NOT LISTED FOR SALE

1231 Myrtle Ave Inglewood, CA 90301

Estimated Value: $917,952 - $1,171,000

7 Beds
4 Baths
2,808 Sq Ft
$368/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $499,000 $178 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,059/month

12 Days on Market

About This Home

As of November 2014

Not your average income property! Rare unit mix that includes a 3/2 and a 4/2. Amazing, extra large units on a clean street in Inglewood. Both units have been newly updated to include new floors, new paint and new finishes. The first floor unit has a beautiful, spacious kitchen with a breakfast bar, new ceramic tile floors, custom cabinetry and new stainless steel appliances. The unit includes new carpet, shutters on the windows, recessed lighting and much more. The second floor unit has also been updated and beautifully maintained. Each unit has its own patio near the entry way and there is an attached 3 car garage. There is an enclosed laundry area in the back and a gated yard in the front. Do not miss this opportunity! Easy to show!

Last Agent to Sell the Property

Erin Paul

TDC/Pacific Properties Inc. License #01311256 Listed on: 11/05/2014

Co-Listed By

Bryan Cathcart

City and Coast Properties License #01314231

Last Buyer's Agent

Yolanda Nunez

Exclusive Realty Inc License #00933076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,696

Year Built

  • Built in 1965

Lot Details

  • 4,000 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,808 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 550
  • Assessor Parcel Number 4024038020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,696

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4024038020
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 177.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0920

Multi Family

  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 80
  • Tax Tract Number: 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Nov 20, 2014
Sold by
Aa Ca Property Portfolio 1 Llc
Bought by
Casillas Miguel and Casillas Natividad
Seller's Agent
Erin Paul
TDC/Pacific Properties Inc.
Buyer's Agent
Yolanda Nunez
Exclusive Realty Inc
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$1,032,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,988
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Aug 18, 2014
Sold by
Leal Juana
Bought by
Aa Ca Property Portfolio 1 Llc

Purchase Details

Closed on
Jun 3, 2002
Sold by
Joseph Paul
Bought by
Leal Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.71%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Richtan Investment Corp
Bought by
Joseph Paul

Purchase Details

Closed on
Dec 5, 1997
Sold by
Castillo Jose Antonio
Bought by
Richtan Invesment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.65%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Richtan Investment Corp
Bought by
Castillo Jose Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.65%

Purchase Details

Closed on
Sep 18, 1997
Sold by
American Svgs Bank Fa
Bought by
Richtan Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.65%

Purchase Details

Closed on
Oct 17, 1996
Sold by
Haberfeld Avi
Bought by
American Svgs Bank Fa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Casillas Miguel $499,000 Fidelity National Title Co
Aa Ca Property Portfolio 1 Llc -- None Available
Leal Juana $275,000 First American Title Co
Joseph Paul -- First Southwestern Title Co
Richtan Invesment Corp -- First Southwestern Title
Castillo Jose Antonio $200,000 --
Richtan Investment Corp $135,000 Investors Title Company
American Svgs Bank Fa $196,381 Stewarttitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leal Juana $275,000
Previous Owner Castillo Jose Antonio $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $499,000 0.0% $178 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $499,000 -- $178 / 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 $7,696 $599,713 $360,551 $239,162
2024 $7,696 $587,955 $353,482 $234,473
2023 $7,621 $576,427 $346,551 $229,876
2022 $7,771 $565,125 $339,756 $225,369
2021 $7,691 $554,045 $333,095 $220,950
2019 $7,221 $537,614 $323,216 $214,398
2018 $7,185 $527,074 $316,879 $210,195
2016 $6,790 $506,609 $304,575 $202,034
2015 $6,735 $499,000 $300,000 $199,000
2014 -- $324,896 $224,476 $100,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14236074

California Regional Multiple Listing Service (CRMLS)

APN: 4024-038-020