NOT LISTED FOR SALE
14 Beds
8 Baths
6,732 Sq Ft
8,281 Sq Ft Lot

Last Sold November 04, 2024

Last sale price $1,875,000 $279 Per Sq Ft

112 Days on Market

About This Home

As of November 2024

Outstanding North Inglewood Location | Located Approximately 1.5 Miles from SoFi Stadium & The Forum, and 2 Miles from Intuit Dome (NBA Clippers Arena) | 5.33% Current Cap Rate & 11.77 Current GRM | 8.03% Pro-Forma Cap Rate & 8.84 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Five) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit | Large 8,281-SF Lot | Assumable Loan of Approximately $1,000,000 at 3.60% Fixed Until July of 2026 | On-Site Laundry Facility & Private Patios | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX Airport and Upcoming $1 Billion Inglewood Transit Connector Project

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 06/25/2024

Last Buyer's Agent

Keith Richardson

Exclusive Realty Inc License #01929680

Exclusive Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,281 Sq Ft Lot

Interior Spaces

  • 6,732 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Car Garage
  • Carport
  • Uncovered Parking

Community Details

  • 7 Units
  • Laundry Facilities
  • Vacancy Allowance $6,544

Listing and Financial Details

  • Assessor Parcel Number 4014-023-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6732
  • Lot Acreage: 0.1902
  • Price Per Unit: 275000.00
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Common Walls: Attached
  • Laundry: Community, Laundry Area, Room
  • Total Bathrooms: 8.00
  • Equipment: Washer, Dryer
  • Price Per S Q F T: 285.95

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Parking Garage: Carport, Garage, Uncovered
  • Total Parking: 8

Utilities

  • Number Electric Meters: 7
  • Number Gas Meters: 7

Lot Info

  • Assessed Improvement Percent: 41.67
  • Assessed Improvement Value: 153466
  • Assessed Land Percent: 58.33
  • Assessed Land Value: 214854
  • Total Assessed Value: 368320
  • Assessor Parcel Number: 4014-023-007
  • Lot Size Area: 8281

Rental Info

  • Total Actual Rent: 163620.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 11.77
  • Number Of Units: 7
  • Type Of Units: 3, 2 & 1 BD
  • Vacancy Allow: 6544
  • Vacancy Allow Percent: 4.00

Tax Info

  • Tax Rate: 1.40
  • Tax Total: 26950.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $1,875,000 -2.6% $279 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $1,925,000 -- $286 / 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 $6,707 $1,875,000 $1,075,000 $800,000
2024 $6,707 $375,686 $219,151 $156,535
2023 $6,643 $368,320 $214,854 $153,466
2022 $6,719 $361,099 $210,642 $150,457
2021 $6,650 $354,019 $206,512 $147,507
2019 $6,327 $343,821 $200,388 $143,433
2018 $6,202 $337,086 $196,459 $140,627
2016 $5,798 $323,710 $188,831 $134,879
2015 $5,742 $318,848 $185,995 $132,853
2014 $5,764 $312,603 $182,352 $130,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-408113

The MLS