NOT LISTED FOR SALE

3418 Bell Ave Bell, CA 90201

Estimated Value: $685,822 - $949,000

5 Beds
3 Baths
2,064 Sq Ft
$410/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $345,000 $167 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $5,008/month

561 Days on Market

Highlights

  • No HOA
  • Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine Rated A-
  • Bungalow

About This Home

As of October 2013

this property is two building the front building is two unit joint and another unit back each unit have a parking space, the wall principal

Last Agent to Sell the Property

Pieter Van Der Mark

Dream Home Realty.com License #00843427 Listed on: 04/16/2012

Last Buyer's Agent

Pieter Van Der Mark

Dream Home Realty.com License #00843427 Listed on: 04/16/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,565 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 2,064 Sq Ft Home
  • 3-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 0.1 / 19
  • Tax Tract Number 7687
  • Assessor Parcel Number 6324017018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Water Sewer Expense $100
  • New Taxes Expense $3,375
  • Gross Income $3,000
  • Net Operating Income $37,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • CapRate: 0.89
  • Improvements Percent: 57.00
  • Water Sewer Expenses: 100.00
  • Zoning: BLR3YY
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6324017018
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 167.15

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Appliances: Dishwasher
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Value Percent: 43.00
  • Lot Size: 5563
  • Lot Size Sq Ft: 5565.00
  • Lot Size Acres: 0.1280

Multi Family

  • Average1 Bed Area: 350
  • Average2 Bed Area: 350
  • Average3 Bed Area: 350
  • Average Studio Area: 225
  • Gross Income: 3000.00
  • Gross Multiplier: 7.50
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 5565.0000 Square Feet
  • Net Operating Income: 37500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 1
  • Operating Expense: 2400.00
  • Operating Expense Percent: 5.70
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3375.00
  • Tax Area: 518
  • Tax Block: 19
  • Tax Lot: 0.1
  • Tax Rate: 15.00
  • Tax Tract Number: 7687
  • Tax Year: 7234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2015
Sold by
Fragoso Francisco
Bought by
Fragoso Francisco and Francisco Fragoso Living Trust
Current Estimated Value
$845,956

Purchase Details

Closed on
Jul 26, 2013
Sold by
Solution Investments Re & Lm
Bought by
Gonzalez Elena

Purchase Details

Closed on
Jun 17, 2013
Sold by
Gonzalez Elena
Bought by
Fragoso Francisco

Purchase Details

Closed on
Dec 1, 2011
Sold by
Gonzalez Elena
Bought by
Solution Investments R E & L M

Purchase Details

Closed on
Feb 9, 2007
Sold by
Aviles Raul and Aviles Ermelinda
Bought by
Gonzalez Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 22, 2001
Sold by
Ramos Marina
Bought by
Aviles Raul and Aviles Ermelinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,384
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1998
Sold by
Ramos Brenda Caro
Bought by
Ramos Marina

Purchase Details

Closed on
Sep 28, 1996
Sold by
Ramos Marina
Bought by
Ramos Brenda Caro
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fragoso Francisco -- None Available
Gonzalez Elena -- Stewart Title Of California
Fragoso Francisco $345,000 Stewart Title Of California
Solution Investments R E & L M -- None Available
Gonzalez Elena $643,745 Orange Coast Title Of La
Aviles Raul $234,000 Stewart Title
Ramos Marina -- --
Ramos Brenda Caro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Elena $482,000
Previous Owner Aviles Raul $230,384
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $345,000 +27.8% $167 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
04/16/2012 04/16/12 For Sale $270,000 -- $131 / 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 $7,021 $422,913 $208,393 $214,520
2024 $7,021 $414,621 $204,307 $210,314
2023 $6,899 $406,492 $200,301 $206,191
2022 $6,637 $398,523 $196,374 $202,149
2021 $6,565 $390,710 $192,524 $198,186
2020 $6,591 $386,704 $190,550 $196,154
2019 $6,373 $379,122 $186,814 $192,308
2018 $6,232 $371,689 $183,151 $188,538
2016 $6,120 $357,258 $176,040 $181,218
2015 $6,024 $351,892 $173,396 $178,496
2014 $6,009 $345,000 $170,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1202258

California Regional Multiple Listing Service (CRMLS)

APN: 6324-017-018