NOT LISTED FOR SALE

344 W Hillcrest Blvd Inglewood, CA 90301

Estimated Value: $830,000 - $928,521

3 Beds
2 Baths
1,624 Sq Ft
$530/Sq Ft Est. Value

Last Sold January 03, 2013

Last sale price $300,000 $185 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $5,080/month

412 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Corner Lot

About This Home

As of January 2013

DUPLEX. FRONT UNIT, THREE BEDROOMS AND TWO BATHS DRIVEWAY FOR AT LESS THREE CARS PARKING, BACK UNIT IS TWO BEDROOMS TWO BATHS, AND PLENTY DRIVEWAY TO PARK THREE OR MORE CARS, EACH UNIT HAS SEPARATE ENTRY, dont miss this great oportunity ,this property is ideal investment or rental property , located in a very good area , near LAX. schools and shoping centers, fenced all around , and room to park all your toys hurry this property wont last,FRONT UNIT SHOULD BE RENTED $1,400.00 BACK UNIT IS RENTED AT $1,250.00

Last Agent to Sell the Property

Michael Aviles

A First Choice Financial Group License #01308535 Listed on: 10/03/2011

Last Buyer's Agent

Michael Aviles

A First Choice Financial Group License #01308535 Listed on: 10/03/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1922

Lot Details

  • 9,207 Sq Ft Lot
  • Corner Lot

Parking

  • 6 Parking Spaces

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,624 Sq Ft Home
  • Tile Flooring
  • Gas And Electric Dryer Hookup

Kitchen

  • Formica Countertops
  • Disposal

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 23 / 261
  • Tax Tract Number 9652
  • Assessor Parcel Number 4022020023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $30
  • Trash Expense $20
  • Water Sewer Expense $75
  • New Taxes Expense $7,049
  • Gross Income $1,250
  • Net Operating Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,165

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.86
  • View: No
  • Water Sewer Expenses: 75.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4022020023
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 184.73

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 20.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9207.00
  • Lot Size Acres: 0.2110

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 1250.00
  • Gross Multiplier: 23.33
  • Gross Scheduled Income: 15000.00
  • Net Operating Income: 13500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1500.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7049.00
  • Tax Area: 4569
  • Tax Block: 261
  • Tax Lot: 23
  • Tax Tract Number: 9652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2011
Closed on
Dec 20, 2012
Sold by
Abrego Teresa and Abrego Irvin Raul
Bought by
Franco Salvador and Franco Maricela
Seller's Agent
Michael Aviles
A First Choice Financial Group
Buyer's Agent
Michael Aviles
A First Choice Financial Group
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$860,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,130
Avg. Annual Appreciation
8.65%
Original Mortgage
$224,250
Outstanding Balance
$155,191
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$704,939

Purchase Details

Closed on
Nov 30, 2010
Sold by
Abrego Teresa
Bought by
Abrego Teresa and Abrego Irvin Raul

Purchase Details

Closed on
Oct 2, 2009
Sold by
Abrigo Carmen Raul
Bought by
Abrigo Carmen Raul

Purchase Details

Closed on
Jan 16, 2007
Sold by
Abrigo Teresa
Bought by
Abrigo Carmen Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 16, 2006
Sold by
Rivas Samuel Antonio
Bought by
Abrigo Carmen Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Rivas Francisca Eugenia
Bought by
Rivas Samuel Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2002
Sold by
Rivas Lorenzo
Bought by
Rivas Samuel Antonio

Purchase Details

Closed on
Apr 8, 1996
Sold by
Rivas Francisca
Bought by
Rivas Samuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,002
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 1996
Sold by
Rivas Pedro
Bought by
Rivas Samuel A and Rivas Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,002
Interest Rate
7.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Franco Salvador $300,000 Old Republic Title Co
Abrego Teresa -- None Available
Abrigo Carmen Raul -- None Available
Abrigo Carmen Raul -- New Century Title
Abrigo Carmen Raul $612,000 New Century Title
Rivas Samuel Antonio -- Commerce Title
Rivas Samuel Antonio -- --
Rivas Samuel A -- Investors Title Company
Rivas Samuel A $170,000 Investors Title Company
Rivas Lorenzo -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Salvador $224,250
Previous Owner Abrigo Carmen Raul $122,400
Previous Owner Abrigo Carmen Raul $489,600
Previous Owner Rivas Samuel Antonio $54,500
Previous Owner Rivas Samuel Antonio $30,000
Previous Owner Rivas Samuel Antonio $215,000
Previous Owner Rivas Samuel Antonio $206,500
Previous Owner Rivas Samuel A $168,555
Previous Owner Rivas Samuel A $166,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2013 01/03/13 Sold $300,000 -14.3% $185 / Sq Ft
11/18/2012 11/18/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $350,000 -- $216 / 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 $5,165 $369,415 $252,436 $116,979
2024 $5,165 $362,173 $247,487 $114,686
2023 $5,115 $355,073 $242,635 $112,438
2022 $5,209 $348,112 $237,878 $110,234
2021 $5,158 $341,287 $233,214 $108,073
2019 $4,864 $331,166 $226,298 $104,868
2018 $4,752 $324,673 $221,861 $102,812
2016 $4,502 $312,068 $213,247 $98,821
2015 $4,462 $307,381 $210,044 $97,337
2014 $4,465 $301,361 $205,930 $95,431
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Aviles

    A First Choice Financial Group

    (714) 761-1900

    22 Total Sales

    Michael Aviles
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P798563

California Regional Multiple Listing Service (CRMLS)

APN: 4022-020-023

California Los Angeles County Inglewood 90301

344 W Hillcrest Blvd, Inglewood, CA

This home is located at 344 W Hillcrest Blvd, Inglewood, CA 90301 since 03 October 2011 and is currently estimated at $860,130, approximately $529 per square foot. This property was built in 1922. 344 W Hillcrest Blvd is a home located in Los Angeles County with nearby schools including Oak Street Elementary School, Crozier (George W.) Middle School, and Morningside High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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