NOT LISTED FOR SALE

5048 Passons Blvd Pico Rivera, CA 90660

Estimated Value: $1,064,000 - $1,379,000

7 Beds
4 Baths
3,399 Sq Ft
$357/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $736,000 $217 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,855/month

20 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Front Yard

About This Home

As of September 2016

Rare 3 Unit Apartment Building in Pico Rivera...Literally steps away from shopping and schools. Highly desirable property in highly desirable locale. The owners unit has a fireplace, great floorplan, air conditioning, private patio and its' own 2 car garage.

Last Agent to Sell the Property

Wilson Ruiz

Gallant Realty, Inc. License #01113463 Listed on: 07/07/2016

Last Buyer's Agent

David Jervis

Century 21 Jervis & Associates License #00909394

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,483

Year Built

  • Built in 1965

Lot Details

  • 8,005 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 3,399 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5009
  • Assessor Parcel Number 6376001050

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,150
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,483

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6376001050
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 216.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8005.00
  • Price Per Lot Square Foot: 87.32

Multi Family

  • Gross Income: 4150.00
  • Gross Scheduled Income: 49800.00
  • Net Operating Income: 41000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 5009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Pelayo Victor and Pelayo Cristina
Bought by
Pelayo Family Trust and Pelayo
Total Days on Market
20
Current Estimated Value
$1,213,979

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 29, 2016
Sold by
The Mildred H Morrill Trust
Bought by
Pelayo Victor and Pelayo Cristina
Seller's Agent
Wilson Ruiz
Gallant Realty, Inc.
Buyer's Agent
David Jervis
Century 21 Jervis & Associates
List Price
$699,000
Sold Price
$736,000
Premium/Discount to List
$37,000
5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$552,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2000
Sold by
Morrill Mildred H
Bought by
Morrill Mildred H and Mildred H Morrill Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,200
Interest Rate
8.01%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Morrill Mildred H
Bought by
Morrill Mildred H and The Mildred H Morrill Trust
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
Pelayo Family Trust -- None Listed On Document
Pelayo Victor $736,000 Old Republic Title Company
Morrill Mildred H -- Orange Coast Title
Morrill Mildred H -- Orange Coast Title
Morrill Mildred H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelayo Victor $552,000
Previous Owner Morrill Mildred H $210,000
Previous Owner Morrill Mildred H $172,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $736,000 +5.3% $217 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $699,000 -- $206 / 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
2024 $12,483 $837,436 $512,020 $325,416
2023 $12,137 $821,017 $501,981 $319,036
2022 $11,594 $804,920 $492,139 $312,781
2021 $11,272 $789,139 $482,490 $306,649
2019 $11,200 $765,734 $468,180 $297,554
2018 $10,618 $750,720 $459,000 $291,720
2016 $2,668 $107,862 $32,912 $74,950
2015 $2,638 $106,243 $32,418 $73,825
2014 $2,633 $104,162 $31,783 $72,379
Source: Public Records

Agents Affiliated with this Home

  • Wilson Ruiz

    Seller's Agent in 2016

    Wilson Ruiz

    Gallant Realty, Inc.

    (562) 945-6700

    1 in this area

    74 Total Sales

    Wilson Ruiz
    Section Image
  • David Jervis

    Buyer's Agent in 2016

    David Jervis

    Century 21 Jervis & Associates

    (562) 754-6009

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16146889

California Regional Multiple Listing Service (CRMLS)

APN: 6376-001-050

California Los Angeles County Pico Rivera 90660

5048 Passons Blvd, Pico Rivera, CA

This home is located at 5048 Passons Blvd, Pico Rivera, CA 90660 since 07 July 2016 and is currently estimated at $1,213,979, approximately $357 per square foot. This property was built in 1965. 5048 Passons Blvd is a home located in Los Angeles County with nearby schools including South Ranchito Dual Language Academy, North Park Middle School, and Ruben Salazar Continuation School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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