NOT LISTED FOR SALE

241 E Buckthorn St Inglewood, CA 90301

4 Beds
2 Baths
3,261 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: July 25, 2012

Last sale price $500,000 $153 Per Sq Ft

23 Days on Market

About This Home

As of July 2012

The 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 Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.28 Acres

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 4021033027
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 153.33

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12323.00
  • Lot Size Acres: 0.2830

Multi Family

  • Gross Multiplier: 8.65
  • Gross Scheduled Income: 63600.00
  • Lot Size Area: 12323.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5

Tax Info

  • Tax Area: 4569
  • Tax Lot: 0.
  • Tax Tract Number: 669
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

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
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
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,371 $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
Source: Public Records

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P818262

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.