Seller's Agent in 2021
Max James-Armand
Electric Estates
(310) 654-4261
3 in this area
51 Total Sales
2816 W 85th St Inglewood, CA 90305
Morningside Park NeighborhoodEstimated Value: $1,137,000 - $1,828,000
6
Beds
4
Baths
3,529
Sq Ft
$411/Sq Ft
Est. Value
About This Home
As of February 2021This fully renovated Triplex in Inglewood's Morningside Park awaits its proud new owner. Featuring a dynamic unit mix of a 3 bed 2 bath downstairs, 2 Bed 1 Bath upstairs, and a 1 Bed 1 Bath above the 3-car garage in back, this property offers massive rental potential. All three units have been upgraded and will be delivered Vacant and move-in ready. Nestled mid-block in Morningside Park and a few blocks away from the excitement of the SoFi Stadium development, this property is a rare offering. Schedule your showing today.
Last Agent to Sell the Property
Electric Estates License #01912736 Listed on: 11/07/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,658
Year Built
- Built in 1947
Lot Details
- 5,757 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- 3,529 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 57
- Tax Tract Number 11156
- Assessor Parcel Number 4010010017
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $79,200
- Net Operating Income $79,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2021
Sold by
Turner Tyron D
Bought by
Tyron D Turner Living Trust
Current Estimated Value
Purchase Details
Closed on
Dec 9, 2020
Sold by
Magnum Property Investments Llc
Bought by
Turner Tyron D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Interest Rate
2.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2018
Sold by
Sterling Norris and The Estate Of Annie M Sterling
Bought by
Magnum Property Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500,000
Interest Rate
4.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 1997
Sold by
Sterling Chester Field and Sterling Chester F
Bought by
Sterling Chester F and Sterling Annie M
Purchase Details
Closed on
Feb 28, 1997
Sold by
Sterling Annie M
Bought by
Sterling Chester F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.9%
Purchase Details
Closed on
Feb 27, 1997
Sold by
Cooley Armanda
Bought by
Sterling Chester F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.9%
Purchase Details
Closed on
Jun 7, 1996
Sold by
Turner Tammy and Pennington Thomasina
Bought by
Cooley Armanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,990
Interest Rate
8.09%
Mortgage Type
FHA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tyron D Turner Living Trust | -- | Collins Law Group | |
| Turner Tyron D | $1,270,000 | Fidelity National Title Co | |
| Magnum Property Investments Llc | $686,100 | None Available | |
| Sterling Chester F | -- | -- | |
| Sterling Chester F | -- | Fidelity National Title Ins | |
| Sterling Chester F | $225,000 | Fidelity National Title Ins | |
| Cooley Armanda | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Turner Tyron D | $1,016,000 | |
| Previous Owner | Magnum Property Investments Llc | $147,500,000 | |
| Previous Owner | Sterling Norris | $270,000 | |
| Previous Owner | Sterling Chester F | $168,750 | |
| Previous Owner | Cooley Armanda | $169,990 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2021 02/12/21 | Sold | $1,270,000 | +1.6% | $360 / Sq Ft |
| 11/07/2020 11/07/20 | For Sale | $1,250,000 | -- | $354 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,658 | $1,374,688 | $1,082,432 | $292,256 |
| 2024 | $17,658 | $1,347,734 | $1,061,208 | $286,526 |
| 2023 | $17,471 | $1,321,308 | $1,040,400 | $280,908 |
| 2022 | $17,810 | $1,295,400 | $1,020,000 | $275,400 |
| 2021 | $12,765 | $906,899 | $721,397 | $185,502 |
| 2020 | $12,190 | $898,260 | $714,000 | $184,260 |
| 2019 | $11,989 | $880,660 | $700,000 | $180,660 |
| 2018 | $6,623 | $452,472 | $350,549 | $101,923 |
| 2016 | $6,207 | $434,270 | $336,938 | $97,332 |
| 2015 | $6,151 | $427,747 | $331,877 | $95,870 |
| 2014 | $6,152 | $419,369 | $325,376 | $93,993 |
Source: Public Records
Agents Affiliated with this Home
-
Max James-Armand
-
Vivian Walton
Buyer's Agent in 2021
Vivian Walton
eXp Realty of Greater Los Angeles
(310) 408-8731
1 in this area
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20235218
APN: 4010-010-017
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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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