NOT LISTED FOR SALE

5103 Clara St Cudahy, CA 90201

Estimated Value: $1,294,000 - $1,527,000

9 Beds
5 Baths
4,167 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $945,000 $227 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,138/month

35 Days on Market

Highlights

  • 20,186 Sq Ft lot
  • Laundry Room
  • Level Lot
  • Bell High School Rated A-
  • Bungalow
  • Back and Front Yard

About This Home

As of June 2018

Four buildings, each with private yard. Unit mix includes one 3 bedroom / 2 bath and three 2 bedroom / 1 bath. Tremendous investment opportunity. The long driveway and large lot adds privacy to the units. No rent control area. Close to transportation, shopping and schools.

Last Agent to Sell the Property

Greg Bingham

Coldwell Banker Realty License #01309137 Listed on: 04/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,307

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 4,167 Sq Ft Home
  • Bungalow
  • Shingle Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 359
  • Tax Tract Number 180
  • Assessor Parcel Number 6226019012

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,200
  • Trash Expense $1,200
  • Water Sewer Expense $3,800
  • New Taxes Expense $11,000
  • Operating Expense $18,200
  • Gross Income $68,400
  • Net Operating Income $63,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,307

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Water Sewer Expenses: 3800.00
  • Zoning: CUR3*
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6226019012
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 226.78

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20186.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 925 Square Feet
  • Average3 Bed Area: 1392 Square Feet
  • Gross Income: 68400.00
  • Gross Multiplier: 13.50
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 2200.00
  • Net Operating Income: 63000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5400.00
  • Rent Control: No
  • Total Expenses: 18200.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Census Tract: 5344.06
  • Tax Lot: 359
  • Tax Tract Number: 180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 8, 2018
Sold by
Serrano Juan F and Serrano Robert
Bought by
Kolahi Javad
Seller's Agent
Greg Bingham
Coldwell Banker Realty
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$925,000
Sold Price
$945,000
Premium/Discount to List
$20,000
2.16%
Total Days on Market
35
Current Estimated Value
$1,405,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,844
Avg. Annual Appreciation
5.91%
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Kolahi Javad $940,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolahi Javad $350,000
Closed Kolahi Javad $394,000
Closed Kolahi Javad $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $945,000 +2.2% $227 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $925,000 -- $222 / 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 $15,307 $1,048,582 $624,688 $423,894
2023 $15,010 $1,028,023 $612,440 $415,583
2022 $14,303 $1,007,867 $600,432 $407,435
2021 $14,087 $988,106 $588,659 $399,447
2020 $14,180 $977,976 $582,624 $395,352
2019 $13,624 $958,800 $571,200 $387,600
2018 $8,598 $540,262 $282,228 $258,034
2016 $8,191 $519,285 $271,270 $248,015
2015 $8,057 $511,486 $267,196 $244,290
2014 $8,056 $501,467 $261,962 $239,505
Source: Public Records

Agents Affiliated with this Home

  • Greg Bingham

    Seller's Agent in 2018

    Greg Bingham

    Coldwell Banker Realty

    (949) 644-1600

    28 Total Sales

    Greg Bingham
    Section Image
  • Tim Smith

    Buyer's Agent in 2018

    Tim Smith

    Coldwell Banker Realty

    (949) 717-4711

    716 Total Sales

    Tim Smith
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18073842

California Regional Multiple Listing Service (CRMLS)

APN: 6226-019-012

California Los Angeles County Cudahy 90201

5103 Clara St, Cudahy, CA

This home is located at 5103 Clara St, Cudahy, CA 90201 since 02 April 2018 and is currently estimated at $1,405,844, approximately $337 per square foot. This property was built in 1953. 5103 Clara St is a home located in Los Angeles County with nearby schools including Bell High School, Maywood Academy High School, and Legacy High School Complex.

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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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