NOT LISTED FOR SALE
8 Beds
6 Baths
4,320 Sq Ft
6,000 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $1,250,000 $289 Per Sq Ft

9 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Back and Front Yard

About This Home

As of August 2024

This is a six unit apartment building consisting of four one bedrooms and two 2 bedrooms in the City of Inglewood with upside in rents. Property is close to LAX, SoFi Stadium, future Clippers Arena. Walking distance to nearby shopping, transportation, and schools. Building is under Rent Control. Rents due to be increased in August.

Last Agent to Sell the Property

Beverly Stalworth

The Realestate Group Brokerage Phone: 310-713-2381 License #01310440 Listed on: 03/27/2024

The Realestate Group

Last Buyer's Agent

Gloria Godet

eXp Realty of Greater Los Angeles, Inc. License #01014764

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Back and Front Yard

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 395
  • Tax Tract Number 19033
  • Assessor Parcel Number 4029008014

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $16,579
  • Trash Expense $1,596
  • Water Sewer Expense $4,500
  • Operating Expense $6,096
  • Gross Income $900

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 225000
  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4029008014
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 289.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1596.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377
  • Latitude Manual: 33.93135300

Rental Info

  • Garage Rental Rate: 75.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Garage Income: 900.00
  • Gross Income: 900.00
  • Gross Scheduled Income: 107100.00
  • Insurance Expense: 16579.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Rent Control: Yes
  • Total Expenses: 6096.00

Tax Info

  • Tax Lot: 395
  • Tax Tract Number: 19033

Range of Values:

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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
08/23/2024 08/23/24 Sold $1,250,000 -7.4% $289 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $1,350,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24042940

California Regional Multiple Listing Service (CRMLS)