Seller's Agent in 2018
Danny Hy
Pinnacle Real Estate Group
(626) 831-2709
57 Total Sales
3147 E Imperial Hwy Lynwood, CA 90262
Estimated Value: $1,079,000 - $1,431,000
6
Beds
4
Baths
3,442
Sq Ft
$379/Sq Ft
Est. Value
About This Home
As of May 2018Condo-Style 4plex, all 4 units have been remodeled with tile flooring, new wall heaters, 2 units with upgraded electrical and new exterior paint! Total 4 Huge units, TWO 2 Bed/1.5 baths (2-story condo-style units) and TWO 800-900 sqft 1 Bed/1 bath Condo-style units. Total 6 large single-car parking garage with new garage doors about 2 years old, each unit is assigned one-car garage. Extra 2 garages can be rent out as extra parking income. Laundry room on property, laundry hook-up installed. Currently occupied by on-site property manager, can be use for extra laundry income. Property can park an additional 7 more cars, totaling 13 parking spaces. This property is located in a prime location, conveniently located near Lynwood Shopping Plaza, restaurants and school. Easily rent out, fully occupied. No Rent control, minimal maintenance. Net Income about $46,228 AFTER New Tax, 5.6% cap rate! Rents are low now, and have lots of room to go up, plus extra garage rental and laundry incomes!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,991
Year Built
- Built in 1964
Lot Details
- 4,838 Sq Ft Lot
- Two or More Common Walls
Parking
- 6 Car Garage
Home Design
- 3,442 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Sewer Paid
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 6170038012
Community Details
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $100
- Insurance Expense $1,000
- Trash Expense $180
- Water Sewer Expense $175
- New Taxes Expense $10,312
- Operating Expense $1,397
- Gross Income $63,000
- Net Operating Income $46,228
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2020
Sold by
3147 Imperial Highway Llc
Bought by
3147 Imperial Highway Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$664,062
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$642,001
Purchase Details
Closed on
Nov 6, 2019
Sold by
Brambila Gerardo
Bought by
3147 Imperial Highway Llc
Purchase Details
Listed on
Mar 20, 2018
Closed on
May 17, 2018
Sold by
Rarba Dora
Bought by
Brambila Gerardo
Seller's Agent
Danny Hy
Pinnacle Real Estate Group
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$495,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Mar 20, 2018
Closed on
May 5, 2018
Sold by
Chu William Pe
Bought by
Brambila Gerardo
Seller's Agent
Danny Hy
Pinnacle Real Estate Group
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 9, 2013
Sold by
Chu William
Bought by
Chu William Pe and Chu Linda P
Purchase Details
Closed on
Aug 12, 2011
Sold by
Izetta Inc
Bought by
Chu William and Chu Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2011
Sold by
Fernandez Roberto
Bought by
Izzeta Inc
Purchase Details
Closed on
Mar 23, 2010
Sold by
Urieta Rodolfo
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Mar 19, 2010
Sold by
Fernandez Lucia
Bought by
Fernandez Roberto
Purchase Details
Closed on
Oct 6, 2009
Sold by
Urieta Rodolfo
Bought by
Fernandez Roberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,818
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 3, 2005
Sold by
Mejia Candelario
Bought by
Urieta Rodolfo and Urieta Irma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
6.39%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 26, 2003
Sold by
Gardea Mariza
Bought by
Mejia Candelario and Polanco Ana A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2001
Sold by
Torres Jose and Torres Martha
Bought by
Gardea Mariza
Purchase Details
Closed on
Jul 27, 1999
Sold by
Torres Jose
Bought by
Torres Jose and Torres Martha
Purchase Details
Closed on
Feb 5, 1998
Sold by
Jaramillo Carolina
Bought by
Jaramillo Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,305
Interest Rate
7.06%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 27, 1997
Sold by
Jaramillo Mario
Bought by
Torres Jose and Torres Martha
Purchase Details
Closed on
Mar 21, 1995
Sold by
Jaramillo Carolina
Bought by
Jaramillo Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,048
Interest Rate
8.86%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 31, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jaramillo Mario and Lara Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,048
Interest Rate
8.86%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 1994
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Aug 25, 1994
Sold by
Reyna Jose E
Bought by
Wells Fargo Bank Na
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3147 Imperial Highway Llc | -- | Lawyers Title | |
| 3147 Imperial Highway Llc | -- | None Available | |
| Brambila Gerardo | -- | Ticor Title Company Of Calif | |
| Brambila Gerardo | $825,000 | Ticor Title Company Of Calif | |
| Chu William Pe | -- | None Available | |
| Chu William | $440,000 | Fidelity National Title Co | |
| Izzeta Inc | -- | None Available | |
| Federal Home Loan Mortgage Corporation | $333,000 | Accommodation | |
| Fernandez Roberto | -- | Lawyers Title | |
| Fernandez Roberto | $365,000 | Lawyers Title | |
| Urieta Rodolfo | $665,000 | Equity Title Company | |
| Mejia Candelario | $347,000 | Orange Coast Title | |
| Gardea Mariza | $9,000 | -- | |
| Torres Jose | -- | -- | |
| Jaramillo Mario | -- | Stewart Title | |
| Torres Jose | -- | Stewart Title | |
| Torres Jose | -- | -- | |
| Jaramillo Mario | -- | First American Title Company | |
| Jaramillo Mario | $200,000 | First American Title Company | |
| Federal Home Loan Mortgage Corporation | -- | -- | |
| Wells Fargo Bank Na | $165,954 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3147 Imperial Highway Llc | $750,000 | |
| Previous Owner | Brambila Gerardo | $495,000 | |
| Previous Owner | Chu William | $330,000 | |
| Previous Owner | Fernandez Roberto | $352,818 | |
| Previous Owner | Urieta Rodolfo | $498,750 | |
| Previous Owner | Mejia Candelario | $277,600 | |
| Previous Owner | Torres Jose | $19,305 | |
| Previous Owner | Jaramillo Mario | $193,048 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2018 05/23/18 | Sold | $825,000 | 0.0% | $240 / Sq Ft |
| 04/18/2018 04/18/18 | Pending | -- | -- | -- |
| 03/20/2018 03/20/18 | For Sale | $825,000 | -- | $240 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,991 | $1,148,323 | $459,329 | $688,994 |
| 2024 | $15,991 | $1,125,808 | $450,323 | $675,485 |
| 2023 | $15,873 | $1,103,735 | $441,494 | $662,241 |
| 2022 | $15,296 | $1,082,094 | $432,838 | $649,256 |
| 2021 | $14,722 | $1,060,877 | $424,351 | $636,526 |
| 2020 | $11,725 | $858,330 | $234,090 | $624,240 |
| 2019 | $12,535 | $841,500 | $229,500 | $612,000 |
| 2018 | $7,207 | $485,714 | $253,896 | $231,818 |
| 2016 | $6,708 | $466,855 | $244,038 | $222,817 |
| 2015 | $6,575 | $459,844 | $240,373 | $219,471 |
| 2014 | $6,438 | $450,837 | $235,665 | $215,172 |
Source: Public Records
Agents Affiliated with this Home
-
Danny Hy
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR18064363
APN: 6170-038-012
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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