NOT LISTED FOR SALE

7116 S La Cienega Blvd Unit 4 Inglewood, CA 90302

North Inglewood Neighborhood

Estimated Value: $1,193,000 - $1,856,000

8 Beds
6 Baths
3,648 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2019

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

Est. 39% increase in value since last sale

Current estimated payment $9,058 / mo

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

Additional Features

  • Laundry in Carport
  • 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

Year Built

Built in 1957

Lot Details

6,422 Sq Ft Lot

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Inglewood, CA

  • Miguel Garcia Real Estate Agent - RE/MAX MASTERS REALTY

    Miguel Garcia

    Responds Quickly

    RE/MAX MASTERS REALTY

    (626) 727-7715

    35 Total Sales

    3 in North Inglewood

    $465K - $475K Price Range

    Miguel Garcia
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  • Anthony Galeano Real Estate Agent - TerraNova Real Estate Group Inc.

    Anthony Galeano

    TerraNova Real Estate Group Inc.

    (424) 499-1941

    6 Total Sales

    1 in North Inglewood

    $1,385,000 Price

    Anthony Galeano
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  • Sherie Howard Real Estate Agent - Sherie Howard & Associates, Inc

    Sherie Howard

    Sherie Howard & Associates, Inc

    (424) 300-3941

    16 Total Sales

    2 in North Inglewood

    $670K - $779K Price Range

    Sherie Howard
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  • Amalia Ochoa Real Estate Agent - The Proud Crowd Inc.

    Amalia Ochoa

    The Proud Crowd Inc.

    (424) 348-7667

    30 Total Sales

    1 in North Inglewood

    $460,000 Price

    Amalia Ochoa
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  • Josh Stein-Sapir Real Estate Agent - Keyes Real Estate

    Josh Stein-Sapir

    Keyes Real Estate

    (562) 456-3475

    136 Total Sales

    1 in North Inglewood

    $720,000 Price

    Josh Stein-Sapir
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  • Ernestine Crews Real Estate Agent - Ernestine Crews

    Ernestine Crews

    Ernestine Crews

    (424) 380-4104

    8 Total Sales

    2 in North Inglewood

    $842K - $1.1M Price Range

    Ernestine Crews
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ramon Castro

    Park Regency Realty

    (818) 672-8001

    18 Total Sales

    Ramon Castro
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19010595

California Regional Multiple Listing Service (CRMLS)

APN: 4017-020-047

California Los Angeles County Inglewood 90045 North Inglewood

7116 S La Cienega Blvd Unit 4, Inglewood, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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