Seller's Agent in 2023
Yvette Geater
Century 21 Masters
(562) 307-1056
1 in this area
90 Total Sales
12102 Wilson Ave Lynwood, CA 90262
Estimated Value: $968,312 - $1,012,000
6
Beds
3
Baths
2,856
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- No HOA
- Double Pane Windows
- Contemporary Architecture
- 4 Car Direct Access Garage
- Cooling System Mounted To A Wall/Window
About This Home
As of October 2023Welcome to your investment opportunity in the heart of Lynwood, California! Nestled in this thriving city, this triplex unit offers a blend of comfort, convenience, and income potential that every investor desires. This triplex comprises three separate units, each with its unique layout and charm. Whether you’re a seasoned investor or just starting, this property is your ticket to maximizing monthly cash flow. Situated in Lynwood, you’re moments away from shopping, dining, schools, and efficient public transportation. Lynwood’s strategic location ensures a high demand for rental properties. Spacious Living Areas: Each unit boasts generous living spaces, with two bedrooms and one bath, ensuring comfort for tenants and excellent rental potential. This property is a proven income earner that will be an asset to any investor’s portfolio. The property’s well-manicured lawn front and back of each unit features providing tenants with a delightful outdoor space to enjoy. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer interested in securing your financial future, this triplex unit in Lynwood is a golden opportunity. Don’t miss out on this promising investment. Contact us today to schedule a showing and explore the potential of this triplex. Secure your place in this thriving community now!
Last Agent to Sell the Property
Century 21 Masters License #02074114 Listed on: 10/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,878
Year Built
- Built in 1965
Lot Details
- 9,628 Sq Ft Lot
- Property fronts a highway
- No Common Walls
- Block Wall Fence
- Chain Link Fence
- Fence is in fair condition
- Density is up to 1 Unit/Acre
Parking
- 4 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- Woods
- Neighborhood
Home Design
- Triplex
- Contemporary Architecture
- Turnkey
- Cosmetic Repairs Needed
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 2,856 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Family Room
- Living Room
- Storage
- Carbon Monoxide Detectors
- Gas Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- 220 Volts For Spa
- Cable TV Available
Additional Features
- Doors swing in
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 156
- Tax Tract Number 5686
- Assessor Parcel Number 6188016001
- $1,046 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,680
- Insurance Expense $1,241
- Trash Expense $768
- Water Sewer Expense $2,225
- Operating Expense $3,525
- Gross Income $59,400
- Net Operating Income $55,875
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2023
Closed on
Oct 10, 2023
Sold by
Laver Thompson Family Trust
Bought by
Gonzalez Benedicto and Mendoza Santa Amanda
Seller's Agent
Yvette Geater
Century 21 Masters
Buyer's Agent
Yvette Geater
Century 21 Masters
List Price
$875,000
Sold Price
$895,000
Premium/Discount to List
$20,000
2.29%
Views
825
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,828
Avg. Annual Appreciation
3.43%
Original Mortgage
$671,250
Outstanding Balance
$659,407
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$292,648
Purchase Details
Closed on
Jul 1, 2004
Sold by
Thompson Lavar
Bought by
Thompson Lavar and The Lavar Thompson Family Trus
Purchase Details
Closed on
Jul 9, 2001
Sold by
Thompson Lavar and The Lavar Thompson Revocable L
Bought by
Thompson Lavar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.26%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Benedicto | $895,000 | Orange Coast Title Company | |
| Thompson Lavar | -- | -- | |
| Thompson Lavar | -- | California Counties Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Benedicto | $671,250 | |
| Previous Owner | Thompson Lavar | $184,625 | |
| Previous Owner | Thompson Lavar | $204,700 | |
| Previous Owner | Thompson Lavar | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2023 10/30/23 | Sold | $895,000 | +2.3% | $313 / Sq Ft |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- |
| 10/01/2023 10/01/23 | For Sale | $875,000 | -- | $306 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,878 | $912,900 | $606,900 | $306,000 |
| 2024 | $12,878 | $895,000 | $595,000 | $300,000 |
| 2023 | $4,603 | $265,215 | $212,183 | $53,032 |
| 2022 | $4,455 | $260,016 | $208,023 | $51,993 |
| 2021 | $4,297 | $254,919 | $203,945 | $50,974 |
| 2019 | $4,378 | $247,360 | $197,897 | $49,463 |
| 2018 | $3,982 | $242,511 | $194,017 | $48,494 |
| 2016 | $3,707 | $233,096 | $186,484 | $46,612 |
| 2015 | $3,638 | $229,595 | $183,683 | $45,912 |
| 2014 | $3,576 | $225,098 | $180,085 | $45,013 |
Source: Public Records
Agents Affiliated with this Home
-
Yvette Geater
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23183176
APN: 6188-016-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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