NOT LISTED FOR SALE

Estimated Value: $1,135,000 - $1,810,393

8 Beds
4 Baths
4,038 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $1,325,000 $328 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,566/month

39 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Laundry Room

About This Home

As of May 2019

Location! Location! Location! Great opportunity to own a rental property in the beautiful city of Inglewood. This 4 plex is minutes from the Inglewood Park Casino, The Forum and The New Inglewood Stadium. Each unit has 2 spacious bedroom with spacious bedroom closets, with one bath in each unit, and spacious linen closets. Some units have been upgraded. Only one of the units will need some cosmetic repairs. Unit one and unit 2 has their own private backyard and patio area. Unit 3 and Unit 4 are upstairs with a view of Inglewood and the stadium. Each unit has a 2 car parking space. One garage space and one parking space in front of the garage. The building has two commercial washer machine and dryers ($1.50 to wash and $1.00 to dry). All units are fully occupied. The building is sold as is and with the tenants. Don't miss this opportunity to own an income property in Inglewood.

Last Agent to Sell the Property

Anna 'Queen ' Tutt

Real Brokerage technologies License #01831048 Listed on: 01/14/2019

Real Brokerage technologies

Last Buyer's Agent

Sophia De La Vara

Keller Williams License #01127097

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,136

Year Built

  • Built in 1955

Lot Details

  • 7,193 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • 4,038 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 16139
  • Assessor Parcel Number 4025015005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $514
  • Gardener Expense $600
  • Insurance Expense $1,940
  • Maintenance Expense $300
  • Other Expense $76
  • Pest Control $250
  • Trash Expense $1,153
  • Water Sewer Expense $1,153
  • New Taxes Expense $12,774
  • Operating Expense $18,761
  • Gross Income $2,100
  • Net Operating Income $58,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,136

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1153.00
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4025015005
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 328.13

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Gas & Electric Dryer Hookup
  • Pest Control Expense: 249.96
  • Sewer: Public Sewer
  • Trash Expense: 1153.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7193.00
  • Lot Size Acres: 0.1651

Multi Family

  • Electric Expense: 514.44
  • Gross Income: 2100.00
  • Gross Scheduled Income: 77700.00
  • Insurance Expense: 1939.80
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2100.00
  • Lot Size Area: 7193.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 58939.50
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 18760.50
  • Other Expense: 75.96
  • Other Expense Description: Sears
  • Rent Control: No
  • Total Expenses: 18760.50

Tax Info

  • New Taxes Expense: 12774.00
  • Tax Census Tract: 6007.02
  • Tax Lot: 23
  • Tax Tract Number: 16139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Zbs Law Llp
Bought by
Great Lake Funding I Trust
Current Estimated Value
$1,519,848

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 7, 2019
Sold by
Thomas Alex
Bought by
Thomas Brasle Maria
Seller's Agent
Anna 'Queen ' Tutt
Real Brokerage technologies
Buyer's Agent
Sophia De La Vara
Keller Williams
List Price
$1,425,000
Sold Price
$1,325,000
Premium/Discount to List
-$100,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%

Purchase Details

Closed on
Mar 4, 2019
Sold by
Light Sylvia
Bought by
Thomas Brasie Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2018
Sold by
Light Sylvia and Light Brent Sharone
Bought by
Light Sylvia

Purchase Details

Closed on
Dec 20, 2016
Sold by
Light Sylvia
Bought by
Light Sylvia and Light Brent Sharone

Purchase Details

Closed on
May 23, 2006
Sold by
Ndubaku Victoria
Bought by
Light Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
Pea Eugene
Bought by
Light Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2001
Sold by
The Willowbrook Company
Bought by
Ndubaku Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8%

Purchase Details

Closed on
Oct 26, 2001
Sold by
Ndubaku Rowland
Bought by
Ndubaku Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8%
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
Great Lake Funding I Trust $1,125,000 None Listed On Document
Thomas Brasle Maria -- Fidelity National Title Co
Thomas Brasie Maria $1,325,000 Fidelity National Title Co
Light Sylvia -- Accommodation
Light Sylvia -- Accommodation
Light Sylvia $775,000 Fidelity National Title Co
Light Sylvia -- Fidelity National Title Co
Ndubaku Victoria $340,000 American Title Co
Ndubaku Victoria -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Brasie Maria $1,060,000
Previous Owner Light Sylvia $620,000
Previous Owner Light Sylvia $155,000
Previous Owner Ndubaku Victoria $272,000
Closed Ndubaku Victoria $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2019 05/13/19 Sold $1,325,000 -7.0% $328 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $1,425,000 -- $353 / 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 $19,136 $1,478,058 $942,611 $535,447
2024 $19,136 $1,449,078 $924,129 $524,949
2023 $18,936 $1,420,665 $906,009 $514,656
2022 $19,300 $1,392,810 $888,245 $504,565
2021 $19,122 $1,365,501 $870,829 $494,672
2019 $5,138 $930,803 $762,661 $168,142
2018 $12,774 $912,553 $747,707 $164,846
2016 $9,693 $691,000 $552,800 $138,200
2015 $9,740 $691,000 $552,800 $138,200
2014 $8,714 $600,000 $480,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19011406

California Regional Multiple Listing Service (CRMLS)

APN: 4025-015-005