NOT LISTED FOR SALE

3530 E 60th Place Huntington Park, CA 90255

Estimated Value: $744,000 - $832,295

3 Beds
2 Baths
1,516 Sq Ft
$517/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $650,000 $429 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,047/month

52 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Cooling System Mounted To A Wall/Window
  • Bell High School Rated A-
  • Open Floorplan
  • Laundry Room

About This Home

As of October 2020

TURN KEY - REMODELED, Income property in Prime area of Huntington Park. Property has been completely upgraded. Includes new Kitchens, New Bathrooms, New Flooring throughout entire homes. New paint interior and exterior. New windows and New doors. Lots more to mention. Also has a nice front yard and back yard with a detached 1 car garage. Long driveway with Lots of parking for over 5 cars. This property is ready to go for First time buyers or Investment rental property.

Last Agent to Sell the Property

Eduardo Sandoval

Excellence RE Real Estate, Inc. License #01209651 Listed on: 06/29/2020

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Manuel Acuna

Century 21 Masters License #01752036

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 5,529 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Front Yard

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,516 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • ENERGY STAR Qualified Doors
  • Tile Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 740
  • Tax Tract Number 3126
  • Assessor Parcel Number 6318015035

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $3,000
  • Gross Income $43,200
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,500

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Inclusions: All ATTACHED
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: HPR3YY
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6318015035
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: No
  • Door Features: ENERGY STAR Qualified Doors
  • Levels: One
  • Price Per Square Foot: 428.76
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters, Satellite Dish, TV Antenna
  • View: City Lights
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5529.00
  • Lot Size Acres: 0.1269

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5529.0000 Square Feet
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • Tax Census Tract: 5335.01
  • Tax Lot: 740
  • Tax Tract Number: 3126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 19, 2020
Sold by
Barba Jose A
Bought by
Gramillo Kelly and Alcala Jesus
Seller's Agent
Eduardo Sandoval
Excellence RE Real Estate, Inc.
Buyer's Agent
Manuel Acuna
Century 21 Masters
List Price
$679,900
Sold Price
$650,000
Premium/Discount to List
-$29,900
-4.4%
Current Estimated Value
$783,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,074
Avg. Annual Appreciation
4.78%
Original Mortgage
$638,226
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2019
Closed on
Jan 22, 2020
Sold by
Garces Mario and Garces Beneda
Bought by
Barba Jose A
Seller's Agent
Rafael Ortiz
California First Realty & Home
Buyer's Agent
Eduardo Sandoval
Excellence RE Real Estate, Inc.
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.85%
Original Mortgage
$440,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2005
Sold by
Acosta Jose B
Bought by
Garces Mario and Garces Beneda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Acosta Jose B and Benitez Rene S
Bought by
Acosta Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2002
Sold by
Morillo Wilson
Bought by
Acosta Jose B and Benitez Rene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
5.96%

Purchase Details

Closed on
Oct 24, 2002
Sold by
Sandoval Saturnino and Sandoval Amanda
Bought by
Morillo Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
5.96%

Purchase Details

Closed on
Jun 15, 2001
Sold by
Sandoval Saturnino and Sandoval Amanda
Bought by
Sandoval Saturnino and Sandoval Amanda
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
Gramillo Kelly $650,000 Pacific Coast Title Company
Barba Jose A $540,000 Usa National Title Co
Garces Mario $495,000 United Independent Title
Acosta Jose B -- First American Title Co Of L
Acosta Jose B $235,000 Fidelity National Title Co
Morillo Wilson $185,000 Gateway Title Company
Sandoval Saturnino -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gramillo Kelly $638,226
Previous Owner Barba Jose A $440,000
Previous Owner Garces Mario $476,000
Previous Owner Garces Mario $59,500
Previous Owner Garces Mario $396,000
Previous Owner Acosta Jose B $236,000
Previous Owner Acosta Jose B $227,950
Previous Owner Morillo Wilson $157,250
Closed Acosta Jose B $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $650,000 -1.4% $429 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $659,000 +1.4% $435 / Sq Ft
08/05/2020 08/05/20 Price Changed $650,000 -2.2% $429 / Sq Ft
07/27/2020 07/27/20 Price Changed $664,900 -1.5% $439 / Sq Ft
07/06/2020 07/06/20 Price Changed $674,900 -0.7% $445 / Sq Ft
06/29/2020 06/29/20 For Sale $679,900 +23.6% $448 / Sq Ft
02/10/2020 02/10/20 Sold $550,000 0.0% $363 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
07/09/2019 07/09/19 For Sale $550,000 +151.1% $363 / Sq Ft
08/30/2012 08/30/12 Sold $219,000 -2.7% $144 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $225,000 -- $148 / 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 $10,500 $703,578 $303,080 $400,498
2024 $10,500 $689,784 $297,138 $392,646
2023 $10,308 $676,260 $291,312 $384,948
2022 $9,849 $663,000 $285,600 $377,400
2021 $9,720 $650,000 $280,000 $370,000
2020 $8,256 $535,000 $258,400 $276,600
2019 $8,114 $535,000 $258,400 $276,600
2018 $7,370 $484,000 $233,800 $250,200
2016 $6,336 $414,000 $200,000 $214,000
2015 $4,883 $310,000 $150,000 $160,000
2014 $4,954 $310,000 $150,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20126458

California Regional Multiple Listing Service (CRMLS)

APN: 6318-015-035