NOT LISTED FOR SALE

2769 E 57th St Huntington Park, CA 90255

Estimated Value: $897,000 - $1,064,000

6 Beds
5 Baths
3,817 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $635,000 $166 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,575/month

16 Days on Market

Highlights

  • Property is near public transit
  • Linda Esperanza Marquez High School Rated A-
  • Level Lot

About This Home

As of September 2016

THESE ARE 5 UNITS FOR THE PRICE OF FOUR!!! PRICED TO SELL! Bring your investors to this two-story building located close to public transportation and within walking distance of "La Pacific" . There is a ONE 2/1, plus FOUR 1/1. ITS 7 ROOMS 4 BATHROOMS TOTAL (PROPERTY PROFILE) . The building has 5 separate meters and 5 Garages. The property is a Non-Rent Control location perfect for investors. The high rental demand in Huntington Park ensures the steady cash flow good opportunity for any investor. THIS "AS IS" sale, 1031. Public records show it as 4 Units. Buyer to make his own due diligence.

Last Agent to Sell the Property

Oscar Loera

Oscar G. Loera License #01434624 Listed on: 08/10/2016

Last Buyer's Agent

Oscar Loera

Oscar G. Loera License #01434624 Listed on: 08/10/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,133

Year Built

  • Built in 1951

Lot Details

  • 6,572 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 5 Car Garage

Home Design

  • 3,817 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 140
  • Tax Tract Number 6674
  • Assessor Parcel Number 6309027013

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,680
  • Water Sewer Expense $3,360
  • New Taxes Expense $7,900
  • Gross Income $4,400
  • Net Operating Income $3,197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,133

Year Built

Built in 1951

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3360.00
  • Zoning: HPR3YY
  • Property Type: Residential Income
  • Parcel Number: 6309027013
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 166.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1680.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Near Public Transit
  • Lot Size Sq Ft: 6572.00
  • Price Per Lot Square Foot: 98.14

Multi Family

  • Gross Income: 4400.00
  • Gross Scheduled Income: 4400.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 3197.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 1203.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7900.00
  • Tax Lot: 140
  • Tax Tract Number: 6674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 2, 2016
Sold by
Flores Rene
Bought by
Autumn Wind Llc
Seller's Agent
Oscar Loera
Oscar G. Loera
Buyer's Agent
Oscar Loera
Oscar G. Loera
List Price
$645,000
Sold Price
$635,000
Premium/Discount to List
-$10,000
-1.55%
Total Days on Market
16
Current Estimated Value
$994,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,053
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Montoya Julio
Bought by
El Valle De Las Delicias

Purchase Details

Closed on
Aug 14, 2003
Sold by
El Valle De Las Delicias
Bought by
Flores Rene and Flores Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 4, 2000
Sold by
Montoya Julio
Bought by
Montoya Julio and Montoya Anahi

Purchase Details

Closed on
Nov 7, 1997
Sold by
Montoya Maria R
Bought by
Montoya Julio and Villalba Regina Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,492
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1994
Sold by
Montoya Filiberto E and Montoya Rosario
Bought by
Montoya Pedro E
Source: Public Records

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Range of Values:

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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
Autumn Wind Llc $635,000 Orange Coast Title Company
El Valle De Las Delicias -- Commerce Title
Flores Rene $390,000 Commerce Title
Montoya Julio -- Commerce Title
Montoya Julio $293,000 --
Montoya Maria R -- American Title Ins Co
Montoya Pedro E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Autumn Wind Llc $500,000
Closed Autumn Wind Llc $438,000
Previous Owner Flores Rene $312,000
Previous Owner Montoya Julio $280,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $635,000 -1.6% $166 / Sq Ft
08/10/2016 08/10/16 For Sale $645,000 -- $169 / 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
2024 $12,133 $722,514 $407,340 $315,174
2023 $11,921 $708,348 $399,353 $308,995
2022 $11,426 $694,460 $391,523 $302,937
2021 $11,267 $680,845 $383,847 $296,998
2019 $10,913 $661,353 $372,463 $288,890
2018 $10,678 $648,400 $365,160 $283,240
2016 $8,033 $468,399 $264,225 $204,174
2015 $7,901 $461,365 $260,257 $201,108
2014 $7,879 $452,328 $255,159 $197,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16176037

California Regional Multiple Listing Service (CRMLS)

APN: 6309-027-013