NOT LISTED FOR SALE

Estimated Value: $1,285,000 - $1,597,000

3 Beds
2 Baths
3,701 Sq Ft
$384/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $649,000 $175 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $8,578/month

30 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Countertops
  • Carpet
  • End Unit
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2014

- Motivated Seller. Nice four-plex in great area of Inglewood-adjacent to Westchester, close proximity to shopping, theatres, restaurants, beach, freeway, and parks. All units are individaully metered for gas, electricity, and currently all units are rented. This is a great building for an investor or first time buyer. Please do not disturb the tenants or walk on the property. There are two buildings and all units have enclosed garage.
This is non-rent control. With interest rates at historic lows, this investment opportunity will not last long. Sold in Present Physical Condition.

Last Agent to Sell the Property

Lori Herold

Lori Herold License #01052871 Listed on: 10/01/2013

Last Buyer's Agent

Don Mossimo

Keystone Realty License #00455559

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,662

Year Built

  • Built in 1956

Lot Details

  • 6,692 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 5 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,701 Sq Ft Home
  • Carpet
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 251
  • Tax Tract Number 1062
  • Assessor Parcel Number 4017020048

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $276
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $4,450
  • Net Operating Income $52,988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,662

Year Built

Built in 1956

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 310-567-7771
  • Other Phone Number: 310-567-7771
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 4017020048
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters, Unfurnished
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 175.36
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6692.00
  • Lot Size Acres: 0.1540

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 276.00
  • Gross Income: 4450.00
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 1.00
  • Lot Size Area: 6692.0000 Square Feet
  • Net Operating Income: 52988.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 412.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 251
  • Tax Tract Number: 1062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Romero Apolonio David and Rubio Romero Erlinda
Bought by
Romero Apolonio and Rubio Romero Erlinda
Current Estimated Value
$1,422,127

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 19, 2013
Sold by
Magee Toni Y
Bought by
Romero Apolonio David and Rubio Romero Erlinda
Seller's Agent
Lori Herold
Lori Herold
Buyer's Agent
Don Mossimo
Keystone Realty
List Price
$725,000
Sold Price
$649,000
Premium/Discount to List
-$76,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$454,300
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
Roberts Vernon C
Bought by
Magee Toni Y and The Harvest Estates Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,300
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2011
Sold by
Roberts Vernon C
Bought by
Magee Toni Y and Harvest Estates Trust

Purchase Details

Closed on
Apr 7, 2009
Sold by
Roberts Vernon C and Roberts Lula V
Bought by
Roberts Vernon C and Roberts Lula

Purchase Details

Closed on
Oct 15, 1999
Sold by
Roberts Vernon C
Bought by
Roberts Vernon and Roberts Lula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,775
Interest Rate
7.97%

Purchase Details

Closed on
Sep 27, 1999
Sold by
Roberts Vernon C
Bought by
Roberts Vernon C and Roberts Lula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,775
Interest Rate
7.97%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Roberts Vernon C
Bought by
Roberts Vernon C and Roberts Lula
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Romero Apolonio -- None Available
Romero Apolonio David $649,000 Old Republic Title
Magee Toni Y -- Old Republic Title
Magee Toni Y -- None Available
Roberts Vernon C $19,500 None Available
Roberts Vernon -- --
Roberts Vernon C -- Investors Title Company
Roberts Vernon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Apolonio David $454,300
Previous Owner Roberts Vernon $125,000
Previous Owner Roberts Vernon C $154,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2014 01/09/14 Sold $649,000 -10.5% $175 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $725,000 -- $196 / 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 $10,662 $795,574 $550,408 $245,166
2024 $10,662 $779,975 $539,616 $240,359
2023 $10,551 $764,683 $529,036 $235,647
2022 $10,742 $749,690 $518,663 $231,027
2021 $10,641 $734,992 $508,494 $226,498
2019 $10,007 $713,194 $493,413 $219,781
2018 $9,964 $699,211 $483,739 $215,472
2016 $9,424 $672,061 $464,955 $207,106
2015 $9,340 $661,967 $457,971 $203,996
2014 $5,815 $381,791 $267,096 $114,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13200459

California Regional Multiple Listing Service (CRMLS)

APN: 4017-020-048