NOT LISTED FOR SALE

562 W Olive St Inglewood, CA 90301

Estimated Value: $731,000 - $1,011,000

3 Beds
2.5 Baths
1,571 Sq Ft
$533/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $652,000 $415 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,497/month

5 Days on Market

Highlights

  • Gated Community
  • 0.51 Acre Lot
  • Wood Flooring
  • City Lights View
  • Contemporary Architecture
  • 4-minute walk to Ashwood Park

About This Home

As of October 2020

Welcome to this beautiful Tri-level Townhouse w/ a private, attached two-car garage with direct access. The newly painted interior compliments dark wood floors throughout the living and dining room area as well as new carpet in the bedrooms. The spacious kitchen features granite countertops, light wood cabinets and travertine floors. The open dining area overlooks a dramatic living room with high ceilings and decorative fireplace. A sliding glass door also leads you to a HUGE balcony off of the dining room, great for a BBQ and sitting area. Upper level includes a light filled Master with double closets and en-suite bathroom, two guest bedrooms boasting large closets and a lovely full bathroom. Inside laundry, tankless water heater, A/C & Heat, dual pane windows, security system and extra garage storage space rounds out this great townhome. Corner unit with only one common wall in a gated complex of only 12 units. A sought after location, close to restaurants and the new Sofi Stadium.

Last Agent to Sell the Property

Theresa Lehr

Estate Properties License #01466900 Listed on: 09/08/2020

Estate Properties

Last Buyer's Agent

Kevin Kim

BerkshireHathaway HomeServices License #01988699

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,391

Year Built

  • Built in 2007

Lot Details

  • Gated Home

HOA Fees

  • $249 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,571 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • City Lights Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer Hookup

Home Security

  • Security Lights
  • Alarm System

Parking

  • 2 Car Attached Garage
  • Guest Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4018-015-034

Community Details

Overview

  • 12 Units

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,391

Year Built

Built in 2007

Lot Details

0

HOA Fees

$249 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Olive Street Gardens
  • Entry Floor: 1
  • Living Area: 1571
  • Lot Acreage: 0.5058
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2007
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood, Tile, Carpet
  • Appliances: Cooktop - Gas, Oven-Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Closet Stacked, On Upper Level, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Refrigerator, Stackable W/D Hookup, Alarm System, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 397.84
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Exterior Security Lights

Association/Amenities

  • Amenities: Gated Community, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 249.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4018-015-034
  • Lot Description: Gated Community
  • Lot Size Area: 22032

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2022
Sold by
Heinrich Klingner
Bought by
Klingner Lucas M
Current Estimated Value
$838,114

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 16, 2020
Sold by
Lovato Martin A and Lovato Darly C
Bought by
Klingner Lucas M and Klingner Heinrich
Seller's Agent
Theresa Lehr
Estate Properties
Buyer's Agent
Kevin Kim
BerkshireHathaway HomeServices
List Price
$625,000
Sold Price
$652,000
Premium/Discount to List
$27,000
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$489,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Osborne Building & Development Inc
Bought by
Lovato Martin A and Lovato Darly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,059
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2006
Sold by
Feso Lorraine M
Bought by
Tai Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,062,000
Interest Rate
6.22%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Klingner Lucas M -- Sanders & Montalto Llp
Klingner Lucas M $652,000 Fidelity National Title Co
Lovato Martin A $328,000 Lawyers Title Company
Tai Franklin -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klingner Lucas M $489,000
Previous Owner Lovato Martin A $293,243
Previous Owner Lovato Martin A $322,059
Previous Owner Tai Franklin $3,062,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $652,000 +4.3% $415 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $625,000 -- $398 / 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 $9,391 $744,011 $371,528 $372,483
2024 $9,391 $729,424 $364,244 $365,180
2023 $9,293 $715,122 $357,102 $358,020
2022 $9,009 $665,040 $323,646 $341,394
2021 $8,923 $652,000 $317,300 $334,700
2019 $4,296 $312,080 $115,418 $196,662
2018 $4,286 $305,961 $113,155 $192,806
2016 $4,047 $294,082 $108,762 $185,320
2015 $4,011 $289,666 $107,129 $182,537
2014 $4,017 $283,993 $105,031 $178,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-629084

The MLS

APN: 4018-015-034