NOT LISTED FOR SALE

11824 2nd Ave Lynwood, CA 90262

Estimated Value: $789,000 - $950,233

4 Beds
4 Baths
1,774 Sq Ft
$487/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2017

Last sale price $546,000 $308 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,466 / mo

53 Days on Market

About This Home

As of June 2017

BACK ON THE MARKET. TAKE A LOOK TO THIS GREAT OPPORTUNITY. .. !!! FOUR UNIT PROPERTY IN LYNWOOD. THESE REMODELED UNITS ARE IDEAL FOR GREAT CASH FLOW WITH LONG TERM TENANTS OR BUYERS' LOOKING TO LIVE IN ONE UNIT AND RENT THE OTHERS. PROPERTIES LOCATED ON A VERY CONVENIENT AREA, CLOSE TO SCHOOLS, MAJOR SHOPPING CENTERS, FWY 710, 105 AND MUCH. .MUCH. .. MORE. ALL UNITS ARE TENANT OCCUPIED.

Last Agent to Sell the Property

Juan Haro

Signature Realty & Loans License #01939524 Listed on: 02/16/2017

Last Buyer's Agent

Javier Montiel

KELLER WILLIAMS COVINA License #01811005

KELLER WILLIAMS COVINA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 3,594 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,774 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 176
  • Tax Tract Number 8242
  • Assessor Parcel Number 6189018007

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,560
  • New Taxes Expense $4,837
  • Operating Expense $7,821
  • Gross Income $3,450
  • Net Operating Income $33,579

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

3,594 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1560.00
  • Zoning: LYR1YY
  • Property Type: Residential Income
  • Parcel Number: 6189018007
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 307.78

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3594.00

Multi Family

  • Gross Income: 3450.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 800.00
  • Net Operating Income: 33579.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7821.00
  • Rent Control: No
  • Total Actual Rent: 3450.00
  • Total Expenses: 7821.00

Tax Info

  • New Taxes Expense: 4837.00
  • Tax Census Tract: 5418.01
  • Tax Lot: 176
  • Tax Tract Number: 8242

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Apr 13, 2017
Sold by
Bought by
Seller's Agent
Juan Haro
Signature Realty & Loans
Buyer's Agent
Javier Montiel
KELLER WILLIAMS COVINA
List Price
$575,000
Sold Price
$546,000
Premium/Discount to List
-$29,000
-5.04%
Current Estimated Value
$864,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,558
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Jul 27, 2016
Sold by
Bought by

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 10, 2016
Sold by
Bought by
Seller's Agent
mike rico
Realty One Group United
Buyer's Agent
mike rico
Realty One Group United
List Price
$459,900
Sold Price
$459,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$344,925
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,395
Interest Rate
4.26%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 21, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,168
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,168
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
8.07%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,611
Interest Rate
7.45%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Fidelity National Title Co
-- North American Title Co Inc
-- None Available
$460,000 Fidelity National Title
$310,000 Chicago Title Company
$475,000 Fidelity National Title Co
$340,000 Orange Coast Title Company
-- Landsafe Title
$250,500 First Southwestern Title Co
$257,408 First American Title Co
$257,408 First American Title Ins Co
$248,000 American Title
-- American Title
$144,000 American Title Co
-- American Title Co
-- Fidelity National Title
$139,629 Fidelity National Title Ins
$129,000 Commonwealth Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $344,925
Previous Owner $292,395
Previous Owner $285,000
Previous Owner $272,000
Previous Owner $225,000
Previous Owner $244,168
Previous Owner $143,000
Previous Owner $127,611
Closed $34,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2017 06/07/17 Sold $546,000 -5.0% $308 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $575,000 0.0% $324 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $575,000 +25.0% $324 / Sq Ft
05/04/2016 05/04/16 Sold $459,900 0.0% $259 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $459,900 -- $259 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,873 $649,921 $232,114 $417,807
2024 $9,322 $637,178 $227,563 $409,615
2023 $9,252 $624,685 $223,101 $401,584
2022 $8,920 $612,437 $218,727 $393,710
2021 $8,593 $600,430 $214,439 $385,991
2019 $8,801 $582,864 $208,080 $374,784
2018 $8,704 $571,440 $204,000 $367,440
2016 $4,837 $328,920 $212,207 $116,713
2015 $4,740 $323,980 $209,020 $114,960
2014 $4,648 $317,635 $204,926 $112,709
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17032337

California Regional Multiple Listing Service (CRMLS)

APN: 6189-018-007

Your Personal Tour Guide

Ask me questions while you tour the home.