NOT LISTED FOR SALE

Estimated Value: $803,000 - $1,037,000

3 Beds
2 Baths
1,414 Sq Ft
$641/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $630,000 $446 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,648/month

160 Days on Market

Highlights

  • Laundry Room
  • Wrought Iron Fence
  • Wall Furnace
  • Bungalow

About This Home

As of December 2019

As of September 27, 2019 Back on the Market. The buyer could not perform. Great Opportunity to own TWO separate houses on Corner Lot in The City of Champions; which is experiencing exponential growth. Property is valued at $800,000 (After Remodel) & selling for only $630K.

Both houses are separately metered for Gas, Water & Electrical = LOW overhead & Savings for Investor.

833 N. Inglewood Ave =2 bed & 1 Bath house w/2 car garage, laundry room, gated front yard & private backyard. The tenant was paying pays only $1,900.

Remodeled this HOUSE will lease for about $2,500. Add bed & bath & it will lease for about $2,800. 306 W. Plymouth = 1 bed & 1 bath house w/ front yard & private backyard. Tenant only pays $1,350. Remodeled this HOUSE will lease for $1,900. Add 1 bedroom & it will lease for $2,200.

According to the city, you can add square feet to the houses. Buyer to check with city. Property is 5 minutes from New $5 Billion Dollar Development that includes NFL Stadium for the Rams & Chargers & NEW NBA Clippers arena.

Last Agent to Sell the Property

Randy Marin

Success with Integrity Realty License #01358754 Listed on: 05/07/2019

Last Buyer's Agent

Michael Wattenbarger

Compass License #01942933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,924

Year Built

  • Built in 1920

Lot Details

  • 5,853 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,414 Sq Ft Home
  • Bungalow
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 44
  • Tax Tract Number 6013
  • Assessor Parcel Number 4017011001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • New Taxes Expense $5,920
  • Operating Expense $8,420
  • Gross Income $39,000
  • Net Operating Income $30,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,924

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: INR3YY
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 4017011001
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 445.54

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5853.00
  • Lot Size Acres: 0.1344

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 562 Square Feet
  • Average2 Bed Area: 852 Square Feet
  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5853.0000 Square Feet
  • Net Operating Income: 30580.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8420.00
  • Rent Control: No
  • Total Actual Rent: 3250.00
  • Total Expenses: 8420.00

Tax Info

  • New Taxes Expense: 5920.00
  • Tax Census Tract: 6013.03
  • Tax Lot: 44
  • Tax Tract Number: 6013.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Nov 20, 2019
Sold by
Equitable Investments Inc
Bought by
Luntz Jill M
Seller's Agent
Randy Marin
Success with Integrity Realty
Buyer's Agent
Michael Wattenbarger
Compass
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$907,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,052
Avg. Annual Appreciation
5.58%
Original Mortgage
$608,973
Outstanding Balance
$534,345
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$328,070

Purchase Details

Closed on
Jan 24, 2018
Sold by
Ortega Raul and Taban Nejad Sandra
Bought by
Equitable Investments Inc and Management Solutions Llc

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 14, 2017
Sold by
Hp Capital Investments Inc
Bought by
Ortega Raul and Taban Nejad Sandra
Seller's Agent
Randy Marin
Success with Integrity Realty
Buyer's Agent
Randy Marin
Success with Integrity Realty
List Price
$474,900
Sold Price
$425,000
Premium/Discount to List
-$49,900
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$307,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2016
Closed on
Dec 30, 2016
Sold by
Shaw Beulah and Beulah Shaw Property Trust
Bought by
H P Capital Investments Inc
Seller's Agent
Christopher Williams
Christopher Williams
Buyer's Agent
Christopher Williams
Christopher Williams
List Price
$545,000
Sold Price
$405,000
Premium/Discount to List
-$140,000
-25.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
Original Mortgage
$331,900
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2016
Sold by
Shaw Beulah
Bought by
Shaw Beulah and Beaulah Shaw Separate Property

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2014
Sold by
Shaw Beulah and Beulah Shaw Separate Property
Bought by
Shaw Beulah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Shaw Beulah
Bought by
Shaw Beulah and Beulah Shaw Separate Property

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Shaw Beulah and Beulah Shaw Separate Property
Bought by
Shaw Beulah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2006
Sold by
Shaw Beulah and Fortier Family Trust
Bought by
Shaw Beulah and The Beulah Shaw Separate Prope

Purchase Details

Closed on
Nov 4, 2005
Sold by
Shaw Beulah and Fortier Family Trust
Bought by
Shaw Beulah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 24, 2002
Sold by
Shaw Beulah
Bought by
Fortier Nathaniel Alex and Fortier Beulah Shaw

Purchase Details

Closed on
Dec 23, 1996
Sold by
Fortier Nathaniel A
Bought by
Shaw Beulah

Purchase Details

Closed on
Aug 29, 1996
Sold by
Fortier Phyllis J and Fortier Nathaniel A
Bought by
Fortier Nathaniel A and Shaw Beulah
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
Luntz Jill M $630,000 Stewart Title Of Ca Inc
Equitable Investments Inc -- None Available
Ortega Raul $410,000 Orange Coast Title
H P Capital Investments Inc $400,000 Oct
Shaw Beulah -- Title 365
Shaw Beulah -- Title365
Shaw Beulah -- Title365
Shaw Beulah -- Accommodation
Shaw Beulah -- Old Republic Title Company
Shaw Beulah -- None Available
Shaw Beulah -- Ticor Title Co Of California
Fortier Nathaniel Alex -- --
Shaw Beulah -- --
Fortier Nathaniel A -- Fidelity National Title
Fortier Nathaniel A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luntz Jill M $608,973
Previous Owner Ortega Raul $307,500
Previous Owner H P Capital Investments Inc $331,900
Previous Owner Shaw Beulah $262,500
Previous Owner Shaw Beulah $251,250
Previous Owner Shaw Beulah $266,500
Previous Owner Shaw Beulah $250,000
Previous Owner Shaw Beulah $91,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $630,000 0.0% $446 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $630,000 0.0% $446 / Sq Ft
08/20/2019 08/20/19 Price Changed $630,000 +3.4% $446 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $609,000 +43.3% $431 / Sq Ft
05/11/2017 05/11/17 Sold $425,000 -10.5% $301 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $474,900 +17.3% $336 / Sq Ft
12/30/2016 12/30/16 Sold $405,000 -24.9% $286 / Sq Ft
10/11/2016 10/11/16 Price Changed $539,000 -1.1% $381 / Sq Ft
09/30/2016 09/30/16 For Sale $545,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,924 $688,993 $524,948 $164,045
2024 $8,924 $675,484 $514,655 $160,829
2023 $8,832 $662,240 $504,564 $157,676
2022 $9,003 $649,256 $494,671 $154,585
2021 $8,919 $636,526 $484,972 $151,554
2020 $8,517 $630,000 $480,000 $150,000
2019 $5,949 $426,564 $312,120 $114,444
2018 $5,920 $418,200 $306,000 $112,200
2016 $2,829 $185,755 $131,033 $54,722
2015 $2,803 $182,966 $129,065 $53,901
2014 $2,808 $179,383 $126,537 $52,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19106265

California Regional Multiple Listing Service (CRMLS)

APN: 4017-011-001