NOT LISTED FOR SALE

11178 Penn St Lynwood, CA 90262

Estimated Value: $703,000 - $766,000

3 Beds
2 Baths
1,357 Sq Ft
$551/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $652,000 $480 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,832/month

9 Days on Market

About This Home

As of April 2022

RARE OPPORTUNITY TO LIVE IN ONE AND RENT OUT THE OTHER!! Come and check out this Duplex. Both units are in separate buildings for added privacy. Each unit has its laundry hook-ups. The Front Unit is a 2 Bedroom and 1 Bath. The rear Unit is a 1 Bedroom and 1 Bath. It also has a bonus living quarters apart from the Duplex. This would be perfect for first-time homebuyers that can get rental income!!

Last Agent to Sell the Property

Angel Hernandez

Century 21 Allstars License #02097340 Listed on: 03/11/2022

Century 21 Allstars

Last Buyer's Agent

Angel Hernandez

Century 21 Allstars License #02097340 Listed on: 03/11/2022

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,635

Year Built

  • Built in 1947

Lot Details

  • 5,166 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,357 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 921
  • Assessor Parcel Number 6170018034
  • $652 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,635

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 314500
  • Property Attached: No
  • View: No
  • Zoning: LYR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6170018034
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 480.47

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Other
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 5166.00
  • Lot Size Acres: 0.1186

Multi Family

  • Gross Scheduled Income: 19200.00
  • Lot Size Area: 5166.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5403.00
  • Tax Lot: 86
  • Tax Tract Number: 921
  • TaxOtherAnnualAssessmentAmount: 652.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 4, 2022
Sold by
Manuel Ochoa
Bought by
Cazares Marcos A and Cazares Claudia V
Seller's Agent
Angel Hernandez
Century 21 Allstars
Buyer's Agent
Angel Hernandez
Century 21 Allstars
List Price
$629,000
Sold Price
$652,000
Premium/Discount to List
$23,000
3.66%
Current Estimated Value
$735,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,819
Avg. Annual Appreciation
4.28%
Original Mortgage
$553,700
Outstanding Balance
$523,991
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$224,344

Purchase Details

Closed on
Aug 13, 2009
Sold by
Ochoa Maria Guadalupe
Bought by
Ochoa Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,160
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Ochoa Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,160
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2009
Sold by
Saucedo Javier R
Bought by
Deutsche Bank National Trust Company and Harborview 2006-14

Purchase Details

Closed on
Apr 10, 2006
Sold by
Ruiz Frank and Ruiz Etelvina
Bought by
Saucedo Javier R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
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
Cazares Marcos A $652,000 New Title Company Name
Ochoa Manuel -- Lsi Title Company Ca
Ochoa Manuel $212,000 Lsi Title Company Ca
Deutsche Bank National Trust Company $229,500 None Available
Saucedo Javier R $555,000 Ticor Title Co Glendale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cazares Marcos A $553,700
Previous Owner Ochoa Manuel $175,000
Previous Owner Ochoa Manuel $208,665
Previous Owner Ochoa Manuel $208,160
Previous Owner Saucedo Javier R $111,000
Previous Owner Saucedo Javier R $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $652,000 0.0% $480 / Sq Ft
03/31/2022 03/31/22 Off Market $652,000 -- --
03/31/2022 03/31/22 For Sale $629,000 -3.5% $464 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/15/2022 03/15/22 Off Market $652,000 -- --
03/11/2022 03/11/22 For Sale $629,000 -- $464 / 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 $9,635 $691,906 $424,483 $267,423
2024 $9,635 $678,340 $416,160 $262,180
2023 $9,564 $665,040 $408,000 $257,040
2022 $4,093 $261,324 $127,712 $133,612
2021 $3,948 $256,201 $125,208 $130,993
2020 $3,797 $253,575 $123,925 $129,650
2019 $4,034 $248,604 $121,496 $127,108
2018 $3,692 $243,730 $119,114 $124,616
2016 $3,444 $234,268 $114,490 $119,778
2015 $3,377 $230,750 $112,771 $117,979
2014 $3,309 $226,230 $110,562 $115,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22043818

California Regional Multiple Listing Service (CRMLS)

APN: 6170-018-034