,976 $1,456,560 $1,248,480 $208,080
2023 $18,774 $1,428,000 $1,224,000 $204,000
2022 $9,219 $638,215 $348,117 $290,098
2021 $9,135 $625,702 $341,292 $284,410
2020 $8,737 $619,867 $337,793 $282,074
2019 $8,622 $607,725 $331,170 $276,555
2018 $8,573 $595,821 $324,677 $271,144
2016 $8,110 $572,128 $312,070 $260,058
2015 $8,036 $563,535 $307,383 $256,152
2014 $8,036 $552,497 $301,362 $251,135
Source: Public Records

Agents Affiliated with this Home

  • Angela Whiteway

    Seller's Agent in 2022

    Angela Whiteway

    Seville Properties

    (310) 402-3250

    44 Total Sales

    Angela Whiteway
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN21215398

California Regional Multiple Listing Service (CRMLS)

APN: 4021-044-021

California Los Angeles County Inglewood 90301

1224 E La Palma Dr, Inglewood, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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