NOT LISTED FOR SALE

11300 Atlantic Ave Lynwood, CA 90262

15 Beds
15 Baths
10,299 Sq Ft
15,835 Sq Ft Lot

Last Sold November 25, 2015

Last sale price $1,400,000 $136 Per Sq Ft

44 Days on Market

About This Home

As of November 2015

Fifteen unit building rehabbed in 2010 as a Senior Housing Facility, designed for those 55 years and older. All one bedroom/one bath units. There is a recreation room, elevator and gated parking. $23,010/year subsidized by the City of Lynwood for the next 50 years. The total annual income is $153,991.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 08/19/2015

Michael Anthony Salerno

Last Buyer's Agent

Abbas Novin

License #00848164

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.36

Interior Spaces

  • 10,299 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Additional Features

  • 15,835 Sq Ft Lot
  • Sewer in Street

Community Details

  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 6194-020-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10299
  • Probate: No
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 145.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 10

Utilities

  • Electric Expense: 3377.00
  • Sewer: In Street
  • Water Expense: 3827.00

Fee Information

  • Elevator Expense: 2544.00
  • Gas Expense: 2800.00
  • Insurance Expense: 3854.00
  • Maintenance Expense: 13733.00
  • Other Expense: 3194.00
  • Trash Expense: 1980.00

Lot Info

  • Assessed Improvement Value: 614778
  • Assessed Land Value: 717241
  • Assessor Parcel Number: 6194-020-031
  • Geocode Override: No
  • Lot Size Area: 15835

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.70
  • Number Of Units: 15
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 24687.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $1,400,000 -6.4% $136 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $1,495,000 -- $145 / Sq Ft
Source: The MLS

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 $27,200 $1,657,310 $887,845 $769,465
2024 $27,200 $1,624,815 $870,437 $754,378
2023 $26,987 $1,592,957 $853,370 $739,587
2022 $26,108 $1,561,724 $836,638 $725,086
2021 $25,201 $1,531,103 $820,234 $710,869
2019 $25,668 $1,485,691 $795,906 $689,785
2018 $23,796 $1,456,560 $780,300 $676,260
2016 $21,966 $1,379,350 $742,727 $636,623
2015 $20,681 $1,358,632 $731,571 $627,061
2014 $20,355 $1,332,019 $717,241 $614,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-934685

The MLS
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