NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,121,000

5 Beds
4 Baths
2,539 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2015

Last sale price $630,000 $248 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,746 / mo

13 Days on Market

About This Home

As of August 2015

This desirable one story quadruplex is situated on a 9,740 sq/ft. lot & is located less than half a mile from the Hollywood Park redevelopment project in Inglewood and 0.1 miles from Centinela Hospital. The property includes a 2 bedroom, 1 bath house, and a triplex composed of 1 bedroom, 1 bath units. Every unit includes individual water heater and laundry! House has its own patio and front yard. It is zoned R3!

Last Agent to Sell the Property

Reyn Hornwood

eXp Realty of California Inc License #01955792 Listed on: 07/07/2015

eXp Realty of California Inc

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Raul Leon

BLVD ESTATE PROPERTIES License #01943183

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 7,940 Sq Ft Lot
  • Lot Dimensions are 41x194
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,539 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 8 / 357
  • Tax Tract Number 6010
  • Assessor Parcel Number 4024004008

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,143
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,125
  • Gross Income $2,425
  • Net Operating Income $11,092

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

7,940 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 1.71
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Parcel Number: 4024004008
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 248.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 41x194
  • Lot Size Sq Ft: 7940.00
  • Price Per Lot Square Foot: 79.35
  • Lot Size Acres: 0.1820

Multi Family

  • Gross Income: 2425.00
  • Gross Multiplier: 22.34
  • Gross Scheduled Income: 29100.00
  • Insurance Expense: 1143.00
  • Lot Size Area: 7940.0000 Square Feet
  • Net Operating Income: 11092.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 16553.00
  • Operating Expense Percent: 57.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Area: 4569
  • Tax Block: 357
  • Tax Lot: 8
  • Tax Tract Number: 6010.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 1, 2015
Sold by
Bought by
Seller's Agent
Reyn Hornwood
eXp Realty of California Inc
Buyer's Agent
Raul Leon
BLVD ESTATE PROPERTIES
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$1,062,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,975
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Fidelity National Title Co
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $630,000 -3.1% $248 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $650,000 -- $256 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,707 $745,786 $627,409 $118,377
2024 $9,999 $731,163 $615,107 $116,056
2023 $9,895 $716,828 $603,047 $113,781
2022 $10,074 $702,773 $591,223 $111,550
2021 $9,987 $688,994 $579,631 $109,363
2020 $9,550 $681,930 $573,688 $108,242
2019 $9,394 $668,560 $562,440 $106,120
2018 $9,334 $655,452 $551,412 $104,040
2016 $8,793 $630,000 $530,000 $100,000
2015 $1,943 $97,994 $63,507 $34,487
2014 $1,962 $96,075 $62,263 $33,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15147621

California Regional Multiple Listing Service (CRMLS)

APN: 4024-004-008

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