NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,679,000

8 Beds
6 Baths
3,648 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $1,000,000 $274 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,249/month

86 Days on Market

About This Home

As of June 2019

75 PRICE REDUCTION" "BACK ON THE MARKET" Buyer failed to perform, Great Opportunity!!!! This is one of the best investment opportunities in all of Inglewood. This well maintained building sits on a large 6,458 square foot lot in a great location just minutes away from world-class shopping, fine dining, The Forum, entertainment, the new Ram’s Stadium that is under construction, and Manhattan Beach. Here are a few of its other features: A total of approximately 3,648 square feet of living space, Two 3 bedroom, 1½ bath units; One is vacant and ready to move into, Two 1 bedroom, 1 bath units, Each unit has its own gas, electric and water heaters, Most of the windows have been upgraded to double pane, All the plumbing was upgrade it to copper, Community coin laundry room, With its detached garage and triple wide carport there is plenty of secure off street parking, Great way to underwrite your mortgage by living in one and renting the others, Call now for all the details and I’ll gladly arrange a private tour.

Last Agent to Sell the Property

Ramon Castro

Park Regency Realty License #01459682 Listed on: 01/15/2019

Park Regency Realty

Last Buyer's Agent

Ramon Castro

Park Regency Realty License #01459682 Listed on: 01/15/2019

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,580

Year Built

  • Built in 1957

Lot Details

  • 6,422 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 3 Carport Spaces

Home Design

  • 3,648 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7,8
  • Tax Tract Number 18340
  • Assessor Parcel Number 4017020047

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $1,480
  • Trash Expense $950
  • Water Sewer Expense $1,990
  • New Taxes Expense $16,500
  • Operating Expense $21,460
  • Gross Income $71,400
  • Net Operating Income $69,440

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,580

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1990.00
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Parcel Number: 4017020047
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 274.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, In Carport
  • Sewer: Public Sewer
  • Trash Expense: 950.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6422.00
  • Lot Size Acres: 0.1474

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 71400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1480.00
  • Lot Size Area: 6422.0000 Square Feet
  • Net Operating Income: 69440.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4960.00
  • Rent Control: No
  • Total Expenses: 21460.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Census Tract: 6013.02
  • Tax Lot: 7,8
  • Tax Tract Number: 18340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
May 13, 2019
Sold by
Chan Juan A and Chan Elena Saavedra
Bought by
Damsky Michael S and Guagenti Rosanne M
Seller's Agent
Ramon Castro
Park Regency Realty
Buyer's Agent
Ramon Castro
Park Regency Realty
List Price
$1,099,900
Sold Price
$1,000,000
Premium/Discount to List
-$99,900
-9.08%
Current Estimated Value
$1,343,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,899
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Chan Juan A
Bought by
Chan Juan A and Chan Elena Saavedra

Purchase Details

Closed on
May 23, 1998
Sold by
Medrano Manuel A and Medrano Maria F
Bought by
Chan Juan A

Purchase Details

Closed on
Oct 9, 1996
Sold by
California Thrift & Loan
Bought by
Chan Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,350
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1995
Sold by
Dobson Charles and California Thrift & Loan
Bought by
California Thrift & Loan
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
Damsky Michael S $1,000,000 None Available
Chan Juan A -- None Available
Chan Ruby Celeste -- None Available
Chan Juan A -- --
Chan Juan A $165,000 Benefit Land Title Company
California Thrift & Loan $188,048 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Juan A $161,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $1,000,000 -9.1% $274 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $1,099,900 -- $302 / 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 $14,580 $1,115,514 $892,413 $223,101
2024 $14,580 $1,093,642 $874,915 $218,727
2023 $14,427 $1,072,199 $857,760 $214,439
2022 $14,699 $1,051,177 $840,942 $210,235
2021 $14,564 $1,030,566 $824,453 $206,113
2019 $9,546 $267,677 $160,609 $107,068
2018 $4,204 $262,429 $157,460 $104,969
2016 $3,956 $252,241 $151,347 $100,894
2015 $3,917 $248,453 $149,074 $99,379
2014 $3,927 $243,587 $146,154 $97,433
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19010595

California Regional Multiple Listing Service (CRMLS)

APN: 4017-020-047