NOT LISTED FOR SALE
10 Beds
6 Baths
5,497 Sq Ft
6,761 Sq Ft Lot

Last Sold January 13, 2020

Last sale price $1,320,000 $240 Per Sq Ft

157 Days on Market

Highlights

  • 6 Attached Carport Spaces
  • Central Air
  • 4 Car Garage

About This Home

As of January 2020

Spacious Morningside Park 6 unit building with some upgrades. This charming 6 unit apartment building consisting of Four 2 bedrooms 1 baths and two one bedrooms 1 bath. Each unit has it's own private one car garage with driveway parking in front. All 2 bedroom units have private laundry rooms and dining room. The building has recently had the city of Inglewood sound insulation program completed, new windows, updated electrical system, with the roof approved as well. Six A/C compressor installed on the roof. Great visibility on a corner lot less than a mile from the new Crenshaw Light Rail Line Station! City of Champions / the Los Angeles Stadium and Entertainment District at Hollywood Park is well on it's way and, along with the Forum makes this property very desirable. Rents are low and some cosmetic repairs needed, however this spacious building has great upside for the patience investor. MAJOR PRICE REDUCTION of $300,000

Last Agent to Sell the Property

Ted Brass

Ted Brass Real Estate Solutions License #00615106 Listed on: 05/22/2019

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,761 Sq Ft Lot

Interior Spaces

  • 5,497 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Car Garage
  • 6 Attached Carport Spaces

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4011-027-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5497
  • Probate: No
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Equipment: Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 271.06

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Carport Attached, Covered Parking, Garage - 4+ Car, Private Garage
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Wall Gas
  • Water Expense: 2825.00

Fee Information

  • Insurance Expense: 4200.00
  • Trash Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 398686
  • Assessed Land Value: 105966
  • Assessor Parcel Number: 4011-027-007
  • Geocode Override: No
  • Lot Size Area: 6761

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.00
  • Gross Scheduled Income: 72600.00
  • Gross Spendable Income: 72600.00
  • Number Of Units: 6
  • Type Of Units: Res Income

Tax Info

  • Tax Expense: 8251.00

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $1,320,000 -11.4% $240 / Sq Ft
07/06/2019 07/06/19 Price Changed $1,490,000 -16.8% $271 / Sq Ft
05/22/2019 05/22/19 For Sale $1,790,000 -- $326 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-470302

The MLS