NOT LISTED FOR SALE

Estimated Value: $1,336,000 - $1,739,000

6 Beds
4 Baths
3,343 Sq Ft
$461/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $1,250,000 $374 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,561/month

1 Day on Market

Highlights

  • No HOA
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of October 2019

Outstanding investment opportunity in highly sought after northern Inglewood location. This unique triplex features a remodeled four bedroom two bath front unit along with two spacious remodeled two bedroom two bath units in the back. This property would function as an outstanding owner user investment. It also functions as a great investment opportunity as is, collecting healthy current rents with decent room to grow with annual increases. The property is situated in close proximity to the new development occurring in the rapidly growing city of Inglewood. Each unit is individually metered, limiting expenses for a new owner. Each unit also features washer & dryer hook ups and new appliances, demanding higher rents. This opportunity won't last!

Last Agent to Sell the Property

Ryan Rembert

Lyon Stahl Investment Real Estate, Inc. License #01975525 Listed on: 09/17/2019

Co-Listed By

Mason Rowland

Keller Williams Realty License #02035921

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,003 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 3,343 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 3 / 4
  • Assessor Parcel Number 4016026002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,800
  • Maintenance Expense $2,419
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $13,788
  • Operating Expense $20,167
  • Gross Income $80,640
  • Net Operating Income $60,473

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

5,003 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: INC3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4016026002
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 373.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 80640.00
  • Gross Multiplier: 14.68
  • Gross Scheduled Income: 80640.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5003.0000 Square Feet
  • Maintenance Expense: 2419.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 60473.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 20167.00
  • Operating Expense Percent: 26.00
  • Rent Control: Yes
  • Total Actual Rent: 6720.00
  • Total Expenses: 20167.00

Tax Info

  • New Taxes Expense: 13788.00
  • Tax Block: 4
  • Tax Census Tract: 6009.02
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 7, 2019
Sold by
1711 Camino De La Costa Llc
Bought by
Scott Devin and Scott Katherine Fitzgerald
Seller's Agent
Ryan Rembert
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
David Yun
Compass
List Price
$1,199,000
Sold Price
$1,250,000
Premium/Discount to List
$51,000
4.25%
Current Estimated Value
$1,541,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,100
Avg. Annual Appreciation
3.31%
Original Mortgage
$875,000
Outstanding Balance
$772,245
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$768,855

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 7, 2017
Sold by
Hutchinson Yvonne and 2004 Emola Vaughn Trust
Bought by
1711 Camino De La Costa Llc
Seller's Agent
Ricardo Curtis
Jacob, Christopher & Lee Rlty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$750,000
Sold Price
$790,000
Premium/Discount to List
$40,000
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.29%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Vaughn Emola
Bought by
Vaughn Emola and The 2004 Emola Vaughn Trust

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
4.16%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Vaughn Emola K
Bought by
Vaughn Emola and The 2004 Emola Vaughn Trust

Purchase Details

Closed on
Sep 17, 2003
Sold by
Vaughn Emola Knox and The Emola K Vaughn Living Trus
Bought by
Vaughn Emola K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1995
Sold by
Hutchinson Yvonne D
Bought by
Vaughn Emola Knox and The Emola K Vaughn Living Trus

Purchase Details

Closed on
Feb 1, 1995
Sold by
Vaughn Emola
Bought by
Vaughn Emola Knox and The Emola K Vaughn Living Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scott Devin $1,250,000 Wfg National Title Co Of Ca
1711 Camino De La Costa Llc $790,000 Provident Title
Vaughn Emola -- Nations Title Company Of Ca
Vaughn Emola -- Nations Title Company Of Ca
Vaughn Emola -- --
Vaughn Emola K -- Landsafe Title
Vaughn Emola Knox -- --
Vaughn Emola Knox -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Devin $875,000
Previous Owner Vaughn Emola $562,500
Previous Owner Vaughn Emola K $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2019 10/23/19 Sold $1,250,000 +4.3% $374 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $1,199,000 +51.8% $359 / Sq Ft
07/12/2017 07/12/17 Sold $790,000 +5.3% $236 / Sq Ft View Prior Sale
06/05/2017 06/05/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $750,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,456 $1,367,054 $984,280 $382,774
2024 $17,456 $1,340,250 $964,981 $375,269
2023 $17,272 $1,313,971 $946,060 $367,911
2022 $17,611 $1,288,208 $927,510 $360,698
2021 $17,447 $1,262,950 $909,324 $353,626
2019 $11,034 $805,800 $561,000 $244,800
2018 $10,985 $790,000 $550,000 $240,000
2016 $3,731 $248,514 $34,679 $213,835
2015 $3,695 $244,782 $34,159 $210,623
2014 $3,700 $239,988 $33,490 $206,498
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19222427

California Regional Multiple Listing Service (CRMLS)

APN: 4016-026-002

Your Personal Tour Guide

Ask me questions while you tour the home.