NOT LISTED FOR SALE

4650 Florence Ave Bell, CA 90201

Estimated Value: $2,089,318

5 Beds
5 Baths
2,400 Sq Ft
$871/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $1,175,000 $490 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $12,879/month

113 Days on Market

Highlights

  • 18,702 Sq Ft lot
  • Guest Parking
  • 1-Story Property
  • Side by Side Parking

About This Home

As of February 2019

A mix use well kept property. Front building (2 stores fronts) currently used as a Karate studio that brings in at total of $3,200/month. A duplex plus two separate smaller buildings. Huge lot, excellent for builders. **All tenants are on month to month lease, Landlord only pays water about $250 month. insurance about $4k year

Last Agent to Sell the Property

Linda Gonzales

Century 21 Hollywood License #01097454 Listed on: 10/01/2018

Co-Listed By

Chona Galvez

Century 21 Hollywood License #01109350

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.43 Acre Lot

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • Side by Side Parking
  • Guest Parking
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6226-002-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 2400
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 541.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking for Guests, Parking Space, Side By Side, Uncovered
  • Total Parking: 10

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Fee Information

  • Insurance Expense: 4111.00

Lot Info

  • Assessed Improvement Value: 290763
  • Assessed Land Value: 202159
  • Assessor Parcel Number: 6226-002-004
  • Geocode Override: No
  • Lot Size Area: 18702

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 5.00
  • Number Of Units: 6
  • Type Of Units: detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Vazquez Gilbert R
Bought by
Hernandez Javier Castillo
Current Estimated Value
$2,089,318

Purchase Details

Closed on
Dec 26, 2018
Sold by
Larious Marissa E
Bought by
Vasquez Gilbert

Purchase Details

Closed on
Feb 19, 2016
Sold by
Larios Marissa E and Larios Juan M
Bought by
Larios Marissa E

Purchase Details

Closed on
Feb 25, 2011
Sold by
Larios Juan M and Larios Yolanda E
Bought by
Larios Marissa E and Larios Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2007
Sold by
Larios Juan M and Larios Yolanda E
Bought by
Larios Juan M and Larios Yolanda E

Purchase Details

Closed on
Oct 31, 2006
Sold by
Larios Yolanda E
Bought by
Larios Juan M

Purchase Details

Closed on
Dec 5, 2002
Sold by
Ngo Jimmy and Ngo Anh Van D
Bought by
Larios Juan and Larios Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,700
Interest Rate
6.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hernandez Javier Castillo $1,345,000 Wfg National Title Company
Vasquez Gilbert $1,175,000 Lawyers Title
Larios Marissa E -- None Available
Larios Marissa E -- Nations Title Corp
Larios Juan M -- None Available
Larios Juan M -- None Available
Larios Juan M -- None Available
Larios Juan $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larios Marissa E $399,000
Previous Owner Larios Juan $335,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $1,175,000 -9.5% $490 / Sq Ft
10/01/2018 10/01/18 For Sale $1,299,000 -- $541 / Sq Ft
Source: The MLS

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 $23,450 $1,470,951 $984,280 $486,671
2024 $23,450 $1,442,110 $964,981 $477,129
2023 $23,030 $1,413,834 $946,060 $467,774
2022 $22,136 $1,386,112 $927,510 $458,602
2021 $21,906 $1,358,934 $909,324 $449,610
2020 $22,005 $1,345,000 $900,000 $445,000
2019 $9,622 $512,835 $210,326 $302,509
2018 $14,961 $889,440 $448,800 $440,640
2016 $9,072 $483,258 $198,196 $285,062
2015 $8,930 $476,000 $195,219 $280,781
2014 $8,895 $466,676 $191,395 $275,281
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Linda Gonzales

    Century 21 Hollywood

  • C

    Seller Co-Listing Agent in 2019

    Chona Galvez

    Century 21 Hollywood

    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 18-391572

The MLS

APN: 6226-002-004

California Los Angeles County Bell 90201

4650 Florence Ave, Bell, CA

Not Listed for Sale

MultiFamily

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