NOT LISTED FOR SALE

11171 Bullis Rd Lynwood, CA 90262

Estimated Value: $772,000 - $812,000

1 Bed
1 Bath
1,948 Sq Ft
$408/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $765,000 $393 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,237/month

76 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 5-minute walk to Lynwood Park

About This Home

As of June 2023

**** INVESTMENT ALERT**** Quadruplex in good location, close to schools , transportation , markets and shopping area. Do not miss the opportunity!!

Last Agent to Sell the Property

Hugo Jauregui

Castle Realty Homes License #01254874 Listed on: 12/27/2022

Last Buyer's Agent

Hugo Jauregui

Castle Realty Homes License #01254874 Listed on: 12/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,375

Year Built

  • Built in 1951

Lot Details

  • 6,310 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 1,948 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 540
  • Assessor Parcel Number 6173020007
  • $1,026 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Fuel Expense $500
  • Insurance Expense $1,750
  • Trash Expense $4,800
  • Water Sewer Expense $9,600
  • Operating Expense $10,500
  • Gross Income $43,500
  • Net Operating Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,375

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 310-430-0701
  • Price Per Unit: 196250
  • Property Attached: Yes
  • Water Sewer Expenses: 9600.00
  • Zoning: LYR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6173020007
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 392.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 4800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6310.00
  • Lot Size Acres: 0.1449

Multi Family

  • Electric Expense: 1500.00
  • Fuel Expense: 500.00
  • Gross Income: 43500.00
  • Gross Scheduled Income: 52000.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 6310.0000 Square Feet
  • Net Operating Income: 43500.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8500.00
  • Rent Control: No
  • Total Expenses: 10500.00

Tax Info

  • Tax Census Tract: 5402.03
  • Tax Lot: 10
  • Tax Tract Number: 540...
  • TaxOtherAnnualAssessmentAmount: 1026.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
May 12, 2023
Sold by
Munoz Juan and Rosa Maria
Bought by
Ewa Capital Llc
Seller's Agent
Hugo Jauregui
Castle Realty Homes
Buyer's Agent
Hugo Jauregui
Castle Realty Homes
List Price
$785,000
Sold Price
$765,000
Premium/Discount to List
-$20,000
-2.55%
Views
200
Current Estimated Value
$783,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,333
Avg. Annual Appreciation
1.81%
Original Mortgage
$947,750
Outstanding Balance
$923,590
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$128,257

Purchase Details

Closed on
May 13, 2004
Sold by
Munoz Juan and Sandoval Rosa Maria
Bought by
Munoz Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1996
Sold by
Sandoval Rosa Maria
Bought by
Sandoval Rosa Maria

Purchase Details

Closed on
Oct 26, 1994
Sold by
Munoz Juan and Sandoval Rosa Maria
Bought by
Sandoval Rosa Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ewa Capital Llc $765,000 California Best Title
Munoz Juan -- Fidelity Van Nuys
Sandoval Rosa Maria -- Investors Title
Sandoval Rosa Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewa Capital Llc $400,000
Closed Ewa Capital Llc $500,000
Open Ewa Capital Llc $947,750
Previous Owner Munoz Juan $267,048
Previous Owner Munoz Juan $255,500
Previous Owner Munoz Juan $100,000
Previous Owner Munoz Juan $84,000
Previous Owner Munoz Juan $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $765,000 -2.5% $393 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $785,000 -- $403 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,375 $795,906 $587,826 $208,080
2024 $11,375 $780,300 $576,300 $204,000
2023 $5,076 $299,859 $133,473 $166,386
2022 $4,909 $293,980 $130,856 $163,124
2021 $4,739 $288,217 $128,291 $159,926
2019 $4,831 $280,111 $124,487 $155,624
2018 $4,408 $274,629 $122,047 $152,582
2016 $4,113 $263,543 $117,308 $146,235
2015 $4,033 $259,585 $115,546 $144,039
2014 $3,963 $254,501 $113,283 $141,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22258851

California Regional Multiple Listing Service (CRMLS)

APN: 6173-020-007