NOT LISTED FOR SALE

3310 Burton Ave Unit A Lynwood, CA 90262

Estimated Value: $1,062,000 - $1,301,547

10 Beds
5 Baths
3,412 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $800,000 $234 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,403/month

23 Days on Market

Highlights

  • Solar Power System
  • Private Yard
  • Energy-Efficient Windows
  • Fireplace in Bathroom
  • Laundry Room

About This Home

As of November 2017

Looking for rental income this is it! Renovated with solar energy efficiency! 3 units are 2 bedrooms and 1 bath. and a house with 4 bedrooms and 2 baths. Must see to appreciate!

Last Agent to Sell the Property

Eyvonne Mojica

Your Home Real Estate, Inc. License #01790279 Listed on: 06/28/2017

Last Buyer's Agent

bing hou

IRN Realty License #01026586

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,000

Year Built

  • Built in 1956

Lot Details

  • 7,803 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,412 Sq Ft Home
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors
  • Solar Power System

Listing and Financial Details

  • Tax Lot 1055
  • Tax Tract Number 3025
  • Assessor Parcel Number 6168022003

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $800
  • Maintenance Expense $2,400
  • Trash Expense $768
  • Water Sewer Expense $5,856
  • New Taxes Expense $9,750
  • Operating Expense $20,774
  • Gross Income $60,300
  • Net Operating Income $51,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,000

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 5856.00
  • Zoning: LYR3YY
  • Property Type: Residential Income
  • Parcel Number: 6168022003
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Bath, Kitchen, Living Room
  • Price Per Square Foot: 234.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 768.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Doors, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7803.00

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 60300.00
  • Gross Scheduled Income: 60300.00
  • Insurance Expense: 800.00
  • Maintenance Expense: 2400.00
  • Net Operating Income: 51676.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8624.00
  • Rent Control: No
  • Total Expenses: 20774.00

Tax Info

  • New Taxes Expense: 9750.00
  • Tax Census Tract: 5405.02
  • Tax Lot: 1055
  • Tax Tract Number: 3025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2019
Sold by
Wang Yang and Lang Man
Bought by
Raymel Success Llc
Current Estimated Value
$1,159,887

Purchase Details

Closed on
Jan 18, 2018
Sold by
Lang Man
Bought by
Wang Yang and Lang Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2017
Closed on
Oct 17, 2017
Sold by
Gonzalez Beatriz
Bought by
Gonzalez Ricardo
Seller's Agent
Eyvonne Mojica
Your Home Real Estate, Inc.
Buyer's Agent
bing hou
IRN Realty
List Price
$780,000
Sold Price
$800,000
Premium/Discount to List
$20,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Aug 3, 2017
Sold by
Gonzalez Juan Carlos and Gonzalez Manuel
Bought by
Lang Man

Purchase Details

Closed on
Apr 20, 2007
Sold by
Gonzalez Juan Carlos
Bought by
Gonzalez Juan Carlos and Gonzalez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2002
Sold by
Gonzalez Ricardo
Bought by
Gonzalez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,481
Interest Rate
6.86%

Purchase Details

Closed on
May 11, 1999
Sold by
Gonzalez Sandra
Bought by
Gonzalez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,552
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Gonzalez Ricardo and Gonzalez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,552
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 1999
Sold by
Denton Horace L
Bought by
Washington Mutuall Bank Fa and Home Svgs Of America Fsb
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
Raymel Success Llc -- Accommodation
Wang Yang -- Pacific Coast Title
Gonzalez Ricardo -- Pacific Coast Title Company
Gonzalez Manuel -- Pacific Coast Title Company
Gonzalez Juan Carlos -- Pacific Coast Title Company
Lang Man $800,000 Pacific Coast Title Company
Gonzalez Juan Carlos -- Accommodation
Gonzalez Juan Carlos -- Stewart Title
Gonzalez Ricardo -- Chicago Title Co
Gonzalez Ricardo $218,000 Chicago Title Co
Washington Mutuall Bank Fa $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Yang $560,000
Previous Owner Gonzalez Juan Carlos $250,000
Previous Owner Gonzalez Juan C $150,000
Previous Owner Gonzalez Juan Carlos $250,000
Previous Owner Gonzalez Juan Carlos $216,481
Previous Owner Gonzalez Ricardo $216,552
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $800,000 +2.6% $234 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $780,000 -- $229 / 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 $13,000 $910,257 $273,076 $637,181
2024 $13,000 $892,410 $267,722 $624,688
2023 $12,905 $874,913 $262,473 $612,440
2022 $13,534 $940,804 $378,424 $562,380
2021 $13,030 $922,357 $371,004 $551,353
2020 $11,492 $832,320 $249,696 $582,624
2019 $12,278 $816,000 $244,800 $571,200
2018 $11,289 $800,000 $240,000 $560,000
2017 $18,293 $401,703 $144,216 $257,487
2016 $5,730 $393,828 $141,389 $252,439
2015 $5,616 $387,914 $139,266 $248,648
2014 $5,506 $380,316 $136,538 $243,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17159096

California Regional Multiple Listing Service (CRMLS)

APN: 6168-022-003