NOT LISTED FOR SALE

4027 E 56th St Maywood, CA 90270

Estimated Value: $705,000 - $835,350

3 Beds
2 Baths
1,702 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $650,000 $382 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,809/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Private Yard
  • Shed

About This Home

As of March 2022

PLEASE DO NOT DISTURB TENANTS. Submit offer subject to interior inspection. Great opportunity for owner occupant or as an investment property. Can be sold together with neighboring property 4031 E 56th St MLS# PW22008965 for a total of $1,350,000. Seller intends to perform an IRC Section 1031 tax-deferred exchange. Both properties are R3 lots, per city can build up to 4 units on each parcel, buyer to verify. Income upside potential, month to month tenants are all long term and will be delivered occupied.

Last Agent to Sell the Property

Michelle Gonzalez

Re/Max Top Producers License #01427179 Listed on: 01/19/2022

Re/Max Top Producers

Last Buyer's Agent

Michelle Gonzalez

Re/Max Top Producers License #01427179 Listed on: 01/19/2022

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 9,318 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Value in Land

Parking

  • 1 Car Garage
  • Carport
  • On-Street Parking
  • RV Access or Parking

Home Design

  • 1,702 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1088
  • Tax Tract Number 3544
  • Assessor Parcel Number 6312014022
  • $820 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1921 | Remodeled

Lot Details

9,318 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: MYR3YY
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6312014022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 381.90

Exterior Features

  • Other Structures: Shed(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Carport, RV Access/Parking, Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lot 6500-9999, Value In Land, Yard
  • Lot Size Sq Ft: 9318.00
  • Lot Size Acres: 0.2139

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1126 Square Feet
  • Average Studio Area: 576 Square Feet
  • Gross Income: 1200.00
  • Gross Scheduled Income: 14400.00
  • Lot Size Area: 9318.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5334.02
  • Tax Lot: 1088
  • Tax Tract Number: 3544
  • TaxOtherAnnualAssessmentAmount: 820.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 10, 2022
Sold by
Hector Mirabal
Bought by
Mirabal Veronica
Seller's Agent
Michelle Gonzalez
Re/Max Top Producers
Buyer's Agent
Michelle Gonzalez
Re/Max Top Producers
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Current Estimated Value
$770,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,338
Avg. Annual Appreciation
4.29%
Original Mortgage
$487,500
Outstanding Balance
$453,442
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$316,896

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 1, 2022
Sold by
Glenn James Barton Revocable Trust
Bought by
Angela Lozano-Perez Living Trust
Seller's Agent
Michelle Gonzalez
Re/Max Top Producers
Buyer's Agent
Michelle Gonzalez
Re/Max Top Producers
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$453,442
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$316,896

Purchase Details

Closed on
Feb 9, 2012
Sold by
Barton Glenn J
Bought by
Barton Glenn James and Glenn James Barton Revocable T

Purchase Details

Closed on
May 1, 1996
Sold by
Barton Jerilynn
Bought by
Barton Glenn J and Barton Jerilynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mirabal Veronica -- New Title Company Name
Angela Lozano-Perez Living Trust $650,000 New Title Company Name
Barton Glenn James -- None Available
Barton Glenn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angela Lozano-Perez Living Trust $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $650,000 -13.3% $382 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $750,000 -- $441 / 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 $9,603 $689,784 $604,888 $84,896
2024 $9,603 $676,260 $593,028 $83,232
2023 $9,437 $663,000 $581,400 $81,600
2022 $1,446 $55,151 $24,222 $30,929
2021 $1,418 $54,071 $23,748 $30,323
2020 $1,417 $53,518 $23,505 $30,013
2019 $1,384 $52,470 $23,045 $29,425
2018 $1,193 $51,443 $22,594 $28,849
2016 $1,059 $49,447 $21,717 $27,730
2015 $1,017 $48,705 $21,391 $27,314
2014 $1,025 $47,751 $20,972 $26,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22008961

California Regional Multiple Listing Service (CRMLS)

APN: 6312-014-022

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