NOT LISTED FOR SALE
9 Beds
7 Baths
4,849 Sq Ft
6,738 Sq Ft Lot

Sale Details

Date Sold: January 25, 2022

Last sale price $1,625,000 $335 Per Sq Ft

31 Days on Market

Highlights

  • Front Porch
  • Laundry Facilities
  • 2-minute walk to Queen Park
  • Views

About This Home

As of January 2022

CALL FOR OFFERS: MONDAY, 10/25 AT 4PM. E Queen Street, built in 1961 is a 6-unit building that consists of 4,849 Sq. Ft and resides on a 6,744 Sq. Ft. lot. The units are comprised of (4) 1-bedroom + 1-bathroom units, (1) 2-bedroom + 1-bathroom unit, and (1) 3-bedroom + 2-bathroom unit, which is an anomaly for the area. There are 6 covered parking spaces in the back. Current rents are well below market providing significant upside potential for a new buyer. 625 E Queen Street is just 0.5 miles from the Forum and 1.1 miles from SOFI stadium. These venues bring employers to the area and are spawning economic growth. Inglewood continues to be a desirable place to live, invest, and operate a business. Market Street is a great example of thriving businesses in the area which makes Inglewood a vibrant city for its residents to live in.

Last Agent to Sell the Property

David Weinberger

Keller Williams Studio City License #01349349 Listed on: 10/12/2021

Keller Williams Studio City

Co-Listed By

Megan Husri

Keller Williams Studio City License #02089901

Last Buyer's Agent

William Mulkey

License #00986020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,738

Interior Spaces

  • 4,849 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • Front Porch
  • 6,738 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4021-002-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,738 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4849
  • Lot Acreage: 0.1550
  • Probate: Yes
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Laundry: Community
  • Total Bathrooms: 7.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 340.28

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Covered Parking
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 69.77
  • Assessed Improvement Value: 97712
  • Assessed Land Percent: 30.23
  • Assessed Land Value: 42341
  • Total Assessed Value: 140053
  • Assessor Parcel Number: 4021-002-021
  • Lot Description: Walk Street
  • Lot Size Area: 6738

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.70
  • Number Of Units: 6
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 2.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2021
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,625,000 Lawyers Title
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,040,000
Closed $1,060,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $1,625,000 -1.5% $335 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $1,650,000 -- $340 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,200 $1,724,463 $1,061,208 $663,255
2024 $22,664 $1,690,650 $1,040,400 $650,250
2023 $22,425 $1,657,500 $1,020,000 $637,500
2022 $3,562 $144,332 $43,634 $100,698
2021 $3,528 $141,503 $42,779 $98,724
2020 $3,433 $140,053 $42,341 $97,712
2019 $3,394 $137,308 $41,511 $95,797
2018 $3,259 $134,617 $40,698 $93,919
2016 $3,022 $129,391 $39,118 $90,273
2015 $2,990 $127,449 $38,531 $88,918
2014 $3,014 $124,954 $37,777 $87,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-794080

The MLS
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