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Sold for $920,000
  • Listed by: Century 21 A Better Service • Alberto Sanchez • Contact: 323-326-0133
    Bought with: Berkshire Hathaway Home Srvs
    $920,000

    11542 Simms Ave, Inglewood, CA 90303

    6beds
    --baths
    2,845sqft
    Quadruplex
    Built in 1952
    -- sqft lot
    $1,013,600 Zestimate®
    $323/sqft
    $3,896 Estimated rent

    Home value

    $1,013,600

    $943,000 - $1.09M

    $3,896/mo

    Zestimate® history
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    What's special

    Clean alley accessDesirable inglewood neighborhood
    BUYER FAILED TO PERFORM! BACK ON THE MARKET!! This charming 4-unit residential building located at 11542 Simms Ave in Inglewood, CA offers an excellent investment opportunity. Situated in a calm and beautiful residential neighborhood, this property boasts a prime location near major freeways, making it convenient for tenants to commute and access the many attractions Inglewood has to offer. The property comprises two spacious 2-bedroom units and two cozy 1-bedroom units, all of which are in excellent condition, ensuring comfortable living for tenants and reducing the need for immediate renovations. With a lot size of 7,306 square feet, there is ample outdoor space for residents to enjoy. One of the standout features of this property is the clean alley access, making it easy for tenants to access their single-car garages. This convenience adds to the overall appeal of the property and enhances its market value. Investors and potential buyers will be pleased to know that this property is strategically located near prominent entertainment venues, including the famous Sofi Stadium, Youtube Theatre, and the Kia Forum. These attractions not only provide a myriad of entertainment options for residents but also contribute to the property's potential for rental income growth. Whether you're looking for a lucrative investment opportunity or a place to call home in a desirable Inglewood neighborhood, 11542 Simms Ave offers both. Don't miss out on the chance to acquire a property with great income potential and a promising future in this thriving community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alberto Sanchez DRE #02028262 323-326-0133,

    Century 21 A Better Service

    Bought with:

    Micaela Solis, DRE #02057893

    Berkshire Hathaway Home Srvs

    Source: CRMLS,MLS#: DW23206882MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,845
    • Total interior livable area: 2,845 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,308 Square Feet
    • Features: Back Yard, Corner Lot, Rectangular Lot
    Details
    • Parcel number: 4055030004
    • Zoning: INR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Inglewood

    Financial & listing details

    • Price per square foot: $323/sqft
    • Tax assessed value: $938,400
    • Annual tax amount: $13,215
    • Date on market: 11/7/2023
    • Cumulative days on market: 49 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    3/27/2024Sold$920,000-7.9%$323/sqft
    Source: CRMLS #DW23206882 Report a problem
    2/27/2024Pending sale$999,000$351/sqft
    Source: CRMLS #DW23206882 Report a problem
    2/27/2024Listed for sale$999,000$351/sqft
    Source: CRMLS #DW23206882 Report a problem
    2/27/2024Pending sale$999,000$351/sqft
    Source: CRMLS #DW23206882 Report a problem
    2/6/2024Price change$999,000-2.5%$351/sqft
    Source: CRMLS #DW23206882 Report a problem
    12/16/2023Pending sale$1,025,000$360/sqft
    Source: CRMLS #DW23206882 Report a problem
    11/7/2023Listed for sale$1,025,000+177%$360/sqft
    Source: CRMLS #DW23206882 Report a problem
    7/2/2003Sold$370,000+192.5%$130/sqft
    Source: Public Record Report a problem
    9/8/2000Sold$126,500$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,215 +79.3%$938,400 +82%
    2024$7,370 +1%$515,732 +2%
    2023$7,295 -1.7%$505,620 +2%
    2022$7,418 +0.9%$495,707 +2%
    2021$7,352 +4.4%$485,988 +1%
    2020$7,043 $481,006 +2%
    2019$7,043 +3%$471,575 +2%
    2018$6,837 $462,329 +2%
    2017$6,837 +2.9%$453,264 +2%
    2016$6,641 +2.7%$444,377 +1.5%
    2015$6,468 +0.9%$437,703 +2%
    2014$6,413 $429,130 +2.5%
    2012-- $418,816 +2%
    2011-- $410,605 +0.8%
    2010-- $407,537 -0.2%
    2009-- $408,506 +2%
    2008-- $400,497 +2%
    2007-- $392,645 +2%
    2006-- $384,947
    2005-- $384,947 +4%
    2004-- $370,000 +40.6%
    2003-- $263,221 +2%
    2002-- $258,060 +3.2%
    2000-- $250,000
    Find assessor info on the county website

    Neighborhood: 90303

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,013,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,013,600