NOT LISTED FOR SALE

3603 Beechwood Ave Lynwood, CA 90262

Estimated Value: $928,000 - $1,051,000

6 Beds
4 Baths
3,134 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $700,000 $223 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,190/month

2 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of March 2019

Landlords grow rich in their sleep and you can too! Each property offers an attractive mix of one and two bedroom units and is uniquely positioned for growth with solid market fundamentals. They can be purchased separately or together. All units have covered parking and/or garage space and are conveniently located near St. Francis Hospital, schools, parks, freeways, and shopping.

3603 Beechwood is a 4-unit residential property made up of a connected 3-unit building and a detached 1-bedroom home. The 3-unit building consist of (2) 2 bd/1ba units and (1) 1br/1ba unit. The detached home is 1br/1ba as well. Buyer to verify lot dimensions, building sqft, city ordinances etc

Last Agent to Sell the Property

Ty Youngblood

Keller Williams Realty License #01381038 Listed on: 02/19/2019

Keller Williams Realty

Last Buyer's Agent

Ty Youngblood

Keller Williams Realty License #01381038 Listed on: 02/19/2019

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,333

Year Built

  • Built in 1951

Lot Details

  • 6,231 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Density is 2-5 Units/Acre
  • 6173-014-020

Parking

  • 4 Car Garage

Home Design

  • 3,134 Sq Ft Home
  • Split Level Home
  • Apartment

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 194
  • Tax Tract Number 2551
  • Assessor Parcel Number 6173014019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $1,500
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,500
  • Operating Expense $12,500
  • Gross Income $36,870
  • Net Operating Income $24,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,333

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LYR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6173014019
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Multi/Split
  • Price Per Square Foot: 223.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: None
  • Trash Expense: 1500.00
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6173-014-020
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street
  • Lot Size Sq Ft: 6231.00
  • Lot Size Acres: 0.1430

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Average2 Bed Area: 890 Square Feet
  • Gross Income: 36870.00
  • Gross Scheduled Income: 36870.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6231.0000 Square Feet
  • Net Operating Income: 24370.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12500.00
  • Rent Control: No
  • Total Expenses: 12500.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 5402.03
  • Tax Lot: 194
  • Tax Tract Number: 2551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Feb 26, 2019
Sold by
Lowell Gene A and Lowell Helen J
Bought by
Svpp Properties Llc
Seller's Agent
Ty Youngblood
Keller Williams Realty
Buyer's Agent
Ty Youngblood
Keller Williams Realty
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$985,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,667
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Dec 16, 2003
Sold by
Lowell Gene A and Lowell Helen
Bought by
Lowell Gene A and Lowell Helen J
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
Svpp Properties Llc $700,000 Western Resources Title
Lowell Gene A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $700,000 0.0% $223 / Sq Ft
02/21/2019 02/21/19 Off Market $700,000 -- --
02/19/2019 02/19/19 For Sale $749,000 -- $239 / 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 $10,333 $746,875 $216,485 $530,390
2024 $10,333 $732,232 $212,241 $519,991
2023 $10,255 $717,876 $208,080 $509,796
2022 $9,880 $703,800 $204,000 $499,800
2021 $9,356 $677,082 $206,113 $470,969
2019 $912 $20,386 $8,393 $11,993
2018 $858 $19,987 $8,229 $11,758
2016 $818 $19,212 $7,910 $11,302
2015 $803 $18,925 $7,792 $11,133
2014 $808 $18,555 $7,640 $10,915
Source: Public Records

Agents Affiliated with this Home

  • Ty Youngblood

    Seller's Agent in 2019

    Ty Youngblood

    Keller Williams Realty

    (949) 229-5515

    8 Total Sales

    Ty Youngblood
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19034336

California Regional Multiple Listing Service (CRMLS)

APN: 6173-014-020

California Los Angeles County Lynwood 90262

3603 Beechwood Ave, Lynwood, CA

This home is located at 3603 Beechwood Ave, Lynwood, CA 90262 since 19 February 2019 and is currently estimated at $985,667, approximately $314 per square foot. This property was built in 1951. 3603 Beechwood Ave is a home located in Los Angeles County with nearby schools including Wilson Elementary School, Hosler Middle School, and Lynwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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