NOT LISTED FOR SALE

4765 Gage Ave Bell, CA 90201

Estimated Value: $1,050,000 - $1,301,910

2 Beds
1 Bath
3,168 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $750,000 $237 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,218/month

118 Days on Market

About This Home

As of March 2017

Huge PRICE REDUCTION...! SELLER Motivated....! Rare Opportunity to own a Quadruples in the beautiful city of Bell, CA. This magnificent apartments consist of 4 units 2 bedrooms 1 bathroom each. All units are occupied, please DO NOT DISTURB Tenants. Property has recent upgrade inside. Buyer to cooperate with seller for a 1031 Exchange at no cost to buyer. Owner delivered letter to all tenant raising the rent up to $1350.00 to each starting January 2017.

Last Agent to Sell the Property

Hugo Cervantes

Home Central Realty License #01733336 Listed on: 11/03/2016

Last Buyer's Agent

Hugo Cervantes

Home Central Realty License #01733336 Listed on: 11/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,683

Year Built

  • Built in 1963

Lot Details

  • 5,719 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1489
  • Tax Tract Number 3766
  • Assessor Parcel Number 6316027014

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,683

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: BLC3R*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6316027014
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 236.74

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5719.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5160.00

Tax Info

  • Tax Census Tract: 5338.04
  • Tax Lot: 1489
  • Tax Tract Number: 3766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 28, 2017
Sold by
Gonzalez Tiffany A
Bought by
Gonzalez Rodrigo Bryan
Seller's Agent
Hugo Cervantes
Home Central Realty
Buyer's Agent
Hugo Cervantes
Home Central Realty
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Current Estimated Value
$1,155,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,478
Avg. Annual Appreciation
5.17%
Original Mortgage
$600,000
Outstanding Balance
$497,275
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$658,203

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 24, 2017
Sold by
Sabzland Llc
Bought by
Gonzalez Rodrigo Bryan
Seller's Agent
Hugo Cervantes
Home Central Realty
Buyer's Agent
Hugo Cervantes
Home Central Realty
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$497,275
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$658,203

Purchase Details

Closed on
Jun 1, 2012
Sold by
Flores Olinda A
Bought by
Action One Lp

Purchase Details

Closed on
Apr 2, 2012
Sold by
Flores Olinda A
Bought by
Flores Olinda A and Torres Wendy

Purchase Details

Closed on
Nov 27, 2002
Sold by
Ruiz Israel and Flores Olinda A
Bought by
Flores Olinda A

Purchase Details

Closed on
Nov 9, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Ruiz Israel and Flores Olinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,339
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 1999
Sold by
Valles Hortensia
Bought by
Washington Mutual Bank Fa
Source: Public Records

Range of Values:

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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
Gonzalez Rodrigo Bryan -- None Available
Gonzalez Rodrigo Bryan $750,000 None Available
Sabzland Llc -- None Available
Action One Lp $366,500 None Available
Flores Olinda A -- None Available
Flores Olinda A -- Atc
Ruiz Israel $250,000 --
Washington Mutual Bank Fa $163,607 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Rodrigo Bryan $600,000
Previous Owner Ruiz Israel $248,339
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2017 03/31/17 Sold $750,000 +0.1% $237 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $749,500 +0.1% $237 / Sq Ft
01/18/2017 01/18/17 Price Changed $749,000 -5.8% $236 / Sq Ft
11/03/2016 11/03/16 For Sale $795,000 +116.9% $251 / Sq Ft
08/26/2012 08/26/12 Sold $366,500 +14.5% $116 / Sq Ft View Prior Sale
08/04/2012 08/04/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $320,000 -- $101 / 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 $13,683 $870,433 $522,260 $348,173
2024 $13,683 $853,367 $512,020 $341,347
2023 $13,437 $836,635 $501,981 $334,654
2022 $12,909 $820,232 $492,139 $328,093
2021 $12,775 $804,150 $482,490 $321,660
2019 $12,392 $780,300 $468,180 $312,120
2018 $12,230 $765,000 $459,000 $306,000
2016 $6,700 $381,971 $159,154 $222,817
2015 $6,595 $376,235 $156,764 $219,471
2014 $6,582 $368,866 $153,694 $215,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16739841

California Regional Multiple Listing Service (CRMLS)

APN: 6316-027-014