NOT LISTED FOR SALE

4034 E 53rd St Maywood, CA 90270

Estimated Value: $699,000 - $842,000

4 Beds
2 Baths
1,630 Sq Ft
$477/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $540,000 $331 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,762/month

69 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • Bonus Room
  • Living Room
  • Accessible Parking

About This Home

As of April 2019

MAYWOOD MULTI-FAMILY PROPERTY FOR SALE.! opportunity to own an investment property in a great rental Area! Lot offers 5,912 sqft . ZONED R3. NO RENT CONTROL. 2 houses in one lot. Live in one and Rent the other. Total living sq footage is 1,630 sqft and features a front unit with 2 bedrooms 1 bath ( +bonus room) 850 sqft. Rear detached unit is a 2 bedroom 1 bathroom 750 sqft home. Each unit have individual meter for gas & electricity. The property is close to several shopping centers, restaurants, schools, freeway and public transportation which tentatively allows it to be a great long term investment. parking total up to 5 vehicles.

Last Agent to Sell the Property

Rodrigo Juarez Lopez

Enterprise Real Estate Sales License #01913005 Listed on: 12/11/2018

Last Buyer's Agent

FRANCIS KYLE PAPA RIBAS

Excellence RE Real Estate License #01961766

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,912 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Front Yard

Home Design

  • Duplex
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Bonus Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 5 Parking Spaces
  • Parking Available
  • Private Parking
  • Paved Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Tax Lot 2935
  • Tax Tract Number 5953
  • Assessor Parcel Number 6312008007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $500
  • Water Sewer Expense $1,800
  • New Taxes Expense $2,500
  • Operating Expense $5,700
  • Gross Income $24,240
  • Net Operating Income $35,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1800.00
  • Zoning: MYR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6312008007
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 331.29
  • Room Type: Bonus Room, Living Room
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Concrete, Parking Space, Private
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 5912.00
  • Lot Size Acres: 0.1357
  • Latitude Manual: 33.99338800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Gross Income: 24240.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5912.0000 Square Feet
  • Net Operating Income: 35100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5700.00
  • Rent Control: No
  • Total Expenses: 5700.00

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Census Tract: 5334.01
  • Tax Lot: 2935
  • Tax Tract Number: 5953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Feb 25, 2019
Sold by
Nodal Salvador and Nodal Esperanza
Bought by
Pedraza Juan Leal and Leal Maria O
Seller's Agent
Rodrigo Juarez Lopez
Enterprise Real Estate Sales
Buyer's Agent
FRANCIS KYLE PAPA RIBAS
Excellence RE Real Estate
List Price
$549,995
Sold Price
$540,000
Premium/Discount to List
-$9,995
-1.82%
Current Estimated Value
$777,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,504
Avg. Annual Appreciation
5.54%
Original Mortgage
$530,219
Outstanding Balance
$468,207
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$309,297
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
Pedraza Juan Leal $540,000 Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedraza Juan Leal $530,219
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2019 04/03/19 Sold $540,000 -1.8% $331 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $549,995 -- $337 / 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 $8,407 $602,375 $361,425 $240,950
2024 $8,407 $590,565 $354,339 $236,226
2023 $8,261 $578,987 $347,392 $231,595
2022 $7,843 $567,635 $340,581 $227,054
2021 $7,747 $556,505 $333,903 $222,602
2020 $7,739 $551,055 $330,480 $220,575
2019 $2,908 $178,964 $61,274 $117,690
2018 $2,722 $175,461 $60,073 $115,388
2016 $2,540 $168,405 $57,742 $110,663
2015 $2,400 $165,876 $56,875 $109,001
2014 $2,401 $162,627 $55,761 $106,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18289287

California Regional Multiple Listing Service (CRMLS)

APN: 6312-008-007