NOT LISTED FOR SALE

4543 E 56th St Unit A Maywood, CA 90270

Estimated Value: $913,000 - $1,077,000

7 Beds
4 Baths
2,766 Sq Ft
$353/Sq Ft Est. Value

Last Sold April 09, 2017

Last sale price $622,000 $225 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,954/month

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room

About This Home

As of April 2017

Great investment opportunity. Three units for positive rental income. Maybe live in one and rent the other two. All three units kept in good condition. Good looking building sits on a quiet street in a nice area of the City of Maywood. Do not miss out on this opportunity. Call for a viewing appointment. Drive-by and appointment only please. Do not disturb tenants.

Last Agent to Sell the Property

Alexandria Felix

VIP RE Firm License #01195677 Listed on: 03/03/2017

Last Buyer's Agent

Alexandria Felix

VIP RE Firm License #01195677 Listed on: 03/03/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,692 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 2,766 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 5337
  • Assessor Parcel Number 6313007026

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $80
  • Trash Expense $100
  • Water Sewer Expense $90
  • Operating Expense $350
  • Gross Income $3,000
  • Net Operating Income $350

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 90.00
  • Zoning: MYR3*
  • Property Type: Residential Income
  • Parcel Number: 6313007026
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 224.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 4692.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 80.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 3000.00
  • Net Operating Income: 350.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 350.00
  • Rent Control: No
  • Total Expenses: 350.00

Tax Info

  • Tax Census Tract: 5337.01
  • Tax Lot: 2
  • Tax Tract Number: 5337.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2020
Sold by
Ramirez Hector A and Ramirez Mayra
Bought by
Ramirez Hector A and Ramirez Mayra
Current Estimated Value
$975,908

Purchase Details

Listed on
Mar 3, 2017
Closed on
Mar 15, 2017
Sold by
Carrillo Luis A Romera
Bought by
Ramirez Rodrigo Ivan and Ramirez Hector Alexander
Seller's Agent
Alexandria Felix
VIP RE Firm
Buyer's Agent
Alexandria Felix
VIP RE Firm
List Price
$605,000
Sold Price
$622,000
Premium/Discount to List
$17,000
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$497,600
Outstanding Balance
$411,831
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$564,077

Purchase Details

Closed on
Dec 29, 2006
Sold by
Carrillo Luis A Romero and Rodriguez Maria Jesus
Bought by
Carrillo Luis A Romero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
Romero Luis A and Rodriguez Maria Jesus
Bought by
Romero Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2001
Sold by
Federal National Mortgage Association
Bought by
Romero Luis A and Rodriguez Maria Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,693
Interest Rate
7.41%
Mortgage Type
FHA
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
Ramirez Hector A -- None Available
Ramirez Hector A -- None Available
Ramirez Rodrigo Ivan $622,000 Old Republic Title Company
Carrillo Luis A Romero -- Commonwealth Land Title Co
Romero Luis A -- First American Title Ins Co
Romero Luis A $214,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Rodrigo Ivan $497,600
Previous Owner Carrillo Luis A Romero $465,000
Previous Owner Romero Luis A $20,000
Previous Owner Romero Luis A $210,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2017 04/09/17 Sold $622,000 +2.8% $225 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $605,000 -- $219 / 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 $10,277 $721,878 $348,173 $373,705
2024 $10,277 $707,725 $341,347 $366,378
2023 $10,101 $693,849 $334,654 $359,195
2022 $9,721 $680,245 $328,093 $352,152
2021 $9,599 $666,908 $321,660 $345,248
2020 $9,660 $660,070 $318,362 $341,708
2019 $9,305 $647,128 $312,120 $335,008
2018 $9,151 $634,440 $306,000 $328,440
2016 $5,144 $343,366 $89,681 $253,685
2015 $5,152 $338,209 $88,334 $249,875
2014 $5,068 $331,585 $86,604 $244,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17046326

California Regional Multiple Listing Service (CRMLS)

APN: 6313-007-026