Seller's Agent in 2019
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
5 in this area
144 Total Sales
811 Austin Ave Inglewood, CA 90302
North Inglewood Neighborhood
6
Beds
6
Baths
10,210
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- Laundry Room
- Landscaped
- Private Yard
About This Home
As of January 2019811 Austin Avenue is an eight-unit apartment complex situated on a large 12,881 SF lot located in the highly sought-after NW corridor of Inglewood. All eight units are comprised of 2-bedrooms/1.75-bathrooms and are extremely large, averaging more than 1,275 SF per unit! The units are well laid out and feature walk-in closets. Many of the units have been upgraded with vinyl plank flooring and LED lighting. In addition, every unit has its own private patio or balcony (several are enclosed adding even more living space). The property has gated parking with phone entry allowing tenants access to nine carport spaces (each with a private storage cabinet). Onsite amenities include a laundry room with a washer & dryer and separate storage room. The structure was built in 1961, has a pitched composition shingle roof, and has partial copper plumbing. The annualized gross scheduled income is more than $190,000 and offers potential buyers nearly 15% in rental upside! At $262 PSF this investment opportunity will not last long!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 09/21/2018
Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 0.3 Acre Lot
- No Common Walls
- Landscaped
- Private Yard
- Front Yard
Parking
- 9 Car Garage
Interior Spaces
- 10,210 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 289
- Tax Tract Number 1062
- Assessor Parcel Number 4017021014
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,500
- Fuel Expense $1,500
- Insurance Expense $3,574
- Maintenance Expense $5,815
- Professional Management Expense $9,692
- Trash Expense $1,500
- Water Sewer Expense $1,500
- New Taxes Expense $36,593
- Operating Expense $62,874
- Gross Income $192,360
- Net Operating Income $121,356
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/10/2019 01/10/19 | Sold | $2,625,000 | -1.9% | $257 / Sq Ft | |
| 10/16/2018 10/16/18 | Pending | -- | -- | -- | |
| 09/21/2018 09/21/18 | For Sale | $2,675,000 | +7.0% | $262 / Sq Ft | |
| 08/28/2017 08/28/17 | Sold | $2,500,000 | +8.7% | $245 / Sq Ft | View Prior Sale |
| 07/12/2017 07/12/17 | Pending | -- | -- | -- | |
| 06/16/2017 06/16/17 | For Sale | $2,300,000 | -- | $225 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Brett Lyon
-
Woody Stahl
Seller Co-Listing Agent in 2019
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
5 in this area
152 Total Sales
-
Nico Rosmarin
Buyer's Agent in 2019
Nico Rosmarin
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
2 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18231511
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 7208 S La Cienega Blvd
- 805 Industrial Ave Unit 28
- 738 Venice Way
- 710 Venice Way Unit 1-2
- 7562 Midfield Ave
- 715 W Hyde Park Blvd
- 7559 Midfield Ave
- 7030 Ramsgate Ave
- 610 Venice Way Unit 104
- 7706 Hindry Ave
- 855 Victor Ave Unit 111
- 532 Venice Way Unit 8
- 5400 Thornburn St
- 5401 Thornburn St
- 7701 Hindry Ave
- 620 W Hyde Park Blvd Unit 126
- 7137 Ramsgate Ave
- 5467 W 76th St
- 852 W Beach Ave Unit 4
- 6919 Knowlton Place
- 7234 S La Cienega Blvd
- 7234 S La Cienega Blvd Unit 4
- 7234 S La Cienega Blvd
- 821 Austin Ave
- 7230 La Cienega Blvd
- 7230 La Cienega Blvd Unit 4
- 823 Austin Ave
- 7216 S La Cienega Blvd
- 827 Austin Ave Unit 1
- 810 Austin Ave
- 819 Industrial Ave
- 7212 S La Cienega Blvd Unit C
- 7212 S La Cienega Blvd
- 7212 S La Cienega Blvd Unit E
- 7245 S La Cienega Blvd
- 831 Austin Ave
- 831 Austin Ave Unit 1
- 831 Austin Ave Unit 3
- 831 Austin Ave Unit 5
- 831 Austin Ave Unit 2