NOT LISTED FOR SALE

Estimated Value: $1,297,000 - $1,669,000

8 Beds
4 Baths
4,073 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,240,000 $304 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,129/month

23 Days on Market

About This Home

As of April 2021

9817 Crenshaw in Inglewood is a 4 unit apartment building situated on approximately 7,191 sq ft lot per assessor. This great building was built in 1955 and has rentable sq/foot of approximately 4,073. Unit one has proforma rent of $2,200. The spacious four units consists of all 2 bedroom/ 1 bath apartments. This is subject to the statewide rent control of 5% + CPI. Also, excellent opportunity for an investor to obtain 30-year fixed residential financing at low interest rates. The property is located in a thriving area of Inglewood close to schools, shopping, restaurants and SoFi Stadium. Buyers to independently investigate the accuracy of all the information pertaining to the property and conduct their own due diligence through appropriate professionals. Broker has not verified the accuracy of the information provided.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 03/09/2021

Keller Williams Realty Calabasas

Last Buyer's Agent

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 03/09/2021

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,442

Year Built

  • Built in 1955

Lot Details

  • 7,191 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • 4,073 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 16139
  • Assessor Parcel Number 4025015013

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $876
  • Water Sewer Expense $3,444
  • New Taxes Expense $15,000
  • Operating Expense $11,319
  • Gross Income $78,024
  • Net Operating Income $55,403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,442

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3444.20
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 4025015013
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 304.44

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • 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: Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 7191.00
  • Lot Size Acres: 0.1651

Multi Family

  • Gross Income: 78024.00
  • Gross Scheduled Income: 78024.00
  • Insurance Expense: 876.15
  • Lot Size Area: 7191.0000 Square Feet
  • Net Operating Income: 55402.91
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 20280.00
  • Rent Control: Yes
  • Total Expenses: 11318.71

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 6007.02
  • Tax Lot: 31
  • Tax Tract Number: 16139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 7, 2021
Sold by
Harris Edward Eugene and Harris Sandra Ann
Bought by
Rh & T Llc
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Anie Mayelian
Keller Williams Realty Calabasas
List Price
$1,200,000
Sold Price
$1,240,000
Premium/Discount to List
$40,000
3.33%
Current Estimated Value
$1,408,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,527
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Mar 25, 1994
Sold by
Wilson Tommie Lee and Wilson Burneace
Bought by
Harris Edward Eugene and Harris Sandra Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.1%
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
Rh & T Llc $1,240,000 First American Title
Harris Edward Eugene $300,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Edward Eugene $600,000
Previous Owner Harris Edward Eugene $625,000
Previous Owner Harris Edward Eugene $560,000
Previous Owner Harris Edward Eugene $525,000
Previous Owner Harris Edward Eugene $410,000
Previous Owner Harris Edward Eugene $354,749
Previous Owner Harris Edward Eugene $385,000
Previous Owner Harris Edward Eugene $318,750
Previous Owner Harris Edward Eugene $240,000
Closed Harris Edward Eugene $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,240,000 +3.3% $304 / Sq Ft
03/09/2021 03/09/21 For Sale $1,200,000 -- $295 / 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 $17,442 $1,342,214 $1,082,432 $259,782
2024 $17,442 $1,315,897 $1,061,208 $254,689
2023 $17,259 $1,290,096 $1,040,400 $249,696
2022 $17,589 $1,264,800 $1,020,000 $244,800
2021 $7,299 $471,050 $235,525 $235,525
2020 $6,998 $466,220 $233,110 $233,110
2019 $6,888 $457,080 $228,540 $228,540
2018 $6,814 $448,118 $224,059 $224,059
2016 $6,435 $430,718 $215,359 $215,359
2015 $6,377 $424,250 $212,125 $212,125
2014 $6,382 $415,940 $207,970 $207,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21046315

California Regional Multiple Listing Service (CRMLS)

APN: 4025-015-013