NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,154,000

8 Beds
4 Baths
2,264 Sq Ft
$473/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,000,000 $442 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,741/month

120 Days on Market

About This Home

As of October 2023

3825 108th Street is a perfect investment for an owner-user and/or value-add investor. The subject property is located on an oversized 10,000 sq ft lot in the heart of Inglewood. This opportunity has a very strong walk score because it’s close proximity to everyday errands and high end entertainment venues such as SoFi Stadium and Intuit Dome. These venues hosted events such as Super Bowl LVI (February 2022), the College Football Championship (January 2023) and is scheduled to host the opening/closing ceremony plus events like soccer and archery for the 2028 Olympic Games. Tenants enjoy this location because of the convenience it offers to major highways and public transportation. 3825 W 108th St also boasts a great unit mix of all 2-bedroom/1-bath units where tenants have ample space to park; where a new owner will be able to come in and immediately increase rents by roughly 100%. Inglewood has just started its climb; other developments coming in the area are LA Phil Yola Center, NFL Media Center, Arya Hotel, and numerous residential developments.

Last Agent to Sell the Property

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 05/23/2023

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597

Last Buyer's Agent

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 05/23/2023

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 10,076 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 4th floor

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 625
  • Tax Tract Number 1631
  • Assessor Parcel Number 4032023018
  • $917 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Fuel Expense $900
  • Gardener Expense $1,200
  • Insurance Expense $7,053
  • Maintenance Expense $2,496
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $14,938
  • Operating Expense $29,287

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: INR2YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4032023018
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 4
  • Levels: One
  • Price Per Square Foot: 441.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10076.00
  • Lot Size Acres: 0.2313

Multi Family

  • Electric Expense: 900.00
  • Fuel Expense: 900.00
  • Insurance Expense: 7053.00
  • Lot Size Area: 10076.0000 Square Feet
  • Maintenance Expense: 2496.00
  • Maintenance Percent: 4.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Total Expenses: 29286.70

Tax Info

  • New Taxes Expense: 14938.00
  • Tax Census Tract: 6019.00
  • Tax Lot: 625
  • Tax Tract Number: 1631
  • TaxOtherAnnualAssessmentAmount: 916.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Oct 18, 2023
Sold by
Dang Phuong
Bought by
Huang Grace
Seller's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%
Views
91
Current Estimated Value
$1,070,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,272
Avg. Annual Appreciation
3.29%
Original Mortgage
$500,000
Outstanding Balance
$488,448
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$581,824

Purchase Details

Closed on
Oct 4, 2019
Sold by
Dinh Maikhanh
Bought by
Dang Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,750
Interest Rate
3.4%

Purchase Details

Closed on
Sep 2, 2019
Sold by
Taylor Calvin and Taylor Spencer
Bought by
Dang Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,750
Interest Rate
3.4%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Taylor Calvin
Bought by
The Calvin Taylor & Jannifer Spencer Tay
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
Huang Grace $1,000,000 First American Title
Dang Phuong -- Progressive Title Company
Dang Phuong $913,000 Progressive Title Company
The Calvin Taylor & Jannifer Spencer Tay -- None Available
Taylor Calvin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Grace $500,000
Previous Owner Dang Phuong $684,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $1,000,000 -8.7% $442 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $1,095,000 -8.4% $484 / Sq Ft
05/23/2023 05/23/23 For Sale $1,195,000 -- $528 / 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 $13,334 $1,020,000 $816,000 $204,000
2024 $13,334 $1,000,000 $800,000 $200,000
2023 $12,935 $959,723 $749,488 $210,235
2022 $13,179 $940,906 $734,793 $206,113
2021 $13,067 $922,458 $720,386 $202,072
2019 $3,055 $169,744 $84,981 $84,763
2018 $2,984 $166,428 $83,315 $83,113
2016 $2,820 $159,410 $80,081 $79,329
2015 $2,791 $157,017 $78,879 $78,138
2014 $2,808 $153,942 $77,334 $76,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23089476

California Regional Multiple Listing Service (CRMLS)

APN: 4032-023-018