NOT LISTED FOR SALE

124 E Buckthorn St Inglewood, CA 90301

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

Sale Details

Date 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

10,224 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7723
  • Manager Expense: 3900.00
  • Stories: 2
  • Year Built: 1959
  • 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%
  • Type Of Units: apartments

Tax Info

  • Tax Expense: 12950.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2011
Closed on
Feb 16, 2012
Sold by
Bought by
Seller's Agent
Robert Leveen
Robert Leveen
Buyer's Agent
Non Non Member
List Price
$925,000
Sold Price
$870,000
Premium/Discount to List
-$55,000
-5.95%

Purchase Details

Closed on
Sep 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.0618%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
0.0566%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
0.0718%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 1997
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$870,008 None Available
$800,000 None Available
$1,175,000 Stewart Title
$750,000 Stewart Title
$489,000 Stewart Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $885,000
Closed $652,500
Previous Owner $800,000
Previous Owner $562,500
Previous Owner $94,600
Previous Owner $366,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,991 $1,092,757 $351,689 $741,068
2024 $15,633 $1,071,332 $344,794 $726,538
2023 $15,471 $1,050,327 $338,034 $712,293
2022 $15,723 $1,029,733 $331,406 $698,327
2021 $15,577 $1,009,543 $324,908 $684,635
2019 $14,696 $979,601 $315,272 $664,329
2018 $14,582 $960,394 $309,091 $651,303
2016 $13,738 $923,103 $297,090 $626,013
2015 $13,610 $909,238 $292,628 $616,610
2014 $13,621 $891,428 $286,896 $604,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-563333

The MLS
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