E
Buyer's Agent in 2012
Eddie Meza
Eddie Meza
313 E Arbor Vitae St Inglewood, CA 90301
Estimated Value: $1,250,000 - $1,462,000
4
Beds
2
Baths
3,540
Sq Ft
$384/Sq Ft
Est. Value
About This Home
As of March 2012This 4-unit income property is located in a nice residential neighborhood in W Inglewood and is not subject to rent control. The building is approximately 3,540 sq. ft. and the unit mix consists of four well laid out and individually metered 2bd/1ba units. Every unit has an individual garage and has an additional parking spot. This multi-family building is approximately 2 blocks from the Centinela Hospital and is next door to an active mosque. These two factors have created a very strong rental market. The building is 100% occupied and has very stable tenants who are actively involved in the community. The building has been well maintained and the roof was replaced with 30-year shingles approximately 2 years ago. This property provides a unique value-add opportunity for a savvy investor to raise rents to market, capitalize on historically low interest rates, and generate a great monthly cash-flow. This investment opportunity will not last long!
Last Buyer's Agent
Eddie Meza
Eddie Meza License #00476116
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,668
Year Built
- Built in 1953
Lot Details
- 5,013
Parking
- 8 Parking Spaces
Home Design
- 3,540 Sq Ft Home
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 5,013 Sq Ft Lot
- No Heating
Listing and Financial Details
- Tax Tract Number 1240
- Assessor Parcel Number 4024003001
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $4,250
- Net Operating Income $35,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2013
Sold by
Yanez Alejandrino Rodriguez and Yanez Alejandrino
Bought by
Yanez Alejandrino Rodriguez and The Yanez Family Trust
Current Estimated Value
Purchase Details
Listed on
Jan 11, 2012
Closed on
Feb 21, 2012
Sold by
Yanez Maria
Bought by
Yanez Alejandrino
Buyer's Agent
Eddie Meza
Eddie Meza
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$280,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Yanez Alejandrino Rodriguez | -- | None Available | |
| Yanez Alejandrino | -- | Pacific Coast Title | |
| Yanez Alejandrino | $505,000 | Pacific Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yanez Alejandrino Rodriguez | $243,000 | |
| Closed | Yanez Alejandrino | $280,000 | |
| Previous Owner | Donner Thomas J | $453,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2012 03/03/12 | Sold | $505,000 | -3.8% | $143 / Sq Ft |
| 01/28/2012 01/28/12 | Pending | -- | -- | -- |
| 01/11/2012 01/11/12 | For Sale | $525,000 | -- | $148 / 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 | $8,668 | $634,298 | $213,524 | $420,774 |
| 2024 | $8,668 | $621,862 | $209,338 | $412,524 |
| 2023 | $8,578 | $609,670 | $205,234 | $404,436 |
| 2022 | $8,728 | $597,716 | $201,210 | $396,506 |
| 2021 | $8,645 | $585,997 | $197,265 | $388,732 |
| 2019 | $8,139 | $568,618 | $191,415 | $377,203 |
| 2018 | $8,093 | $557,469 | $187,662 | $369,807 |
| 2016 | $7,650 | $535,824 | $180,376 | $355,448 |
| 2015 | $7,580 | $527,776 | $177,667 | $350,109 |
| 2014 | $7,581 | $517,438 | $174,187 | $343,251 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P809245
APN: 4024-003-001
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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