NOT LISTED FOR SALE

3852 Maine Ave Baldwin Park, CA 91706

Estimated Value: $1,798,108 - $2,058,000

12 Beds
9 Baths
4,231 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $918,000 $217 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,687/month

237 Days on Market

About This Home

As of April 2014

*** GOOD LOCATION! GOOD LOCATION! GOOD LOCATION! ***
6 UNITS INCOME. RENT LOW CAN BE INCREASED. FULLY OCCUPIED. GOOD TENANTS. CENTRALLY LOCATED IN CITY OF BALDWIN PARK, EASY ACCESS TO FREEWAY, CONVENIENT TO SCHOOL, TRANSPORTATION, SHOPPING CENTER, BUS STOP, RESTAURANTS,THE UNITS HAVE BEEN REMODELED IN YEAR OF 2005,3 SEPARATE BUILDINGS, BIG LOT WITH GATE, IDEAL FOR INVESTORS, INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Henry Liu

CBD Investment Inc. License #01378289 Listed on: 02/08/2014

CBD Investment Inc.

Co-Listed By

LI QIN BAI

COLDWELL BANKER DYNASTY/TC License #01839841

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,157

Year Built

  • Built in 1945

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 8 Parking Spaces

Home Design

  • 4,231 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Utilities

  • Shared Septic

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 21786
  • Assessor Parcel Number 8553025019

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,236
  • Gardener Expense $480
  • Insurance Expense $1,161
  • Maintenance Expense $600
  • Trash Expense $1,685
  • Water Sewer Expense $480
  • Gross Income $6,460
  • Net Operating Income $71,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,157

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Other Phone Number: 626-688-1779
  • Property Attached: Yes
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 8553025019
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 216.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Shared Septic
  • Trash Expense: 1685.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 11284.00
  • Lot Size Acres: 0.2590

Multi Family

  • Electric Expense: 1236.00
  • Gross Income: 6460.00
  • Gross Scheduled Income: 77520.00
  • Insurance Expense: 1161.00
  • Lot Size Area: 11284.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 71467.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 6053.00
  • Rent Control: No
  • Total Actual Rent: 6460.00

Tax Info

  • Tax Lot: 85
  • Tax Tract Number: 21786
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2017
Sold by
Wong Tim Hla Wynn and Tee Nora Khin Win
Bought by
Wong Tim Hla Wynn and Tee Nora Khin Win
Current Estimated Value
$1,928,054

Purchase Details

Closed on
Dec 14, 2015
Sold by
Wong Tim Hla Wynn and Tee Nora Khin Win
Bought by
Wong Tim Hla Wynn and Tee Nora Khin Win

Purchase Details

Listed on
Feb 8, 2014
Closed on
Apr 2, 2014
Sold by
East West Connection Llc
Bought by
Tan Andy K and Tan Lilian Lay Eng Tee
Seller's Agent
Henry Liu
CBD Investment Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,030,000
Sold Price
$918,000
Premium/Discount to List
-$112,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$200,000
Outstanding Balance
$152,252
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,681,074

Purchase Details

Closed on
Nov 8, 2005
Sold by
Ng Michael and Lee See Ying
Bought by
East West Connection Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
Poon Selina and Hui Kathy
Bought by
Ng Michael and Lee See Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2005
Sold by
Wang Pei Shan
Bought by
Chiu Wen Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2005
Sold by
Kent Realty & Investment Inc
Bought by
Poon Selina and Hui Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Wong Kent P
Bought by
Sang Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.6%
Mortgage Type
Commercial
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
Wong Tim Hla Wynn -- None Available
Wong Tim Hla Wynn -- None Available
Tan Andy K $918,000 None Available
East West Connection Llc -- --
Ng Michael $590,000 Chicago Title Company
Chiu Wen Hua -- Chicago Title Company
Lee See Ying -- Chicago Title Company
Poon Selina $400,000 Chicago Title Co
Sang Lily -- Chicago Title Co
Hui Kathy -- Chicago Title Co
Law Danny -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Andy K $200,000
Previous Owner Ng Michael $400,000
Previous Owner Poon Selina $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $918,000 -10.9% $217 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $1,030,000 -- $243 / 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 $15,157 $1,125,332 $784,547 $340,785
2024 $15,157 $1,103,267 $769,164 $334,103
2023 $15,007 $1,081,635 $754,083 $327,552
2022 $15,281 $1,060,428 $739,298 $321,130
2021 $15,048 $1,039,636 $724,802 $314,834
2020 $15,017 $1,031,537 $717,371 $314,166
2019 $14,163 $1,011,362 $703,305 $308,057
2018 $13,443 $991,582 $689,515 $302,067
2016 $12,654 $950,620 $662,742 $287,878
2015 $12,990 $936,341 $652,787 $283,554
2014 $9,896 $672,315 $445,915 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13153348

California Regional Multiple Listing Service (CRMLS)

APN: 8553-025-019