NOT LISTED FOR SALE

3634 W 108th St Inglewood, CA 90303

South Inglewood Neighborhood

Estimated Value: $832,000 - $999,000

5 Beds
2 Baths
2,228 Sq Ft
$416/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $550,000 $247 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,736/month

7 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • Private Yard
  • Property is near a park
  • Wood Flooring
  • No HOA

About This Home

As of April 2017

CLEAN AND SPACIOUS INGLEWOOD DUPLEX ON A LARGE LOT!.....NO RENT CONTROL!...TREMENDOUS INVESTMENT OPPORTUNITY! LARGE 3 BEDROOM UNIT AND A LARGE 2 BEDROOM UNIT ON A BIG LOT. OVER 2,200 SQUARE FEET OF INTERIOR LIVING SPACE AND OVER 6,700 SQUARE FEET OF LOT SIZE PER TAX ASSESSOR RECORDS. BOTH UNITS HAVE THEIR OWN FRONT PORCHES AND A 1 CAR GARAGE AND 1 PARKING SPACE EACH. WINDOWS HAVE BEEN UPGRADED AND 1 UNIT HAS A NEW WATER HEATER. SEPARATE WATER METERS, SEPARATE GAS METERS AND SEPARATE ELECTRIC METERS. EACH UNIT HAS AN OPEN FLOOR PLAN, HARDWOOD FLOORS, SPACIOUS KITCHEN AND INSIDE WASHER AND DRYER HOOK-UPS. PROPERTY HAS A FENCED FRONT AND A BIG REAR YARD. A BLOCK WALL AND CHAIN LINK FENCING ENCLOSE THE PROPERTY FOR MAXIMUM PRIVACY AND SECURITY. PROPERTY IS PERFECT FOR AN OWNER OCCUPANT SEEKING ADDITIONAL INCOME FROM A SECOND RENTAL UNIT OR AN INVESTOR WANTING A POSITIVE CASH FLOW WITH AN EXCELLENT RETURN ON DOWN PAYMENT AND....."NO RENT CONTROL!"....THESE OPEN UNITS WITH LARGE YARDS ARE IDEAL FOR RELAXING AND ENTERTAINING. CLOSE TO CHURCHES, SCHOOLS, FREEWAY, PARKS, AIRPORT AND SHOPPING. THIS IS A "STANDARD SALE" WITHOUT THE HASSLES OF A SHORT SALE, REO, FORECLOSURE PURCHASE OR THE UNCERTAINTY OF AN AUCTION OR PROBATE SALE......PLEASE DON'T MISS THIS EXCELLENT INVESTMENT OPPORTUNITY!....."STANDARD SALE"........PLEASE READ AGENT REMARKS!.......

Last Agent to Sell the Property

Dwight Heard

Heard Real Estate Company, Inc. License #00816094 Listed on: 02/22/2017

Last Buyer's Agent

Dwight Heard

Heard Real Estate Company, Inc. License #00816094 Listed on: 02/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,373

Year Built

  • Built in 1960

Lot Details

  • 6,784 Sq Ft Lot
  • Lot Dimensions are 150.43 x 45
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,228 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Center Hall
  • Ceramic Countertops
  • Neighborhood Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities, exterior maintenance
  • Tax Lot 597
  • Tax Tract Number 1631
  • Assessor Parcel Number 4033004025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $995
  • Other Expense $6,249
  • Trash Expense $600
  • New Taxes Expense $6,249
  • Operating Expense $7,844
  • Gross Income $2,500
  • Net Operating Income $22,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,373

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: INR2YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4033004025
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 246.86
  • Room Type: All Bedrooms Down, Center Hall, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size: 150.43 X 45
  • Lot Size Sq Ft: 6784.00

Rental Info

  • Tenant Pays: All Utilities, Exterior Maintenance

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 995.00
  • Net Operating Income: 22156.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7844.00
  • Other Expense: 6249.00
  • Other Expense Description: TAXES
  • Rent Control: No
  • Total Actual Rent: 2700.00
  • Total Expenses: 7844.00

Tax Info

  • New Taxes Expense: 6249.00
  • Tax Census Tract: 6020.03
  • Tax Lot: 597
  • Tax Tract Number: 1631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Mar 6, 2017
Sold by
Flournoy Clentis P
Bought by
Sharif Faruk and Sharif Farjana
Seller's Agent
Dwight Heard
Heard Real Estate Company, Inc.
Buyer's Agent
Dwight Heard
Heard Real Estate Company, Inc.
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Current Estimated Value
$926,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,466
Avg. Annual Appreciation
6.67%
Original Mortgage
$412,500
Interest Rate
4.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sharif Faruk $550,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharif Faruk $504,000
Closed Sharif Faruk $415,000
Previous Owner Sharif Faruk $412,500
Previous Owner Flournoy Clentis P $160,000
Previous Owner Flournoy Clentis P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $550,000 +10.0% $247 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $499,900 -- $224 / 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 $8,373 $638,318 $446,823 $191,495
2024 $8,373 $625,803 $438,062 $187,741
2023 $8,287 $613,533 $429,473 $184,060
2022 $8,444 $601,503 $421,052 $180,451
2021 $8,360 $589,710 $412,797 $176,913
2019 $7,855 $572,220 $400,554 $171,666
2018 $7,802 $561,000 $392,700 $168,300
2016 $1,256 $62,906 $21,924 $40,982
2015 $1,243 $61,962 $21,595 $40,367
2014 $1,253 $60,749 $21,172 $39,577
Source: Public Records

Agents Affiliated with this Home

  • Dwight Heard

    Seller's Agent in 2017

    Dwight Heard

    Heard Real Estate Company, Inc.

    (562) 760-3130

    30 Total Sales

    Dwight Heard
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17036027

California Regional Multiple Listing Service (CRMLS)

APN: 4033-004-025

California Los Angeles County Inglewood 90303 South Inglewood

3634 W 108th St, Inglewood, CA

This home is located at 3634 W 108th St, Inglewood, CA 90303 since 22 February 2017 and is currently estimated at $926,466, approximately $415 per square foot. This property was built in 1960. 3634 W 108th St is a home located in Los Angeles County with nearby schools including Worthington Elementary School, Monroe (Albert F.) 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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