$3,800,000
SOLD DEC 31, 2025

511 E 99th St Inglewood, CA 90301

18 Beds
16 Baths
17,376 Sq Ft
0.41 Acres

Recently Sold

$219 Per Sq Ft

28% Below List Price

26 Days on Market

Highlights

  • Laundry Room
  • Block Wall Fence
  • Wall Furnace
  • Controlled Entrance

About This Home

As of December 2025

The apartment building is comprised of (4) 3 bedroom 2 bathroom units and (14) 2 bedroom 2 bathroom units. Centrally located to several popular South Bay venues including Sofi Stadium, the Kia Forum, Intuit Dome, Hollywood Park Casino and You Tube Theatre. Close to freeways lends quick access to downtown Los Angeles. Buyer to verify all property information and is advised to perform an independent professional inspection of the property. Seller to choose services.

Last Agent to Sell the Property

Steve Simeral

Simmar Real Estate Brokerage Phone: 310-714-2606 License #00776769 Listed on: 10/16/2025

Co-Listed By

Nicole Vidjak Simeral

Simmar Real Estate Brokerage Phone: 310-714-2606 License #02059384

Last Buyer's Agent

Steve Simeral

Simmar Real Estate Brokerage Phone: 310-714-2606 License #00776769 Listed on: 10/16/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1986

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x181
  • No Common Walls
  • Block Wall Fence
  • Sprinkler System

Parking

  • 36 Car Garage
  • 36 Carport Spaces
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Entry on the 2nd floor
  • Composition Roof

Interior Spaces

  • 17,376 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 59
  • Tax Tract Number 550
  • Assessor Parcel Number 4024040026

Community Details

Building Details

  • 18 Leased Units
  • Rent Control
  • 19 Separate Electric Meters
  • 19 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $3,100
  • Electric Expense $3,400
  • Fuel Expense $575
  • Gardener Expense $3,600
  • Insurance Expense $20,600
  • Maintenance Expense $23,868
  • Pest Control $1,092
  • Professional Management Expense $11,233
  • Trash Expense $9,783
  • Water Sewer Expense $17,539
  • New Taxes Expense $66,250
  • Operating Expense $161,040
  • Gross Income $373,872
  • Net Operating Income $212,832

Additional Features

  • 18 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1986

Lot Details

0

Parking

36

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Professional Management Expense: 11233.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 17539.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 4024040026
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 2
  • Price Per Square Foot: 218.69

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 36.00
  • Garage Spaces: 36.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance
  • Total Parking Spaces: 72.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 1092.00
  • Sewer: Public Sewer
  • Trash Expense: 9783.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size: 100x181
  • Lot Size Sq Ft: 18027.00
  • Lot Size Acres: 0.4138

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 945 Square Feet
  • Average3 Bed Area: 1025 Square Feet
  • Cable TV Expense: 3100.00
  • Electric Expense: 3400.00
  • Fuel Expense: 575.00
  • Gross Income: 373872.00
  • Gross Operating Income: 373872.00
  • Gross Scheduled Income: 381360.00
  • Insurance Expense: 20600.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2700.00
  • Lot Size Area: 18027.0000 Square Feet
  • Maintenance Expense: 23868.00
  • Net Operating Income: 212832.00
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 19
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Number With Dishwasher: 18
  • Number With Disposal: 18
  • Number With Range: 18
  • Operating Expense: 161040.00
  • Rent Control: Yes
  • Total Actual Rent: 31780.00
  • Total Expenses: 161040.00

Tax Info

  • New Taxes Expense: 66250.00
  • Tax Area: 4569
  • Tax Lot: 59
  • Tax Tract Number: 550

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2025 12/31/25 Sold $3,800,000 -19.1% $219 / Sq Ft
11/11/2025 11/11/25 Pending -- -- --
11/07/2025 11/07/25 Price Changed $4,700,000 -11.3% $270 / Sq Ft
10/16/2025 10/16/25 For Sale $5,300,000 -- $305 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Steve Simeral

    Simmar Real Estate

    (310) 714-2606

    5 Total Sales

    Steve Simeral
    Section Image

  • N

    Seller Co-Listing Agent in 2025

    Nicole Vidjak Simeral

    Simmar Real Estate

    (310) 988-6039

    4 Total Sales

    Nicole Vidjak Simeral
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25240296

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Inglewood 90301

511 E 99th St, Inglewood, CA

Sold

MultiFamily

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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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