NOT LISTED FOR SALE

2926 Poplar Dr Lynwood, CA 90262

Estimated Value: $728,000 - $767,695

5 Beds
3 Baths
1,698 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $485,000 $286 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,738/month

50 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cooling Available
  • Laundry Room
  • Granite Countertops
  • Living Room
  • Tile Flooring

About This Home

As of September 2016

2 units in the City of Lynwood, very high rent demand, great as an investment... take a look !! inmaculate condition, nice lot size, tile floor , granite counter in the kitchen. Front Unit: 4 bedrooms, 2 bathrooms, Back unit: 1 bedroom 1 bath. Great income.
You must see !! Close to Plaza Mexico, schools, shopping centers and main streets in Lynwood.

Last Agent to Sell the Property

Bertha Tapia-Jaramillo

Dynasty Real Estate License #01956975 Listed on: 07/12/2016

Dynasty Real Estate

Last Buyer's Agent

Bertha Tapia-Jaramillo

Dynasty Real Estate License #01956975 Listed on: 07/12/2016

Dynasty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,152

Year Built

  • Built in 1945

Lot Details

  • 6,471 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,698 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, trash collection
  • Tax Lot 70.7
  • Tax Tract Number 5403
  • Assessor Parcel Number 6170022018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Trash Expense $300
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,187
  • Operating Expense $9,537
  • Gross Income $3,200
  • Net Operating Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,152

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 5626676372
  • Other Phone Number: 5626676372
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 6170022018
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Price Per Square Foot: 285.63
  • Room Type: Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6471.00
  • Price Per Lot Square Foot: 74.95

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Trash Collection

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 650.00
  • Net Operating Income: 35400.00
  • 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: 2700.00
  • Rent Control: No
  • Total Actual Rent: 900.00
  • Total Expenses: 9537.00

Tax Info

  • New Taxes Expense: 6187.00
  • Tax Lot: 70.7
  • Tax Tract Number: 5403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Sandoval Francisco Ramirez and Ramirez Francisco
Bought by
Francisco Ramirez And Margarita Ramirez Revoc and Ramirez
Current Estimated Value
$746,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,470
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$700,156

Purchase Details

Closed on
Aug 16, 2023
Sold by
Ramirez Francisco and Ramirez Margarita
Bought by
Francisco Ramirez And Margarita Ramirez Revoc and Ramirez

Purchase Details

Closed on
Nov 12, 2019
Sold by
Sandoval Francisco Ramirez and Ramirez Margarita
Bought by
Sandoval Francisco Ramirez and Ramirez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2016
Closed on
Aug 11, 2016
Sold by
Uscanga Jose and Avila David
Bought by
Ramirez Francisco and Ramirez Margarita
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$476,215
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2015
Closed on
Aug 6, 2015
Sold by
Avila Rosaura
Bought by
Avila David
Seller's Agent
JOCELYN SICAT
JOCELYN SICAT, BROKER
Buyer's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
List Price
$405,800
Sold Price
$419,000
Premium/Discount to List
$13,200
3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$405,015
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 10, 2015
Closed on
Jul 8, 2015
Sold by
Campos Angelina
Bought by
Uscanga Jose and Avila David
Seller's Agent
JOCELYN SICAT
JOCELYN SICAT, BROKER
Buyer's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
List Price
$405,800
Sold Price
$419,000
Premium/Discount to List
$13,200
3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,015
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2013
Closed on
Feb 4, 2014
Sold by
Enciso Luis
Bought by
Campos Angelina
Seller's Agent
Humberto Lopez
Century 21 A Better Service
Buyer's Agent
Humberto Lopez
Century 21 A Better Service
List Price
$210,000
Sold Price
$298,000
Premium/Discount to List
$88,000
41.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%
Original Mortgage
$278,000
Interest Rate
4.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 15, 2007
Sold by
Enciso Luis
Bought by
Enciso Luis and Enciso Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Enciso Mariela and Delgado Ramon
Bought by
Enciso Luis and Enciso Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.65%

Purchase Details

Closed on
Jan 31, 1996
Sold by
Delgado E Mariela and Enciso Luis M
Bought by
Delgado E Mariela and Delgado Ramon

Purchase Details

Closed on
Jun 1, 1994
Sold by
Montes Gloria
Bought by
Delgado E Mariela and Enciso Luis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.75%
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
Francisco Ramirez And Margarita Ramirez Revoc -- First American Title Insurance
Francisco Ramirez And Margarita Ramirez Revoc -- First American Title Insurance
Francisco Ramirez And Margarita Ramirez Revoc -- None Listed On Document
Sandoval Francisco Ramirez -- Ticor Title Company Of Ca
Ramirez Francisco $485,000 Ticor Title
Avila David -- First American Title
Uscanga Jose $419,000 Fatcola
Campos Angelina $298,500 Provident Title Company
Enciso Luis -- Provident Title Company
Enciso Luis -- Accommodation
Enciso Luis -- Old Republic Title
Enciso Luis -- Commerce Title Company
Delgado E Mariela -- --
Delgado E Mariela $175,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francisco Ramirez And Margarita Ramirez Revoc $100,000
Closed Francisco Ramirez And Margarita Ramirez Revoc $100,000
Previous Owner Sandoval Francisco Ramirez $502,500
Previous Owner Sandoval Francisco Ramirez $473,000
Previous Owner Sandoval Francisco Ramirez $468,000
Previous Owner Ramirez Francisco $476,215
Previous Owner Uscanga Jose $405,015
Previous Owner Campos Angelina $278,000
Previous Owner Enciso Luis $500,000
Previous Owner Enciso Luis $432,000
Previous Owner Enciso Luis $54,000
Previous Owner Enciso Luis $420,000
Previous Owner Enciso Luis $352,000
Previous Owner Enciso Luis $270,000
Previous Owner Enciso Luis $189,000
Previous Owner Delgado E Mariela $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $485,000 0.0% $286 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $485,000 0.0% $286 / Sq Ft
07/12/2016 07/12/16 For Sale $485,000 0.0% $286 / Sq Ft
07/07/2016 07/07/16 Off Market $485,000 -- --
06/22/2016 06/22/16 For Sale $495,000 +18.1% $292 / Sq Ft
08/31/2015 08/31/15 Sold $419,000 +3.3% $247 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/10/2015 05/10/15 For Sale $405,800 +36.2% $239 / Sq Ft
02/18/2014 02/18/14 Sold $298,000 +41.9% $176 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $210,000 -- $124 / 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 $8,152 $562,877 $313,355 $249,522
2024 $8,152 $551,841 $307,211 $244,630
2023 $8,092 $541,022 $301,188 $239,834
2022 $7,804 $530,415 $295,283 $235,132
2021 $7,405 $520,016 $289,494 $230,522
2020 $7,101 $514,685 $286,526 $228,159
2019 $7,588 $504,594 $280,908 $223,686
2018 $6,982 $494,700 $275,400 $219,300
2016 $5,717 $419,000 $173,000 $246,000
2015 $4,341 $304,463 $126,987 $177,476
2014 $4,239 $297,711 $124,969 $172,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16137382

California Regional Multiple Listing Service (CRMLS)

APN: 6170-022-018