NOT LISTED FOR SALE

3916 Bell Ave Bell, CA 90201

1 Bed
2 Baths
5,784 Sq Ft
9,448 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $2,500,000 $432 Per Sq Ft

28 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Camp Little Bear Park & Lodge
  • Laundry Room
  • No Heating

About This Home

As of October 2021

* Over 25% Rental Upside -- Market 10.05 GRM * Only $178,571 Per Unit & Current 12.6 GRM * Onsite Laundry & Ample Onsite Parking * Potential To Convert Garages to Add 3 ADU Units * Large Courtyard for Tenants' Enjoyment * Central Location Proximate to 110, 710, 105, 60 Freeways & Numerous Shops and Restaurants * Available Together with a 14 Unit Building 2 Miles Away MLS Listing #: PW21129114 *

Last Agent to Sell the Property

Rafael Lopez

Younglewin Advisors, Inc. License #02110724 Listed on: 06/17/2021

Younglewin Advisors, Inc.

Co-Listed By

Shane Young

Younglewin Advisors, Inc. License #01963090

Last Buyer's Agent

John Basadre

Century 21 Jervis & Associates License #01039753

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 9,449 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Apartment

Interior Spaces

  • 5,784 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 2 / I
  • Assessor Parcel Number 6325037003

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $6,876
  • Fuel Expense $6,876
  • Gardener Expense $840
  • Insurance Expense $2,314
  • Maintenance Expense $7,630
  • Other Expense $4,782
  • Pest Control $560
  • Professional Management Expense $7,930
  • Trash Expense $6,876
  • Water Sewer Expense $6,876
  • New Taxes Expense $40,345
  • Operating Expense $91,904
  • Gross Income $1,800
  • Net Operating Income $102,189

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

9,449 Sq Ft Lot

Listing Details

  • CapRate: 4.09
  • Professional Management Expense: 7930.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6876.00
  • Zoning: BLR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 6325037003
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 432.23

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 560.00
  • Sewer: Public Sewer
  • Trash Expense: 6876.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9449.00
  • Lot Size Acres: 0.2169

Multi Family

  • Electric Expense: 6876.00
  • Fuel Expense: 6876.00
  • Gross Income: 1800.00
  • Gross Multiplier: 12.61
  • Gross Scheduled Income: 198240.00
  • Insurance Expense: 2314.00
  • Lot Size Area: 9449.0000 Square Feet
  • Maintenance Expense: 7630.00
  • Net Operating Income: 102189.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 194093.00
  • Other Expense: 4782.00
  • Rent Control: Yes
  • Total Expenses: 91904.00

Tax Info

  • New Taxes Expense: 40345.00
  • Tax Block: I
  • Tax Census Tract: 5336.03
  • Tax Lot: 2
  • Tax Tract Number: .
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $2,500,000 0.0% $432 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $2,500,000 +161.8% $432 / Sq Ft
06/10/2012 06/10/12 Sold $955,000 -4.0% $165 / Sq Ft View Prior Sale
05/29/2012 05/29/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $995,000 -- $172 / 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 $41,858 $2,653,019 $636,724 $2,016,295
2024 $41,858 $2,601,000 $624,240 $1,976,760
2023 $41,109 $2,550,000 $612,000 $1,938,000
2022 $39,513 $2,500,000 $600,000 $1,900,000
2021 $28,347 $1,704,800 $696,931 $1,007,869
2019 $27,524 $1,656,991 $676,260 $980,731
2018 $27,221 $1,624,555 $663,000 $961,555
2016 $18,518 $1,013,292 $424,415 $588,877
2015 $18,230 $998,072 $418,040 $580,032
2014 $18,207 $978,522 $409,852 $568,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21128854

California Regional Multiple Listing Service (CRMLS)
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