NOT LISTED FOR SALE

540 E Queen St Inglewood, CA 90301

Estimated Value: $1,251,207 - $1,443,000

5 Beds
5 Baths
3,238 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $700,000 $216 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,053/month

12 Days on Market

About This Home

As of June 2015

Incredible Opportunity To Own a very Well Maintained 5 Unit Complex in a very Desirable Section of N. Inglewood with NO RENT CONTROL. A few blocks from the FORUM & THE NEW HOLLYWOOD PARK, METRO LINE DEVELOPMENT. Great income potential with Garages for each unit. Exterior freshly painted as well as most of the interior of the units. Each unit has separate Gas and Electric meters. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY. Seller will select all Services. All Buyers Must be PRE APPROVED and show PROOF OF FUNDS with all offers.

Last Agent to Sell the Property

Kevin D Thrower

Detra Jones & Associates License #01344328 Listed on: 05/16/2015

Last Buyer's Agent

Huong Thai

License #01946107

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,144

Parking

  • 5 Car Garage

Interior Spaces

  • 3,238 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 7,144 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4021-004-046

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3238
  • Stories: 2
  • Year Built: 1957
  • Builders Tract Name: Not in a Development
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 217.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Garage Structures: 2
  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 163000
  • Assessed Land Value: 360000
  • Assessor Parcel Number: 4021-004-046
  • Geocode Override: No
  • Lot Size Area: 7144

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 5
  • Type Of Units: rental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Deleon Marco A and Deleon Gladys A
Bought by
Marco Antonio De Leon And Gladys A De Leon Re
Current Estimated Value
$1,347,104

Purchase Details

Listed on
May 16, 2015
Closed on
Jun 5, 2015
Sold by
Williams Richard L and Williams Debra Ann Myrick
Bought by
Deleon Marco A and Deleon Gladys A
Seller's Agent
Kevin D Thrower
Detra Jones & Associates
Buyer's Agent
Huong Thai
List Price
$705,000
Sold Price
$700,000
Premium/Discount to List
-$5,000
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Williams Richard L and Williams Debra Ann Myrick
Bought by
Williams Richard L and Williams Debra Ann Myrick

Purchase Details

Closed on
Mar 30, 2004
Sold by
Solomon Tony and Solomon Lisa
Bought by
Williams Richard L and Williams Debra Ann Myrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2003
Sold by
Williamson William B and Williamson Marianne
Bought by
Solomon Tony and Solomon Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
5.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marco Antonio De Leon And Gladys A De Leon Re -- --
Deleon Marco A $700,000 Chicago Title
Williams Richard L -- None Available
Williams Richard L $495,000 Fnt
Solomon Tony $325,000 Fntc Glen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Richard L $332,000
Previous Owner Solomon Tony $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2015 06/22/15 Sold $700,000 -0.7% $216 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $705,000 -- $218 / Sq Ft
Source: The MLS

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 $12,525 $841,287 $721,106 $120,181
2024 $12,525 $824,792 $706,967 $117,825
2023 $12,387 $808,620 $693,105 $115,515
2022 $12,569 $792,765 $679,515 $113,250
2021 $12,450 $777,222 $666,192 $111,030
2020 $11,957 $769,254 $659,362 $109,892
2019 $11,760 $754,172 $646,434 $107,738
2018 $11,665 $739,385 $633,759 $105,626
2016 $11,016 $710,675 $609,150 $101,525
2015 $9,418 $585,590 $403,083 $182,507
2014 $8,724 $523,000 $360,000 $163,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kevin D Thrower

    Detra Jones & Associates

    (310) 256-3038

    10 Total Sales

    Kevin D Thrower
    Section Image

  • H

    Buyer's Agent in 2015

    Huong Thai

  • S

    Buyer's Agent in 2015

    Sergio Labra

See All Agents

Map

Source: The MLS

MLS Number: 15-906137

The MLS

APN: 4021-004-046

California Los Angeles County Inglewood 90301

540 E Queen St, Inglewood, CA

Not Listed for Sale

MultiFamily

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