$950,000
SOLD MAY 30, 2019

11934 Rosecrans Ave Norwalk, CA 90650

8 Beds
4 Baths
3,360 Sq Ft
5,338 Sq Ft Lot

Recently Sold

$283 Per Sq Ft

5% Below List Price

45 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Paved or Partially Paved Lot
  • Accessible Parking
  • Block Wall Fence
  • Wall Furnace

About This Home

As of May 2019

Great Investment Property in the great City of Norwalk!! Don't miss the opportunity to make this your first or next investment. 4 units with 2 bedrooms 1 Bath each, one has recently been remodeled. Private parking for all units behind building. Depending on financing units take care of themselves with room to ingress rent in the future. Centrally located to all FWYs. Please call for a private showing.

Last Agent to Sell the Property

Edith Villa

Century 21 Realty Masters License #01303864 Listed on: 03/18/2019

Century 21 Realty Masters

Last Buyer's Agent

Tae Kim

Circa Properties, Inc. License #02024609

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,415

Year Built

  • Built in 1952

Lot Details

  • 5,338 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Assigned Parking

Utilities

  • Wall Furnace
  • Private Water Source

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 5260
  • Assessor Parcel Number 8073005011

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,184
  • Trash Expense $201
  • Water Sewer Expense $250
  • New Taxes Expense $3,400
  • Operating Expense $5,000
  • Gross Income $68,400
  • Net Operating Income $63,400

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,415

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 250.00
  • Zoning: NOC3*
  • Property Type: Residential Income
  • Parcel Number: 8073005011
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 282.74

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Brick, Concrete, Drywall Walls, Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Asphalt

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 201.00
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 5338.00
  • Lot Size Acres: 0.1225

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1184.00
  • Lot Size Area: 5338.0000 Square Feet
  • Net Operating Income: 63400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 5000.00

Tax Info

  • New Taxes Expense: 3400.00
  • Tax Census Tract: 5527.00
  • Tax Lot: 12
  • Tax Tract Number: 5260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Rain Garden Llc
Bought by
Su Jianxuan
Current Estimated Value
$1,387,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$821,340
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$566,408

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 2, 2019
Sold by
Hor Seng Heng and Hor Lieng Houng
Bought by
Rain Garden Llc
Seller's Agent
Edith Villa
Century 21 Realty Masters
Buyer's Agent
Tae Kim
Circa Properties, Inc.
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$81,900
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jan 13, 2016
Sold by
Fruto Ron
Bought by
Hor Seng Heng and Hor Lieng Houng
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Borann Duong
#1 Home Realty
List Price
$740,000
Sold Price
$725,000
Premium/Discount to List
-$15,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Jun 15, 2015
Sold by
Barrios Rodrigo H
Bought by
Fruto Ron and Fruto Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,600
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2009
Sold by
Barrios Rodrigo H and Barrios Maria E
Bought by
Rodrigo H & Maria E Barrios Joint Living

Purchase Details

Closed on
May 2, 2005
Sold by
Subramaniam Siva
Bought by
Barrios Rodrigo H

Purchase Details

Closed on
Mar 27, 2003
Sold by
Dikijian Khajag H and Dikijian Choghik
Bought by
Subramaniam Siva

Purchase Details

Closed on
Mar 27, 1995
Sold by
Hovsepian Haigaz and Hovsepian Sossi
Bought by
Hovsepian Haigaz

Purchase Details

Closed on
Aug 2, 1994
Sold by
Thomas Gregory F and Thomas Sosse H
Bought by
Thomas Gregory Forrest
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 Type Sale Price Title Company
Grant Deed $1,300,000 California Best Title
Interfamily Deed Transfer -- California Best Title
Grant Deed $950,000 Lawyers Title
Grant Deed $725,000 Fidelity National Title Co
Grant Deed $699,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $645,000 --
Grant Deed $345,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $200,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $81,900 Commercial
Previous Owner $481,600 New Conventional
Previous Owner $295,000 Purchase Money Mortgage
Previous Owner $200,000 Unknown
Previous Owner $110,000 Unknown
Previous Owner $195,000 Purchase Money Mortgage
Closed $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $950,000 -4.9% $283 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $999,000 +37.8% $297 / Sq Ft
01/25/2016 01/25/16 Sold $725,000 -2.0% $216 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $740,000 +5.9% $220 / Sq Ft
08/20/2015 08/20/15 Sold $699,000 -3.6% $208 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $725,000 -- $216 / 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 $17,415 $1,379,569 $620,806 $758,763
2024 $17,415 $1,352,520 $608,634 $743,886
2023 $16,806 $1,326,000 $596,700 $729,300
2022 $16,515 $1,300,000 $585,000 $715,000
2021 $12,771 $979,038 $371,004 $608,034
2020 $12,458 $969,000 $367,200 $601,800
2019 $10,258 $769,375 $504,073 $265,302
2018 $9,902 $754,290 $494,190 $260,100
2016 $9,179 $699,000 $450,000 $249,000
2015 $9,633 $733,403 $164,872 $568,531
2014 $8,967 $719,038 $161,643 $557,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19061087

California Regional Multiple Listing Service (CRMLS)

APN: 8073-005-011