NOT LISTED FOR SALE

2957 Poplar Dr Lynwood, CA 90262

Estimated Value: $1,158,000 - $1,479,000

8 Beds
4 Baths
3,492 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $800,000 $229 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,097/month

11 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of June 2017

Rare to find!! Four units in the heart of Lynwood about three blocks from plaza Mexico. 4 houses on a lot, one is 2 bedrooms 1 bath and the other three are two bedrooms one bath plus bonus room with their own one car detached garage, total of seven buildings on the lot, each units is about 873 sq. feet and all have separate gas, electrical and water meters , very good tenants. Two units are on Poplar Dr. and the other two are on Norton Ave. Please do not disturb tenant. For showings please see agent's remarks.

Last Agent to Sell the Property

Roberto Ramirez

Realty Executives All Cities License #01262549 Listed on: 04/03/2017

Realty Executives All Cities

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,381

Year Built

  • Built in 1948

Lot Details

  • 9,793 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,492 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, water
  • Tax Lot 10
  • Assessor Parcel Number 6170023006

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $50
  • Insurance Expense $1,224
  • Maintenance Expense $1,400
  • New Taxes Expense $9,937
  • Operating Expense $12,611
  • Gross Income $61,100
  • Net Operating Income $48,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,381

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: (562)522-0768
  • Property Attached: No
  • Zoning: LYR2YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 6170023006
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 229.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9793.00

Rental Info

  • Tenant Pays: All Utilities, Water

Multi Family

  • Gross Income: 61100.00
  • Gross Scheduled Income: 61100.00
  • Insurance Expense: 1224.00
  • Maintenance Expense: 1400.00
  • Net Operating Income: 48489.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12611.00
  • Rent Control: No
  • Total Actual Rent: 5150.00
  • Total Expenses: 12611.00

Tax Info

  • New Taxes Expense: 9937.00
  • Tax Census Tract: 5403.00
  • Tax Lot: 10
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
2017 Elizabeth Gonzalez Gomez Separate P and Gomez Elizabeth Gonzalez
Bought by
Colmex Fix & Flip Llc
Current Estimated Value
$1,333,844

Purchase Details

Closed on
Aug 31, 2017
Sold by
Gomez Elizabeth Gonzalez
Bought by
Gomez Elizabeth Gonzalez and The 2017 Elizabeth Gonzalez Go

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 10, 2017
Sold by
Mejia Sanchez Elisa V
Bought by
Ramirez Roberto A
Seller's Agent
Roberto Ramirez
Realty Executives All Cities
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$785,000
Sold Price
$800,000
Premium/Discount to List
$15,000
1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$562,350
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 8, 2017
Sold by
Ramirez Roberto A
Bought by
Gomez Elizabeth Gonzalez
Seller's Agent
Roberto Ramirez
Realty Executives All Cities
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$785,000
Sold Price
$800,000
Premium/Discount to List
$15,000
1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,350
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Quinonez Jose E
Bought by
Ramirez Roberto A

Purchase Details

Closed on
May 14, 2002
Sold by
Sibrian Ramirez Salvador and Flores Jorge A
Bought by
Ramirez Roberto A and Quinonez Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.83%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Valle Juan and Valle Maria E
Bought by
Sibrian Ramirez Salvador and Flores Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,786
Interest Rate
7.09%
Mortgage Type
FHA
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
Colmex Fix & Flip Llc -- None Listed On Document
Gomez Elizabeth Gonzalez -- None Available
Ramirez Roberto A -- Old Republic Title Company
Gomez Elizabeth Gonzalez $800,000 Old Republic Title Company
Ramirez Roberto A -- --
Ramirez Roberto A $275,000 Gateway Title
Sibrian Ramirez Salvador $208,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Elizabeth Gonzalez $562,350
Previous Owner Ramirez Roberto A $261,250
Previous Owner Sibrian Ramirez Salvador $204,786
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $800,000 +1.9% $229 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $785,000 -- $225 / 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 $13,381 $928,465 $348,173 $580,292
2024 $13,381 $910,261 $341,347 $568,914
2023 $13,285 $892,413 $334,654 $557,759
2022 $12,815 $874,916 $328,093 $546,823
2021 $12,344 $857,761 $321,660 $536,101
2020 $11,844 $848,966 $318,362 $530,604
2019 $12,645 $832,320 $312,120 $520,200
2018 $11,604 $816,000 $306,000 $510,000
2017 $5,749 $350,031 $140,010 $210,021
2016 $5,290 $343,168 $137,265 $205,903
2015 $5,189 $338,015 $135,204 $202,811
2014 $5,095 $331,395 $132,556 $198,839
Source: Public Records

Agents Affiliated with this Home

  • Roberto Ramirez

    Seller's Agent in 2017

    Roberto Ramirez

    Realty Executives

    (562) 522-0768

    1 in this area

    9 Total Sales

    Roberto Ramirez
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    5,993 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17069672

California Regional Multiple Listing Service (CRMLS)

APN: 6170-023-006

California Los Angeles County Lynwood 90262

2957 Poplar Dr, Lynwood, CA

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