NOT LISTED FOR SALE
7 Beds
6 Baths
4,030 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: February 1, 2023

Last sale price $1,275,000 $316 Per Sq Ft

83 Days on Market

About This Home

As of February 2023

Great Investment Property Opportunity. 6 sizeable units with large lot size, located in the City of Inglewood. Nice building with long term tenants, and wonderful ample parking A mere 1/2 block from Centinela Hospital Medical Center and 1 1/2 blocks from SOFI Stadium & Development. Easy access to freeway's and close to LAX airport. A must see property for the owner/investor who is the middle of a 1031 Exchange. Larger development can be possibly done, due to large lot size. Developer to due own research & confirmation of potential development. Property is available for viewing upon accepted offer. Please Do Not Disturb tenants and please do Not walk up, nor enter exterior areas of the subject property. Property is sold n As-Is condition. Buyer to confirm the square footage of each unit and property.

Last Agent to Sell the Property

Matthew Jaime

REO Modern Realty Corp. License #01192386 Listed on: 10/19/2022

Last Buyer's Agent

Matthew Jaime

REO Modern Realty Corp. License #01192386 Listed on: 10/19/2022

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.26

Interior Spaces

  • 4,030 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • 11,163 Sq Ft Lot
  • Floor Furnace

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4024-016-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4030
  • Lot Acreage: 0.2563
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Equipment: Garbage Disposal, Hood Fan
  • Price Per S Q F T: 341.19

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Driveway, Carport, Uncovered
  • Total Parking: 12

Utilities

  • Heating: Floor

Lot Info

  • Assessed Improvement Percent: 19.16
  • Assessed Improvement Value: 170260
  • Assessed Land Percent: 80.84
  • Assessed Land Value: 718508
  • Total Assessed Value: 888768
  • Assessor Parcel Number: 4024-016-005
  • Lot Size Area: 11163

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 6
  • Type Of Units: 6 units

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
Oct 19, 2022
Closed on
Jan 6, 2023
Sold by
Bought by
Seller's Agent
Matthew Jaime
REO Modern Realty Corp.
Buyer's Agent
Matthew Jaime
REO Modern Realty Corp.
List Price
$1,375,000
Sold Price
$1,275,000
Premium/Discount to List
-$100,000
-7.27%
Views
11

Purchase Details

Closed on
Sep 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.4%
Mortgage Type
Commercial
Source: Public Records

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
$1,275,000 Old Republic Title Company
-- None Listed On Document
-- None Available
$625,000 None Available
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
Previous Owner $720,000
Previous Owner $62,500
Previous Owner $500,000
Previous Owner $185,000
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
02/01/2023 02/01/23 Sold $1,275,000 -7.3% $316 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/22/2022 12/22/22 Price Changed $1,375,000 0.0% $341 / Sq Ft
12/22/2022 12/22/22 For Sale $1,375,000 -1.7% $341 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/25/2022 11/25/22 Price Changed $1,399,000 -6.5% $347 / Sq Ft
11/10/2022 11/10/22 Price Changed $1,497,000 -3.4% $371 / Sq Ft
10/19/2022 10/19/22 For Sale $1,550,000 -- $385 / Sq Ft
Source: The MLS

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
2025 $19,156 $1,326,510 $936,360 $390,150
2024 $17,919 $1,300,500 $918,000 $382,500
2023 $13,126 $906,543 $732,878 $173,665
2022 $13,350 $888,768 $718,508 $170,260
2021 $13,237 $871,342 $704,420 $166,922
2020 $12,684 $862,409 $697,198 $165,211
2019 $12,484 $845,500 $683,528 $161,972
2018 $12,348 $828,923 $670,126 $158,797
2016 $11,661 $796,737 $644,105 $152,632
2015 $10,239 $683,066 $480,880 $202,186
2014 $10,246 $669,687 $471,461 $198,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-210575

The MLS
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