NOT LISTED FOR SALE

238 W Kelso St Inglewood, CA 90301

Estimated Value: $851,000 - $937,000

4 Beds
2 Baths
1,778 Sq Ft
$500/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $425,000 $239 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,446/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of November 2014

THIS IS A SIDE-BY-SIDE DUPLEX IN THE SOUTH SIDE OF LA BREA CLOSE TO THE 405 AND 105 FWYS. PROPERTY IS LOCATED IN A NONE RENT CONTROL AREA MAKING IT AN EXCELLENT OWNER/INVESTOR OPPORTUNITY. PROPERTY IS BEING SOLD AS-IS CONDITION. PLEASE SUBMIT ALL OFFERS WITH PRE-APPROVAL LETTERS FROM DIRECT LENDER, PROOF OF FUNDS AND FICO SCORES. SELLERS HAVE DECIDED TO WAIT UNTIL MONDAY SEPTEMBER 29TH TO REVIEW ALL OFFERS SINCE THERE'S BEEN A LOT OF INTEREST FROM POTENTIAL BUYERS. LISTING AGENT IS RELATED TO SELLERS.

Last Agent to Sell the Property

Joseph Huizar

SEVILLE PROPERTIES License #01940315 Listed on: 09/16/2014

Last Buyer's Agent

Joseph Huizar

SEVILLE PROPERTIES License #01940315 Listed on: 09/16/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,270

Year Built

  • Built in 1923

Lot Details

  • 5,244 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,778 Sq Ft Home
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 20
  • Tax Tract Number 4020
  • Assessor Parcel Number 4020015026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $840
  • Insurance Expense $500
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Gross Income $2,600
  • Net Operating Income $2,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,270

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 4020015026
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 239.03
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5244.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5244.0000 Square Feet
  • Net Operating Income: 2425.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 175.00
  • Rent Control: No
  • Total Actual Rent: 30000.00

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 4020
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2016
Sold by
Landis Huizar Megan
Bought by
Gerger Kyle E
Current Estimated Value
$888,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 16, 2014
Closed on
Nov 21, 2014
Sold by
Shigenobu Yoshio
Bought by
Landis Huizar Megan
Seller's Agent
Joseph Huizar
SEVILLE PROPERTIES
Buyer's Agent
Joseph Huizar
SEVILLE PROPERTIES
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$318,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2014
Closed on
Oct 29, 2014
Sold by
Flores Leticia
Bought by
Shigenobu Yoshio
Seller's Agent
Joseph Huizar
SEVILLE PROPERTIES
Buyer's Agent
Joseph Huizar
SEVILLE PROPERTIES
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2014
Closed on
Sep 25, 2014
Sold by
Yamaguchi Ikuko
Bought by
Shigenobu Yoshio
Seller's Agent
Joseph Huizar
SEVILLE PROPERTIES
Buyer's Agent
Joseph Huizar
SEVILLE PROPERTIES
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2013
Closed on
Dec 10, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Flores Leticia and Landis Huizar Megan
Seller's Agent
Ted Brass
Ted Brass Real Estate Solutions
Buyer's Agent
Jannie Phung
HPT Realty
List Price
$377,000
Sold Price
$325,500
Premium/Discount to List
-$51,500
-13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.00%
Original Mortgage
$260,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Madrigal Miguel Angel
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Mar 28, 2007
Sold by
Colmenero Elisa and Gonzalez Saul
Bought by
Madrigal Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Gonzalez Saul and Colmenero Elisa
Bought by
Gonzalez Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2001
Sold by
Zubia Edmundo and Zubia Gloria
Bought by
Gonzalez Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,446
Interest Rate
7.24%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gerger Kyle E $465,000 Provident Title
Landis Huizar Megan -- None Available
Shigenobu Yoshio $425,000 First American Title Co
Shigenobu Yoshio -- Fatco
Flores Leticia $325,500 First American Title Ins Co
Nationstar Mortgage Llc $509,269 None Available
Madrigal Miguel Angel $625,000 Investors Title Company
Gonzalez Saul -- Old Republic Title Company
Gonzalez Saul $235,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerger Kyle E $430,500
Closed Gerger Kyle E $456,577
Previous Owner Shigenobu Yoshio $318,750
Previous Owner Flores Leticia $260,400
Previous Owner Madrigal Miguel Angel $500,000
Previous Owner Gonzalez Saul $41,882
Previous Owner Gonzalez Saul $433,000
Previous Owner Gonzalez Saul $33,000
Previous Owner Gonzalez Saul $348,000
Previous Owner Gonzalez Saul $53,485
Previous Owner Gonzalez Saul $252,000
Previous Owner Gonzalez Saul $226,595
Previous Owner Gonzalez Saul $226,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $425,000 0.0% $239 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $425,000 +30.6% $239 / Sq Ft
01/24/2014 01/24/14 Sold $325,500 -13.7% $183 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $377,000 -- $212 / 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 $7,270 $550,458 $330,276 $220,182
2024 $7,270 $539,665 $323,800 $215,865
2023 $7,196 $529,084 $317,451 $211,633
2022 $7,337 $518,711 $311,227 $207,484
2021 $7,265 $508,541 $305,125 $203,416
2019 $6,830 $493,460 $296,076 $197,384
2018 $6,773 $483,785 $290,271 $193,514
2016 $6,222 $450,000 $300,000 $150,000
2015 $5,931 $425,000 $300,000 $125,000
2014 $5,533 $386,747 $200,908 $185,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN14200219

California Regional Multiple Listing Service (CRMLS)

APN: 4020-015-026