NOT LISTED FOR SALE

Estimated Value: $914,000 - $1,099,813

6 Beds
3 Baths
2,380 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $790,000 $332 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,433/month

28 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 3 Detached Carport Spaces
  • End Unit
  • Laundry Room
  • Rectangular Lot

About This Home

As of October 2018

PRIME. LOCATION..LOCATION..LOCATION!!! You have the opportunity to own in the best area in Inglewood; Morninside Park. This beautifully maintained TRIPLEX showing pride of ownership and is really only minutes from the city’s new Los Angeles Rams Stadium and Entertainment District, the Hollywood Park Casino, the Arts District of Inglewood and LAX.
This pristine property is a rare find and with this square footage you can not find a Single Family Residence for this price!
Bring a great offer and add this gem to your investment portfolio!!!

Last Agent to Sell the Property

Janette Sterling

Janette Sterling, Broker License #01380090 Listed on: 08/22/2018

Last Buyer's Agent

Claire Rock

Berkshire Hathaway HomeServices Drysdale Prop License #01249131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,560

Year Built

  • Built in 1956

Lot Details

  • 8,506 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Rectangular Lot
  • Front Yard

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,380 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 23
  • Tax Tract Number 532
  • Assessor Parcel Number 4027028013

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,450
  • Insurance Expense $1,079
  • Trash Expense $1,000
  • Water Sewer Expense $906
  • New Taxes Expense $7,200
  • Operating Expense $11,635
  • Gross Income $45,000
  • Net Operating Income $33,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,560

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Morninside park
  • Water Sewer Expenses: 906.00
  • Zoning: INR1YY
  • Property Type: Residential Income
  • Gardener Expense: 1450.00
  • Parcel Number: 4027028013
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Levels: One
  • Price Per Square Foot: 331.93

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 8506.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1079.00
  • Net Operating Income: 33365.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11635.00
  • Rent Control: No
  • Total Actual Rent: 3750.00
  • Total Expenses: 11635.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Census Tract: 6007.02
  • Tax Lot: 23
  • Tax Tract Number: 532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 25, 2018
Sold by
Knight Rolando and Knight Claudette
Bought by
Chanman Thaiz
Seller's Agent
Janette Sterling
Janette Sterling, Broker
Buyer's Agent
Claire Rock
Berkshire Hathaway HomeServices Drysdale Prop
List Price
$760,000
Sold Price
$790,000
Premium/Discount to List
$30,000
3.95%
Current Estimated Value
$1,003,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,894
Avg. Annual Appreciation
3.68%
Original Mortgage
$505,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 21, 2009
Sold by
Knight Rolando and Knight Claudette
Bought by
Knight Rolando and Knight Claudette

Purchase Details

Closed on
Feb 8, 2006
Sold by
Winston Lenora C
Bought by
Knight Rolando S and Knight Claudia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,200
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2004
Sold by
Winston Gleno N and Winston Lenora C
Bought by
Winston Lenora C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Winston Gleno N and Winston Lenora C
Bought by
Winston Gleno N and Winston Lenora C
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
Chanman Thaiz $790,000 Wfg Lender Services
Knight Rolando -- None Available
Knight Rolando S $659,000 Commonwealth Land Title
Winston Lenora C -- Stewart Title Of Ca Inc
Winston Lenora C -- Stewart Title Of Ca Inc
Winston Gleno N -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chanman Thaiz $513,000
Closed Chanman Thaiz $505,000
Previous Owner Knight Rolando S $527,200
Previous Owner Winston Lenora C $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $790,000 +3.9% $332 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $760,000 -- $319 / 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 $11,560 $881,254 $705,005 $176,249
2024 $11,560 $863,976 $691,182 $172,794
2023 $11,441 $847,036 $677,630 $169,406
2022 $11,657 $830,429 $664,344 $166,085
2021 $11,552 $814,147 $651,318 $162,829
2020 $11,037 $805,800 $644,640 $161,160
2019 $10,856 $790,000 $632,000 $158,000
2018 $11,008 $791,480 $599,317 $192,163
2016 $6,239 $435,000 $345,600 $89,400
2015 $6,267 $435,000 $345,600 $89,400
2014 $6,382 $435,000 $345,600 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18218593

California Regional Multiple Listing Service (CRMLS)

APN: 4027-028-013