NOT LISTED FOR SALE

4665 Walnut Ave Pico Rivera, CA 90660

Estimated Value: $819,000 - $1,074,000

3 Beds
2 Baths
1,100 Sq Ft
$831/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $380,000 $345 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,639/month

122 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Laundry Room
  • Contemporary Architecture
  • Private Yard
  • Tile Flooring

About This Home

As of May 2016

NEW PRICE...Price is now firm at $369,000! ALL-CASH BUYERS...DRIVE-BY THIS PROPERTY and see it for yourself!!! We are looking for ALL CASH...AS-IS ONLY. It is possible to Build a legal 2nd Unit on this Multiple Residential Lot. Large 3 Bedroom 2 Bath 1,100 SqFt house in front includes converted garage without permits. Title shows Duplex but back unit may not be permitted. PLEASE NOTE: City of Pico Rivera has now said the back unit needs extensive modification to make it permit-able or must be torn down. Violations issued by the city are available upon request. Subject to city approval to bring the unit up to code or tear it down and rebuild a new 2nd unit and garages. Front house with converted garage will probably need work to bring it to code also (check with city) Existing 2-car garage conversion has 1-bedroom and walk-in closet, kitchen, bath and laundry room. Front house has 2 -Bedrooms and 1-Bath with added room which could be a 3rd bedroom. Another solution is to add a garage and living space above the garage to make an extra large, 6-bedroom single family home. Large 7,275 Lot. Cute curb appeal.

Last Agent to Sell the Property

Jack Rosemary

Jack Rosemary, Broker License #00858902 Listed on: 02/27/2016

Last Buyer's Agent

Max Pealyo

AGR and Associates License #01162944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,519

Year Built

  • Built in 1939

Lot Details

  • 7,275 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Front Yard

Home Design

  • 1,100 Sq Ft Home
  • Contemporary Architecture

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 10 Car Garage
  • Heated Garage
  • Parking Available
  • Driveway
  • Uncovered Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 6423
  • Assessor Parcel Number 6374003008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 4 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $1,200
  • Supplies Expense $100
  • Trash Expense $1,200
  • Water Sewer Expense $1,400
  • New Taxes Expense $5,700
  • Gross Income $2,000
  • Net Operating Income $1,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,519

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Other Phone Number: 949-289-5263
  • Property Attached: No
  • Supplies Expense: 100.00
  • Water Sewer Expenses: 1400.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6374003008
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 345.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway, Heated Garage, Uncovered
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights, Urban

Lot Info

  • Lot Features: Front Yard, Lawn, Rectangular Lot, Lot 6500-9999, Paved, Near Public Transit, Yard
  • Lot Size Sq Ft: 7275.00
  • Price Per Lot Square Foot: 52.23
  • Lot Size Acres: 0.1670

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 2000.00
  • Gross Scheduled Income: 2000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7275.0000 Square Feet
  • Net Operating Income: 1225.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 2
  • Operating Expense: 775.00
  • Other Income Description: PRO-FORMA Projected Income
  • Rent Control: No
  • Total Actual Rent: 4500.00

Tax Info

  • New Taxes Expense: 5700.00
  • Tax Lot: 11
  • Tax Tract Number: 6423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2017
Sold by
Wmg Inc and Wmg Center Inc
Bought by
Valles Daniel D and Garcia Jessica
Current Estimated Value
$914,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,585
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 27, 2016
Closed on
May 6, 2016
Sold by
Marquez Henry Z and The Maria L Marquez Living Tru
Bought by
Wmg Inc
Seller's Agent
Jack Rosemary
Jack Rosemary, Broker
Buyer's Agent
Max Pealyo
AGR and Associates
List Price
$475,000
Sold Price
$380,000
Premium/Discount to List
-$95,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Jan 31, 2006
Sold by
Marquez Maria L
Bought by
The Maria L Marquez Living Trust

Purchase Details

Closed on
Mar 22, 2002
Sold by
Marquez Maria L and The Maria L Marquez Living Tru
Bought by
Marquez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.75%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Marquez Maria L
Bought by
Marquez Maria L and The Maria L Marquez Living Tru
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
Valles Daniel D $575,000 Chicago Title
Wmg Inc $380,000 Chicago Title Company
The Maria L Marquez Living Trust -- None Available
Marquez Maria L -- First American Title Ins Co
Marquez Maria L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valles Daniel D $564,585
Previous Owner Marquez Maria L $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $380,000 -20.0% $345 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $475,000 -- $432 / 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 $9,519 $667,329 $406,201 $261,128
2024 $9,519 $654,245 $398,237 $256,008
2023 $9,255 $641,418 $390,429 $250,989
2022 $8,837 $628,842 $382,774 $246,068
2021 $8,612 $616,513 $375,269 $241,244
2020 $8,717 $610,193 $371,422 $238,771
2019 $8,563 $598,230 $364,140 $234,090
2018 $8,144 $586,500 $357,000 $229,500
2016 $1,630 $56,484 $25,655 $30,829
2015 $1,613 $55,636 $25,270 $30,366
2014 $1,613 $54,547 $24,775 $29,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15267432

California Regional Multiple Listing Service (CRMLS)

APN: 6374-003-008