15216 Inglewood Ave

Lawndale, CA 90260

$800,000
Last Sold Price
4
Beds
4
Baths
2,304 Sq. Ft.
$347 / Sq. Ft.
2,304
Sq. Ft.
$347
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 4/26/24
Closed 4/26/24
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Description

15216 Inglewood Ave. is a Mixed Use, Development opportunity located in the city of Lawndale. Built in 1949, the Inglewood Ave. property is currently being occupied by a duplex, a vacant office space, and a two-car parking garage. The duplex consists of (2) One-Bedroom/One-Bath units, and the office space is approximately 1,152 square feet, most recently used by a Realty company. There are approximately (10) surface level parking spaces available on-site. There is huge upside to this property through...15216 Inglewood Ave. is a Mixed Use, Development opportunity located in the city of Lawndale. Built in 1949, the Inglewood Ave. property is currently being occupied by a duplex, a vacant office space, and a two-car parking garage. The duplex consists of (2) One-Bedroom/One-Bath units, and the office space is approximately 1,152 square feet, most recently used by a Realty company. There are approximately (10) surface level parking spaces available on-site. There is huge upside to this property through Redeveloping the lot or utilizing ADU’s. The lot size is 9,255 square feet, and is zoned LNC4YY. A corner lot located on Inglewood Ave. and just off the 405 Freeway, this building gets tons of traffic and exposure. This is a fantastic owner/user play as well, by renovating the current office space, and using the duplex inccome to pay off the mortgage. The two car garage could also be converted into an ADU for additional income on the property.
  1. Listed by Parker Boehle • DRE #02054215 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc • 310-988-8361

Property Details for 15216 Inglewood Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2304
Assessor Parcel Number
4079-008-013
Property Attached YN
false
LISTING UPDATED: 04/26/2024 06:25 AM

Property Details for 15216 Inglewood Avenue

StatusClosed
MLS #OC24062372
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1949
Lot Size0.21 AC / 9,255 SF
CountyLos Angeles County
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Location

Listing Courtesy of NorthMarq Realty Services, Inc, Parker Boehle, DRE #02054215

Sold By NorthMarq Realty Services, Inc, Parker Boehle, DRE #02054215

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Building Information for 15216 Inglewood Avenue

Stories1Residences-Year Built1949Building Size-Lot Size0.21 AC / 9,255 SF

Payment Calculator

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$4,895 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$996

HOA Dues

$0

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Property Information for 15216 Inglewood Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $42,600
  • Gross Scheduled Income: $42,600
  • Net Operating Income: $21,570
  • Gross Multiplier: 19.25
  • Cap Rate: 2.63
  • Financing: Cash
Expense Details
  • Operating Expense: $19,752
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $19,752
Tax / Assessment Info
  • Tax Tract Number: 6578
  • Tax Census Tract: 6039.02
  • Tax Lot: 50
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: None
  • Sewer: None
  • Water Source: None
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $525
  • Unit Type Total Rent: $525
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $525
  • Unit Type Total Rent: $525
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 15216 Inglewood Avenue

DateEvent & SourcePriceAppreciation
Apr 26, 2024

Sold

CLAW #OC24062372MR

$800,000—
Apr 26, 2024

Sold

CRMLS #OC24062372

$800,000—
Apr 15, 2024

Sold (Public Record)

Public Record #1531107029

$800,000—
Apr 8, 2024

Pending

CRMLS #OC24062372

—
Apr 8, 2024

Pending

CLAW #OC24062372MR

—
Mar 29, 2024

Listed (Active)

CLAW #OC24062372MR

$820,000—
Mar 29, 2024

Listed (Active)

CRMLS #OC24062372

$820,000—
DateEvent & SourcePrice
04/26/2024

Sold

CLAW #OC24062372MR

$800,000
04/26/2024

Sold

CRMLS #OC24062372

$800,000
04/15/2024

Sold (Public Record)

Public Record #1531107029

$800,000
04/08/2024

Pending

CRMLS #OC24062372

—
04/08/2024

Pending

CLAW #OC24062372MR

—
03/29/2024

Listed (Active)

CLAW #OC24062372MR

$820,000
03/29/2024

Listed (Active)

CRMLS #OC24062372

$820,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15216 Inglewood Avenue

Taxable ValueLand$510,000Additions$306,000Total$816,000
Tax Record2025$11,952 ($996 / month)
Home Facts
Total Finished SqFt2,304 SqFtAbove Grade Finished SqFt2,304 SqFtStories1Lot Size9,253 SqFtStyleOffice BuildingYear Built1949ZoningLNC4YYCountyLOS ANGELESAPN4079-008-013

Schools near 15216 Inglewood Avenue

This home is within Lawndale Elementary School District.
Rating
School
Type
Grades
Distance
Billy Mitchell Elementary School
Public - K to 5
Jane Addams Middle School
Public - 6 to 8
Hawthorne High School
Public - 9 to 12
Lawndale High School
Public - 9 to 12
Rating
School
Distance
Billy Mitchell Elementary School
PublicK to 5

Jane Addams Middle School
Public6 to 8

Hawthorne High School
Public9 to 12

Lawndale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthMarq Realty Services, Inc, Parker Boehle, DRE #02054215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.