NOT LISTED FOR SALE

511 S Osage Ave Inglewood, CA 90301

Estimated Value: $1,257,000 - $1,489,709

5 Beds
4 Baths
2,686 Sq Ft
$501/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $1,008,900 $376 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,895/month

38 Days on Market

Highlights

  • 5 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2018

!!!!!!SERIOUS BUYERS ONLY. Beautiful 4 unit "Pride of Ownership building on a quiet tree line street. Walk to the New Rams Stadium, and Hollywood Park Tomorrow Development, because you're only one block away. upside potential on rents, central heat and air, new sound proof windows, electrical service panels, doors, five (1) car garages, and beautiful landscaping, complete with sprinkler system, makes this a dream property for the savvy investor. This property , for sure won't last long.

Last Agent to Sell the Property

Ellis Smith

The Service Company Realty License #00449403 Listed on: 04/24/2018

Last Buyer's Agent

Hiroshi Inoue

Keller Williams South Bay License #01954258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,925

Year Built

  • Built in 1950

Lot Details

  • 9,625

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 2,686 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 9,625 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4021-037-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,925

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2686
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 371.89

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 52489
  • Assessed Land Value: 192505
  • Assessor Parcel Number: 4021-037-014
  • Geocode Override: No
  • Lot Size Area: 9625

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.64
  • Number Of Units: 4
  • Total Annual Expense: 8145
  • Type Of Units: Modern
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Mance Kumtong
Bought by
Kumtong Manus
Current Estimated Value
$1,397,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Outstanding Balance
$577,742
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$768,685

Purchase Details

Closed on
Feb 1, 2022
Sold by
Manus Kumtong
Bought by
Wimontong Lands Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Outstanding Balance
$577,742
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$768,685

Purchase Details

Closed on
Apr 14, 2021
Sold by
Delores Adeline Benwell Living Trust and Rosano Clarissa Adeline
Bought by
Covis Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,200
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 19, 2018
Sold by
Kumtong Manee
Bought by
Wimontong Lands Llc
Seller's Agent
Ellis Smith
The Service Company Realty
Buyer's Agent
Hiroshi Inoue
Keller Williams South Bay
List Price
$998,900
Sold Price
$1,008,900
Premium/Discount to List
$10,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 9, 2018
Sold by
Smith Ellis G
Bought by
Kumtong Mantee and Kumtong Manas
Seller's Agent
Ellis Smith
The Service Company Realty
Buyer's Agent
Hiroshi Inoue
Keller Williams South Bay
List Price
$998,900
Sold Price
$1,008,900
Premium/Discount to List
$10,000
1%

Purchase Details

Closed on
Nov 8, 2007
Sold by
Smith Ollie O
Bought by
Smith Ellis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Coleman Mack Neal and Smith Ellis C
Bought by
Smith Ollie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Smith Ollie O
Bought by
Smith Ellis C
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
Kumtong Manus -- New Title Company Name
Wimontong Lands Llc -- New Title Company Name
Kumtong Manus -- New Title Company Name
Covis Group Inc $550,000 Pacific Coast Title
Wimontong Lands Llc -- None Available
Kumtong Mantee $1,009,000 California Title Co
Smith Ellis C -- None Available
Smith Ollie O -- Fidelity National Title Co
Smith Ellis C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumtong Manus $621,000
Closed Kumtong Manus $621,000
Previous Owner Covis Group Inc $508,200
Previous Owner Smith Ollie O $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $1,008,900 +1.0% $376 / Sq Ft
04/24/2018 04/24/18 For Sale $998,900 -- $372 / Sq Ft
Source: The MLS

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 $14,925 $1,148,065 $803,305 $344,760
2024 $14,925 $1,125,554 $787,554 $338,000
2023 $14,768 $1,103,485 $772,112 $331,373
2022 $15,049 $1,081,849 $756,973 $324,876
2021 $14,918 $1,060,637 $742,131 $318,506
2019 $14,009 $1,029,180 $720,120 $309,060
2018 $4,080 $249,893 $196,355 $53,538
2016 $3,854 $240,191 $188,731 $51,460
2015 $3,816 $236,585 $185,897 $50,688
2014 $3,830 $231,952 $182,256 $49,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-337194

The MLS

APN: 4021-037-014