NOT LISTED FOR SALE

4345 Florence Ave Cudahy, CA 90201

Estimated Value: $704,000 - $793,000

4 Beds
2 Baths
1,152 Sq Ft
$655/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $660,000 $573 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,994/month

22 Days on Market

About This Home

As of February 2023

Beautiful, remodeled duplex in the city of Bell, CA on Florence Ave. Ideal situation for an owner-user to live in one unit and earn income from the other unit. Duplex sits on a huge lot consisting of 5,973 square feet with a lot of frontage land. City of Bell will allow an additional two units built, please confirm with the city of Bell. Big parking lot can bring additional income.

Close proximity to retail shops and food on Atlantic Ave. Near 710 freeway.

The entire building has been painted and dual pane windows have been installed. The remodeled bottom unit has new vinyl flooring, kitchen granite countertops, over the range microwave, and range. The property has dual electrical meters each tenant responsible for paying electricity.

This property is perfect for an owner user, developer who wants to build additional units, or anyone who is looking to receive income.

Dentist office building is also available for purchase right next to the duplex. Combined lot size is 10,739 square feet. Please contact if interested in both lots.

Last Agent to Sell the Property

Michael Gomez

Golden Feather Investments, Inc License #02112209 Listed on: 12/05/2022

Last Buyer's Agent

Jaime Carranza

Global PNC Real Estate License #01275543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,687

Year Built

  • Built in 1929

Lot Details

  • 5,973 Sq Ft Lot
  • 1 Common Wall
  • Value in Land

Home Design

  • 1,152 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 3509
  • Assessor Parcel Number 6325025003
  • $816 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,359
  • Water Sewer Expense $1,200
  • Operating Expense $19,719
  • Gross Income $38,580
  • Net Operating Income $18,861

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,687

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Price Per Unit: 337500
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: BLC3R*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6325025003
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 572.92

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 5973.00
  • Lot Size Acres: 0.1371

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 38580.00
  • Gross Scheduled Income: 38580.00
  • Insurance Expense: 2359.00
  • Lot Size Area: 5973.0000 Square Feet
  • Net Operating Income: 18861.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 19719.00
  • Rent Control: No
  • Total Expenses: 19719.00

Tax Info

  • Tax Census Tract: 5336.03
  • Tax Lot: 13
  • Tax Tract Number: 3509
  • TaxOtherAnnualAssessmentAmount: 816.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 11, 2023
Sold by
Goldstar Enterprises Inc
Bought by
Rios Adriana D
Seller's Agent
Michael Gomez
Golden Feather Investments, Inc
Buyer's Agent
Jaime Carranza
Global PNC Real Estate
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
95
Current Estimated Value
$754,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,501
Avg. Annual Appreciation
4.24%
Original Mortgage
$648,045
Outstanding Balance
$628,948
Interest Rate
6.48%
Mortgage Type
FHA
Estimated Equity
$104,121

Purchase Details

Closed on
Mar 21, 2022
Sold by
Ditri James E
Bought by
Ditri Dalay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2022
Sold by
Sylvia Duran Rienne
Bought by
Acevedo Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2022
Sold by
Acevedo Family Company Llc
Bought by
Goldstar Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 10, 2017
Sold by
Itri Dalay Acevedo D and Acevedo David
Bought by
The Acevedo Family Company Llc

Purchase Details

Closed on
May 18, 2012
Sold by
Magana Alfonso and Evangelina Acevedo Trust
Bought by
Acevedo Dalay and Acevedo David

Purchase Details

Closed on
Nov 29, 1999
Sold by
Acevedo Evangelina & Jose Revocable Tr
Bought by
Magana Alfonso and The Evangelina Acevedo Trust

Purchase Details

Closed on
May 13, 1995
Sold by
Acevedo Jose R and Evangelina Trust
Bought by
Acevedo Evangelina and The Evangelina Acevedo Trust
Source: Public Records

Range of Values:

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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
Rios Adriana D $660,000 Commonwealth Land Title
Ditri Dalay -- Commonwealth Land Title
Acevedo Daniel -- Commonwealth Land Title
Goldstar Enterprises Inc $377,000 Commonwealth Land Title
The Acevedo Family Company Llc -- None Available
Acevedo Dalay -- None Available
Magana Alfonso -- --
Acevedo Evangelina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Adriana D $648,045
Previous Owner Goldstar Enterprises Inc $396,000
Closed Goldstar Enterprises Inc $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $660,000 -2.2% $573 / Sq Ft
01/04/2023 01/04/23 For Sale $675,000 0.0% $586 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $675,000 -- $586 / 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 $10,687 $686,664 $468,180 $218,484
2024 $10,687 $673,200 $459,000 $214,200
2023 $9,360 $582,420 $510,000 $72,420
2022 $4,659 $267,810 $150,457 $117,353
2021 $4,612 $262,559 $147,507 $115,052
2019 $4,482 $254,774 $143,133 $111,641
2018 $4,354 $249,779 $140,327 $109,452
2016 $4,280 $240,081 $134,879 $105,202
2015 $4,216 $365,000 $200,000 $165,000
2014 $4,177 $230,000 $100,400 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22250274

California Regional Multiple Listing Service (CRMLS)

APN: 6325-025-003