Miguel Garcia
RE/MAX MASTERS REALTY
(626) 727-7715
35 Total Sales
3 in North Inglewood
$465K - $475K Price Range
Estimated Value: $936,000 - $1,404,923
ATTENTION INVESTORS, OWNER USERS, DEVELOPERS! We proudly present a single-family, investment property at 627 Hill St. in prime North Inglewood, California, two miles north of the excitement of SoFi Stadium and Hollywood Park. Rarely does an opportunity like this come on the market, move-in ready for an owner user who can later develop multiple units on an expansive, R3-zoned, 11,404sf lot and or for an investor capitalizing on high rents commanded by an ideal investment. This 2-bedroom plus den, 3-full bath home has 3 separate entrances, currently utilized as a 3-unit investment property through Airbnb long-term leasing. The current owner fully renovated the property in 2021 and has spent considerable time and resources to position it for maximum profitability on Airbnb and other rental platforms, optimizing operations to ensure high consumer satisfaction, positive reviews, and return leasing. A new investor won’t need to create a business plan. The investment opportunity suits both short-term and long-term capital deployment. Actual gross income for long term monthly leasing is about $96,000/year with a 5.83% CAP rate based on new tax!
Inglewood is 5 miles east of LAX, 10 miles southwest of Downtown LA, and is home to SoFi Stadium, an entertainment and sports destination that is home to the Los Angeles Rams and the Los Angeles Chargers. It will host the College Football Championship Game in 2023 and the Opening/Closing Ceremonies of the Olympic Games in 2028. SoFi is the centerpiece of Hollywood Park, a 298-acre mixed-use development featuring retail, commercial office space, a hotel, residential units, and outdoor park spaces. A stadium shuttle from the Metro C Line goes directly to SoFi. Because of these attractions and its central location in metro Los Angeles with its proximity to LAX, beaches, and commerce, the Inglewood real estate market has experienced exponential growth the last few years. There is high demand for homes in Inglewood as investor sentiments for the area remain bullish, forecasting above average appreciation in property values.
Last Agent to Sell the Property
RubyHome Corporation License #01914120 Listed on: 03/16/2023
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Miguel Garcia
RE/MAX MASTERS REALTY
(626) 727-7715
35 Total Sales
3 in North Inglewood
$465K - $475K Price Range
Anthony Galeano
TerraNova Real Estate Group Inc.
(424) 499-1941
6 Total Sales
1 in North Inglewood
$1,385,000 Price
Sherie Howard
Sherie Howard & Associates, Inc
(424) 300-3941
16 Total Sales
2 in North Inglewood
$670K - $779K Price Range
Amalia Ochoa
The Proud Crowd Inc.
(424) 348-7667
31 Total Sales
1 in North Inglewood
$460,000 Price
Ernestine Crews
Ernestine Crews
(424) 380-4104
8 Total Sales
2 in North Inglewood
$842K - $1.1M Price Range
Sierus Erdelyi
TruLine Realty
(424) 374-0268
178 Total Sales
1 in North Inglewood
$1,100,000 Price
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 |
|---|---|---|---|
| $1,235,000 | Chicago Title Company | ||
| -- | None Listed On Document | ||
| $1,100,000 | Fidelity National Title | ||
| $904,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | Old Republic Title Company |
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 |
|---|---|---|---|
| Previous Owner | $800,000 | ||
| Previous Owner | $723,200 | ||
| Previous Owner | $28,000 | ||
| Previous Owner | $99,900 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $1,235,000 | +7.4% | $954 / Sq Ft | |
| 05/27/2023 05/27/23 | Pending | -- | -- | -- | |
| 03/16/2023 03/16/23 | For Sale | $1,150,000 | +4.5% | $889 / Sq Ft | |
| 08/25/2021 08/25/21 | Sold | $1,100,000 | +0.5% | $850 / Sq Ft | View Prior Sale |
| 08/17/2021 08/17/21 | Pending | -- | -- | -- | |
| 08/07/2021 08/07/21 | For Sale | $1,095,000 | 0.0% | $846 / Sq Ft | |
| 08/02/2021 08/02/21 | Pending | -- | -- | -- | |
| 07/20/2021 07/20/21 | For Sale | $1,095,000 | +21.1% | $846 / Sq Ft | |
| 01/22/2020 01/22/20 | Sold | $904,000 | 0.0% | $699 / Sq Ft | View Prior Sale |
| 01/22/2020 01/22/20 | Sold | $904,000 | -4.8% | $699 / Sq Ft | View Prior Sale |
| 12/03/2019 12/03/19 | Pending | -- | -- | -- | |
| 12/03/2019 12/03/19 | Pending | -- | -- | -- | |
| 09/17/2019 09/17/19 | For Sale | $950,000 | -10.4% | $734 / Sq Ft | |
| 08/21/2019 08/21/19 | For Sale | $1,060,000 | -- | $819 / Sq Ft |
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 | $16,769 | $1,259,700 | $1,007,760 | $251,940 |
| 2024 | $15,816 | $1,235,000 | $988,000 | $247,000 |
| 2023 | $14,539 | $1,122,000 | $897,600 | $224,400 |
| 2022 | $14,833 | $1,100,000 | $880,000 | $220,000 |
| 2021 | $13,430 | $913,365 | $730,692 | $182,673 |
| 2020 | $1,851 | $113,947 | $32,473 | $81,474 |
| 2019 | $1,822 | $111,714 | $31,837 | $79,877 |
| 2018 | $1,786 | $109,524 | $31,213 | $78,311 |
| 2016 | $1,687 | $105,272 | $30,001 | $75,271 |
| 2015 | $1,670 | $103,692 | $29,551 | $74,141 |
| 2014 | $1,676 | $101,662 | $28,973 | $72,689 |
Seller's Agent in 2023
Judy Lin
RubyHome Corporation
(626) 215-4466
1 in this area
14 Total Sales
Seller Co-Listing Agent in 2023
Debbie Efthimos
Compass
(310) 754-6720
3 in this area
25 Total Sales
Buyer's Agent in 2023
Yasmina Vahali
Rodeo Realty- Brentwood
(310) 879-9350
1 in this area
6 Total Sales
Seller's Agent in 2021
Todd Miller
KW Westside Estates
(310) 923-5353
1 in this area
159 Total Sales
J
Buyer's Agent in 2021
Judy Lin Young
RubyHome Corporation
Seller's Agent in 2020
Sandy Minitello
RE/MAX
(818) 445-5988
20 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF23043121
APN: 4017-003-004
Ask me questions while you tour the home.