NOT LISTED FOR SALE

Estimated Value: $1,094,000 - $1,397,000

10 Beds
3 Baths
2,979 Sq Ft
$409/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,100,000 $369 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,862/month

21 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of September 2021

* Separately metered for gas & electricity. * Attractive unit mix of two 3/1s & one 4/1. * Strong in-place Cap rate with room for upside without significant capEX. * Walking distance to SOFI stadium, The Forum and the newly approved Los Angeles Clippers arena. * Highest cash flowing triplex on the market in Inglewood. *Washer Dryer hookups.

Last Agent to Sell the Property

Dan Lewin

Younglewin Advisors, Inc. License #01932742 Listed on: 06/28/2021

Last Buyer's Agent

Dan Lewin

Younglewin Advisors, Inc. License #01932742 Listed on: 06/28/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,189

Year Built

  • Built in 1961

Lot Details

  • 8,001 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 2,979 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 29 / 8
  • Tax Tract Number 2464
  • Assessor Parcel Number 4032011019

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $855
  • Fuel Expense $854
  • Gardener Expense $180
  • Insurance Expense $1,801
  • Maintenance Expense $1,360
  • Other Expense $1,737
  • Pest Control $150
  • Professional Management Expense $3,504
  • Trash Expense $854
  • Water Sewer Expense $854
  • New Taxes Expense $13,524
  • Operating Expense $25,673
  • Net Operating Income $47,892

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,189

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.79
  • Other Phone Description: Sebastian
  • Other Phone Number: 808-728-2123
  • Professional Management Expense: 3504.00
  • Property Attached: No
  • Water Sewer Expenses: 854.00
  • Zoning: INR2YY
  • Property Type: Residential Income
  • Gardener Expense: 180.00
  • Parcel Number: 4032011019
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 369.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Pest Control Expense: 150.00
  • Sewer: Public Sewer
  • Trash Expense: 854.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8001.00
  • Lot Size Acres: 0.1837

Multi Family

  • Electric Expense: 855.00
  • Fuel Expense: 854.00
  • Gross Multiplier: 13.17
  • Gross Scheduled Income: 75840.00
  • Insurance Expense: 1801.00
  • Lot Size Area: 8001.0000 Square Feet
  • Maintenance Expense: 1360.00
  • Net Operating Income: 47892.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 25673.00
  • Other Expense: 1737.00
  • Rent Control: Yes
  • Total Expenses: 25673.00
  • Vacancy Allowance: 2275

Tax Info

  • New Taxes Expense: 13524.00
  • Tax Block: 8
  • Tax Census Tract: 6019.00
  • Tax Lot: 29
  • Tax Tract Number: 2464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 23, 2021
Sold by
Mizuguchi Eilchi
Bought by
Puthanpurayil Padmini and Puthanpurayil Aniyan
Seller's Agent
Dan Lewin
Younglewin Advisors, Inc.
Buyer's Agent
Dan Lewin
Younglewin Advisors, Inc.
List Price
$999,000
Sold Price
$1,100,000
Premium/Discount to List
$101,000
10.11%
Current Estimated Value
$1,204,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,562
Avg. Annual Appreciation
2.61%
Original Mortgage
$880,000
Outstanding Balance
$802,478
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$414,739

Purchase Details

Closed on
Sep 22, 2015
Sold by
Aoyama Zaisan Networks Usa Inc
Bought by
Mizuguchi Eiichi

Purchase Details

Listed on
Mar 2, 2015
Closed on
Apr 29, 2015
Sold by
Atwood Robert K and The Robert K Atwood Trust
Bought by
Aoyama Zalsan Network Usa Inc
Seller's Agent
Daniel Perlstein
DANCO Inc.
Buyer's Agent
John Chelius
List Price
$655,000
Sold Price
$615,000
Premium/Discount to List
-$40,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Sep 18, 2003
Sold by
Atwood Robert K
Bought by
Atwood Robert K and The Robert K Atwood Trust

Purchase Details

Closed on
Apr 25, 2003
Sold by
Atwood Robert Keith
Bought by
Atwood Robert Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.72%
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
Puthanpurayil Padmini $1,100,000 Stewart Title Of Ca Inc
Mizuguchi Eiichi $791,500 Old Republic Title Company
Aoyama Zalsan Network Usa Inc $615,000 Provident Title Co
Atwood Robert K -- --
Atwood Robert Keith -- Atc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puthanpurayil Padmini $880,000
Previous Owner Atwood Robert K $60,000
Previous Owner Atwood Robert K $345,000
Previous Owner Atwood Robert Keith $234,500
Previous Owner Atwood Robert Keith $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,100,000 +10.1% $369 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $999,000 +62.4% $335 / Sq Ft
05/15/2015 05/15/15 Sold $615,000 -6.1% $206 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $655,000 -- $220 / 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 $15,189 $1,167,328 $848,966 $318,362
2024 $15,189 $1,144,440 $832,320 $312,120
2023 $15,029 $1,122,000 $816,000 $306,000
2022 $15,212 $1,100,000 $800,000 $300,000
2021 $12,270 $865,618 $537,525 $328,093
2020 $11,722 $856,743 $532,014 $324,729
2019 $11,530 $839,945 $521,583 $318,362
2018 $11,413 $823,476 $511,356 $312,120
2016 $10,774 $791,500 $491,500 $300,000
2015 $1,434 $66,044 $19,354 $46,690
2014 $1,449 $64,751 $18,975 $45,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21140264

California Regional Multiple Listing Service (CRMLS)

APN: 4032-011-019