NOT LISTED FOR SALE

4732 Florence Ave Bell, CA 90201

Estimated Value: $1,001,000 - $1,502,000

8 Beds
5 Baths
2 Sq Ft
$629,373/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $790,000 $395,000 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,759/month

26 Days on Market

Highlights

  • Two Homes on a Lot
  • Wall Furnace
  • 1-Story Property
  • Tile Flooring

About This Home

As of June 2018

Welcome to 4732 Florence Ave...
Look no further! Excellent opportunity for a business to own. 2 houses totally remodeled on a huge lot with the option of using about 400 sqft room that can used for a business with a certificate of occupancy issued from the city. Located in the Prime City of Bell. Close to the 710 freeway, stores, restaurants, etc. Use Code Duplex (2 units, any combination). Zoning: BLC3R*. Front house has 4 bed/2.5 bath which was previously leased as an office. Rear house has 4 bed/2 bath. Property features new bathrooms, new kitchen, new flooring, new light fixtures and new windows. Property is in turkey condition. Must come see to appreciate all that this property has to offer.

Last Agent to Sell the Property

Ernesto Ramos

Excellence RE Real Estate, Inc. License #01160122 Listed on: 03/07/2018

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Maria Hernandez

Excellence Reliable Brokers License #01756902

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 8,984 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 8 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • Two Homes on a Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 180
  • Assessor Parcel Number 6226002405

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: BLC3R*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6226002405
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 8984.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5338.03
  • Tax Lot: 16
  • Tax Tract Number: 180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Saenz Raul and Saenz Hugo
Bought by
Saenz Hugo
Current Estimated Value
$1,258,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$722,305
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$536,441

Purchase Details

Closed on
Nov 10, 2021
Sold by
Carlos Lozano Juan
Bought by
Saenz Raul and Saenz Hugo

Purchase Details

Listed on
Mar 7, 2018
Closed on
Jun 6, 2018
Sold by
Divine Investment Group Inc
Bought by
Lozano Juan Carlos and Saenz Lizet
Seller's Agent
Ernesto Ramos
Excellence RE Real Estate, Inc.
Buyer's Agent
Maria Hernandez
Excellence Reliable Brokers
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$775,691
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 11, 2017
Closed on
Oct 31, 2017
Sold by
Hpap Llc
Bought by
Divine Investment Group Inc
Seller's Agent
Susan Wang
IRN Realty
Buyer's Agent
Joel Cruzado
CAPITAL NETWORK REALTY
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.85%
Original Mortgage
$488,750
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2014
Sold by
Lee Judy
Bought by
Hpap Llc

Purchase Details

Closed on
Mar 16, 2012
Sold by
Guan Chen
Bought by
Lee Judy

Purchase Details

Closed on
May 8, 2000
Sold by
Lee Maria
Bought by
Guan Chen

Purchase Details

Closed on
Feb 5, 1999
Sold by
Lee Judy Ching Yu
Bought by
Lee Maria

Purchase Details

Closed on
Jan 14, 1999
Sold by
Lee Maria
Bought by
Yu Lee Judy and Yu Lee Ching

Purchase Details

Closed on
Jun 10, 1997
Sold by
Harris Ruthe A and Harris Harold S
Bought by
Lee Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 1995
Sold by
Harris Harold S
Bought by
Harris Harold S and Harris Ruthe A
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
Saenz Hugo -- Lawyers Title
Saenz Raul -- Lawyers Title
Lozano Juan Carlos $790,000 Lawyers Title
Divine Investment Group Inc $495,000 Lawyers Title
Hpap Llc -- Accommodation
Lee Judy -- None Available
Guan Chen -- --
Lee Maria -- Fidelity Title
Yu Lee Judy -- --
Lee Maria $210,000 Fidelity National Title Ins
Harris Harold S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saenz Hugo $760,000
Previous Owner Lozano Juan Carlos $775,691
Previous Owner Divine Investment Group Inc $488,750
Previous Owner Lee Maria $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2018 06/26/18 Sold $790,000 -4.2% $395,000 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $825,000 +66.7% $412,500 / Sq Ft
11/22/2017 11/22/17 Sold $495,000 -10.0% $184 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $550,000 +11.1% $205 / Sq Ft
05/04/2017 05/04/17 Off Market $495,000 -- --
03/11/2017 03/11/17 For Sale $550,000 -- $205 / 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 $14,898 $965,615 $695,767 $269,848
2024 $14,898 $946,682 $682,125 $264,557
2023 $14,630 $928,120 $668,750 $259,370
2022 $14,081 $912,000 $625,000 $287,000
2021 $13,021 $830,430 $494,053 $336,377
2019 $12,754 $805,800 $479,400 $326,400
2018 $8,073 $495,000 $300,000 $195,000
2017 $5,613 $324,673 $194,804 $129,869
2016 $8,137 $488,771 $294,195 $194,576
2015 $8,012 $481,430 $289,776 $191,654
2014 $5,463 $307,388 $184,433 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18053203

California Regional Multiple Listing Service (CRMLS)

APN: 6226-002-405