241 E Buckthorn St Inglewood, CA 90301
Inglewood AreaAbout 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
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title Company | ||
| The Ll Smith Living Trust | -- | None Available | |
| Smith L L | $475,004 | Progressive Title Company |
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $560,000 | ||
| Previous Owner | Matsubara Hiroshi | $137,000 | |
| Previous Owner | Matsubara Hiroshi | $110,000 |
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 |
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 |
|---|---|---|---|---|
| 2026 | $15,371 | $1,073,538 | $754,378 | $319,160 |
| 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 |
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P818262
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Ask me questions while you tour the home.