NOT LISTED FOR SALE

3301 Tecumseh Ave Lynwood, CA 90262

5 Beds
3 Baths
16,905 Sq Ft
0.53 Acres Lot

Sale Details

Date Sold: July 9, 2020

Last sale price $3,700,000 $219 Per Sq Ft

About This Home

As of July 2020

Sold before entry. Input for comparable use only

Last Agent to Sell the Property

Tony Regazzi

Keller Williams Rlty Whittier License #01003071 Listed on: 07/10/2020

Keller Williams Rlty Whittier

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 23,042 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 16,905 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 20 Parking Spaces
  • 20 Carport Spaces
  • Parking Available

Additional Features

  • Urban Location
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 113
  • Tax Tract Number 5222
  • Assessor Parcel Number 6208016026

Community Details

Building Details

  • 21 Leased Units
  • 20 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $488
  • Fuel Expense $210
  • Insurance Expense $5,509
  • Pest Control $1,650
  • Professional Management Expense $5,986
  • Trash Expense $3,228
  • Water Sewer Expense $1,357
  • New Taxes Expense $53,750
  • Operating Expense $32,931
  • Gross Income $244,860
  • Net Operating Income $66,963

Additional Features

  • 21 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962 | Remodeled

Lot Details

0.53 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 5986.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1357.00
  • Zoning: LYR1*
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6208016026
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 218.87

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 20.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1650.00
  • Sewer: Public Sewer
  • Trash Expense: 3228.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23042.00
  • Lot Size Acres: 0.5290

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 488.00
  • Fuel Expense: 210.00
  • Gross Income: 244860.00
  • Gross Scheduled Income: 244860.00
  • Insurance Expense: 5509.00
  • Lot Size Area: 23042.0000 Square Feet
  • Net Operating Income: 66963.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 21
  • Number Of Units Total: 21
  • Operating Expense: 32931.00
  • Rent Control: No
  • Total Actual Rent: 19960.00
  • Total Expenses: 32931.00

Tax Info

  • New Taxes Expense: 53750.00
  • Tax Census Tract: 5402.01
  • Tax Lot: 113
  • Tax Tract Number: 5222
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 For Sale $3,700,000 0.0% $219 / Sq Ft
07/09/2020 07/09/20 Sold $3,700,000 -- $219 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $56,983 $4,004,997 $1,244,796 $2,760,201
2024 $56,983 $3,926,469 $1,220,389 $2,706,080
2023 $56,562 $3,849,480 $1,196,460 $2,653,020
2022 $54,546 $3,774,000 $1,173,000 $2,601,000
2021 $52,497 $3,700,000 $1,150,000 $2,550,000
2020 $18,944 $1,132,947 $351,306 $781,641
2019 $19,970 $1,110,733 $344,418 $766,315
2018 $18,389 $1,088,955 $337,665 $751,290
2016 $17,026 $1,046,671 $324,554 $722,117
2015 $16,695 $1,030,950 $319,679 $711,271
2014 $16,436 $1,010,756 $313,417 $697,339
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20135958

California Regional Multiple Listing Service (CRMLS)
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