NOT LISTED FOR SALE

3201 Euclid Ave Lynwood, CA 90262

Estimated Value: $748,000 - $915,000

6 Beds
4 Baths
2,348 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $375,000 $160 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,904/month

34 Days on Market

About This Home

As of September 2012

**STANDARD SALE!! ***Excellent Opportunity to Purchase Income Property in a Wonderful Neighborhood!!! ***This property is effectively 2 Completely Rehabbed & Separate 3bed/2bath Homes each w/ their own 2 car garage that rent for approx $1625/mth..each!!! Live in One & lease out the other...or lease them both...it's your choice. ***FULLY FENCED!!! ***Each home has their own Driveway and Walkway to the front door....effectively their own separate private yards!! Large square footage...(county records shows 2348 sq ft. Each unit is a 3 bedroom/2bath. **GRANITE COUNTERTOPS! **BRAND NEW KITCHEN APPLIANCES! **BRAND NEW PAINT! **BRAND NEW CARPET! **Turnkey & Ready to Lease! Quick response to all offers! **HURRY, WILL SELL FAST!**

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 08/01/2012

Last Buyer's Agent

Pablo Fuerte

VIP Real Estate Firm License #01308353

VIP Real Estate Firm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,776

Year Built

  • Built in 1922

Lot Details

  • 8,708 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 2,348 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 1109
  • Tax Tract Number 3025
  • Assessor Parcel Number 6176002061

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,776

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 6176002061
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 159.71

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Lot Info

  • Lot Size Sq Ft: 8708.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 3350.00
  • Gross Scheduled Income: 40200.00
  • Lot Size Area: 8708.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1109
  • Tax Tract Number: 3025
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2012
Sold by
Phoenix Realty Investments Llc
Bought by
Aceves Enrique and Aceves Gabriela
Total Days on Market
34
Current Estimated Value
$817,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,297
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2012
Sold by
Razo Angel and Argomaniz Maria Luisa
Bought by
Phoenix Realty Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 3, 2006
Sold by
Razo Angel and Argomaniz Maria Luisa
Bought by
Razo Angel and Argomaniz Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1996
Sold by
Martinez Oscar E and Martinez Maria E
Bought by
Razo Angel and Argomaniz Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,511
Interest Rate
7.34%

Purchase Details

Closed on
Jul 11, 1995
Sold by
Shomo Claudia H
Bought by
Martinez Oscar E and Martinez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

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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
Aceves Enrique $375,000 Ticor Title Riverside
Phoenix Realty Investments Llc $286,200 Accommodation
Razo Angel -- Old Republic Title Company
Razo Angel $138,500 Benefit Land Title Company
Martinez Oscar E $60,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aceves Enrique $363,297
Previous Owner Phoenix Realty Investments Llc $1,500,000
Previous Owner Razo Angel $396,000
Previous Owner Razo Angel $320,000
Previous Owner Razo Angel $100,000
Previous Owner Razo Angel $135,336
Previous Owner Razo Angel $124,511
Previous Owner Martinez Oscar E $80,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $375,000 -8.5% $160 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $410,000 -- $175 / 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
2024 $6,776 $452,721 $211,268 $241,453
2023 $6,727 $443,845 $207,126 $236,719
2022 $6,492 $435,143 $203,065 $232,078
2021 $6,254 $426,612 $199,084 $227,528
2020 $6,007 $422,238 $197,043 $225,195
2019 $6,397 $413,960 $193,180 $220,780
2018 $5,861 $405,844 $189,393 $216,451
2016 $5,462 $390,087 $182,040 $208,047
2015 $5,355 $384,228 $179,306 $204,922
2014 $5,237 $376,702 $175,794 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12096381

California Regional Multiple Listing Service (CRMLS)

APN: 6176-002-061