NOT LISTED FOR SALE

4542 E 53rd St Maywood, CA 90270

Estimated Value: $919,000 - $1,098,000

8 Beds
4 Baths
2,304 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $885,000 $384 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,352/month

63 Days on Market

Highlights

  • Double Pane Windows
  • Bungalow
  • Wrought Iron Fence
  • Bell High School Rated A-
  • Tile Flooring
  • 5-minute walk to Pine Avenue Park

About This Home

As of July 2020

WOW 1ST TIME BUYERS/INVESTORS STOP HERE & LOOK AT THIS EXCELLENT OPPORTUNITY TO OWN YOUR VERY INCOME PRODUCING BREAD AND BUTTER UNITS FEATURE LOW MAINTENANCE, HIGH INCOME PRODUCING PROPERTY WITH GREAT FLOOR PLANS AND SOLID CONSTRUCTION. 4 UNITS MUST BE SOLD TOGETHER ALONG WITH THE NEIGHBORING 4 UNITS PROPERTY ADDRESS 4540 E 53RD ST. MLS#DW20049717 THE PROPERTY CONSISTS OF 2 BUILDINGS IN THE REAR IS A DUPLEX 2 BEDROOMS 1 BATH EACH UNIT ONE OF THE UNITS HAS BEEN COMPLETELY REHAB THE OTHERS HAVE BEEN COSMETICALLY REHAB, IN THE FRONT THERE IS A SAME SIZE DUPLEX 2 BEDROOM 1 BATH EACH UNIT ALL THE SAME SIZE THE PROPERTY HAS BEEN UPDATED WITH NEW VINYL DOUBLE PANE WINDOWS, WATER HEATERS, PAINT,TILE & LAMINATE FLOORING, COMPLETE EXTERIOR PAINTING, ALL WOOD REPAIRS DONE, WOOD FENCING AROUND PROPERTY, WROUGHT IRON SECURITY FENCING WITH GATE IN FRONT ACCESS, EXTERIOR NO MAINTENANCE NEEDED AS FLOORING IS ALL ASPHALT & CONCRETE WITH PARKING FOR ABOUT 6+ CARS.WOODEN LANDSCAPING PLANTERS IN FRONT YARD, 3 YARD TRASH CONTAINER FOR BOTH PROPERTIES LOCATED ON THIS PROPERTY, ONE WATER METER SERVICES BOTH THIS PROPERTY AND ADJACENT PROPERTY.

Last Agent to Sell the Property

mike rico

Realty One Group United License #01241637 Listed on: 03/06/2020

Realty One Group United

Last Buyer's Agent

James Kim

Circa Properties, Inc. License #01967073

Circa Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,333

Year Built

  • Built in 1953

Lot Details

  • 6,035 Sq Ft Lot
  • 1 Common Wall
  • Northeast Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Redwood Fence
  • New Fence
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Land Lease

Home Design

  • Bungalow
  • Quadruplex
  • Entry on the 1st floor
  • Additions or Alterations
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2520
  • Tax Tract Number 5952
  • Assessor Parcel Number 6313006006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,305
  • Trash Expense $1,920
  • Water Sewer Expense $1,500
  • New Taxes Expense $11,875
  • Operating Expense $16,600
  • Gross Income $6,750
  • Net Operating Income $64,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,333

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: MYR3YY
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6313006006
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 384.11
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Slab
  • Fence: Yes
  • Fencing: New Condition, Redwood, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot, Level
  • Lot Size Sq Ft: 6035.00
  • Lot Size Acres: 0.1385

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 576 Square Feet
  • Gross Income: 6750.00
  • Gross Scheduled Income: 81000.00
  • Insurance Expense: 1305.00
  • Lot Size Area: 6035.0000 Square Feet
  • Net Operating Income: 64400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16600.00
  • Other Income1: 8400.00
  • Other Income Description: FUTURE RENTAL MARKET VALUE INC
  • Rent Control: No
  • Total Actual Rent: 6750.00
  • Total Expenses: 16600.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Census Tract: 5337.01
  • Tax Lot: 2520
  • Tax Tract Number: 5952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2012
Sold by
Rico Dora Elva and Munguia Dora
Bought by
Rico Dora Elva and The 2012 Dora Elva Rico Separa
Current Estimated Value
$996,260

Purchase Details

Closed on
Mar 7, 2009
Sold by
Munguia Carlos
Bought by
Munguia Dora

Purchase Details

Closed on
Jan 25, 2007
Sold by
Zemel Steven K
Bought by
Munguia Carlos and Munguia Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
8.91%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 17, 2003
Sold by
Gert Llc
Bought by
Zemel Steven K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2002
Sold by
Zemel Steven K
Bought by
Gert Llc
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
Rico Dora Elva -- None Available
Munguia Dora -- None Available
Munguia Carlos $599,000 Equity Title Company
Zemel Steven K -- Equity Title Company
Gert Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munguia Carlos $479,200
Previous Owner Zemel Steven K $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $885,000 -6.8% $384 / Sq Ft
03/06/2020 03/06/20 For Sale $949,999 -- $412 / 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 $13,333 $957,950 $432,972 $524,978
2024 $13,333 $939,168 $424,483 $514,685
2023 $13,101 $920,754 $416,160 $504,594
2022 $12,362 $902,700 $408,000 $494,700
2021 $12,211 $885,000 $400,000 $485,000
2019 $10,074 $719,417 $187,357 $532,060
2018 $9,868 $705,312 $183,684 $521,628
2016 $8,384 $600,000 $250,000 $350,000
2015 $8,002 $600,000 $250,000 $350,000
2014 $5,811 $410,000 $180,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20050621

California Regional Multiple Listing Service (CRMLS)

APN: 6313-006-006