V
Seller's Agent in 2018
Victoria Heinrich
Keller Williams Pacific Estate
318 E 99th St Inglewood, CA 90301
Estimated Value: $977,000 - $1,333,000
8
Beds
8
Baths
4,800
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Neighborhood Views
- Laundry Room
- 8 Car Garage
- Two cooling system units
- Central Heating and Cooling System
- Wire Fence
About This Home
As of March 2018***NEW YEAR, NEW PRICE, HUGE $200,0000 PRICE REDUCTION*SELLER IS READY TO MAKE A DEAL* PRIME LOCATION**City of Champions Revitalization - RAM Territory in Inglewood, AMAZING INVESTMENT OR DEVELOPMENT OPPORTUNITY.***TWO HUGE ADJACENT LOTS (APN 4024-038-006 & APN 4024-038-007) LOTS CURRENTLY HAVE (2) 4 UNIT BUILDINGS ( 8 UNITS TOTAL) ** COMBINED lot size is approximately 18,000 square feet, PRIME LOCATION NEAR LAX , THE FORUM, THE NEW RAMS STADIUM AND OR MAJOR DEVELOPMENTS. EACH building comprise of (4) 1 bedroom & 1 bathroom units (8 UNITS TOTAL), ALL units are tenant occupied. Individual gas and electric meters. NO RENT CONTROL RENT, LOTS OF UPSIDE POTENTIAL, EACH UNIT HAS Recently Installed sound proof windows and doors, central Heating and Air, inside laundry, own private garage, along with ample onsite parking. Units being Sold "AS IS" owner will not make any repairs. Submit all offers "Subject to Inspection", with POF and Fico all the tenant are month to month*** PLEASE Do not disturb tenant’s or walk through the property***
Last Agent to Sell the Property
Victoria Heinrich
Keller Williams Pacific Estate License #01344681 Listed on: 10/20/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 17,960 Sq Ft Lot
- Two or More Common Walls
- Wire Fence
- Density is 6-10 Units/Acre
Parking
- 8 Car Garage
- 7 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 4,800 Sq Ft Home
- Insulated Doors
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Two cooling system units
- Central Heating and Cooling System
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 4024038006
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Insurance Expense $1,900
- Trash Expense $200
- Water Sewer Expense $450
- New Taxes Expense $6,000
- Operating Expense $6,450
- Gross Income $97,200
- Net Operating Income $87,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2017
Closed on
Jan 26, 2018
Sold by
Gonzalez Felipe
Bought by
Schwartz Scott
Seller's Agent
Victoria Heinrich
Keller Williams Pacific Estate
Buyer's Agent
Julie Stephens
KW Westside Estates
List Price
$1,900,000
Sold Price
$1,640,000
Premium/Discount to List
-$260,000
-13.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$477,452
Avg. Annual Appreciation
-4.12%
Original Mortgage
$574,000
Outstanding Balance
$482,380
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$680,168
Purchase Details
Closed on
Feb 1, 1996
Sold by
Gonzalez Felipe
Bought by
Gonzalez Felipe
Purchase Details
Closed on
Aug 24, 1993
Sold by
Gonzales Felipe
Bought by
Gonzales Felipe and Hernandez Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.16%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schwartz Scott | $820,000 | First American Title Company | |
| Gonzalez Felipe | -- | -- | |
| Gonzales Felipe | -- | Southern California Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schwartz Scott | $574,000 | |
| Previous Owner | Gonzales Felipe | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2018 03/06/18 | Sold | $1,640,000 | -3.5% | $342 / Sq Ft |
| 01/12/2018 01/12/18 | Pending | -- | -- | -- |
| 01/09/2018 01/09/18 | Price Changed | $1,700,000 | -10.5% | $354 / Sq Ft |
| 10/20/2017 10/20/17 | For Sale | $1,900,000 | -- | $396 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,312 | $933,017 | $682,696 | $250,321 |
| 2024 | $12,312 | $914,723 | $669,310 | $245,413 |
| 2023 | $12,183 | $896,788 | $656,187 | $240,601 |
| 2022 | $12,410 | $879,205 | $643,321 | $235,884 |
| 2021 | $12,304 | $861,966 | $630,707 | $231,259 |
| 2019 | $11,565 | $836,400 | $612,000 | $224,400 |
| 2018 | $4,854 | $311,353 | $291,581 | $19,772 |
| 2016 | $4,592 | $299,264 | $280,259 | $19,005 |
| 2015 | $4,547 | $294,770 | $276,050 | $18,720 |
| 2014 | $4,559 | $288,997 | $270,643 | $18,354 |
Source: Public Records
Agents Affiliated with this Home
-
-
Julie Stephens
J
Buyer's Agent in 2018
Julie Stephens
KW Westside Estates
(424) 249-9947
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17241254
APN: 4024-038-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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