NOT LISTED FOR SALE

2628 Hope St Huntington Park, CA 90255

Walnut Park Neighborhood

Estimated Value: $769,622 - $835,000

4 Beds
4 Baths
1,821 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $390,000 $214 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,940/month

91 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Laundry Room
  • Linda Esperanza Marquez High School Rated A-
  • No HOA
  • 5-minute walk to Walnut Nature Park

About This Home

As of February 2015

Fantastic buy on this 2 unit property value priced for quick sale! Live in one and rent the other!!! Front house is 3 br 2.75 ba, remodeled kitchen cabinets and countertops, large living room, dining area, 2 master bedrooms, some newer carpet, and 2 one car detached garages. Back unit over the garages is 1 br 1 ba, spacious living room, walk-in closet, bright kitchen and dining room, separate laundry room & 1 car garage. Super motivated seller. Submit!!!

Last Agent to Sell the Property

Yang-uk Kim

ReMax Tiffany Real Estate License #01087301 Listed on: 09/30/2014

Last Buyer's Agent

Mike Medina

California Properties & Realty License #01463714

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,224

Year Built

  • Built in 1928

Lot Details

  • 4,744 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Lawn

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • 1,821 Sq Ft Home
  • Traditional Architecture
  • Flat Roof Shape
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 595
  • Tax Tract Number 2080
  • Assessor Parcel Number 6201028011

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
  • Gardener Expense $540
  • Insurance Expense $5,400
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,662
  • Gross Income $2,700
  • Net Operating Income $23,598

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,224

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 6201028011
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 214.17

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition, Flat

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Three Door
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 4744.00
  • Lot Size Acres: 0.1090

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 621
  • Average3 Bed Area: 1200
  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 5400.00
  • Lot Size Area: 4744.0000 Square Feet
  • Net Operating Income: 23598.00
  • 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: 8802.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1662.00
  • Tax Lot: 595
  • Tax Tract Number: 2080
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Jan 5, 2015
Sold by
Mercado Blanca G
Bought by
Manzano Adolfo and Manzano Agustina
Seller's Agent
Yang-uk Kim
ReMax Tiffany Real Estate
Buyer's Agent
Mike Medina
California Properties & Realty
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$796,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,156
Avg. Annual Appreciation
6.62%
Original Mortgage
$273,000
Outstanding Balance
$209,630
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$557,475

Purchase Details

Closed on
May 30, 2008
Sold by
Mercado Blanca G and The Blanca G Mercado 2003 Trus
Bought by
Mercado Blanca G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2008
Sold by
Mercado Blanca G
Bought by
Mercado Blanca G and Blanca G Mercado 2003 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.05%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 22, 2003
Sold by
Mercado Blanca
Bought by
Mercado Blanca G and The Blanca G Mercado 2003 Trus

Purchase Details

Closed on
Jul 3, 2002
Sold by
Mercado Silvio
Bought by
Mercado Silvio and Mercado Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.7%

Purchase Details

Closed on
Feb 14, 2001
Sold by
Mercado Lucy
Bought by
Mercado Silvio

Purchase Details

Closed on
Feb 10, 2000
Sold by
Mercado Lucy
Bought by
Mercado Lucy and Mercado Silvio
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
Manzano Adolfo $390,000 First American Title Company
Mercado Blanca G -- Fidelity National Title Co
Mercado Blanca G -- Investors Title Company
Mercado Blanca G -- Investors Title
Mercado Blanca G -- --
Mercado Silvio -- Fidelity National Title Co
Mercado Silvio -- Fidelity National Title
Mercado Lucy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzano Adolfo $273,000
Previous Owner Mercado Blanca G $300,000
Previous Owner Mercado Blanca G $40,000
Previous Owner Mercado Silvio $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $390,000 +0.3% $214 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $389,000 -- $214 / 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 $7,224 $468,711 $180,271 $288,440
2024 $7,224 $459,522 $176,737 $282,785
2023 $6,772 $450,513 $173,272 $277,241
2022 $6,392 $441,680 $169,875 $271,805
2021 $6,212 $433,021 $166,545 $266,476
2020 $6,255 $429,182 $164,838 $264,344
2019 $6,032 $420,779 $161,606 $259,173
2018 $5,900 $412,541 $158,438 $254,103
2016 $5,654 $395,947 $152,287 $243,660
2015 $1,655 $61,964 $20,374 $41,590
2014 $1,662 $60,751 $19,975 $40,776
Source: Public Records

Agents Affiliated with this Home

  • Yang-uk Kim

    Seller's Agent in 2015

    Yang-uk Kim

    RE/MAX

    (714) 763-2177

    142 Total Sales

    Yang-uk Kim
    Section Image
  • Mike Medina

    Buyer's Agent in 2015

    Mike Medina

    California Properties & Realty

    (562) 690-8450

    14 Total Sales

    Mike Medina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14210323

California Regional Multiple Listing Service (CRMLS)

APN: 6201-028-011

California Los Angeles County Huntington Park 90255 Walnut Park

2628 Hope St, Huntington Park, CA

This home is located at 2628 Hope St, Huntington Park, CA 90255 since 30 September 2014 and is currently estimated at $796,156, approximately $437 per square foot. This property was built in 1928. 2628 Hope St is a home located in Los Angeles County with nearby schools including Walnut Park Elementary School, Walnut Park Middle School, and Linda Esperanza Marquez High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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