NOT LISTED FOR SALE

124 E Buckthorn St Inglewood, CA 90301

5 Beds
4 Baths
7,723 Sq Ft
10,224 Sq Ft Lot

Last Sold February 15, 2012

Last sale price $870,000 $113 Per Sq Ft

42 Days on Market

About This Home

As of February 2012

We are proud to present this Lender Owned 9 unit non-rent controlled asset in central Inglewood. The unit mix is 5 x 1 bedroom/1 bath, 3 x 2 bedroom/1 bath, and 1 x 2 bedroom/1.75 bath units. Property has ample parking, on-site laundry, and recently completed the FAA sound insulation retrofit that includes central heating and air, solid core doors, dual pane windows, and attic insulation. The property was recently acquired through the foreclosure process and there is very limited historical information, all expense information is estimated. Financing is All Cash or New Debt. The Offering shall be sold on an AS-IS-WHERE-IS-WITH-ALL-FAULTS basis, with no warranties of any kind, expressed or implied. Contact listing agent for more information and an Offering Memorandum

Last Agent to Sell the Property

Robert Leveen

Robert Leveen License #01476685 Listed on: 10/28/2011

Robert Leveen

Last Buyer's Agent

Non Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 10,224

Interior Spaces

  • 7,723 Sq Ft Home
  • 2-Story Property

Parking

  • 17 Parking Spaces
  • Parking Garage Space

Additional Features

  • 10,224 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 4024-001-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7723
  • Manager Expense: 3900.00
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 119.77

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 9
  • Parking Garage: Community Garage
  • Total Parking: 17

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Expense: 7000.00

Condo/Co-op/Association

  • Professional Management: 4925.00

Fee Information

  • Insurance Expense: 3500.00
  • Maintenance Expense: 4925.00
  • Other Expense: 1500.00
  • Trash Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 369342
  • Assessed Land Value: 853128
  • Assessor Parcel Number: 4024-001-002
  • Lot Size Area: 10224

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.99
  • Number Of Units: 9
  • Rent Control: 0%
  • Total Annual Expense: 42200
  • Type Of Units: apartments
  • Vacancy Rate: 5%

Tax Info

  • Tax Expense: 12950.00

Range of Values:

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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 List to Sale Price per Sq Ft
02/15/2012 02/15/12 Sold $870,000 -5.9% $113 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
10/28/2011 10/28/11 For Sale $925,000 -- $120 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-563333

The MLS