NOT LISTED FOR SALE

Estimated Value: $808,762 - $870,000

4 Beds
2 Baths
1,580 Sq Ft
$533/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $585,000 $370 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,061/month

125 Days on Market

About This Home

As of January 2019

GREAT LOCATION THIS PROPERTY IS UNIQUE W/LOTS OF POTENTIAL This is one of the most sought after real estate investment opportunities in the non-rent control North Inglewood. Located at right next to currently being built Rams Stadium Project. LA Stadium, the new home for the Los Angeles Rams and Los Angeles Chargers, is under construction at the former Hollywood Park site in Inglewood.
Property has being apprised at $625,000.
Needs TLC.

Last Agent to Sell the Property

Maria A Riggs

Realty One Group United License #01738721 Listed on: 06/26/2018

Realty One Group United

Last Buyer's Agent

Maria A Riggs

Realty One Group United License #01738721 Listed on: 06/26/2018

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,801 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,580 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 46
  • Tax Tract Number 4390
  • Assessor Parcel Number 4014021009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Operating Expense $8,000
  • Gross Income $22,000
  • Net Operating Income $9,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 4014021009
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 370.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1102

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 22000.00
  • Gross Scheduled Income: 22000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 9000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: No
  • Total Expenses: 8000.00

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 4390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Dec 26, 2018
Sold by
Martin Ana Lilian
Bought by
Martin Esaul
Seller's Agent
Maria A Riggs
Realty One Group United
Buyer's Agent
Maria A Riggs
Realty One Group United
List Price
$675,000
Sold Price
$585,000
Premium/Discount to List
-$90,000
-13.33%
Current Estimated Value
$841,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,441
Avg. Annual Appreciation
5.34%
Original Mortgage
$431,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2018
Sold by
Barajas Ruben
Bought by
Marth Esaul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Us Bank National Association
Bought by
Barajas Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2008
Sold by
Mendez Carlos
Bought by
Us Bank Na and Sasco Mortgage Pass Through Certificates

Purchase Details

Closed on
Jan 13, 2006
Sold by
Gonzales Concepcion
Bought by
Mendez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Mendez Carlos Cabrera
Bought by
Gonzales Concepcion
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Esaul -- Old Republic Title Company
Marth Esaul $585,000 Old Republic Title Company
Barajas Ruben $220,000 Lawyers Title
Us Bank Na $250,250 None Available
Mendez Carlos -- Ticor Title Co Of California
Gonzales Concepcion -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marth Esaul $431,250
Previous Owner Barajas Ruben $176,000
Previous Owner Mendez Carlos $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $585,000 -2.3% $370 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $599,000 -2.6% $379 / Sq Ft
10/12/2018 10/12/18 Price Changed $615,000 -1.6% $389 / Sq Ft
09/03/2018 09/03/18 Price Changed $625,000 -7.4% $396 / Sq Ft
08/31/2018 08/31/18 For Sale $675,000 0.0% $427 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/28/2018 07/28/18 Price Changed $675,000 -3.6% $427 / Sq Ft
06/26/2018 06/26/18 For Sale $700,000 -- $443 / 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 $8,452 $652,575 $541,025 $111,550
2024 $8,452 $639,780 $530,417 $109,363
2023 $8,365 $627,236 $520,017 $107,219
2022 $8,526 $614,938 $509,821 $105,117
2021 $8,447 $602,881 $499,825 $103,056
2020 $8,066 $596,700 $494,700 $102,000
2019 $2,799 $370,280 $289,283 $80,997
2018 $5,150 $363,020 $283,611 $79,409
2016 $4,879 $348,925 $272,599 $76,326
2015 $4,835 $343,685 $268,505 $75,180
2014 $4,835 $336,954 $263,246 $73,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18153236

California Regional Multiple Listing Service (CRMLS)

APN: 4014-021-009