NOT LISTED FOR SALE

5229 Live Oak St Cudahy, CA 90201

Estimated Value: $828,043 - $870,000

4 Beds
3 Baths
1,396 Sq Ft
$608/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $805,000 $577 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,701/month

48 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • Bonus Room
  • Bell High School Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of May 2022

Two separate houses in Cudahy off private road Live Oak St. and walking distance from schools, transportation, shopping, restaurants. The perfect income property or you can live in one and rent the other. Front house is a 2BD/1BA which is gated and private. Back house is a 2BD/2BA with bonus room which can be used as a 3rd bedroom or office space. Units are separately metered for all utilities. Long-term tenants month-to-month occupy front house, back house will be delivered vacant. There is a huge upside with rents currently collected, rents collected are well below market rates.

Last Agent to Sell the Property

Mario Zavala

Century 21 Allstars License #01432869 Listed on: 02/02/2022

Century 21 Allstars

Last Buyer's Agent

Juan Carrera Jr

The Agent and Company License #01507208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,428

Year Built

  • Built in 1949

Lot Details

  • 7,470 Sq Ft Lot
  • Property fronts a private road
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 7 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,396 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Bonus Room

Kitchen

  • Gas Range
  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Ramp on the main level
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 24099
  • Assessor Parcel Number 6226006040
  • $1,317 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $1,200
  • Operating Expense $1,200
  • Gross Income $12,000
  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,428

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 375000
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Zoning: CUR3*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6226006040
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Ramp - Main Level
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 576.65
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: Back Yard, Corner Lot, Front Yard, Lawn, Level with Street, Lot 6500-9999, Level, Near Public Transit, Park Nearby, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 7470.00
  • Lot Size Acres: 0.1715

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Lot Size Area: 7470.0000 Square Feet
  • Net Operating Income: 10800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Census Tract: 5344.06
  • Tax Lot: 1
  • Tax Tract Number: 24099
  • TaxOtherAnnualAssessmentAmount: 1317.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Ml Genesee Holdings Llc
Bought by
Casana Pablo and Casana Paula
Total Days on Market
48
Current Estimated Value
$849,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,876
Outstanding Balance
$811,996
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$37,265

Purchase Details

Closed on
Aug 24, 2015
Sold by
Castro Jose Luis and Castro Guadalupe Maria
Bought by
Castro Family Living Trust

Purchase Details

Closed on
Nov 27, 2013
Sold by
Gonzalez Camerina
Bought by
Gonzalez Camerina and Camerina Gonzalez Living Trust

Purchase Details

Closed on
Jan 10, 2011
Sold by
Gonzalez Manuel and Castro Jose
Bought by
Gonzalez Manuel and Gonzalez Camerina

Purchase Details

Closed on
Oct 6, 1999
Sold by
Castro Jose L and Castro Guadalupe
Bought by
Gonzalez Manuel and Castro Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.77%
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
Casana Pablo $835,000 Provident Title Company
Castro Family Living Trust -- None Available
Gonzalez Camerina -- None Available
Gonzalez Manuel -- None Available
Gonzalez Manuel -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casana Pablo $819,876
Previous Owner Gonzalez Camerina $68,509
Previous Owner Gonzalez Manuel $115,000
Previous Owner Gonzalez Manuel $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $805,000 +7.3% $577 / Sq Ft
03/22/2022 03/22/22 For Sale $750,000 -6.8% $537 / Sq Ft
03/12/2022 03/12/22 Off Market $805,000 -- --
03/12/2022 03/12/22 For Sale $750,000 -6.8% $537 / Sq Ft
03/02/2022 03/02/22 Off Market $805,000 -- --
02/02/2022 02/02/22 For Sale $750,000 -- $537 / 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 $11,428 $837,522 $624,240 $213,282
2023 $11,163 $821,100 $612,000 $209,100
2022 $2,562 $103,919 $48,265 $55,654
2021 $2,507 $101,882 $47,319 $54,563
2020 $2,510 $100,838 $46,834 $54,004
2019 $2,426 $98,862 $45,916 $52,946
2018 $2,276 $96,924 $45,016 $51,908
2016 $2,166 $93,163 $43,269 $49,894
2015 $2,131 $91,765 $42,620 $49,145
2014 $2,131 $89,969 $41,786 $48,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22020922

California Regional Multiple Listing Service (CRMLS)

APN: 6226-006-040