NOT LISTED FOR SALE

11820 Virginia Ave Lynwood, CA 90262

Estimated Value: $797,000 - $887,102

5 Beds
2 Baths
1,982 Sq Ft
$424/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $549,000 $277 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,339/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Flooring
  • Park or Greenbelt View
  • Laundry Room
  • Central Heating

About This Home

As of June 2017

ATTENTION AGENTS, THIS IS A GREAT INCOME PROPERTY FOR FIRST TIME BUYERS AND INVESTORS, PROPERTY IS LOCATED IN A GREAT RESIDENTIAL AREA OF LYNWOOD RIGHT IN FRONT OF YVONNE BURKE-JOHN D HAM PARK , CLOSE TO FREEWAYS, SCHOOLS, BUSSINESS ETC. PROPERTY FEAUTURES FRONT UNIT 2 BEDS & 1 BATH, BACK UNIT 3 BEDS & 1 BATH, BOTH UNITS ARE IN GOOD CONDITION, THERE IS A HUGE DRIVEWAY THAT CONNECTS TO THE 3 CAR GARAGE. SELLER JUST SPENT OVER $5,000 FIXING ROOF, WATER HEATER, WNDOWS, NEW PAINT ETC. YOUR BUYER WILL LOVE THE HUGE LOT OVER 9,700 SQFT PERFECT FOR A FAMILY GATHERING AND THE POTENTIAL TO ADD ANOTHER UNIT SINCE THIS IS R3 ZONING. THERE IS ENOUGHT ROOM TO PARK AN RV. TENANTS ARE PAYING FRONT UNIT $1,400 AND REAR UNIT $1,700, BUT THERE IS A BIG ROOM TO INCREASE RENT SINCE THIS ISN'T A RENT CONTROL AREA.

Last Agent to Sell the Property

David Guizado

First Family Homes License #01490126 Listed on: 04/27/2017

Last Buyer's Agent

Mike Ramirez

PLF Real Estate Solutions License #01257890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,101

Year Built

  • Built in 1943

Lot Details

  • 9,771 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,982 Sq Ft Home
  • Park or Greenbelt Views
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Utilities

  • Central Heating
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 29
  • Tax Tract Number 5686
  • Assessor Parcel Number 6189019034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $2,546
  • Gross Income $36,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,101

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 562-822-5397
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LYR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6189019034
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 276.99
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Park/Greenbelt
  • Fence: No
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9771.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 37200.00
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 3100.00

Tax Info

  • New Taxes Expense: 2546.00
  • Tax Census Tract: 5418.02
  • Tax Lot: 29
  • Tax Tract Number: 5686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Rivas Juana A
Bought by
Juana Rivas 2023 Trust and Rivas
Current Estimated Value
$840,776

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 5, 2017
Sold by
Heath Maria Isabel
Bought by
Rivas Juana A
Seller's Agent
David Guizado
First Family Homes
Buyer's Agent
Mike Ramirez
PLF Real Estate Solutions
List Price
$549,000
Sold Price
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$536,263
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2015
Sold by
Heath Maria Isabel and Pulido Maria Isabel
Bought by
Heath Maria Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Heath Horace Edward
Bought by
Pulido Maria Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Heath Eddy
Bought by
Pulido Maria Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Pulido Maria Isabel
Bought by
Pulido Maria Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Pulido Maria Isabel and Gonzalez Rogelio
Bought by
Pulido Maria Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,350
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Juana Rivas 2023 Trust -- None Listed On Document
Rivas Juana A $549,000 Chicago Title Company
Heath Maria Isabel -- North American Title
Pulido Maria Isabel -- North American Title Company
Pulido Maria Isabel -- Financial Title Company
Pulido Maria Isabel -- Financial Title Company
Pulido Maria Isabel -- Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivas Juana A $519,000
Previous Owner Rivas Juana A $536,263
Previous Owner Heath Maria Isabel $263,000
Previous Owner Pulido Maria Isabel $242,900
Previous Owner Pulido Maria Isabel $246,000
Previous Owner Pulido Maria Isabel $246,000
Previous Owner Pulido Maria Isabel $215,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $549,000 0.0% $277 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $549,000 -- $277 / 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 $9,101 $637,155 $324,961 $312,194
2024 $9,101 $624,663 $318,590 $306,073
2023 $9,035 $612,416 $312,344 $300,072
2022 $8,713 $600,409 $306,220 $294,189
2021 $8,304 $588,637 $300,216 $288,421
2020 $7,964 $582,602 $297,138 $285,464
2019 $8,507 $571,179 $291,312 $279,867
2018 $7,800 $559,980 $285,600 $274,380
2016 $2,546 $154,080 $46,861 $107,219
2015 $2,500 $151,767 $46,158 $105,609
2014 $2,460 $148,795 $45,254 $103,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17090935

California Regional Multiple Listing Service (CRMLS)

APN: 6189-019-034