241 E Buckthorn St Inglewood, CA 90301
About This Home
As of July 2012The Ensbury Group is proud to present this 5-unit apartment building located east of La Brea Ave. on Buckthorn St. in a nice neighborhood in west Inglewood. This investment opportunity is 5-units on one very large 12,358 sq. ft. lot. Four of the units have one bedroom and one bath. There is a also a separate 3 bedroom & 1 bath house located on the property with a very large private backyard. The rents are significantly below market and be raised to increase the monthly cash flow. At market rents this investment property has the potential to generate a 10%+ cash-on-cash return! This property is being offered for sale at $550,000 which is $110,000/unit, $168.66/sq. ft.. This investment property will not last long!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 0.28
Parking
- 8 Parking Spaces
Home Design
- 3,261 Sq Ft Home
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 12,323 Sq Ft Lot
- No Heating
Listing and Financial Details
- Tax Tract Number 669
- Assessor Parcel Number 4021033027
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2012 07/25/12 | Sold | $500,000 | -9.1% | $153 / Sq Ft |
| 04/24/2012 04/24/12 | Pending | -- | -- | -- |
| 04/01/2012 04/01/12 | For Sale | $550,000 | -- | $169 / Sq Ft |
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 | $14,401 | $1,052,489 | $739,587 | $312,902 |
| 2024 | $14,401 | $1,031,853 | $725,086 | $306,767 |
| 2023 | $14,254 | $1,011,621 | $710,869 | $300,752 |
| 2022 | $14,509 | $991,786 | $696,931 | $294,855 |
| 2021 | $14,387 | $972,340 | $683,266 | $289,074 |
| 2020 | $18,379 | $1,326,000 | $918,000 | $408,000 |
| 2019 | $13,533 | $943,500 | $663,000 | $280,500 |
| 2018 | $13,423 | $925,000 | $650,000 | $275,000 |
| 2016 | $7,542 | $494,110 | $327,673 | $166,437 |
| 2015 | $7,473 | $486,689 | $322,752 | $163,937 |
| 2014 | $7,483 | $477,156 | $316,430 | $160,726 |
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P818262
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.