NOT LISTED FOR SALE

2738 E 110th St Lynwood, CA 90262

Estimated Value: $851,000 - $961,000

6 Beds
4 Baths
1,988 Sq Ft
$459/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $800,000 $402 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,797/month

3 Days on Market

About This Home

As of July 2021

BRAND NEW CONSTRUCTION! Perfect for living in one and renting the other or a great investment opportunity! The single family home is comprised of 1337 SF and includes FOUR bedrooms, THREE bathrooms and a laundry room. One bedroom is downstairs which is perfect for having guests. The ADU is comprised of 651 SF and includes TWO bedrooms, one bathroom and comes with its own laundry area as well! THAT'S NOT ALL- All units will come with brand new appliances consisting of refrigerator, stove, microwave, washer and dryer! Each unit has A/C and Heat. Each unit will have it's own gas, electric and water meter. Each unit has large attic space for tons of storage. There are fire sprinklers in both units and brand new sewer connection to the street! Buyer to verify any and all information.

Last Agent to Sell the Property

Shawn Khakwani

Rafael Renderos, Broker License #02031958 Listed on: 05/21/2021

Last Buyer's Agent

Rodrigo Juarez Lopez

Enterprise Real Estate Sales License #01913005

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,360 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,988 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 10 / 8
  • Tax Tract Number 5418

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $150
  • Trash Expense $250
  • New Taxes Expense $9,375
  • Operating Expense $9,775
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • New Construction: Yes
  • Property Type: Residential Income
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 402.41

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Unknown
  • Trash Expense: 250.00
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3360.00
  • Lot Size Acres: 0.0771
  • Latitude Manual: 33.93515500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 651 Square Feet
  • Gross Income: 62400.00
  • Insurance Expense: 150.00
  • Lot Size Area: 3360.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Expenses: 9775.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Block: 8
  • Tax Lot: 10
  • Tax Tract: 5418
  • Tax Tract Number: 5418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Vargas International Properties
Bought by
Southern California Gas Company
Current Estimated Value
$912,933

Purchase Details

Closed on
Jun 29, 2020
Sold by
Calderon Inder Samuel and Calderon Hilda
Bought by
Vargas International Properties

Purchase Details

Closed on
Jan 6, 2012
Sold by
Campos Ernesto J
Bought by
Campos Ernesto J and Calderon Inder Samuel
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
Southern California Gas Company -- Accommodation
Vargas International Properties $125,000 North American Title
Campos Ernesto J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $800,000 0.0% $402 / Sq Ft
05/28/2021 05/28/21 Price Changed $800,000 +6.7% $402 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $749,999 -- $377 / 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 $12,335 $848,965 $212,241 $636,724
2024 $11,570 $832,320 $208,080 $624,240
2023 $11,485 $816,000 $204,000 $612,000
2022 $10,865 $800,000 $200,000 $600,000
2021 $1,980 $125,000 $125,000 $0
2020 $390 $17,235 $17,235 $0
2019 $407 $16,898 $16,898 $0
2018 $389 $16,567 $16,567 $0
2016 $370 $15,925 $15,925 $0
2015 $366 $15,686 $15,686 $0
2014 $360 $15,379 $15,379 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21098380

California Regional Multiple Listing Service (CRMLS)

APN: 6170-013-028