tomo logo

$800,000

Beds
3
Baths
2.0
sq ft
1,183

3207 W 112th St, Inglewood, CA 90303

3207 W 112th St

Inglewood, CA 90303

  • 9 days on market
Welcome to this beautifully upgraded single-family home in the sought-after neighborhood of Inglewood. This property includes 2 bedrooms and 1 bathroom in the main house, plus a legal 1-bedroom, 1-bath garage conversion. Situated on a generous 6,016 sq. ft. R2 lot, it offers significant potential for future development and strong value appreciation. Currently, both units are leased, providing robust rental income and making it a prime investment opportunity for discerning buyers. Its prime location near the 105 freeway, retail centers, SpaceX, SoFi Stadium, the new Clipper Arena, and LAX adds to its attractiveness. For those looking for a new home or to expand their investment portfolio, this property delivers exceptional possibilities.

Details

Property type

Single Family Residence

Est. home value

$736,878

Lot size

6,016 sq ft

Price per sq ft

$677

Year built

1942

Price History

09/07/2024
CRMLS

CRMLS #SB24186207

Listed
$800,000
+3.9%
03/06/2024
CLAW

CLAW #23338603

Removed
$770,000
12/30/2023
CLAW

CLAW #23338603

Listed
$770,000
+46.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Inglewood Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$375,650
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$360,350
Cash to seller
$375,650

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2020

Original loan amount

$393,750

Est. remaining balance

$360,350

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Christopher P Chafe and Ellen Wardjiman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 2:40 PM

Listing updated: 09/14/2024 at 1:31 PM

Listed by: Melanie Myers, Keller Williams South Bay Phone #: (310) 375-3511

MLS: CRMLS #SB24186207

CRMLS logo

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