NOT LISTED FOR SALE

3360 Elizabeth Ave Lynwood, CA 90262

Estimated Value: $812,000 - $923,000

5 Beds
4 Baths
2,050 Sq Ft
$422/Sq Ft Est. Value

Last Sold June 10, 2014

Last sale price $445,000 $217 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,213/month

34 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of June 2014

Great opportunity! Multi-Family Four Units. 1 - two bedroom, one bath. 3 - one bedroom, one bath. Each unit has their one car garage and washer / dryer hookups. This one won't last! Do not disturb occupants.

Last Agent to Sell the Property

Nahed Benyamein

Allstars Realty License #01000857 Listed on: 03/27/2014

Last Buyer's Agent

Sandra Alvarez

American Team Properties License #01101117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1949

Lot Details

  • 9,781 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 2794
  • Assessor Parcel Number 6191005012

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $2,880
  • Water Sewer Expense $2,880
  • New Taxes Expense $3,600
  • Operating Expense $13,360
  • Gross Income $3,250
  • Net Operating Income $2,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2880.00
  • Property Type: Residential Income
  • Parcel Number: 6191005012
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 217.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 2880.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9781.00
  • Lot Size Acres: 0.2250

Multi Family

  • Gross Income: 3250.00
  • Gross Scheduled Income: 3250.00
  • Insurance Expense: 500.00
  • Lot Size Area: 9781.0000 Square Feet
  • Net Operating Income: 2770.00
  • 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: 480.00
  • Rent Control: No
  • Total Expenses: 13360.00

Tax Info

  • New Taxes Expense: 3600.00
  • Tax Area: 6-089
  • Tax Lot: 68
  • Tax Tract Number: 2794
  • Tax Annual Amount: 3991.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2017
Sold by
Guijoza Hector Daniel Perez and Perez Hector Daniel
Bought by
Guijoza Hector Daniel Perez and Perez Jayme
Current Estimated Value
$865,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Outstanding Balance
$362,167
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$502,986

Purchase Details

Closed on
Jun 16, 2015
Sold by
Perez Hector Daniel and Perez Jayme
Bought by
Perez Hector Daniel and Perez Jayme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,216
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jun 2, 2014
Sold by
Ceja Erika Cruz
Bought by
Perez Hector
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$379,900
Sold Price
$445,000
Premium/Discount to List
$65,100
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$434,472
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2014
Closed on
May 20, 2014
Sold by
Molleda Maria
Bought by
Molleda Francisco D
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$379,900
Sold Price
$445,000
Premium/Discount to List
$65,100
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,472
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2014
Closed on
May 1, 2014
Sold by
Salazar Ermenegilda and Molleda Francisco
Bought by
Salazar Ermenegilda and Salazar Domingo Muniz
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$379,900
Sold Price
$445,000
Premium/Discount to List
$65,100
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,472
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2014
Closed on
Apr 29, 2014
Sold by
Salazar Ermenegilda and Salazar Domingo Muniz
Bought by
Perez Hector and Perez Jayme
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$379,900
Sold Price
$445,000
Premium/Discount to List
$65,100
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,472
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2009
Sold by
Muniz Ermenegilda and Molleda Francisco
Bought by
Salazar Ermenegilda and Molleda Francisco
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
Guijoza Hector Daniel Perez -- Wfg National Title
Perez Hector Daniel -- First American Title
Perez Hector -- None Available
Perez Jayme -- None Available
Molleda Francisco D -- Ortc
Salazar Ermenegilda -- None Available
Perez Hector $445,000 Ortc
Salazar Ermenegilda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guijoza Hector Daniel Perez $433,000
Closed Perez Hector Daniel $431,216
Closed Perez Hector $434,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2014 06/10/14 Sold $445,000 +17.1% $217 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $379,900 -- $185 / 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 $8,212 $545,495 $355,494 $190,001
2024 $8,212 $534,800 $348,524 $186,276
2023 $8,152 $524,315 $341,691 $182,624
2022 $7,871 $514,036 $334,992 $179,044
2021 $7,591 $503,958 $328,424 $175,534
2020 $7,296 $498,792 $325,057 $173,735
2019 $7,762 $489,013 $318,684 $170,329
2018 $7,099 $479,426 $312,436 $166,990
2016 $6,626 $460,810 $300,304 $160,506
2015 $6,494 $453,890 $295,794 $158,096
2014 -- $248,520 $170,659 $77,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14062607

California Regional Multiple Listing Service (CRMLS)

APN: 6191-005-012