NOT LISTED FOR SALE

2979 Poplar Dr Lynwood, CA 90262

Estimated Value: $853,000 - $1,068,000

4 Beds
4 Baths
2,232 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $550,000 $246 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,855/month

140 Days on Market

Highlights

  • No Units Above
  • Tile Flooring
  • Paved or Partially Paved Lot
  • Private Yard
  • 4 Car Garage
  • Wall Furnace

About This Home

As of December 2016

NO RENT COTROL.. 4 units in one lot, 2 duplex and 2 double car garages with front and back yards.long term tenants. Bread and butter units, great rental area. Across from school. New exterior paint and titles floors. Kitchen and bath are remodeled in one . The others has some upgrades. 2 units are have been used like 2 BR... LIVE IN ONE AND RENT THE OTHER 3 UNITS TO PAY FOR THE MORTGAGE. close to church, school and shopping.

Last Agent to Sell the Property

Socorro Garcia

Berkshire Hathaway HomeServices California Properties License #00877467 Listed on: 09/14/2016

Last Buyer's Agent

BRENDA cano

Brenda Cano, Broker License #01765027

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 1929

Lot Details

  • 6,536 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • 2,232 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 20
  • Assessor Parcel Number 6170023012

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,124

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 6170023012
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Dining Room, Living Room
  • Levels: One
  • Price Per Square Foot: 246.42

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Paved, Yard
  • Lot Size Sq Ft: 6536.00
  • Price Per Lot Square Foot: 84.15

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 500
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 20
  • Tax Annual Amount: 5124.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2016
Sold by
Paredes Miguel E and Romero Maria
Bought by
Munoz Ivan
Current Estimated Value
$964,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,240
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2015
Sold by
Paredes Gustavo
Bought by
Paredesromero Revocable Living Trust

Purchase Details

Closed on
Feb 15, 2007
Sold by
Romero Maria
Bought by
Paredes Gustavo
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
Munoz Ivan $550,000 Provident Title Company
Paredesromero Revocable Living Trust -- None Available
Paredes Gustavo -- None Available
Paredes Miguel E -- None Available
Paredes Gustavo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Ivan $537,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $550,000 0.0% $246 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $550,000 0.0% $246 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $550,000 -- $246 / 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 $9,322 $638,316 $313,355 $324,961
2024 $9,322 $625,801 $307,211 $318,590
2023 $9,253 $613,532 $301,188 $312,344
2022 $8,927 $601,503 $295,283 $306,220
2021 $8,602 $589,710 $289,494 $300,216
2019 $8,804 $572,220 $280,908 $291,312
2018 $8,123 $561,000 $275,400 $285,600
2016 $5,843 $400,866 $221,779 $179,087
2015 $5,124 $346,471 $141,415 $205,056
2014 $5,026 $339,685 $138,645 $201,040
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Socorro Garcia

    Berkshire Hathaway HomeServices California Properties

  • BRENDA cano

    Buyer's Agent in 2016

    BRENDA cano

    Brenda Cano, Broker

    (323) 363-6120

    25 Total Sales

    BRENDA cano
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16119058

California Regional Multiple Listing Service (CRMLS)

APN: 6170-023-012

California Los Angeles County Lynwood 90262

2979 Poplar Dr, Lynwood, CA

Not Listed for Sale

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