420 W Queen St, Inglewood, CA 90301
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420 W Queen St Inglewood, CA 90301

$1,925,000 Sold Price as of 12/15/2021
  • 11 Beds
  • 7 Baths
  • 6,064 Sq.Ft.
Sold
$1,925,000 Sold Price as of 12/15/2021 Refinance Your Mortgage

Map preview of 420 W Queen St, Inglewood, CA 90301

Property Overview: 420 W Queen St Inglewood, CA has 11 bedrooms, 7 bathrooms, 6,064 living square feet and 7,687 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity in the desirable section of the Northwest section of Inglewood close to City Hall, LAX, future NFL stadium and the Forum. The property offers a desirable unit mix consisting of three (3) 1+1, two (2) 2+1 and two (2) 2-1.5 units. Six (6) of the seven (7) units have been updated. The property has a total of seven (7) parking spaces; (four (4) garages and three (3) tuck under spaces). Rents are low and there is substantial upside for the future buyer. There is an on-site laundry room and the equipment is owned by the seller which brings in additional income. The utilities are individually metered and offers gated entry, individual patios & balconies and 2 units have individual fireplaces. PLEASE NOTE: (1) DO NOT DISTURB THE TENANTS. (2) All offers to be submitted on a CAR Form RIPA (3) Books & records and physical inspection with accepted offer. (4) Buyer to provide proof of funds with offer. (5) Seller to select all services. (6) Property sold as is condition.

Listed by Lawrence Cannizzaro | BRE #00609154 | Lawrence Frank Cannizzaro
Last checked: 9 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 98

Home details

Lot Sq. Ft
7,687
HOA Dues
$0/mo
Year built
1962
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
21748878
City
Inglewood
County
Los Angeles
Time on Site
1017 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $4,485
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,706
  • Total Rent: $1,706
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,549
  • Total Rent: $1,549
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.26
  • Gross Scheduled Income: $137,277
  • Net Operating Income: $86,889
  • Gross Operating Income: $133,159
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 420 W Queen St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Security Features: Automatic Gate
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 7
  • Parcel Number: 4020002007
  • Foundation Details: Slab
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Manchester and west of Inglewood Ave
View more facts & features

Local Inglewood Agent

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Sale History for 420 W Queen St

Last leased for $2,300 on October 19th, 2022
  • December, 2022

  • Dec 12, 2022

    Date

    Canceled

    CRMLS: PW22222738

    $2,250

    Price

  • Oct 14, 2022

    Date

    Active

    CRMLS: PW22222738

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Discover your new home at 420 W. Queen St. in Inglewood, this community is a terrific place to live. Our staff is ready to help you find your perfect home. We currently have a fully remodeled 1 bed 1 bath. Here are some of the upgrades: - Full remodel - New flooring throughout the home - New paint and baseboards throughout the home - New cabinets throughout the home - New bathroom fixtures - New kitchen fixtures - New appliances - New recessed lightings - Easy parking access Close by freeway access 405 & 105. - Parks close by and many schools nearby. - Street parking only

  • October, 2022

  • Oct 19, 2022

    Date

    Leased

    CRMLS: PW22220995

    $2,300

    Price

  • Oct 12, 2022

    Date

    Active

    CRMLS: PW22220995

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Discover your new home at 420 W. Queen St. in Inglewood, this community is a terrific place to live. Our staff is ready to help you find your perfect home. We currently have a fully remodeled 1 bed 1 bath. Here are some of the upgrades: - Full remodel - New flooring throughout the home - New paint and baseboards throughout the home - New cabinets throughout the home - New bathroom fixtures - New kitchen fixtures - New appliances - New recessed lightings - Easy parking access Close by freeway access 405 & 105. - Parks close by and many schools nearby. - Street parking only

  • July, 2022

  • Jul 6, 2022

    Date

    Leased

    CRMLS: PW22104617

    $2,100

    Price

  • May 17, 2022

    Date

    Active

    CRMLS: PW22104617

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Discover your new home at 420 W. Queen St. in Inglewood, this community is a terrific place to live. Our staff is ready to help you find your perfect home. We currently have a fully remodeled 1 bed 1 bath. Here are some of the upgrades: - Full remodel - New flooring throughout the home - New paint and baseboards throughout the home - New cabinets throughout the home - New HVAC systems - New bathroom fixtures - New kitchen fixtures - New plumbing - New electrical - New appliances - New recessed lightings - Easy parking access Close by freeway access 405 & 105. Parks close by and many schools nearby.

  • June, 2021

  • Jun 14, 2021

    Date

    Active

    CRMLS: 21748878

    $2,095,000

    Price

  • June, 2021

  • Jun 13, 2021

    Date

    Active

    CRMLS: 21748454

    $2,095,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2012

  • Jun 15, 2012

    Date

    Sold (Public Records)

    Public Records

    $725,000

    Price

  • April, 2010

  • Apr 15, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 420 W Queen St

Assessed Value (2020): $832,659
Year Land Value Improved Value Assessed Value
2020 $178,015 $654,644 $832,659

Home Value Compared to the Market

This property vs the competition

420 W Queen St sold on December 15, 2021 for 203.62% higher than the current median sold price for the city of Inglewood which is $690,000. The median sold price per/sqft for Inglewood is $497 and this home is sold at $345.48 per/sqft which puts the price per square foot 30.49% lower than the current median sale per square foot for the city of Inglewood.

About 420 W Queen St

Detailed summary of property

420 W Queen St is a multi family that recently sold in Inglewood, CA 90301. This multi family property offered 11 bedrooms, 7 bathrooms, roughly 6,064 living square feet, and sits on an approximately 7,687 square foot lot. 420 W Queen St was first listed on ArdentRealEstateGroup.com on June 14, 2021. The homeowner sold the property for $1,925,000. Home in Inglewood are selling for a median price of $690,000 and a median price per square foot of $497. Based on Ardent Real Estate Group's Inglewood Market Data, this home is sold 203.62% higher than the current median priced home. Local homes that are currently for sale include 3757 Veteran Ave, 12021 Washington Pl and 3640 Jasmine Ave. While the average home in Inglewood, CA is selling in 81 days, 420 W Queen St has a days on market of 98 days. There are currently 110 homes for sale in the Inglewood real estate market and 64 of them are single family homes while 34 of them are condos and 12 are townhomes. For more information on this home for sale at 420 W Queen St Inglewood, CA 90301 contact Ardent Real Estate Group and we will put you in touch with one of our Inglewood agents.

Public Facts for 420 W Queen St

Public county record property details
Beds
11
Baths
10
Year built
1962
Sq. Ft.
6,064
Lot Size
7,686
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
4020-002-007

The source for these homes facts are from public records.

90301 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$665,999
Median List Price/Sq.Ft.
$526
Median Sold Price
$705,999
Median Sold Price/Sq.Ft.
$569
Total Inventory
19
Median Sale to List Price %
100.86%
Avg Days on Market
20
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.