NOT LISTED FOR SALE

512 E 99th St Inglewood, CA 90301

Estimated Value: $1,188,000 - $1,504,000

6 Beds
5 Baths
3,221 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $645,500 $200 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,713/month

118 Days on Market

About This Home

As of November 2014

Extraordinary location. One and 1/2 block to Prairie Ave where the fabulous development of 350 acres site of de Hollywood Park it's taking place. This four units consist on a detached house up front with 3 large bedrooms (including a Master with full bath), dinning room, laundry room, living room and 2 cars garage and back yard. Detached, a building with one unit and further back another two story building with 2 units of 1br/1ba each upstairs and two one car garage facing the paved and modern alley. Long term family-tenants. Several large and modern shopping centers all within less than a mile around. Scroll the photos atop and think about. it could become yours!! The Los Angeles International airport is about 10 minutes far or 3 miles away. This whole area its being constantly improved, refurbished and modernized.

Last Agent to Sell the Property

Angel Nomakchteinsky

Angel Realty License #00852217 Listed on: 07/14/2014

Last Buyer's Agent

Fred Nabati

Trimax Realty, Inc. License #01276914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,788

Year Built

  • Built in 1940

Lot Details

  • 8,972 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 3,221 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 82
  • Tax Tract Number 550
  • Assessor Parcel Number 4024039005

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,080
  • Trash Expense $480
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,500
  • Gross Income $4,715
  • Net Operating Income $4,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,788

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Inclusions: Inventory will be provided.
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: INR3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4024039005
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 200.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 8972
  • Lot Size Sq Ft: 8972.00
  • Lot Size Acres: 0.2060

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 1821
  • Average3 Bed Area: 1400
  • Gross Income: 4715.00
  • Gross Scheduled Income: 4715.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 8972.0000 Square Feet
  • Net Operating Income: 4335.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 380.00
  • Rent Control: No
  • Total Actual Rent: 4715.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 82
  • Tax Tract Number: 550
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2015
Sold by
Hakimi Nima
Bought by
Nh1 Enterprises Llc
Current Estimated Value
$1,309,994

Purchase Details

Listed on
Jul 14, 2014
Closed on
Oct 8, 2014
Sold by
Gonzalez Santos and Gonzalez Abel
Bought by
Hakimi Nima
Seller's Agent
Angel Nomakchteinsky
Angel Realty
Buyer's Agent
Fred Nabati
Trimax Realty, Inc.
List Price
$650,000
Sold Price
$645,500
Premium/Discount to List
-$4,500
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$484,125
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2013
Sold by
Gonzalez Lucilo and Gonzalez Maria De Jesus
Bought by
Gonzalez Abel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nh1 Enterprises Llc -- Fidelity National Title Co
Hakimi Nima $645,500 Fidelity National Title Co
Gonzalez Abel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hakimi Nima $484,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2014 11/18/14 Sold $645,500 -0.7% $200 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $650,000 -- $202 / 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 $9,788 $721,104 $480,737 $240,367
2024 $9,788 $706,965 $471,311 $235,654
2023 $9,687 $693,104 $462,070 $231,034
2022 $9,859 $679,514 $453,010 $226,504
2021 $9,769 $666,191 $444,128 $222,063
2020 $9,346 $659,362 $439,575 $219,787
2019 $9,195 $646,434 $430,956 $215,478
2018 $9,104 $633,759 $422,506 $211,253
2016 $8,567 $609,150 $406,100 $203,050
2015 $8,488 $600,000 $400,000 $200,000
2014 -- $309,007 $124,260 $184,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14121603

California Regional Multiple Listing Service (CRMLS)

APN: 4024-039-005