NOT LISTED FOR SALE

4824 E 61st St Maywood, CA 90270

4 Beds
5 Baths
2,388 Sq Ft
4,273 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $1,125,000 $471 Per Sq Ft

11 Days on Market

About This Home

As of July 2022

Perfect Add to Your Real Estate Portfolio! 5 units located in the heart of Maywood. Unit mix consists of Four-1 bedroom 1 bath and One-Studio. Interiors have been updated. There are three garages attached to the building. The building is operating consistently with great potential for improvement.. Close escrow and start cash flowing now!

Last Agent to Sell the Property

Yehia Zakaria

Century 21 Jervis & Associates License #01943432 Listed on: 05/05/2022

Century 21 Jervis & Associates

Co-Listed By

Lisa Baum

Seven Gables Real Estate License #01080661

Last Buyer's Agent

Jesse Rubalcava

J. Rubalcava & Associates License #01215036

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,273 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,388 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 1891
  • Tax Tract Number 4384
  • Assessor Parcel Number 6316013024
  • $1,492 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $30,489
  • Gross Income $76,224
  • Net Operating Income $45,734

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: MYR3YY
  • Property Type: Residential Income
  • Parcel Number: 6316013024
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 471.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4273.00
  • Lot Size Acres: 0.0981

Multi Family

  • Gross Income: 76224.00
  • Gross Scheduled Income: 76224.00
  • Lot Size Area: 4273.0000 Square Feet
  • Net Operating Income: 45734.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 30489.00
  • Rent Control: No
  • Total Actual Rent: 6352.00
  • Total Expenses: 30489.00

Tax Info

  • Tax Census Tract: 5337.03
  • Tax Lot: 1891
  • Tax Tract Number: 4384
  • TaxOtherAnnualAssessmentAmount: 1492.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $1,125,000 +7.1% $471 / Sq Ft
05/05/2022 05/05/22 For Sale $1,050,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,513 $1,170,450 $520,200 $650,250
2024 $16,513 $1,147,500 $510,000 $637,500
2023 $16,229 $1,125,000 $500,000 $625,000
2022 $4,876 $267,920 $91,233 $176,687
2021 $4,809 $262,668 $89,445 $173,223
2019 $4,678 $255,379 $86,793 $168,586
2018 $4,564 $250,383 $85,092 $165,291
2016 $4,253 $240,182 $81,789 $158,393
2015 $4,046 $236,575 $80,561 $156,014
2014 $4,060 $231,941 $78,983 $152,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22093960

California Regional Multiple Listing Service (CRMLS)