NOT LISTED FOR SALE
16 Beds
16 Baths
8,448 Sq Ft
10,451 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $2,500,000 $296 Per Sq Ft

29 Days on Market

Highlights

  • Detached Carport Space
  • Ceiling Fan
  • 1-Story Property

About This Home

As of June 2024

We are pleased to present our newest exclusive listing in the city of Inglewood. This multifamily property is unlike any other property that trades hands. The property boasts extremely rare 1990s construction which should translate into low repairs and maintenance when compared to traditional 1950s/1960s housing that the majority of the city is made up of. The property features a 3 bedroom/2 bathroom townhome, seven 2bedroom/1.5 bathroom units , and a non-conforming studio apartment. Two of the 2 bedroom/1.5 bathroom units can be delivered vacant . From a parking perspective, the property is very well parked with a total of 17parking spots. For an investor looking for a newer vintage building with minimal future repairs and maintenance costs, large units, and in a rapidly growing submarket, look no further.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 05/23/2024

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 05/23/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 10,451 Sq Ft Lot
  • Lot Dimensions are 61x174

Interior Spaces

  • 8,448 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 17 Parking Spaces
  • Detached Carport Space

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 4016-015-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 8448
  • Lot Acreage: 0.2399
  • Lot Dimensions: 61x174
  • Stories: 1
  • Year Built: 1990
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Equipment: Ceiling Fan, Range/Oven, Gas Dryer Hookup
  • Price Per S Q F T: 352.15

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 17
  • Parking Garage: Carport Detached
  • Total Parking: 17

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 48.25
  • Assessed Improvement Value: 815858
  • Assessed Land Percent: 51.75
  • Assessed Land Value: 874915
  • Total Assessed Value: 1690773
  • Assessor Parcel Number: 4016-015-007
  • Lot Size Area: 10451

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.85
  • Number Of Units: 9
  • Total Annual Expense: 77817
  • Type Of Units: Standard
  • Vacancy Rate: 0

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

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $2,500,000 -16.0% $296 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $2,975,000 0.0% $352 / Sq Ft
07/31/2016 07/31/16 Rented $1,450 -9.4% --
07/09/2016 07/09/16 Under Contract -- -- --
06/20/2016 06/20/16 For Rent $1,600 -- --
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: 24-395881

The MLS