NOT LISTED FOR SALE

3302 Hope St Huntington Park, CA 90255

Estimated Value: $951,000 - $1,127,771

6 Beds
4 Baths
2,656 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $950,000 $358 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,923/month

97 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Flooring
  • Linda Esperanza Marquez High School Rated A-
  • Laundry Room
  • Block Wall Fence

About This Home

As of March 2021

3302 Hope Street is a 4-unit fully occupied property, offering investors an excellent opportunity within a great community and a thriving rental market. This 2 building property was constructed in 1964, providing 2,656 of interior square footage, while sitting on a large 6,869 square foot lot. This property has a diverse unit mix, featuring 2 (2 bed / 1 bath) and 2 (1 bed / 1 bath) floor plans, 4 total parking spaces, while all units have separate electric and gas meters.

The rear building offers the following recent upgrades: dual pain windows, interior light fixtures, laminate and tile floors. One unit has a new kitchen counter top while all units have freshly applied exterior and interior paint. Prime Location in Huntington Park and conveniently located near schools, Downtown LA, Parks & Recreation, Restaurants, Shopping Centers, and LAX.

Last Agent to Sell the Property

Daisy Garcia

RE/MAX One License #02025975 Listed on: 11/09/2020

RE/MAX One

Last Buyer's Agent

Maria Burbano

Century 21 Masters License #01219617

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,574

Year Built

  • Built in 1964

Lot Details

  • 6,869 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,656 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 107
  • Tax Tract Number 2599
  • Assessor Parcel Number 6213016015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,574

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 714-878-0440
  • Property Attached: Yes
  • Zoning: HPR2YY
  • Property Type: Residential Income
  • Parcel Number: 6213016015
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 357.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 6869.00
  • Lot Size Acres: 0.1577

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6869.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5345.01
  • Tax Lot: 107
  • Tax Tract Number: 2599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Mar 2, 2021
Sold by
Gardenview Group Llc
Bought by
Burbano Jordi A
Seller's Agent
Daisy Garcia
RE/MAX One
Buyer's Agent
Maria Burbano
Century 21 Masters
List Price
$1,090,000
Sold Price
$950,000
Premium/Discount to List
-$140,000
-12.84%
Current Estimated Value
$1,027,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,291
Avg. Annual Appreciation
1.61%
Original Mortgage
$535,000
Outstanding Balance
$481,999
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$536,944

Purchase Details

Closed on
Dec 15, 2017
Sold by
Garcia Hector C and Cabral Hector Garcia
Bought by
Gardenview Group Llc
Source: Public Records

Range of Values:

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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
Burbano Jordi A $950,000 Fidelity National Title Oc
Gardenview Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burbano Jordi A $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $950,000 -5.0% $358 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $1,000,000 -7.8% $377 / Sq Ft
12/10/2020 12/10/20 Price Changed $1,085,000 -0.5% $409 / Sq Ft
11/09/2020 11/09/20 For Sale $1,090,000 -- $410 / 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 $15,574 $1,028,309 $595,337 $432,972
2024 $15,574 $1,008,147 $583,664 $424,483
2023 $15,289 $988,380 $572,220 $416,160
2022 $14,615 $969,000 $561,000 $408,000
2021 $8,082 $487,642 $158,647 $328,995
2020 $8,106 $482,643 $157,021 $325,622
2019 $7,817 $473,181 $153,943 $319,238
2018 $7,630 $463,904 $150,925 $312,979
2016 $7,273 $445,892 $145,065 $300,827
2015 $7,150 $439,195 $142,886 $296,309
2014 $7,132 $430,593 $140,088 $290,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20235903

California Regional Multiple Listing Service (CRMLS)

APN: 6213-016-015