NOT LISTED FOR SALE

314 E 99th St Inglewood, CA 90301

Estimated Value: $1,024,000 - $1,355,000

4 Beds
4 Baths
2,400 Sq Ft
$507/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $690,000 $288 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,268/month

63 Days on Market

About This Home

As of August 2016

Four units located near the Hollywood Park, Great Western. All the units were remodeled 5 years ago with new kitchen cabinets and granite counter top, ceramic tile floor in living room, kitchen and bathroom; also double pane windows were installed. Double car garage and extra parking with access from alley. Long term tenants

Last Agent to Sell the Property

Francisco Arce

CJM Realty License #00934626 Listed on: 05/23/2016

Last Buyer's Agent

Josh Perelson

Compass License #01469843

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,684

Year Built

  • Built in 1942

Lot Details

  • 8,979 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • 2,400 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Pool

  • Private Pool

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 73
  • Tax Tract Number 550
  • Assessor Parcel Number 4024038005

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Maintenance Expense $2,000
  • Water Sewer Expense $2,530
  • New Taxes Expense $10,500
  • Gross Income $3,930
  • Net Operating Income $31,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,684

Year Built

Built in 1942

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.13
  • Property Attached: Yes
  • Water Sewer Expenses: 2530.00
  • Property Type: Residential Income
  • Parcel Number: 4024038005
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 287.50

Exterior Features

  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 8979.00
  • Price Per Lot Square Foot: 76.85

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 600
  • Gross Income: 3930.00
  • Gross Scheduled Income: 47160.00
  • Insurance Expense: 1100.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 31030.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16130.00
  • Rent Control: No
  • Total Actual Rent: 3930.00

Tax Info

  • New Taxes Expense: 10500.00
  • Tax Lot: 73
  • Tax Tract Number: 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 26, 2016
Sold by
Funes Manuel A
Bought by
Bradley Steven and Bradley Shirit
Seller's Agent
Francisco Arce
CJM Realty
Buyer's Agent
Josh Perelson
Compass
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%
Current Estimated Value
$1,216,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,008
Avg. Annual Appreciation
6.28%
Original Mortgage
$414,000
Outstanding Balance
$329,575
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$886,433

Purchase Details

Closed on
Dec 20, 2013
Sold by
Funes Manuel A
Bought by
Funes Manuel A and Rodriguez Funes Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2011
Sold by
Funes Manuel A and Rodriguez Funes Rosa
Bought by
Funes Manuel A and Rodriguez Funes Rosa

Purchase Details

Closed on
Mar 26, 2010
Sold by
Aurora Loan Services Llc
Bought by
Funes Manuel A and Rodriguez Funes Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Peet Victor and Peet Martina
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 23, 2007
Sold by
Simpson Frederick A and Simpson Patricia L
Bought by
Peet Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,250
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 2004
Sold by
Simpson Frederick A and Simpson Patricia L
Bought by
Simpson Frederick A

Purchase Details

Closed on
May 7, 1999
Sold by
Stephenson Ricky
Bought by
Simpson Frederick A

Purchase Details

Closed on
Aug 18, 1997
Sold by
Simpson Frederick A and Simpson Patricia L
Bought by
Stephenson Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.34%

Purchase Details

Closed on
May 20, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Stephenson Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.62%

Purchase Details

Closed on
Jul 24, 1995
Sold by
Rodriguez Maritza F and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bradley Steven $690,000 First American Title Company
Funes Manuel A -- Accommodation
Funes Manuel A -- None Available
Funes Manuel A -- None Available
Funes Manuel A -- None Available
Funes Manuel A $325,000 Lsi Title Agency
Aurora Loan Services Llc $590,680 Accommodation
Peet Victor $685,000 None Available
Simpson Frederick A -- Fidelity National Title Co
Simpson Frederick A -- --
Stephenson Ricky -- Progressive Title Company
Stephenson Ricky $130,000 Investors Title
Home Svgs Of America Fsb $161,500 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Steven $414,000
Previous Owner Funes Manuel A $225,000
Previous Owner Funes Manuel A $227,500
Previous Owner Peet Victor $34,250
Previous Owner Peet Victor $548,000
Previous Owner Stephenson Ricky $120,000
Previous Owner Stephenson Ricky $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $690,000 -4.2% $288 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/11/2016 07/11/16 Price Changed $720,000 -4.0% $300 / Sq Ft
05/23/2016 05/23/16 For Sale $750,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,684 $800,797 $480,479 $320,318
2024 $10,684 $785,096 $471,058 $314,038
2023 $10,572 $769,703 $461,822 $307,881
2022 $10,766 $754,612 $452,767 $301,845
2021 $10,674 $739,817 $443,890 $295,927
2019 $10,038 $717,875 $430,725 $287,150
2018 $9,970 $703,800 $422,280 $281,520
2016 $5,301 $354,377 $283,504 $70,873
2015 $5,251 $349,055 $279,246 $69,809
2014 $5,260 $342,218 $273,776 $68,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16110888

California Regional Multiple Listing Service (CRMLS)

APN: 4024-038-005