NOT LISTED FOR SALE

3916 Bell Ave Bell, CA 90201

1 Bed
2 Baths
5,784 Sq Ft
9,449 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

0

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: .

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 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 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21128854

California Regional Multiple Listing Service (CRMLS)