506 South Inglewood Avenue
506 South Inglewood Avenue
Sold 11/29/23
Sold 11/29/23
Description
- Listed by Vineendra Jain • DRE #01413466 • Brokerage DRE #01413466 • Ingenious Asset Group, Inc.
Property Details for 506 South Inglewood Avenue
Location
Sold By Lyon Stahl Investment Real Estate, Inc., Nicholas Ensbury, DRE #02012167
Property Details for 506 South Inglewood Avenue
| Status | Sold |
|---|---|
| MLS # | 23-281149 |
| Days on Market | 126 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1923 |
| Lot Size | 0.16 AC / 6,757 SF |
| County | Los Angeles County |
Location
Sold By Lyon Stahl Investment Real Estate, Inc., Nicholas Ensbury, DRE #02012167
Building Information for 506 South Inglewood Avenue
Payment Calculator
$5,604 per month
30 year fixed, 7.25% Interest
$5,457
$147
$0
Property Information for 506 South Inglewood Avenue
- Number Of Units: 4
- Senior Community: No
- Year Built Source: Assessor
- Number Of Stories: 1
- Number Of Buildings: 1
- Type Of Units: Residential
- View: Yes
- View Description: Walk Street, Fields
- Security Features: Carbon Monoxide Detector(s), Smoke Detector
- Water: District
- Sewer: In Street
- Water Heaters: Yes
- Water Heater Features: Gas, Water Heater Unit
- Probate: Yes
- Financing: Cash, Cash To New Loan
- Disclosures: Probate, Court Approval Required, As Is, Trust/Conservatorship, Rent Control
- Listing Type: Probate
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $71,400
- Net Operating Income: $48,744.00
- Gross Income: $71,400
- Cap Rate: 4.86%
- Gross Rent Multiplier: $14.01
- Actual Annual Gross Rent: $71,400.00
- Actual Gross Annual Income: $71,400
- Vacancy Allow Dollar: $3,570.00
- Vacancy Allow Percent: 5.00%
- Total Annual Expense: 19086
- Lot Acreage: 0.1551
- Lot Size Square Feet: 6757
- Lot Features: Front Yard, Rectangular Lot, Lawn, Yard
- Lot Description: Front Yard, Gutters, Lot-Level/Flat, Lot Shape-Rectangular, Lawn, Walk Street, Yard
- Lot Location: City, Flats
- Parking Garage: Driveway, Garage - 3 Car, Attached, Covered Parking
- Total Parking: 3
- Covered Parking: 3
- Parking Features: Driveway, Garage - Three Door, Covered
- Attached Garage: Yes
- Levels: Two
- Cooling: Central Air
- Cooling Type: Ceiling Fan, Central
- Heating: Central
- Heating Type: Central
- Flooring: Carpet, Tile, Wood, Vinyl
- Equipment: Microwave, Range/Oven, Intercom, Ceiling Fan
- Interior Features: Crown Moldings, Intercom
- Room Kitchen Features: Tile Counters
- Kitchen Features: Tile Counters, Counter Top
- Bathroom Features: Shower Over Tub, Fiberglass Shower Enclosure
- Common Walls: Detached/No Common Walls
- Cooking Appliances: Gas/Electric Range, Microwave
- Laundry: None
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Roof: Shingle
- New Construction: No
- Construction Materials: Concrete, Stucco
- Exterior Construction: Concrete, Stucco
- Other Structural Features: Rain Gutters
- Other Structures: None
- Entry Date: 06-22-2023
- Listing Terms: Probate, Cash, Cash To New Loan, Take Property As Is, Subject To Court
- Rent Control: Yes
- Unit Beds: 0
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $925.00
- Unit Actual Rent: $925.00
- Unit Projected Rent: $1,500.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,675.00
- Unit Actual Rent: $5,025.00
- Unit Projected Rent: $1,967.00
- Like Units: 3
- Unit Type Type: 2106, 2107
- Assessed Improvement Value: $18,217.00
- Assessed Improvement Percent: 29.68
- Assessed Land Value: $43,168.00
- Assessed Land Percent: 70.32
- Assessed Total Value: $61,385.00
Property History for 506 South Inglewood Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 506 South Inglewood Avenue
Schools near 506 South Inglewood Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hudnall (Claude) Elementary School PublicK to 6 | ||
Crozier (George W.) Middle School Public7 to 8 | ||
Morningside High School Public9 to 12 | ||
Inglewood Continuation 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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Listing Courtesy of Ingenious Asset Group, Inc., Vineendra Jain, DRE #01413466
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.