Seller's Agent in 2025
Kathy Jenkins
Andalusian Creek Property Management
(424) 675-1846
16 Total Sales
412 W Queen St Inglewood, CA 90301
Inglewood Area
3
Beds
2
Baths
5,670
Sq Ft
7,687
Sq Ft Lot
Highlights
- Lawn
- Laundry Facilities
- Level Lot
- Landscaped
About This Home
As of August 2025Exceptional Investment Opportunity in Inglewood’s Booming Market. Own a piece of Inglewood’s exciting transformation with this attractive 7-unit apartment building, ideally located in the heart of the “City of Champions.” Spanning 5,670 square feet on a 7,687 SF lot, this well-maintained property features a desirable unit mix of four 1-bed/1-bath units and three 2-bed/1-bath units, all individually metered for gas and electric—offering strong income potential and operational efficiency. Tenants benefit from ample garage and carport parking, an on-site laundry facility, and unbeatable proximity to world-class destinations including SoFi Stadium, the Kia Forum, YouTube Theater, Intuit Dome, and the Beckman YOLA Center. With easy access to LAX, the I-405 freeway, and the Florence/La Brea Metro Station, this location ensures convenient commuting and lifestyle appeal. The property boasts a solid rental history with significant upside through rent increases, as current rents are below market. Situated in a high-demand area with a growing population, this asset presents a rare chance to generate consistent cash flow and long-term appreciation. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking passive income, this investment checks all the boxes. Don’t miss out on this opportunity to secure a valuable foothold in one of L.A.’s most dynamic neighborhoods.
Last Agent to Sell the Property
Andalusian Creek Property Management Brokerage Email: kathy@kathyjenkins.com License #01048490 Listed on: 06/13/2025
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Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 7,687 Sq Ft Lot
- No Common Walls
- Landscaped
- Level Lot
- Sprinkler System
- Lawn
Parking
- 4 Car Garage
- 3 Carport Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,670 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Legal Lot and Block 28 / 220
- Tax Tract Number 6014
- Assessor Parcel Number 4020002005
- $1,871 per year additional tax assessments
Community Details
Building Details
- 6 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- Electric Expense $1,184
- Fuel Expense $3,500
- Insurance Expense $4,824
- Other Expense $630
- Professional Management Expense $500
- Trash Expense $5,324
- Water Sewer Expense $5,324
- Operating Expense $24,756
- Gross Income $88,116
- Net Operating Income $48,960
Additional Features
- 7 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2025
Closed on
Jul 2, 2025
Sold by
Karen Krstich Trust and Michael Steven Krstich Trust
Bought by
Seller's Agent
Kathy Jenkins
Andalusian Creek Property Management
Buyer's Agent
Kathy Jenkins
Andalusian Creek Property Management
List Price
$1,200,000
Sold Price
$1,280,000
Premium/Discount to List
$80,000
6.67%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 2024
Sold by
Krstich Karen and Krstich Michael Steven
Bought by
Karen Krstich Trust and Michael Steven Krstich Trust
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,280,000 | Old Republic Title | ||
| Karen Krstich Trust | -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $800,000 | ||
| Closed | Ghassemi Marco | $500,535 | |
| Closed | Ghassemi Marco | $768,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $1,280,000 | +6.7% | $226 / Sq Ft |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $1,200,000 | -- | $212 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,575 | $1,280,000 | $750,000 | $530,000 |
| 2025 | $4,575 | $172,540 | $56,846 | $115,694 |
| 2024 | $3,980 | $169,158 | $55,732 | $113,426 |
| 2023 | $3,944 | $165,842 | $54,640 | $111,202 |
| 2022 | $3,968 | $162,591 | $53,569 | $109,022 |
| 2021 | $3,929 | $159,404 | $52,519 | $106,885 |
| 2019 | $3,772 | $154,678 | $50,962 | $103,716 |
| 2018 | $3,648 | $151,646 | $49,963 | $101,683 |
| 2016 | $3,382 | $145,760 | $48,024 | $97,736 |
| 2015 | $3,346 | $143,571 | $47,303 | $96,268 |
| 2014 | $3,374 | $140,760 | $46,377 | $94,383 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Jenkins
-
Katie Weaver
Buyer's Agent in 2025
Katie Weaver
Realty ONE Group Complete
(916) 579-2470
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25133082
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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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