NOT LISTED FOR SALE

3714 E 55th St Maywood, CA 90270

Estimated Value: $888,732 - $938,000

5 Beds
4 Baths
2,085 Sq Ft
$437/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $830,000 $398 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,786/month

58 Days on Market

Highlights

  • Lawn
  • No HOA
  • Wood Fence
  • Bell High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Pixley Park

About This Home

As of December 2023

Great opportunity to get into this amazing and rare-to-find 4 units in Maywood! This property is quadplex with the front three units being 1 bedroom 1 bath. The back detached unit is a 2 bedroom, 1 bath. Property features a long driveway for tenant parking. Walking distance to elementary school, shopping center and close to 710 and 5 FWY. Long-term tenants provide payment stability. Please do not disturb tenants.

Last Agent to Sell the Property

Carlos Barron

T.N.G. Real Estate Consultants License #01887430 Listed on: 08/20/2023

T.N.G. Real Estate Consultants

Co-Listed By

Marjorie Bracken

T.N.G. Real Estate Consultants License #02103677

Last Buyer's Agent

Carlos Barron

T.N.G. Real Estate Consultants License #01887430 Listed on: 08/20/2023

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,944

Year Built

  • Built in 1923

Lot Details

  • 7,189 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Lawn
  • Front Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1701
  • Tax Tract Number 2829
  • Assessor Parcel Number 6311005005
  • $1,143 per year additional tax assessments

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
  • Electric Expense $3,787
  • Fuel Expense $1,781
  • Insurance Expense $2,988
  • Maintenance Expense $960
  • Trash Expense $1,894
  • Water Sewer Expense $2,818
  • Operating Expense $14,228
  • Gross Income $5,551
  • Net Operating Income $5,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,944

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2818.00
  • Zoning: MYR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6311005005
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 398.08

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal
  • Electric: Standard
  • Heating Type: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1894.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 7189.00
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3787.00
  • Fuel Expense: 1781.00
  • Gross Income: 5551.00
  • Gross Scheduled Income: 61788.00
  • Insurance Expense: 2988.00
  • Lot Size Area: 7189.0000 Square Feet
  • Maintenance Expense: 960.00
  • Net Operating Income: 5551.00
  • 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: 56237.00
  • Rent Control: No
  • Total Actual Rent: 5149.00
  • Total Expenses: 14228.00

Tax Info

  • Tax Census Tract: 5334.02
  • Tax Lot: 1701
  • Tax Tract Number: 2829
  • TaxOtherAnnualAssessmentAmount: 1143.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2023
Closed on
Dec 20, 2023
Sold by
Morales Carolina
Bought by
Ramirez Jose Adrian
Seller's Agent
Carlos Barron
T.N.G. Real Estate Consultants
Buyer's Agent
Carlos Barron
T.N.G. Real Estate Consultants
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Views
698
Current Estimated Value
$910,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,683
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Oct 19, 2023
Sold by
Martinez Eddie
Bought by
Ramirez Jose Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Gonzalez Octavio G and Gonzalez Hilda
Bought by
Martinez Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2001
Sold by
Garcia Esmeralda
Bought by
Garcia Francisco J
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
Ramirez Jose Adrian -- Ticor Title
Ramirez Jose Adrian $830,000 Ticor Title
Martinez Eddie -- Ticor Title
Martinez Eddie $400,000 Landamerica Lawyers Title
Garcia Francisco J -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Jose Adrian $622,500
Previous Owner Martinez Eddie $320,000
Closed Martinez Eddie $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $830,000 +0.1% $398 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $829,000 -2.4% $398 / Sq Ft
08/29/2023 08/29/23 Price Changed $849,000 -3.0% $407 / Sq Ft
08/20/2023 08/20/23 For Sale $875,000 -- $420 / 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 $11,944 $846,600 $612,000 $234,600
2024 $11,944 $830,000 $600,000 $230,000
2023 $8,159 $535,901 $187,562 $348,339
2022 $7,707 $525,394 $183,885 $341,509
2021 $7,610 $515,093 $180,280 $334,813
2020 $7,897 $509,812 $178,432 $331,380
2019 $9,175 $499,817 $174,934 $324,883
2018 $8,445 $490,017 $171,504 $318,513
2016 $7,943 $470,992 $164,846 $306,146
2015 $7,524 $463,918 $162,370 $301,548
2014 $7,506 $454,832 $159,190 $295,642
Source: Public Records

Agents Affiliated with this Home

  • Carlos Barron

    Seller's Agent in 2023

    Carlos Barron

    T.N.G. Real Estate Consultants

    (562) 905-6033

    1 in this area

    85 Total Sales

    Carlos Barron
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Marjorie Bracken

    T.N.G. Real Estate Consultants

    (323) 742-6009

    1 in this area

    12 Total Sales

    Marjorie Bracken
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23156018

California Regional Multiple Listing Service (CRMLS)

APN: 6311-005-005

California Los Angeles County Maywood 90270

3714 E 55th St, Maywood, CA

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