$555,000
SOLD NOV 30, 2015

4652 Walnut Ave Pico Rivera, CA 90660

5 Beds
3 Baths
2,452 Sq Ft
7,319 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

7% Below List Price

31 Days on Market

About This Home

As of November 2015

Extremely rare to find, an amazing investment opportunity in a great area of Pico Rivera !! Long term tenants, month to month – a plus !! Keep in mind, current rental rates are below market as well. Property includes 3 units total. 2 units upper level with 1 bedroom/1 bathroom each and 1 unit lower level with 3 bedrooms/1 bathroom. Spacious parking in back of units. Must see, not to miss !!

Last Agent to Sell the Property

Linda La

First Family Homes License #01893693 Listed on: 09/25/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,851

Year Built

  • Built in 1964

Lot Details

  • 7,319 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,452 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport
  • Parking Available

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 6423
  • Assessor Parcel Number 6374003013

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $660
  • New Taxes Expense $5,019
  • Gross Income $2,220
  • Net Operating Income $2,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,851

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Other Phone Description: (626) 676-3561
  • Property Attached: Yes
  • Water Sewer Expenses: 660.00
  • Property Type: Residential Income
  • Parcel Number: 6374003013
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 226.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7319.00
  • Price Per Lot Square Foot: 81.30
  • Lot Size Acres: 0.1680

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2220.00
  • Gross Scheduled Income: 2695.00
  • Insurance Expense: 850.00
  • Lot Size Area: 7319.0000 Square Feet
  • Net Operating Income: 2220.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 475.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5019.00
  • Tax Lot: 24
  • Tax Tract Number: 6423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2025
Sold by
Romero Jonathan
Bought by
Jonathan Romero Living Trust and Romero
Current Estimated Value
$977,827

Purchase Details

Listed on
Sep 25, 2015
Closed on
Oct 30, 2015
Sold by
Vu Hoang M
Bought by
Romero Jonathan
Seller's Agent
Linda La
First Family Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$595,000
Sold Price
$555,000
Premium/Discount to List
-$40,000
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$440,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2013
Closed on
Oct 18, 2013
Sold by
The Vega Trust
Bought by
Vu Hoang M and La Mai K
Seller's Agent
Sandra Roland
1REALTYCAT HOMES & LOANS
Buyer's Agent
Sandra Roland
1REALTYCAT HOMES & LOANS
List Price
$328,888
Sold Price
$320,000
Premium/Discount to List
-$8,888
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.31%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Vega Librada M
Bought by
Signaigo Alicia M and Signaigo Alicia Vega

Purchase Details

Closed on
Dec 16, 1993
Sold by
Vega Librada M
Bought by
Vega Librada M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.2%
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 Type Sale Price Title Company
Grant Deed -- --
Grant Deed $550,000 Title 365
Grant Deed $320,000 Ticor Title Co
Interfamily Deed Transfer -- --
Grant Deed -- Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,000 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $555,000 -6.7% $226 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $595,000 +85.9% $243 / Sq Ft
10/31/2013 10/31/13 Sold $320,000 -2.7% $131 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $328,888 -- $134 / 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 $9,851 $651,083 $355,136 $295,947
2024 $9,851 $638,318 $348,173 $290,145
2023 $9,575 $625,803 $341,347 $284,456
2022 $9,145 $613,533 $334,654 $278,879
2021 $8,852 $601,504 $328,093 $273,411
2019 $8,779 $583,664 $318,362 $265,302
2018 $8,310 $572,220 $312,120 $260,100
2016 $7,601 $550,000 $300,000 $250,000
2015 $5,065 $326,393 $224,395 $101,998
2014 $5,020 $320,000 $220,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15213031

California Regional Multiple Listing Service (CRMLS)

APN: 6374-003-013