NOT LISTED FOR SALE

7921 Crenshaw Blvd Inglewood, CA 90305

Morningside Park Neighborhood

Estimated Value: $1,232,539 - $1,705,000

6 Beds
4 Baths
3,469 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,225,000 $353 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,654/month

20 Days on Market

About This Home

As of July 2021

Fantastic opportunity in Inglewood for the smart buyer who will take advantage of historically low interest rates. 4 spacious units perfectly located in a great rental market. These four units consist of two 2 bedroom, 1 bathroom units and two units that are 1 bedroom, 1 bathroom. These property is close to SoFi Stadium, and the proposed site for the Clippers Arena, as well as LAX. There is significant upside potential in a rapidly developing city. All four units are currently occupied. Units are well cared for and seller replaced roof less than 5 years ago. Please do not disturb tenants. Offers are subject to interior inspection. Buyer to cooperate in seller's 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Richard Rede

RR Realty & Investments License #01095198 Listed on: 04/30/2021

Last Buyer's Agent

Bobby Zarrin

The Zarrin Group License #01091565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,811

Year Built

  • Built in 1953

Lot Details

  • 4,634 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,469 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Detached Garage
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for electricity, water, gardener, gas
  • Assessor Parcel Number 4011-017-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,811

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3469
  • Lot Acreage: 0.1064
  • Probate: No
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 1
  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 360.33

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Assigned, Detached, Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 70.15
  • Assessed Improvement Value: 317434
  • Assessed Land Percent: 29.85
  • Assessed Land Value: 135073
  • Total Assessed Value: 452507
  • Assessor Parcel Number: 4011-017-016
  • Lot Size Area: 4634

Rental Info

  • Owner Pays: Electricity, Water, Gardener, Gas
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Maghen Shala T and Maghen Houshmand D
Bought by
Crenshaw Boulevard Land Trust
Current Estimated Value
$1,382,885

Purchase Details

Closed on
Nov 15, 2001
Sold by
Long Violet E
Bought by
Retolaza Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,018
Interest Rate
6.62%
Mortgage Type
FHA
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
Crenshaw Boulevard Land Trust -- None Listed On Document
Retolaza Enrique $335,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Retolaza Enrique $326,018
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $1,225,000 -2.0% $353 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $1,250,000 -- $360 / Sq Ft
Source: The MLS

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 $16,811 $1,299,979 $955,087 $344,892
2024 $16,811 $1,274,490 $936,360 $338,130
2023 $16,634 $1,249,500 $918,000 $331,500
2022 $16,953 $1,225,000 $900,000 $325,000
2021 $6,912 $457,194 $136,472 $320,722
2020 $6,624 $452,507 $135,073 $317,434
2019 $6,516 $443,635 $132,425 $311,210
2018 $6,466 $434,937 $129,829 $305,108
2016 $6,106 $418,050 $124,789 $293,261
2015 $6,049 $411,771 $122,915 $288,856
2014 $6,052 $403,706 $120,508 $283,198
Source: Public Records

Agents Affiliated with this Home

  • Richard Rede

    Seller's Agent in 2021

    Richard Rede

    RR Realty & Investments

    (213) 604-1509

    1 in this area

    35 Total Sales

    Richard Rede
    Section Image
  • Bobby Zarrin

    Buyer's Agent in 2021

    Bobby Zarrin

    The Zarrin Group

    (310) 963-5998

    1 in this area

    5 Total Sales

    Bobby Zarrin
    Section Image
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Map

Source: The MLS

MLS Number: 21-726192

The MLS

APN: 4011-017-016

California Los Angeles County Inglewood 90305 Morningside Park

7921 Crenshaw Blvd, Inglewood, CA

This home is located at 7921 Crenshaw Blvd, Inglewood, CA 90305 since 30 April 2021 and is currently estimated at $1,382,885, approximately $398 per square foot. This property was built in 1953. 7921 Crenshaw Blvd is a home located in Los Angeles County with nearby schools including Monroe (Albert F.) Middle School, Inglewood High School, and Crete Academy.

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