Seller's Agent in 2021
Jovani Pina
Keller Williams Pacific Estates
(562) 457-9490
1 in this area
72 Total Sales
Estimated Value: $810,000 - $940,000
4
Beds
3
Baths
1,651
Sq Ft
$538/Sq Ft
Est. Value
Highlights
- Laundry Room
- Tile Flooring
- Wall Furnace
About This Home
As of December 2021Excellent opportunity for income seeking investors. Great investment property, move in one unit and rent the other two units to pay for the mortgage! Unit mix consists of one (1) 2 bedroom/1 bath front house which has a separate water meter from the two (2) 1 bedroom/1 bath units in the back of the property! All single story, separately metered for gas and electricity, occupied by long term tenants on month to month leases which offers immediate upside in rental income. The property is nestled in the best residential neighborhood in Bell, between Florence/Wilcox intersection and Florence/Atlantic intersection. Complete termite clearance along with repairs completed this year in 2021. There is ample parking for each unit. 1st residential unit: 1 bedroom, 1 bathroom with rents below market. (approx. 651 square feet) 2nd residential unit: 1 bedroom, 1 bathrooms, also rent below market (approx. 500 square feet) 3rd Residential unit: 1 bedroom , 1 bathrooms, also rent below market (approx. 500 square feet). Definitely a money making opportunity. The property is 100% tenant occupied. DO NOT DISTURB TENANTS, drive by only and submit offer subject to interior inspection. Se habla Español.
Last Agent to Sell the Property
Keller Williams Pacific Estates License #01959832 Listed on: 10/04/2021
Last Buyer's Agent
Keller Williams Pacific Estates License #01959832 Listed on: 10/04/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 6,010 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- 1,651 Sq Ft Home
- Property Attached
- Shingle Roof
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Carport Spaces
- Parking Available
- Driveway
Location
- Urban Location
Utilities
- Wall Furnace
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 13
- Tax Tract Number 10412
- Assessor Parcel Number 6326018015
- $882 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $480
- Insurance Expense $650
- Trash Expense $480
- Water Sewer Expense $1,200
- Operating Expense $2,810
- Gross Income $38,400
- Net Operating Income $35,590
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2005
Sold by
Garcia Yolanda and Garica Yolanda
Bought by
Garcia Yolanda and Yolanda Garcia Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Sep 24, 2005
Sold by
Lopez Camilo E and Lopez Yolanda A
Bought by
Lopez Camilo E and Lopez Yolanda A
Purchase Details
Closed on
Sep 8, 1995
Sold by
Garcia Yolanda
Bought by
Lopez Camilo E and Garcia Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Yolanda | -- | -- | |
| Garcia Yolanda | -- | -- | |
| Lopez Camilo E | -- | -- | |
| Lopez Camilo E | -- | American Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lopez Camilo E | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2021 12/03/21 | Sold | $722,500 | +4.0% | $438 / Sq Ft |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 10/04/2021 10/04/21 | For Sale | $695,000 | -- | $421 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,914 | $766,722 | $424,483 | $342,239 |
| 2024 | $11,914 | $751,689 | $416,160 | $335,529 |
| 2023 | $11,698 | $736,950 | $408,000 | $328,950 |
| 2022 | $11,235 | $722,500 | $400,000 | $322,500 |
| 2021 | $4,928 | $279,537 | $97,380 | $182,157 |
| 2020 | $4,946 | $276,672 | $96,382 | $180,290 |
| 2019 | $4,786 | $271,248 | $94,493 | $176,755 |
| 2018 | $4,668 | $265,931 | $92,641 | $173,290 |
| 2016 | $4,578 | $255,607 | $89,045 | $166,562 |
| 2015 | $4,507 | $251,769 | $87,708 | $164,061 |
| 2014 | $4,500 | $246,838 | $85,990 | $160,848 |
Source: Public Records
Agents Affiliated with this Home
-
Jovani Pina
-
Andrew Munoz
Seller Co-Listing Agent in 2021
Andrew Munoz
Keller Williams Pacific Estate
(562) 261-0900
1 in this area
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21220604
APN: 6326-018-015
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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