NOT LISTED FOR SALE

633 W Olive St Inglewood, CA 90301

Estimated Value: $919,000 - $1,114,000

4 Beds
3 Baths
1,817 Sq Ft
$566/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $900,000 $495 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,422/month

20 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Ashwood Park
  • Rectangular Lot

About This Home

As of December 2021

Remodeled 1BR 1BA unit!

Come live in a quiet, safe pocket of Inglewood with convenient access to I-405. Unit comes with on-site parking, in-unit washer/dryer, personal outdoor parking stall, walk-in shower, and HVAC.

Last Agent to Sell the Property

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 08/10/2021

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763

Last Buyer's Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 08/10/2021

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,269

Year Built

  • Built in 1943

Lot Details

  • 7,240 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,817 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Tax Tract Number 2373
  • Assessor Parcel Number 4018013007

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $636
  • Maintenance Expense $1,500
  • New Taxes Expense $10,890
  • Operating Expense $14,226
  • Gross Income $41,640
  • Net Operating Income $26,165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,269

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • CapRate: 2.90
  • Price Per Unit: 300000
  • Property Attached: Yes
  • Zoning: INR2YY
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4018013007
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 495.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Walkstreet
  • Lot Size Sq Ft: 7240.00
  • Lot Size Acres: 0.1662

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 41640.00
  • Gross Multiplier: 21.61
  • Gross Operating Income: 40391.00
  • Gross Scheduled Income: 41640.00
  • Insurance Expense: 636.00
  • Lot Size Area: 7240.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 26165.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 14226.00
  • Rent Control: No
  • Total Actual Rent: 3470.00
  • Total Expenses: 14226.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10890.00
  • Tax Census Tract: 6014.01
  • Tax Lot: 1
  • Tax Tract Number: 2373

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Dec 2, 2021
Sold by
Lin Hongfei
Bought by
Law John
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$990,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,981
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Sep 15, 2021
Sold by
Yekta Emily Hana and Noda Emily Hana
Bought by
Noda Noriko F and The Noda Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2021
Sold by
Noda Noriko F and The Noda Living Trust
Bought by
Law Canyon and Law John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
Sold by
Noda Noriko F and Noda Noriko Fujii
Bought by
Noda Noriko F and Noda Living Trust

Purchase Details

Closed on
Feb 4, 2004
Sold by
Noda Leigh and Estate Of Mitsuaki Noda
Bought by
Noda Emily Hana

Purchase Details

Closed on
May 9, 2000
Sold by
Shishido Masako Nakamura and 1996 Masako Nakamura Shishido
Bought by
Noda Leigh and Estate Of Mitsuaki Noda

Purchase Details

Closed on
Mar 26, 1997
Sold by
Nakamura Masako
Bought by
Shishido Masako Nakamura and 1996 Masako Nakamura Shishido Trust
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
Law John -- Fidelity National Title Co
Noda Noriko F -- Fidelity National Title
Noda Noriko F -- Fidelity Natl Ttl Builder Sv
Noda Noriko F -- Fidelity Natl Ttl Builder Sv
Law Canyon $900,000 Fidelity Natl Ttl Builder Sv
Noda Noriko F -- None Available
Noda Emily Hana -- --
Noda Andrew Hiroo -- --
Noda Noriko Fujii -- --
Noda Michael Mizto -- --
Noda Leigh -- --
Shishido Masako Nakamura -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Law Canyon $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 For Rent $2,099 0.0% --
12/13/2021 12/13/21 Sold $900,000 0.0% $495 / Sq Ft
08/16/2021 08/16/21 For Sale $900,000 0.0% $495 / Sq Ft
08/12/2021 08/12/21 Off Market $900,000 -- --
08/10/2021 08/10/21 For Sale $900,000 -- $495 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,269 $955,086 $902,026 $53,060
2024 $12,269 $936,360 $884,340 $52,020
2023 $12,139 $918,000 $867,000 $51,000
2022 $12,466 $900,000 $850,000 $50,000
2021 $1,770 $78,311 $37,848 $40,463
2019 $1,694 $75,990 $36,726 $39,264
2018 $1,602 $74,501 $36,006 $38,495
2016 $1,511 $71,609 $34,608 $37,001
2015 $1,494 $70,535 $34,089 $36,446
2014 $1,508 $69,155 $33,422 $35,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21173674

California Regional Multiple Listing Service (CRMLS)

APN: 4018-013-007