NOT LISTED FOR SALE

804 E Kelso St Inglewood, CA 90301

13 Beds
7 Baths
5,670 Sq Ft
7,362 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $1,525,000 $269 Per Sq Ft

29 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • 1 Car Garage
  • Property is near public transit
  • Central Heating and Cooling System
  • Bike Trail

About This Home

As of March 2024

An exceptional opportunity awaits to own this remarkable income property. This six-unit complex presents a front owner's unit, offering a spacious layout of 3 bedrooms and 2 baths. Enjoy the luxurious ensuite bath featuring double sinks, complemented by a cozy fireplace, an exclusive inside laundry area, and the convenience of a one-car garage. The unit also boasts a private yard bordered by a privacy hedge.
The remaining units, each comprising 2 bedrooms and 1 bath, provide comfortable living spaces for tenants. The individual garage spaces are smartly positioned at the rear of the property, ensuring convenience and accessibility.
Notably, the property features a recently constructed concrete block fence along the west side, enhancing privacy and security. Modern amenities include newer air conditioning and heating systems installed in each unit, ensuring comfort year-round.
Ideally situated mere steps away from the KIA Forum and a short distance from the prestigious SoFi complex, this property offers unparalleled proximity to local attractions. Its strategic location provides effortless access to LAX and major freeways, catering to convenience and accessibility.
Surrounded by a blend of single-family homes and multiunit dwellings, the neighborhood exudes a harmonious residential atmosphere. Additionally, an elementary school in close proximity adds to the appeal of this locale, making it an enticing prospect for families and renters alike.

Last Agent to Sell the Property

Josie Jellick

Century 21 Masters License #00961685 Listed on: 01/01/2024

Century 21 Masters

Last Buyer's Agent

Yunus Hopkinson

Keller Williams Encino-Sherman Oaks License #02071440

Keller Williams Encino-Sherman Oaks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,362 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 1 Car Garage
  • 5 Carport Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 5,670 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 18 / 347
  • Assessor Parcel Number 4021038020

Community Details

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,525
  • Gardener Expense $840
  • Insurance Expense $2,030
  • Maintenance Expense $4,022
  • Pest Control $385
  • Professional Management Expense $4,800
  • Trash Expense $4,091
  • Water Sewer Expense $4,000
  • Operating Expense $22,708
  • Gross Income $101,152
  • Net Operating Income $101,152

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 274533
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 4000.00
  • Zoning: INP1VV
  • Architectural Style: Contemporary
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 4021038020
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 268.96
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Garage, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area
  • Pest Control Expense: 385.00
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 4091.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 7362.00
  • Lot Size Acres: 0.1690

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1524.90
  • Gross Income: 101152.00
  • Gross Scheduled Income: 123256.00
  • Insurance Expense: 2029.70
  • Lot Size Area: 7362.0000 Square Feet
  • Maintenance Expense: 4022.00
  • Net Operating Income: 101152.30
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 22104.00
  • Rent Control: Yes
  • Total Expenses: 22708.38

Tax Info

  • Tax Block: 347
  • Tax Census Tract: 6010.02
  • Tax Lot: 18

Range of Values:

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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
03/01/2024 03/01/24 Sold $1,525,000 -7.4% $269 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $1,647,200 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24000116

California Regional Multiple Listing Service (CRMLS)