NOT LISTED FOR SALE

3858 W 106th St Inglewood, CA 90303

South Inglewood Neighborhood

Estimated Value: $569,000 - $851,000

2 Beds
2 Baths
1,100 Sq Ft
$664/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $500,000 $455 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,517/month

56 Days on Market

About This Home

As of August 2021

This property is centrally located, with easy access to major freeways like the 105, 405, and 110. Prime location, located near major attractions, the property is minutes from the SOFI Stadium and The Forum. Great opportunity in an area that is booming in development! This property consists of 1 building (duplex) with each unit consisting of 1 bedroom and 1 bathroom. Current tenants have been in the property for many years and rents are way below market. The property is 100% occupied and will be delivered with tenants in place.

Last Agent to Sell the Property

Paul Fernandez

Nexgen Realtors License #01835505 Listed on: 03/22/2021

Nexgen Realtors

Co-Listed By

LOUIE GOMEZ

TOP PRODUCERS REALTY PARTNERS License #02015392

Last Buyer's Agent

Paul Fernandez

Nexgen Realtors License #01835505 Listed on: 03/22/2021

Nexgen Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,949

Year Built

  • Built in 1953

Lot Details

  • 6,411 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,100 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2464
  • Assessor Parcel Number 4032018001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,949

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4032018001
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 454.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6411.00
  • Lot Size Acres: 0.1472

Multi Family

  • Gross Income: 1800.00
  • Lot Size Area: 6411.0000 Square Feet
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 2464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 15, 2021
Sold by
Thompson Ronald Wayne
Bought by
Raedeke Michael John
Seller's Agent
Paul Fernandez
Nexgen Realtors
Buyer's Agent
Paul Fernandez
Nexgen Realtors
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Current Estimated Value
$722,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,659
Avg. Annual Appreciation
8.85%
Original Mortgage
$350,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Raedeke Michael John $500,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raedeke Michael John $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $500,000 -6.5% $455 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $535,000 -- $486 / 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 $6,949 $530,603 $212,241 $318,362
2024 $6,949 $520,200 $208,080 $312,120
2023 $6,878 $510,000 $204,000 $306,000
2022 $7,009 $500,000 $200,000 $300,000
2021 $993 $38,217 $18,314 $19,903
2020 $967 $38,146 $18,127 $20,019
2019 $954 $37,405 $17,772 $19,633
2018 $878 $36,679 $17,424 $19,255
2016 $828 $34,949 $16,749 $18,200
2015 $818 $34,425 $16,498 $17,927
2014 $829 $33,751 $16,175 $17,576
Source: Public Records

Agents Affiliated with this Home

  • Paul Fernandez

    Seller's Agent in 2021

    Paul Fernandez

    Nexgen Realtors

    (323) 596-1523

    3 in this area

    51 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2021

    LOUIE GOMEZ

    TOP PRODUCERS REALTY PARTNERS

    (909) 590-8853

    3 in this area

    8 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21058941

California Regional Multiple Listing Service (CRMLS)

APN: 4032-018-001

California Los Angeles County Inglewood 90303 South Inglewood

3858 W 106th St, Inglewood, CA

This home is located at 3858 W 106th St, Inglewood, CA 90303 since 22 March 2021 and is currently estimated at $730,554, approximately $664 per square foot. This property was built in 1953. 3858 W 106th 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.

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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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