NOT LISTED FOR SALE

2616 S 10th Ave Arcadia, CA 91006

Mayflower Village Neighborhood

Estimated Value: $1,525,331 - $1,816,000

6 Beds
3 Baths
2,882 Sq Ft
$599/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $1,500,000 $520 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,602/month

2 Days on Market

Highlights

  • 0.52 Acre Lot
  • Laundry Room
  • 3 Car Garage
  • Plymouth Elementary School Rated A-

About This Home

As of November 2022

INCREDIBLE INVESTMENT OPPORTUNITY! This property has 3 separate single story units on a large 22,651 sq ft lot, 75' x 300'.
Each unit has 2 bedrooms/1 bathroom, garage, plenty of additional parking and private fenced yards.
Close proximity to mass transit, 210/605 freeways, shopping and dining.
Drive-by only. Do not disturb tenants.

Last Agent to Sell the Property

Patricia Pearson

HomeSmart, Evergreen Realty License #00892722 Listed on: 10/17/2022

HomeSmart, Evergreen Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.52 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,882 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4522
  • Assessor Parcel Number 8511003004

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $2,543
  • Trash Expense $1,020
  • Water Sewer Expense $3,000
  • Operating Expense $8,363
  • Gross Income $73,800
  • Net Operating Income $65,437

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LCRA*
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8511003004
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 520.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1020.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Value In Land
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Multi Family

  • Gross Income: 73800.00
  • Gross Scheduled Income: 73800.00
  • Insurance Expense: 2543.00
  • Lot Size Area: 22651.0000 Square Feet
  • Net Operating Income: 65437.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8363.00
  • Rent Control: Yes
  • Total Actual Rent: 6150.00
  • Total Expenses: 8363.00

Tax Info

  • Tax Census Tract: 4314.00
  • Tax Lot: 3
  • Tax Tract Number: 4522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Oct 27, 2022
Sold by
Taylor Family Trust and Tami J Taylor Trust
Bought by
Chang Peiwen and Zou Xiaochun
Seller's Agent
Patricia Pearson
HomeSmart, Evergreen Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Views
4
Current Estimated Value
$1,726,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,833
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Mar 31, 2020
Sold by
Doeppel Lori Lynn
Bought by
Doeppel Lori and The Lori Doeppel Trust

Purchase Details

Closed on
Nov 13, 2011
Sold by
Taylor Theodore Brian and Taylor Sherri Lynn
Bought by
Taylor Theodore Brian and Taylor Sherri Lynn

Purchase Details

Closed on
Dec 14, 2007
Sold by
Taylor Tamara Jean
Bought by
Taylor Tami J and Tami J Taylor Trust

Purchase Details

Closed on
Oct 17, 2006
Sold by
Taylor Daniel
Bought by
Taylor Theodore Brian and Taylor Sherri

Purchase Details

Closed on
Jul 5, 1998
Sold by
Pankopf Elda V and Hunter Patricia Ann
Bought by
Taylor Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chang Peiwen $1,500,000 Chicago Title Company
Doeppel Lori -- Accommodation
Taylor Theodore Brian -- None Available
Taylor Theodore Brian -- None Available
Taylor Tami J -- None Available
Taylor Theodore Brian -- None Available
Taylor Daniel -- None Available
Taylor Daniel $300,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Daniel $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2022 11/14/22 Sold $1,500,000 -6.3% $520 / Sq Ft
10/17/2022 10/17/22 For Sale $1,600,000 -- $555 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,405 $1,560,600 $1,014,390 $546,210
2024 $19,405 $1,530,000 $994,500 $535,500
2023 $18,498 $1,500,000 $975,000 $525,000
2022 $6,290 $443,172 $295,451 $147,721
2021 $6,163 $434,483 $289,658 $144,825
2020 $5,986 $430,028 $286,688 $143,340
2019 $5,891 $421,597 $281,067 $140,530
2018 $5,555 $413,331 $275,556 $137,775
2016 $5,325 $397,282 $264,856 $132,426
2015 $5,212 $391,315 $260,878 $130,437
2014 $5,186 $383,650 $255,768 $127,882
Source: Public Records

Agents Affiliated with this Home

  • Patricia Pearson

    Seller's Agent in 2022

    Patricia Pearson

    HomeSmart, Evergreen Realty

    (310) 467-1371

    1 in this area

    12 Total Sales

    Patricia Pearson
    Section Image

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6 in this area

    6,285 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22219597

California Regional Multiple Listing Service (CRMLS)

APN: 8511-003-004

California Los Angeles County Arcadia 91006 Mayflower Village

2616 S 10th Ave, Arcadia, CA

Not Listed for Sale

MultiFamily

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