NOT LISTED FOR SALE

4703 Merced Ave Baldwin Park, CA 91706

Estimated Value: $700,000 - $861,000

5 Beds
3 Baths
1,572 Sq Ft
$484/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $554,000 $352 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,564/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2019

A 3 Bedroom 2 Bathroom front house plus a 2 Bedroom 1 Bath Guest house on 7142 square foot lot there are also two 20 by 20 garages. Good long term back unit renters paying $1550.00 front house has a bedroom rented for $400.00 owner will vacate the two additional bedrooms in front house that could generate an additional $1600.00 All current tenants would remain after sale if new owner wishes. A bread and honey deal for any investor or homeowner who wants help with the monthly mortgage payment. Don't miss this one of a kind deal.

Last Agent to Sell the Property

Alonso Rodriguez

New Century Homes License #02080233 Listed on: 07/23/2019

Last Buyer's Agent

Reyna Sanchez

America 1st Realty & Inv. License #01345700

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,142 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4049
  • Assessor Parcel Number 8542006047

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,860
  • Insurance Expense $800
  • Trash Expense $780
  • Water Sewer Expense $650
  • New Taxes Expense $6,975
  • Operating Expense $11,065
  • Gross Income $41,400
  • Net Operating Income $36,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 650.00
  • Zoning: BPR1*
  • Property Type: Residential Income
  • Parcel Number: 8542006047
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 352.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7142.00
  • Lot Size Acres: 0.1640

Multi Family

  • Electric Expense: 1860.00
  • Gross Income: 41400.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7142.0000 Square Feet
  • Net Operating Income: 36600.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Expenses: 11065.00

Tax Info

  • New Taxes Expense: 6975.00
  • Tax Census Tract: 4049.01
  • Tax Lot: 1
  • Tax Tract Number: 4049.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Leyva Zaferina Laura and Linarez Geovanny
Bought by
Leyva Zeferina Laura and Gomez Ariana
Current Estimated Value
$761,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Outstanding Balance
$322,138
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$439,329

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 6, 2019
Sold by
Gonzalez Diago Jesus and Gonzalez Candelaria
Bought by
Leyva Zeferina Laura and Linarez Geovanny
Seller's Agent
Alonso Rodriguez
New Century Homes
Buyer's Agent
Reyna Sanchez
America 1st Realty & Inv.
List Price
$549,888
Sold Price
$554,000
Premium/Discount to List
$4,112
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$349,490
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2018
Sold by
Gonzalez Ricardo
Bought by
Gonzalez Diego Jesus and Gonzalez Candelaria

Purchase Details

Closed on
Jul 14, 1995
Sold by
Gonzalez Ricardo
Bought by
Gonzalez Ricardo and Gonzalez Candelaria
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
Leyva Zeferina Laura -- Western Resources Title
Leyva Zeferina Laura $554,000 Provident Title Company
Gonzalez Diego Jesus -- None Available
Gonzalez Ricardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyva Zeferina Laura $363,000
Previous Owner Leyva Zeferina Laura $349,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $554,000 +0.7% $352 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $549,888 -- $350 / 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 $7,452 $596,490 $410,059 $186,431
2024 $7,452 $584,795 $402,019 $182,776
2023 $7,377 $573,330 $394,137 $179,193
2022 $7,529 $562,089 $386,409 $175,680
2021 $7,423 $551,069 $378,833 $172,236
2019 $3,839 $270,969 $164,558 $106,411
2018 $1,697 $109,999 $22,696 $87,303
2016 $1,638 $105,729 $21,815 $83,914
2015 $1,618 $104,142 $21,488 $82,654
2014 $1,604 $102,103 $21,068 $81,035
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alonso Rodriguez

    New Century Homes

    (310) 953-6084

    13 Total Sales

    Alonso Rodriguez
    Section Image

  • R

    Buyer's Agent in 2019

    Reyna Sanchez

    America 1st Realty & Inv.

    (562) 382-5901

    11 Total Sales

    Reyna Sanchez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19175403

California Regional Multiple Listing Service (CRMLS)

APN: 8542-006-047

California Los Angeles County Baldwin Park 91706

4703 Merced Ave, Baldwin Park, CA

Not Listed for Sale

MultiFamily

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