NOT LISTED FOR SALE

3527 E 56th St Maywood, CA 90270

Maywood Area

Estimated Value: $1,236,000 - $1,487,267

8 Beds
5 Baths
3,486 Sq Ft
$391/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2018

Last sale price $1,019,000 $292 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,816 / mo

10 Days on Market

About This Home

As of May 2018

JUST LISTED - FOR THE FIRST TIME ON MARKET IN ALMOST 60 YEARS! Easy-To-Rent Spacious 1 and 2 Bedroom Units. The Property consists of 2 buildings: the front building has TWO Large 1 bedroom & 1 bathroom units (built in 1925); and the second building has THREE 2 bedroom & 1 bathroom units (built in 1960). Generous sized lot of approximately 9,318 SF providing 4 covered parking spaces. Opportunity to add a coin-operated laundry at the on-site laundry room. Many capital improvements have been done including upgraded windows. Units are separately metered for gas and electricity. Property falls in a Low Vacancy Rental market within the Ideal Mid-Cities location. Short commute to the 710 & 5 Freeways.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 03/19/2018

Co-Listed By

Sergio Hernandez

REMAX COMMERCIAL & INVESTMENT REALTY License #01996087

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,318

Home Design

  • 3,486 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Assigned Parking

Additional Features

  • Laundry Room
  • 9,318 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • The owner pays for electricity, gardener
  • Assessor Parcel Number 6311-021-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

9,318 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3486
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 292.31

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Carport
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 214.00
  • Water Expense: 1628.00

Fee Information

  • Gas Expense: 208.00
  • Insurance Expense: 1220.00
  • Maintenance Expense: 3536.00
  • Other Expense: 2349.00
  • Trash Expense: 1220.00

Lot Info

  • Assessed Improvement Value: 382681
  • Assessed Land Value: 412119
  • Assessor Parcel Number: 6311-021-025
  • Geocode Override: No
  • Lot Size Area: 9318

Rental Info

  • Owner Pays: Electricity, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 5
  • Type Of Units: 5

Tax Info

  • Tax Expense: 12958.00

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
Mar 19, 2018
Closed on
Apr 10, 2018
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Rick Raymundo
Marcus & Millichap
List Price
$1,019,000
Sold Price
$1,019,000
Current Estimated Value
$1,361,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,634
Avg. Annual Appreciation
3.63%
Original Mortgage
$500,000
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bought by
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

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
$1,019,000 Fidelity National Title Comp
-- None Available
-- --
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 $500,000
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
05/24/2018 05/24/18 Sold $1,019,000 0.0% $292 / Sq Ft
03/19/2018 03/19/18 For Sale $1,019,000 -- $292 / Sq Ft
Source: The MLS

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 $17,012 $1,159,443 $455,130 $704,313
2024 $16,520 $1,136,709 $446,206 $690,503
2023 $16,239 $1,114,421 $437,457 $676,964
2022 $15,368 $1,092,571 $428,880 $663,691
2021 $15,181 $1,071,149 $420,471 $650,678
2019 $14,723 $1,039,380 $408,000 $631,380
2018 $11,840 $810,695 $420,361 $390,334
2016 $10,514 $727,000 $350,000 $377,000
2015 $10,051 $727,000 $350,000 $377,000
2014 $7,437 $500,000 $304,300 $195,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-324722

The MLS

APN: 6311-021-025

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