NOT LISTED FOR SALE

340 W Hillcrest Blvd Inglewood, CA 90301

Estimated Value: $1,364,000 - $1,602,715

3 Beds
1 Bath
3,375 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $700,000 $207 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $8,743/month

9 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Central Air

About This Home

As of May 2015

NICE 4 UNITS BUILDING IN A GOOD LOCATION. THE BUILDING HAS BEEN SOUND PROOF BY THE CITY. IT HAS DOUBLE PANE WINDOWS, NEW ELECTRICAL SYSTEM, NEW HEATING SYSTEM AND AC. THERE ARE 3 BEDROOMS, 1 BATHROOM WITH A FIREPLACE AND 3 LARGE 1 BEDROOM, 1 BATHROOM.

Last Agent to Sell the Property

Attai Messou

Home Smart Realty Group License #01235440 Listed on: 04/10/2015

Home Smart Realty Group

Last Buyer's Agent

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,198

Year Built

  • Built in 1955

Lot Details

  • 9,288 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Front Yard Sprinklers

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,375 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 70
  • Tax Tract Number 6012
  • Assessor Parcel Number 4022020022

Community Details

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,200
  • Trash Expense $200
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,908
  • Gross Income $4,340
  • Net Operating Income $41,664

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,198

Year Built

Built in 1955

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 4022020022
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Fireplace Features: Family Room
  • Price Per Square Foot: 207.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 9288.00
  • Lot Size Acres: 0.2130

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 4340.00
  • Gross Scheduled Income: 52080.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9288.0000 Square Feet
  • Net Operating Income: 41664.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10416.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7908.00
  • Tax Lot: 70
  • Tax Tract Number: 6012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Turney Taylor and Turney Marin
Bought by
West Hillcrest Llc
Current Estimated Value
$1,444,429

Purchase Details

Closed on
Oct 5, 2020
Sold by
West Hillcrest Llc
Bought by
Turney Taylor and Turney Marin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2018
Sold by
Turney Taylor and Turney Marin
Bought by
West Hillcrest Llc

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 10, 2015
Sold by
Ross Billy R
Bought by
Turney Taylor and Turney Marin
Seller's Agent
Attai Messou
Home Smart Realty Group
Buyer's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$679,000
Sold Price
$700,000
Premium/Discount to List
$21,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$525,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1996
Sold by
Ross Billy R
Bought by
Ross Billy R and Billy R Ross Family Trust
Source: Public Records

Range of Values:

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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
West Hillcrest Llc -- Accommodation
Turney Taylor -- Accommodation
West Hillcrest Llc -- None Available
Turney Taylor $700,000 Lawyers Title
Ross Billy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turney Taylor $767,900
Previous Owner Turney Taylor $770,000
Previous Owner Turney Taylor $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2015 05/05/15 Sold $700,000 +3.1% $207 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $679,000 -- $201 / 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 $11,198 $841,287 $600,920 $240,367
2024 $11,198 $824,792 $589,138 $235,654
2023 $11,083 $808,621 $577,587 $231,034
2022 $11,286 $792,766 $566,262 $226,504
2021 $11,184 $777,222 $555,159 $222,063
2020 $10,692 $769,254 $549,467 $219,787
2019 $10,518 $754,172 $538,694 $215,478
2018 $10,430 $739,385 $528,132 $211,253
2016 $9,823 $710,675 $507,625 $203,050
2015 $5,298 $357,366 $175,434 $181,932
2014 $5,303 $350,367 $171,998 $178,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15063853

California Regional Multiple Listing Service (CRMLS)

APN: 4022-020-022