NOT LISTED FOR SALE

3186 Los Flores Blvd Lynwood, CA 90262

Estimated Value: $860,000 - $890,000

4 Beds
2 Baths
2,028 Sq Ft
$431/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $730,000 $360 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,493/month

129 Days on Market

About This Home

As of May 2022

Welcome to your new rental property. This is a beautiful and well kept duplex. The main unit faces Los Flores Street and the other unite faces Peach St. Both units have 2 bedrooms rooms and 1 bathroom. Both units have a front and side yards for activities or events. There is a living room and a dinning room and bay windows in the kitchen with a nook in the main unit. There is an additional service porch area for activities and it could serve as an office or workout area in the main unit. These are lovely, well kept units with full bathrooms with new features throughout the main unit. All bedrooms are nice sizes with plenty of closet space for storage. Both units have one car attached garages with washer and dryer hookups on the property with additional space behind it for storage in the main unit. This duplex is beautiful inside and out with a large front porch and located within walking distance to all major stores and resturants, no need to drive.

Last Agent to Sell the Property

Melvin Burrell

eXp Realty of California Inc License #00963914 Listed on: 12/05/2021

eXp Realty of California Inc

Last Buyer's Agent

Josephine San Lucas

KELLER WILLIAMS LARCHMONT License #01308257

KELLER WILLIAMS LARCHMONT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,719

Year Built

  • Built in 1928

Lot Details

  • 6,093 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,028 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 36 / 20
  • Tax Tract Number 540
  • Assessor Parcel Number 6170037019
  • $748 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,600
  • Operating Expense $10,380
  • Gross Income $43,800
  • Net Operating Income $33,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,719

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LYR3YY
  • Property Type: Residential Income
  • Parcel Number: 6170037019
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 359.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6093.00
  • Lot Size Acres: 0.1399

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6093.0000 Square Feet
  • Net Operating Income: 33420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10380.00
  • Rent Control: No
  • Total Expenses: 10380.00

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5403.00
  • Tax Lot: 36
  • Tax Tract Number: 540...
  • TaxOtherAnnualAssessmentAmount: 748.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
May 4, 2022
Sold by
Burrell Melvin J and Burrell Rochelle J
Bought by
Carrillo Gilberto
Seller's Agent
Melvin Burrell
eXp Realty of California Inc
Buyer's Agent
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
List Price
$749,950
Sold Price
$730,000
Premium/Discount to List
-$19,950
-2.66%
Current Estimated Value
$873,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,670
Avg. Annual Appreciation
5.21%
Original Mortgage
$716,777
Outstanding Balance
$677,253
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$196,417

Purchase Details

Closed on
Jul 29, 2017
Sold by
Foisia Whilhemina
Bought by
Burrell Melvin and The Garland Burrell Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2017
Sold by
Dorris Hampton Danielle
Bought by
Foisia Wilhemina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Dorsey Lurine S and Dorsey Wihie C
Bought by
Dorris Hampton Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Dorsey Willie C and Dorsey Laurine S
Bought by
Dorsey Willie C and Dorsey Lurine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Dorsey Willie C and Dorsey Lurine S
Bought by
Dorsey Willie C and Dorsey Lurine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2000
Sold by
Dorsey Willie C and Dorsey Lurine S
Bought by
Dorsey Willie C and Dorsey Lurine S

Purchase Details

Closed on
Dec 14, 1999
Sold by
Dorris Dayna Watson
Bought by
Dorsey Willie C and Dorsey Lurine S

Purchase Details

Closed on
May 16, 1994
Sold by
Dorris Maurice and Dorris Winona Marie
Bought by
Dorsey Willie C and Dorsey Lurine S
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
Carrillo Gilberto $730,000 New Title Company Name
Burrell Melvin I -- New Title Company Name
Burrell Melvin J -- New Title Company Name
Burrell Melvin -- None Available
Foisia Wilhemina $400,000 Wfg National Title Company
Dorris Hampton Danielle -- Accommodation
Dorsey Willie C -- --
Dorsey Willie C -- --
Dorsey Willie C -- --
Dorsey Willie C -- --
Dorsey Willie C -- --
Dorsey Willie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo Gilberto $716,777
Previous Owner Foisia Wilhemina $250,000
Previous Owner Dorsey Willie C $40,000
Previous Owner Dorsey Willie C $50,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $730,000 +0.1% $360 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
02/27/2022 02/27/22 Price Changed $729,000 -2.8% $359 / Sq Ft
12/05/2021 12/05/21 For Sale $749,950 0.0% $370 / Sq Ft
11/25/2020 11/25/20 Rented $1,875 +1.4% --
11/19/2020 11/19/20 For Rent $1,850 -- --
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 $10,719 $774,681 $477,543 $297,138
2024 $10,719 $759,492 $468,180 $291,312
2023 $10,981 $744,600 $459,000 $285,600
2022 $9,528 $667,806 $283,405 $384,401
2021 $10,301 $654,713 $277,849 $376,864
2020 $6,587 $470,260 $218,484 $251,776
2019 $7,031 $461,040 $214,200 $246,840
2018 $6,900 $452,000 $210,000 $242,000
2016 $3,862 $263,031 $116,221 $146,810
2015 $3,788 $259,081 $114,476 $144,605
2014 $3,710 $254,007 $112,234 $141,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21259825

California Regional Multiple Listing Service (CRMLS)

APN: 6170-037-019