NOT LISTED FOR SALE

Estimated Value: $1,151,000 - $1,557,000

8 Beds
7 Baths
3,838 Sq Ft
$355/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $1,050,000 $274 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,439/month

33 Days on Market

About This Home

As of January 2020

This is a four-plex in heart of Ingelwood. Close to airports this is a probate in less then average condition 3 bedroom 2 bath unit is currently a vacant unit 3 -2 bedroom 1 bath units that are occupied.There is also a single with kitchen and bathroom on bottom floor that is vacant. All buyers must show offers and proof of funds prior to viewing. No court approval required.

Last Agent to Sell the Property

Mina Kuper

Harcourts Encino Inc. License #01515351 Listed on: 11/08/2019

Last Buyer's Agent

Mesfin Beyene

License #01263478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,970

Year Built

  • Built in 1961

Lot Details

  • 6,069 Sq Ft Lot

Interior Spaces

  • 3,838 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 4 Parking Spaces
  • Detached Carport Space

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4017-002-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,970

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3838
  • Probate: Yes
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 325.69

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 380130
  • Assessed Land Value: 185769
  • Assessor Parcel Number: 4017-002-023
  • Geocode Override: No
  • Lot Size Area: 6069

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Mezgebe Helen and Gessesse Hiruy H
Bought by
Gessesse Hiruy Haile and Mezegebe Helen
Current Estimated Value
$1,361,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$507,929
Interest Rate
3.11%
Estimated Equity
$862,351

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 10, 2019
Sold by
Garcia Angela and Estate Of Eleanor Jane Desarac
Bought by
Mezgebe Helen and Gessesse Hiruy H
Seller's Agent
Mina Kuper
Harcourts Encino Inc.
Buyer's Agent
Mesfin Beyene
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
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
Gessesse Hiruy Haile -- Mortgage Connect Lp
Mezgebe Helen $1,050,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gessesse Hiruy Haile $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $1,050,000 -16.0% $274 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
11/19/2019 11/19/19 Price Changed $1,250,000 +25.1% $326 / Sq Ft
11/08/2019 11/08/19 For Sale $999,000 -- $260 / 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 $14,970 $1,148,324 $710,868 $437,456
2024 $14,970 $1,125,809 $696,930 $428,879
2023 $14,813 $1,103,735 $683,265 $420,470
2022 $15,094 $1,082,094 $669,868 $412,226
2021 $14,953 $1,060,878 $656,734 $404,144
2020 $8,587 $600,873 $197,138 $403,735
2019 $8,447 $589,099 $193,273 $395,826
2018 $8,382 $577,556 $189,484 $388,072
2017 $8,140 $565,899 $185,769 $380,130
2016 $7,921 $554,804 $182,127 $372,677
2015 $7,849 $546,472 $179,392 $367,080
2014 $7,850 $535,768 $175,878 $359,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-528318

The MLS

APN: 4017-002-023