NOT LISTED FOR SALE

3564 Beechwood Ave Lynwood, CA 90262

Estimated Value: $898,000 - $1,015,000

5 Beds
3 Baths
2,305 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $625,000 $271 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,011/month

15 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • Front Yard
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of October 2018

Excellent opportunity in a great location, within walking distance to St Francis Medical Center, Plaza Mexico, Lynwood Park as well as accessible to the 105 and 710 freeways, this income property will help pay for itself and would make a great acquisition for any savvy investor or the first time buyer looking to own a good home. This property features 2 with 2 bedrooms and 1 bathroom and 1 with 1 bedroom 1 bathroom, there's also a studio attached to the garage with no permits. It is sold in As-Is condition and sellers will not do any repairs, buyers to do own diligence. PLEASE DO NOT DISTURB TENANTS, showings will be by appointment only.

Last Agent to Sell the Property

Silvio Pacheco

eXp Realty of California Inc License #01828649 Listed on: 08/12/2018

eXp Realty of California Inc

Last Buyer's Agent

Saul Miranda

Amerex Realty Inc. License #01432460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,012

Year Built

  • Built in 1947

Lot Details

  • 9,004 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,305 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 199
  • Tax Tract Number 2551
  • Assessor Parcel Number 6173011011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,012

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LYR3YY
  • Property Type: Residential Income
  • Parcel Number: 6173011011
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 271.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lot 6500-9999, Level, Near Public Transit
  • Lot Size Sq Ft: 9004.00

Multi Family

  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5402.03
  • Tax Lot: 199
  • Tax Tract Number: 2551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2020
Sold by
Cortes Mary Alondra
Bought by
Duenas Juan Carlos
Current Estimated Value
$945,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$329,852
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$623,038

Purchase Details

Listed on
Aug 12, 2018
Closed on
Aug 30, 2018
Sold by
Lopez Juan and Lopez Tanya
Bought by
Duenas Juan Carlos
Seller's Agent
Silvio Pacheco
eXp Realty of California Inc
Buyer's Agent
Saul Miranda
Amerex Realty Inc.
List Price
$610,000
Sold Price
$625,000
Premium/Discount to List
$15,000
2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2004
Sold by
Reyes Jose M
Bought by
Lopez Juan and Lopez Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Munoz Belen
Bought by
Reyes Jose M

Purchase Details

Closed on
Mar 19, 1999
Sold by
Flores Aurelio
Bought by
Reyes Jose M and Munoz Belen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,275
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Duenas Juan Carlos -- Pacific Coast Title Company
Duenas Juan Carlos $625,000 Stewart Title
Lopez Juan $330,000 Commonwealth Land Title
Reyes Jose M -- --
Reyes Jose M $211,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duenas Juan Carlos $369,000
Previous Owner Duenas Juan Carlos $375,000
Previous Owner Lopez Juan $285,000
Previous Owner Lopez Juan $264,000
Previous Owner Reyes Jose M $10,000
Previous Owner Reyes Jose M $209,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $625,000 +2.5% $271 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $610,000 -- $265 / 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 $10,012 $697,195 $356,964 $340,231
2024 $10,012 $683,525 $349,965 $333,560
2023 $9,939 $670,123 $343,103 $327,020
2022 $9,586 $656,984 $336,376 $320,608
2021 $9,234 $644,103 $329,781 $314,322
2020 $8,859 $637,500 $326,400 $311,100
2019 $9,460 $625,000 $320,000 $305,000
2018 $6,103 $412,345 $237,411 $174,934
2016 $5,691 $396,335 $228,193 $168,142
2015 $5,579 $390,383 $224,766 $165,617
2014 $5,463 $382,737 $220,364 $162,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18195994

California Regional Multiple Listing Service (CRMLS)

APN: 6173-011-011