NOT LISTED FOR SALE

3557 Beechwood Ave Lynwood, CA 90262

Estimated Value: $870,000 - $1,135,428

12 Beds
4 Baths
2,288 Sq Ft
$454/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,100,000 $481 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,149/month

51 Days on Market

Highlights

  • No HOA
  • Park
  • 4 Car Garage
  • Converted Garage
  • Bungalow
  • Front Yard

About This Home

As of June 2024

Small 3 bedroom 1 bathroom newly updated. The unit has a detached garage with storage and space for a small car. New AC, windows, kitchen, appliances, floor paint and bathroom. Each unit has a small yard spaces security cameras on property and secured parking area.

Last Agent to Sell the Property

Isaac Rosales

Executive Bankers Realty Brokerage Phone: 310-754-0124 License #01389408 Listed on: 03/30/2024

Last Buyer's Agent

Patricia Sarkisyan

JohnHart Real Estate License #01966170

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,005 Sq Ft Lot
  • Lot Dimensions are 50x180
  • No Common Walls
  • Southwest Facing Home
  • Front Yard
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Parking

  • 4 Car Garage
  • Converted Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Quadruplex
  • Bungalow
  • Entry on the 1st floor
  • Additions or Alterations
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 189
  • Tax Tract Number 2551
  • Assessor Parcel Number 6173014006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $14,375
  • Maintenance Expense $1,500
  • Professional Management Expense $3,564
  • Trash Expense $3,089
  • Water Sewer Expense $1,290
  • New Taxes Expense $14,375
  • Operating Expense $28,484
  • Gross Income $69,854
  • Net Operating Income $43,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

9,005 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.75
  • Professional Management Expense: 3564.00
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1290.00
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Building Permit
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 6173014006
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 480.77

Exterior Features

  • Direction Faces: Southwest
  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Converted Garage, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3089.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size: 50X180
  • Lot Size Sq Ft: 9005.00
  • Lot Size Acres: 0.2067
  • Latitude Manual: 33.92971800

Multi Family

  • Average3 Bed Area: 572 Square Feet
  • Gross Multiplier: 13.13
  • Gross Operating Income: 69854.00
  • Gross Scheduled Income: 71280.00
  • Gross Spendable Income: 43170.00
  • Insurance Expense: 14375.00
  • Lot Size Area: 9005.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 43170.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 26684.00
  • Operating Expense Percent: 26.00
  • Rent Control: No
  • Total Actual Rent: 5940.00
  • Total Expenses: 28484.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Lot: 189
  • Tax Tract Number: 2551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
Jun 11, 2024
Sold by
Mchugh Richard
Bought by
Marquez Heather
Seller's Agent
Isaac Rosales
Executive Bankers Realty
Buyer's Agent
Patricia Sarkisyan
JohnHart Real Estate
List Price
$11,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$10,400,000
-90.43%
Views
23
Current Estimated Value
$1,038,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,643
Avg. Annual Appreciation
-3.24%
Original Mortgage
$700,000
Outstanding Balance
$690,803
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$347,554

Purchase Details

Closed on
Jan 28, 2004
Sold by
Mchugh Thresa D
Bought by
Mchugh Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Bolanos Mark
Bought by
Mchugh Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Salazar Jose
Bought by
Bolanos Mark

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
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Khan Azam
Bought by
Salazar Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
7.06%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Lepovac Dennis G
Bought by
World Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marquez Heather $1,100,000 None Listed On Document
Mchugh Richard -- Southland Title Company
Mchugh Richard $425,000 Southland Title Company
Bolanos Mark -- Southland Title Company
Salazar Jose $194,000 Southland Title Corporation
Youssefzadeh Atabak -- Southland Title
World Svgs Bank $182,220 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Heather $700,000
Previous Owner Mchugh Richard $318,750
Previous Owner Bolanos Mark $236,000
Previous Owner Salazar Jose $184,300
Closed Bolanos Mark $44,250
Closed Mchugh Richard $63,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $2,800 -- --
09/12/2024 09/12/24 For Rent $2,800 0.0% --
06/18/2024 06/18/24 Sold $1,100,000 -90.4% $481 / Sq Ft
03/30/2024 03/30/24 For Sale $11,500,000 -- $5,026 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,962 $1,122,000 $887,400 $234,600
2024 $8,962 $592,398 $348,471 $243,927
2023 $8,896 $580,784 $341,639 $239,145
2022 $8,586 $569,397 $334,941 $234,456
2021 $8,277 $558,233 $328,374 $229,859
2019 $8,468 $541,678 $318,635 $223,043
2018 $7,761 $531,058 $312,388 $218,670
2016 $7,241 $510,438 $300,258 $210,180
2015 $7,096 $502,771 $295,748 $207,023
2014 $6,947 $492,923 $289,955 $202,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24003311

California Regional Multiple Listing Service (CRMLS)

APN: 6173-014-006

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