NOT LISTED FOR SALE

803 N Eucalyptus Ave Inglewood, CA 90302

North Inglewood Neighborhood
14 Beds
12 Baths
9,028 Sq Ft
0.57 Acres

Last Sold November 19, 2015

Last sale price $2,125,000 $235 Per Sq Ft

24 Days on Market

Highlights

  • 0.57 Acre Lot
  • 12 Car Garage
  • 1-Story Property

About This Home

As of November 2015

Rare offering. Double parcel, over 25,000 SF of Land, Apx 100x250 !! Zoned R3. Possible Development potential of 22 units.(Buyer to verify). Currently 2 Single story building, 6 units each W/ a large landscaped courtyard. Buildings desirably set back from the street. Street front has 12 car garages W/ additional 12 car parking in front of garage. Special property with Bungalow style walk up entry units, not a corridor style apartment. Each unit w/ private rear patio/yard. Units feel like a cottage home, providing for higher than normal rents and effectively very low vacancy factor. Aprx 5.4 CAP rate.Long term tenants feel a sense of community. 10-1 bed room 1 bath and 2-2 bedroom 1 bath units. 2 bedroom units have very large rear yards, like renting a home. Units w/ Individual water heaters, separately metered for gas and electric, creating low expenses. Routinely maintained building with high rental income, low expenses & low management effort. win-win investment. Don't miss this sale

Last Agent to Sell the Property

Anoop Garg

The Real Estate Consult. Wstsd License #01060730 Listed on: 08/31/2015

Last Buyer's Agent

Austin Chen

Keller Williams Beverly Hills License #01898306

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x250

Parking

  • 12 Car Garage
  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 9,028 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 12 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 12 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4017-009-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

12

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 9028
  • Lot Acreage: 0.5740
  • Lot Dimensions: 100x250
  • Probate: No
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 232.00

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Garage Spaces: 12
  • Other Spaces: 12
  • Covered Parking: 12
  • Parking Garage: Assigned, Detached, Garage - 1 Car, Garage Is Detached, Parking Space, Private Garage
  • Total Parking: 24

Utilities

  • Electric Expense: 528.00
  • Heating: Wall Gas
  • Water Expense: 4080.00

Fee Information

  • Insurance Expense: 2800.00
  • Maintenance Expense: 6552.00
  • Trash Expense: 2676.00

Lot Info

  • Assessed Improvement Value: 429000
  • Assessed Land Value: 1005000
  • Total Assessed Value: 1434000
  • Assessor Parcel Number: 4017-009-020
  • Geocode Override: No
  • Lot Size Area: 25023

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Rent Control: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.80
  • Number Of Units: 12
  • Total Annual Expense: 51182
  • Type Of Units: Bunglow styl
  • Vacancy Rate: 2

Tax Info

  • Tax Expense: 29400.00

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

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $2,125,000 +1.2% $235 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $2,099,000 -- $232 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anoop Garg

    The Real Estate Consult. Wstsd

    Section Image
  • Austin Chen

    Buyer's Agent in 2015

    Austin Chen

    Keller Williams Beverly Hills

    (310) 432-6400

    1 in this area

    21 Total Sales

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Map

Source: The MLS

MLS Number: 15-937033

The MLS

California Los Angeles County Inglewood 90302 North Inglewood

803 N Eucalyptus Ave, Inglewood, CA

This home is located at 803 N Eucalyptus Ave, Inglewood, CA 90302 since 31 August 2015. This property was built in 1955. 803 N Eucalyptus Ave is a home located in Los Angeles County with nearby schools including Highland Elementary School, Crozier (George W.) Middle School, and Inglewood High School.

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