Joanne Brown
JB Real Estate & Investment Inc
(562) 454-0350
30 Total Sales
1 in Lynwood
$665,000 Price
3331 Sanborn Ave Lynwood, CA 90262
Lynwood Area
13
Beds
6
Baths
4,746
Sq Ft
8,996
Sq Ft Lot
Highlights
- Contemporary Architecture
- Rectangular Lot
- Carpet
About This Home
As of September 2019CASH COW!! WEALTH-BUILDING OPPORTUNITY!! Come check out this wonderful 5-unit cash flowing property steps from the Plaza Mexico and the Green Line!! The property consists of an SFR with a 4-plex in the rear. Located on a side street half a block from happening Long Beach Blvd., the property offers unique access to shopping, dining, entertainment, and public transportation opportunities as well as to elementary and high schools. The property offers 5 covered parking spaces and is situated across the street from an ample public parking lot. 4,746 SF!! The tenants are currently on month-to-month. Current rents are substantially below market and total $7,205/mo. Potential rents are $9,300+/mo. Diversified mix of two and three bedroom units. Property will be delivered with current tenants in place. All tenants are on month to month. Lynwood is free of rent control. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS.
Last Agent to Sell the Property
Teamprovident, Inc. License #01208714 Listed on: 08/14/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 8,996 Sq Ft Lot
- Rectangular Lot
Home Design
- Contemporary Architecture
- Property Attached
- Frame Construction
- Stucco
Interior Spaces
- 2-Story Property
- Carpet
Bedrooms and Bathrooms
- 13 Bedrooms
- 6 Bathrooms
Parking
- 5 Parking Spaces
- 5 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 6173002018
Community Details
Overview
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,425
- Maintenance Expense $7,800
- Trash Expense $1,836
- Water Sewer Expense $4,235
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2019
Closed on
Aug 29, 2019
Sold by
Bought by
Seller's Agent
Hans Hagenmayer
Teamprovident, Inc.
Buyer's Agent
Hans Hagenmayer
Teamprovident, Inc.
List Price
$918,000
Sold Price
$970,000
Premium/Discount to List
$52,000
5.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 19, 2019
Sold by
Bought by
Purchase Details
Closed on
Aug 8, 2014
Sold by
Bought by
Purchase Details
Closed on
Jun 7, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 21, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
5.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 17, 2004
Sold by
Bought by
Purchase Details
Closed on
Mar 12, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 16, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lynwood, CA
-
Joanne Brown
-
Nanette Shapiro
Nanette Shapiro
T.N.G. Real Estate Consultants
(657) 325-8458
18 Total Sales
1 in Lynwood
$510,000 Price
-
Rosalia Batanero
Rosalia Batanero
VISION INVESTMENT SERVICES & A
(562) 521-8694
8 Total Sales
1 in Lynwood
$150,000 Price
-
Noemy Arellano
Noemy Arellano
Vida Realty
(657) 216-9210
72 Total Sales
2 in Lynwood
$960,000 Price Range
-
Kim Campbell
Kim Campbell
Coldwell Banker Realty
(951) 420-6436
65 Total Sales
2 in Lynwood
$585,000 Price Range
-
Dinorah Carmenate
Dinorah Carmenate
Properties By Dinorah
(657) 425-0747
53 Total Sales
1 in Lynwood
$700,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $970,000 | Wfg Title Company Of Ca | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $715,000 | Fidelity National Title Co | ||
| -- | Southland Title | ||
| $550,000 | Southland Title | ||
| $274,000 | North American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $830,000 | ||
| Closed | $720,000 | ||
| Closed | $1,100,000 | ||
| Previous Owner | $420,000 | ||
| Previous Owner | $416,250 | ||
| Previous Owner | $362,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2019 09/10/19 | Sold | $970,000 | +5.7% | $204 / Sq Ft |
| 08/30/2019 08/30/19 | Pending | -- | -- | -- |
| 08/14/2019 08/14/19 | For Sale | $918,000 | -- | $193 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,703 | $1,060,831 | $393,710 | $667,121 |
| 2024 | $15,593 | $1,040,032 | $385,991 | $654,041 |
| 2023 | $15,481 | $1,019,640 | $378,423 | $641,217 |
| 2022 | $14,943 | $999,648 | $371,003 | $628,645 |
| 2021 | $14,339 | $980,048 | $363,729 | $616,319 |
| 2020 | $13,778 | $970,000 | $360,000 | $610,000 |
| 2019 | $12,072 | $758,856 | $343,194 | $415,662 |
| 2018 | $11,123 | $743,977 | $336,465 | $407,512 |
| 2016 | $10,330 | $715,089 | $323,400 | $391,689 |
| 2015 | $10,130 | $704,349 | $318,543 | $385,806 |
| 2014 | $9,917 | $690,553 | $312,304 | $378,249 |
Source: Public Records
Agents Affiliated with this Home
-
Hans Hagenmayer
Seller's Agent in 2019
Hans Hagenmayer
Teamprovident, Inc.
(626) 576-7660
86 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-819003803
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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