NOT LISTED FOR SALE

532 E 97th St Inglewood, CA 90301

Estimated Value: $1,073,000 - $1,630,000

8 Beds
5 Baths
3,035 Sq Ft
$441/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $1,200,000 $395 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,362/month

Highlights

  • Laundry Room
  • 6 Car Garage
  • Heating Available
  • Sliding Doors
  • Security Fence
  • 1-Story Property

About This Home

As of September 2022

This one is all about LOCATION, LOCATION, LOCATION! An incredible opportunity to acquire an investment property in rapidly developing Inglewood. 1 1/2 Blocks from the Hollywood Park Tomorrow Redevelopment Area, which includes SoFi Stadium, home of the RAMs and Chargers; the YouTube Theater; and the Hollywood Park Casino. Down the road is the Forum, one of LA's Premier Concert Venues. This Triplex with Two 3-bedroom, 2-bath, and One 2-bedroom, 1-bath units is waiting for you to add your personal touch to any renovations. In unit laundry. Each unit has a 2-car garage, with the rear unit's garage attached. Long-term tenants. The 2-bedroom, the middle unit, will be delivered vacant at closing. It's Centrally located with proximity to Downtown LA, LAX, freeways, beaches, shopping, and other attractions.

Last Agent to Sell the Property

Robert Murdock

Murdock Realty License #01387836 Listed on: 09/09/2022

Last Buyer's Agent

Robert Murdock

Murdock Realty License #01387836 Listed on: 09/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,087

Year Built

  • Built in 1995

Lot Details

  • 8,977 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Front Yard Sprinklers

Parking

  • 6 Car Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,035 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Sliding Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Utilities

  • Heating Available
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $2,500
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $32,000
  • Gross Income $73,620
  • Net Operating Income $44,000

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 601
  • Assessor Parcel Number 4024040010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,087

Year Built

Built in 1995

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 4024040010
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 337.73
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Security
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 8977.00
  • Lot Size Acres: 0.2061

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 73620.00
  • Gross Scheduled Income: 74000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 8977.0000 Square Feet
  • Net Operating Income: 44000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 30000.00
  • Rent Control: Yes
  • Total Expenses: 32000.00

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 601...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Brazil Faygo
Bought by
Watley Natasha Renee
Current Estimated Value
$1,338,702

Purchase Details

Closed on
Jun 30, 2023
Sold by
Nrw Properties Llc
Bought by
Watley Natasha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,052,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2021
Sold by
Hall Laverne
Bought by
Nrw Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,077,200
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 1995
Sold by
Osborne Darrell F
Bought by
Hall Laverne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.75%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Darvish Moez Youssef and Darvish Shahnaz Moradfar
Bought by
Osborne Darrell F

Purchase Details

Closed on
Aug 24, 1995
Sold by
Osborne Lola J
Bought by
Osborne Darrell F

Purchase Details

Closed on
Apr 29, 1994
Sold by
Pro Buy Equities Corp
Bought by
Darvish Moez Youssef

Purchase Details

Closed on
Apr 12, 1994
Sold by
Sutton Development Corp
Bought by
Darvish Moez Youssef
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
Watley Natasha Renee -- --
Watley Natasha Renee -- --
Watley Natasha R -- Wfg National Title
Nrw Properties Llc $1,200,000 Stewart Title Company
Hall Laverne $270,000 Continental Lawyers Title Co
Osborne Darrell F $42,000 Continental Lawyers Title Co
Osborne Darrell F -- Continental Lawyers Title Co
Darvish Moez Youssef -- Southern California Title Co
Darvish Moez Youssef -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watley Natasha R $1,052,000
Previous Owner Nrw Properties Llc $1,077,200
Previous Owner Hall Laverne $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $1,200,000 -- $395 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $16,087 $1,200,000 $900,000 $300,000
2024 $16,087 $1,224,000 $1,020,000 $204,000
2023 $15,919 $1,200,000 $1,000,000 $200,000
2022 $6,410 $422,648 $84,521 $338,127
2021 $6,347 $414,362 $82,864 $331,498
2019 $5,987 $402,073 $80,407 $321,666
2018 $5,843 $394,190 $78,831 $315,359
2016 $5,520 $378,885 $75,771 $303,114
2015 $5,470 $373,194 $74,633 $298,561
2014 $5,475 $365,885 $73,172 $292,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11210

Pasadena-Foothills Association of REALTORS®

APN: 4024-040-010