NOT LISTED FOR SALE

Estimated Value: $637,000 - $963,000

5 Beds
3 Baths
2,015 Sq Ft
$422/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $775,000 $385 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,260/month

45 Days on Market

Highlights

  • New Construction
  • Laundry Room
  • Turnkey
  • Private Yard
  • Zoned Heating and Cooling
  • 1-Story Property

About This Home

As of November 2021

AT NO FAULT TO PROPERTY- FRESH BACK ON THE MARKET -BUYERS LENDER DID NOT PERFORM: **Live Smart...Rent 1 and Live in 1* Opportunity knocks in the heart of Los Angeles under $373.00 per square foot! Move in ready and just a short distance for it all. Front Unit is a functional 2 bedrooms 1 bath (VACANT) featuring a large kitchen with a custom island counter top, an adjacent individual laundry room with its own rear exit door to the rear side yard. Rear Unit is an ADU 100% New Construction 3 bedroom and 2 bath (VACANT)- 1199 qft - Units are detached with individual yards for summer time family gatherings. The kitchens were carefully designed with customized cabinetry and quartz counter tops, remodeled bathroom w/modern cabinetry and modern tile. This area is quiet, green lawns to your left & right. Commuters enjoy all mayor freeways & public transportation within close proximity including several popular new re-development projects including the recently finished So-Fi Stadium Hub! Everywhere you look there are new ventures & growth. Neighboring South Bay Cities: Inglewood, Gardena, Hawthorne, West Athens. This is the one, perfect for an extended family & or a 1031 exchange buyer! This design choice is invaluable to renters, who appreciate having their own separate living quarters & outdoor space including the convenience of on site parking. Book your private tour today. Some photos of front lawn are digitality enhanced to showcase the grass potential.

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 08/30/2021

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,383 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • Turnkey

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Private Water Source

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 4964
  • Assessor Parcel Number 6022018008
  • $234 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $1,100
  • Operating Expense $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Inclusions: Prior to COE: new stove for each unit to be installed. Cost not to exceed 700.00 per unit.
  • Property Attached: No
  • Water Sewer Expenses: 1100.00
  • Zoning: LAR2
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6022018008
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 384.62

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Private
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5383.00
  • Lot Size Acres: 0.1236

Multi Family

  • Insurance Expense: 1000.00
  • Lot Size Area: 5383.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 2400.00

Tax Info

  • Tax Census Tract: 2395.01
  • Tax Lot: 36
  • Tax Tract Number: 4964
  • TaxOtherAnnualAssessmentAmount: 234.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Sep 16, 2020
Sold by
Riley George
Bought by
5 Star Discount Homes Llc
Seller's Agent
Terrill Riley
CALIFORNIA 5 STAR REALTY
Buyer's Agent
Terrill Riley
CALIFORNIA 5 STAR REALTY
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Current Estimated Value
$849,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,555
Avg. Annual Appreciation
15.76%
Original Mortgage
$530,000
Outstanding Balance
$469,271
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$380,284
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
5 Star Discount Homes Llc $390,000 Wfg Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Star Discount Homes Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $775,000 +3.3% $385 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $749,900 +92.3% $372 / Sq Ft
10/02/2020 10/02/20 Sold $390,000 +1.3% $478 / Sq Ft View Prior Sale
01/26/2020 01/26/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $385,000 -- $472 / 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 $10,187 $822,436 $557,134 $265,302
2024 $9,922 $806,310 $546,210 $260,100
2023 $9,730 $790,500 $535,500 $255,000
2022 $9,276 $775,000 $525,000 $250,000
2021 $4,820 $390,000 $312,000 $78,000
2019 $428 $23,459 $11,619 $11,840
2018 $362 $23,000 $11,392 $11,608
2016 $335 $22,108 $10,950 $11,158
2015 $331 $21,777 $10,786 $10,991
2014 $341 $21,351 $10,575 $10,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21192149

California Regional Multiple Listing Service (CRMLS)

APN: 6022-018-008