NOT LISTED FOR SALE

3321 Josephine St Lynwood, CA 90262

Estimated Value: $719,000 - $742,991

1 Bed
1 Bath
1,530 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $715,000 $467 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,944/month

71 Days on Market

Highlights

  • Laundry Room
  • Back and Front Yard
  • 1-Story Property

About This Home

As of October 2024

Charming Duplex in the heart of Lynwood. Each unit features 1 bedroom and 1 bathroom, offering a unique opportunity for those looking to invest in a project with immense potential. With a little TLC, these units can be transformed into modern, cozy living spaces or lucrative rental properties. Each unit renders a practical layout with a cozy living area, a comfortable bedroom and bathroom, separate dining and separate kitchen space.

With your creative vision and renovation work, these units can be transformed into stylish and modern living spaces. Nestled in a vibrant and growing neighborhood of Lynwood, this property offers convenient access to local amenities, schools, parks, and major transportation routes. The area is known for its strong sense of community and steady real estate appreciation. Don’t miss out on this rare chance to invest in a multi-unit property with endless potential. Schedule a viewing today and envision the possibilities that await!

TITLE SHOWS SFR HOWEVER, SUBJECT IS LEGAL DUPLEX, PLEASE SEE SUPPLEMENTS FOR CITY & ASSESSOR PERMITS, PRE SALE CITY REPORT - BUYER TO ASSUME CITY REPAIRS. 3321-3323 JOSEPHINE STREET, LOS ANGELES CA 90262. TWO ELECTRIC & TWO GAS METERS...

Last Agent to Sell the Property

Laura Borbon

Century 21 Allstars Brokerage Phone: 562-833-0055 License #01192623 Listed on: 06/24/2024

Century 21 Allstars

Last Buyer's Agent

Luis Martinez

Moderno Realty License #01307472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1929

Lot Details

  • 8,022 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 666
  • Tax Tract Number 2992
  • Assessor Parcel Number 6171023023
  • $769 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,483

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: 33.92189° N, 118.21213° W
  • Zoning: LYR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6171023023
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 467.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8022.00
  • Lot Size Acres: 0.1842

Multi Family

  • Lot Size Area: 8022.0000 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: Yes

Tax Info

  • Tax Census Tract: 5405.01
  • Tax Lot: 666
  • Tax Tract Number: 2992
  • TaxOtherAnnualAssessmentAmount: 769.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Sep 6, 2024
Sold by
Martin Tapia Barbosa Revocable Living Tr and Ruelas Carmen
Bought by
Martinez Daniel and Muniz Nancy
Seller's Agent
Laura Borbon
Century 21 Allstars
Buyer's Agent
Luis Martinez
Moderno Realty
List Price
$679,900
Sold Price
$715,000
Premium/Discount to List
$35,100
5.16%
Views
164
Current Estimated Value
$729,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,998
Avg. Annual Appreciation
1.96%
Original Mortgage
$702,049
Outstanding Balance
$694,142
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$35,856

Purchase Details

Closed on
Feb 25, 2020
Sold by
Barbosa Martin Tapia
Bought by
Martin Tapia Barbosa Revocable Living Trust
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
Martinez Daniel $715,000 Fidelity National Title
Martin Tapia Barbosa Revocable Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Daniel $702,049
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $715,000 +5.2% $467 / Sq Ft
06/24/2024 06/24/24 For Sale $679,900 -- $444 / 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 $1,483 $715,000 $525,000 $190,000
2024 $1,483 $53,777 $27,851 $25,926
2023 $1,474 $52,723 $27,305 $25,418
2022 $1,437 $51,690 $26,770 $24,920
2021 $1,395 $50,678 $26,246 $24,432
2019 $1,404 $49,176 $25,468 $23,708
2018 $1,213 $48,213 $24,969 $23,244
2016 $1,131 $46,343 $24,000 $22,343
2015 $1,113 $45,648 $23,640 $22,008
2014 $1,103 $44,754 $23,177 $21,577
Source: Public Records

Agents Affiliated with this Home

  • Laura Borbon

    Seller's Agent in 2024

    Laura Borbon

    Century 21 Allstars

    (562) 833-0055

    1 in this area

    65 Total Sales

    Laura Borbon
    Section Image
  • Luis Martinez

    Buyer's Agent in 2024

    Luis Martinez

    Moderno Realty

    1 in this area

    10 Total Sales

    Luis Martinez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24121487

California Regional Multiple Listing Service (CRMLS)

APN: 6171-023-023

California Los Angeles County Lynwood 90262

3321 Josephine St, Lynwood, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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