NOT LISTED FOR SALE

Inglewood, CA 90302

North Inglewood Neighborhood

Estimated Value: $1,331,000 - $2,204,584

8 Beds
7 Baths
5,204 Sq Ft
$357/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $1,128,888 $217 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $11,267/month

196 Days on Market

About This Home

As of September 2016

Unbeatable location in Northwest Inglewood, steps from Ladera Heights. Non rent-control building with room for further rent appreciation and possible establishment of NFL stadium just 3 miles southeast. Six secured parking spaces. Gated pool. Front units have balconies. Rents range from $1,300 to $1,730 with a unit mix of 1Bd/2Bd/3Bd. One unit remodeled in 2013. Laundry room downstairs in the building. This type of property rarely comes on the market. PLEASE DO NOT TALK TO THE TENANTS OR WALK ON THE PROPERTY AS TENANTS DO NOT KNOW BUILDING IS FOR SALE. Standard sale, not a reo or short sale. Make all offer subject to inspection.

Last Agent to Sell the Property

Eric Edmunds

Sean Perkin License #01977078 Listed on: 12/07/2015

Co-Listed By

Sean Perkin

Sean Perkin License #01366981

Last Buyer's Agent

Eric Edmunds

Sean Perkin License #01977078 Listed on: 12/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,118

Year Built

  • Built in 1964

Lot Details

  • 7,047

Interior Spaces

  • 5,204 Sq Ft Home
  • 2-Story Property
  • Washer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Driveway
  • Gated Parking

Additional Features

  • 7,047 Sq Ft Lot
  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4002-022-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,118

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5204
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Washer
  • Price Per S Q F T: 191.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool Expense: 1680.00
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Driveway - Concrete, Gated
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Electric Expense: 1800.00
  • Heating: Central
  • Water Expense: 3225.00

Fee Information

  • Gas Expense: 1250.00
  • Insurance Expense: 2074.00
  • Maintenance Expense: 3660.00
  • Trash Expense: 3600.00

Lot Info

  • Assessed Improvement Value: 377056
  • Assessed Land Value: 409844
  • Assessor Parcel Number: 4002-022-001
  • Geocode Override: No
  • Lot Size Area: 7047

Rental Info

  • Monthly Gross Income: 6085.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.34
  • Gross Scheduled Income: 6085.00
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 32778
  • Type Of Units: Unit 1
  • Vacancy Rate: 2196

Tax Info

  • Tax Expense: 13125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2017
Sold by
Leveen Robert Howard and Leveen Robert
Bought by
Leveen Robert Howard and The Robert Leveen Trust
Current Estimated Value
$1,812,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 7, 2015
Closed on
Aug 22, 2016
Sold by
Qlao Changhao
Bought by
Leveen Robert
Seller's Agent
Eric Edmunds
Sean Perkin
Buyer's Agent
Eric Edmunds
Sean Perkin
List Price
$999,000
Sold Price
$1,128,888
Premium/Discount to List
$129,888
13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$846,666
Outstanding Balance
$678,546
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,179,100

Purchase Details

Closed on
Jun 14, 2011
Sold by
Citibank N A
Bought by
Marwa Sameer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Rouzan Joseph T and Rouzan Karran M
Bought by
Citibank Na

Purchase Details

Closed on
Sep 28, 2004
Sold by
Rouzan Joseph T and Rouzan Marlene
Bought by
Rouzan Joseph T and Rouzan Karran M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2002
Sold by
Rouzan Joseph T and Rouzan Marlene
Bought by
Rouzan Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.06%
Mortgage Type
Balloon
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
Leveen Robert Howard -- None Available
Leveen Robert $1,129,000 North American Title Company
Marwa Sameer $535,000 Ticor Title Company
Citibank Na $771,907 Accommodation
Rouzan Joseph T $630,000 Stewart Title
Rouzan Joseph T -- Stewart Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert Leveen Trust $400,000
Closed Leveen Robert $158,400
Open Leveen Robert $846,666
Previous Owner Qiao Changhao $400,000
Previous Owner Marwa Sameer $401,250
Previous Owner Rouzan Joseph T $666,250
Previous Owner Rouzan Joseph T $102,500
Previous Owner Rouzan Joseph T $504,000
Previous Owner Rouzan Joseph T $315,000
Closed Rouzan Joseph T $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $1,128,888 +13.0% $217 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $999,000 0.0% $192 / Sq Ft
05/04/2016 05/04/16 Price Changed $999,000 -11.5% $192 / Sq Ft
04/01/2016 04/01/16 Off Market $1,128,888 -- --
12/07/2015 12/07/15 For Sale $1,050,000 +36.7% $202 / Sq Ft
05/29/2013 05/29/13 Sold $768,000 +3.9% $148 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $739,000 -- $142 / Sq Ft
Source: The MLS

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 $16,118 $1,230,215 $736,970 $493,245
2024 $16,118 $1,206,094 $722,520 $483,574
2023 $15,950 $1,182,446 $708,353 $474,093
2022 $16,250 $1,159,262 $694,464 $464,798
2021 $17,063 $1,210,393 $725,880 $484,513
2020 $16,296 $1,197,982 $718,437 $479,545
2019 $16,028 $1,174,493 $704,350 $470,143
2018 $15,987 $1,151,465 $690,540 $460,925
2016 $11,162 $798,900 $416,094 $382,806
2015 $11,063 $786,900 $409,844 $377,056
2014 $11,056 $771,486 $401,816 $369,670
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eric Edmunds

    Sean Perkin

    Section Image
  • Sean Perkin

    Seller Co-Listing Agent in 2016

    Sean Perkin

    Sean Perkin

    (310) 569-5560

    4 Total Sales

    Section Image

  • S

    Seller's Agent in 2013

    Suminda Sellahewa

    Avarnka Real Estate, Inc.

    (310) 621-1563

    34 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Subscriber Non

    Non-Participant Office

See All Agents

Source: The MLS

MLS Number: 15-961703

The MLS

APN: 4002-022-001

California Los Angeles County Inglewood 90056

North Inglewood

This home since 07 December 2015 and is currently estimated at $1,857,646, approximately $356 per square foot. This property was built in 1964. This home is a home located in Los Angeles County with nearby schools including Parent (Frank D.) Elementary School, Inglewood High School, and Wilder's Preparatory Academy Charter School.

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