NOT LISTED FOR SALE

Estimated Value: $940,000 - $1,033,000

8 Beds
4 Baths
3,096 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 11, 2016

Last sale price $515,000 $166 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,981/month

90 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Fireplace
  • Living Room
  • Wall Furnace

About This Home

As of November 2016

2 Beautiful newer style units with a modern design and lots of space. These 2 units are located just south of Inglewood in a NON RENT CONTROL area of Los Angeles. They're perfect for buyers that are looking for CASHFLOW!!! This property i just a few miles from the new Los Angeles Rams stadium development. Each unit features 4 Bedrooms and 2 Bathrooms. Both are spacious units best for larger families. Property will be sold in its present physical condition. All offer must be subject to interior inspection. Please don't disturb the tenants. Drive by only. Termite completion will be paid for by the seller.

Last Agent to Sell the Property

Sergio Martinez

Pak Home Realty License #01358473 Listed on: 09/23/2016

Pak Home Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,585

Year Built

  • Built in 2004

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,096 Sq Ft Home
  • Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • No Permits for Pool
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 6084
  • Assessor Parcel Number 6055025029

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $917
  • Maintenance Expense $300
  • Water Sewer Expense $1,780
  • New Taxes Expense $4,642
  • Gross Income $4,400
  • Net Operating Income $45,109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,585

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1780.00
  • Property Type: Residential Income
  • Parcel Number: 6055025029
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 166.34
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Features: No Permits

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6000.00
  • Price Per Lot Square Foot: 87.50

Multi Family

  • Gross Income: 4400.00
  • Gross Multiplier: 10.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 917.00
  • Maintenance Expense: 300.00
  • Net Operating Income: 45109.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7639.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4642.00
  • Tax Lot: 13
  • Tax Tract Number: 6084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Haj-Eid Haifa J
Bought by
Haj-Eid Family Trust
Current Estimated Value
$983,721

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 18, 2016
Sold by
Montiel Robert L and Montiel Arianna M
Bought by
Haj Eid Haifa J
Seller's Agent
Sergio Martinez
Pak Home Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$386,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Oc Iii Properties Llc
Bought by
Montiel Robert L and Montiel Arianna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,127
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2010
Sold by
Castro Jorge Antonio
Bought by
Oc Iii Properties Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Y L Enterprises Inc
Bought by
Castro Jorge Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 23, 2004
Sold by
Lajoma Corp
Bought by
Varela Federico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2004
Sold by
Chase Joann B
Bought by
Chase Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Chase Robert E and Chase James T
Bought by
Lajoma Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Haj-Eid Family Trust -- None Listed On Document
Haj Eid Haifa J $515,000 Fidelity National Title Co
Montiel Robert L $350,000 First American Title Company
Oc Iii Properties Llc -- First American Title Company
Castro Jorge Antonio $620,000 Security Union Title
Y L Enterprises Inc -- Security Union Title
Varela Federico $425,000 Fidelity National Title Comp
Chase Robert E -- --
Chase James T -- --
Lajoma Corp $360,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haj Eid Haifa J $375,000
Previous Owner Haj Eid Haifa J $386,250
Previous Owner Montiel Robert L $341,127
Previous Owner Y L Enterprises Inc $93,000
Previous Owner Castro Jorge Antonio $496,000
Previous Owner Varela Federico $482,000
Previous Owner Varela Federico $340,000
Previous Owner Lajoma Corp $285,000
Previous Owner Lajoma Corp $320,000
Closed Varela Federico $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2016 11/11/16 Sold $515,000 -1.9% $166 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $525,000 0.0% $170 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $525,000 -- $170 / 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 $7,585 $597,696 $359,779 $237,917
2024 $7,585 $585,977 $352,725 $233,252
2023 $7,450 $574,488 $345,809 $228,679
2022 $7,121 $563,225 $339,029 $224,196
2021 $7,019 $552,182 $332,382 $219,800
2019 $6,818 $535,806 $322,524 $213,282
2018 $6,674 $525,300 $316,200 $209,100
2016 $4,688 $371,362 $265,259 $106,103
2015 $4,622 $365,785 $261,275 $104,510
2014 $4,648 $358,620 $256,157 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16151599

California Regional Multiple Listing Service (CRMLS)

APN: 6055-025-029