NOT LISTED FOR SALE

5230 Gage Ave Bell Gardens, CA 90201

Estimated Value: $569,000 - $972,000

4 Beds
4 Baths
2,210 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $540,000 $244 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,081/month

31 Days on Market

About This Home

As of April 2016

Nice units consisting of (1) 2 bedroom 1 bath, (2) 1 bedroom 1 bath and (1) studio unit. Title shows this property as 3 units, but its currently being used as a 4 unit property. It's well maintained, but could use some improvement. The property is situated in a nice area of Bell, within walking distance to Veterans' Memorial Park.

Last Agent to Sell the Property

Gilbert Navarro

Keller Williams SELA License #01301415 Listed on: 02/09/2016

Keller Williams SELA

Last Buyer's Agent

Gilbert Navarro

Keller Williams SELA License #01301415 Listed on: 02/09/2016

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,361

Year Built

  • Built in 1948

Lot Details

  • 5,942 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,210 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 5338
  • Assessor Parcel Number 6327030002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $1,548
  • Water Sewer Expense $4,560
  • New Taxes Expense $7,187
  • Gross Income $4,000
  • Net Operating Income $33,605

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,361

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 4560.00
  • Property Type: Residential Income
  • Parcel Number: 6327030002
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 244.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 1548.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5942.00
  • Price Per Lot Square Foot: 90.88
  • Lot Size Acres: 0.1360

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5942.0000 Square Feet
  • Net Operating Income: 33605.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 3
  • Operating Expense: 14395.00
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • New Taxes Expense: 7187.00
  • Tax Lot: 2
  • Tax Tract Number: 5338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Hassan Hassan A A and Hassan Ikbal A
Bought by
Bell Islamic Center Inc
Current Estimated Value
$758,682

Purchase Details

Listed on
Feb 9, 2016
Closed on
Apr 12, 2016
Sold by
Deleon Mayra
Bought by
Reyes Jose M
Seller's Agent
Gilbert Navarro
Keller Williams SELA
Buyer's Agent
Gilbert Navarro
Keller Williams SELA
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 16, 2016
Sold by
Reyes Jose M
Bought by
Hassan Hassan A A and Hassan Ikbal A
Seller's Agent
Gilbert Navarro
Keller Williams SELA
Buyer's Agent
Gilbert Navarro
Keller Williams SELA
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Purchase Details

Closed on
Sep 6, 2014
Sold by
Cano Emma M
Bought by
Reyes Jose M

Purchase Details

Closed on
Aug 1, 2007
Sold by
Cano Jose
Bought by
Cano Emma M

Purchase Details

Closed on
Nov 19, 1991
Sold by
Cano Jose and Cano Elida P
Bought by
Cano Jose
Source: Public Records

Range of Values:

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Average Value
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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
Bell Islamic Center Inc $565,000 Chicago Title
Reyes Jose M -- Fidelity National Title
Hassan Hassan A A $540,000 Fidelity National Title
Reyes Jose M -- None Available
Cano Emma M -- None Available
Cano Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cano Jose $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $540,000 -6.1% $244 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $575,000 -- $260 / 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
2025 $11,361 $723,078 $624,240 $98,838
2024 $11,361 $708,900 $612,000 $96,900
2023 $11,157 $695,000 $600,000 $95,000
2022 $10,206 $602,375 $223,101 $379,274
2021 $10,222 $590,565 $218,727 $371,838
2019 $9,785 $573,291 $212,241 $361,050
2018 $9,860 $562,056 $208,080 $353,976
2016 $7,577 $452,801 $295,742 $157,059
2015 $7,458 $446,000 $291,300 $154,700
2014 $6,832 $404,905 $177,422 $227,483
Source: Public Records

Agents Affiliated with this Home

  • Gilbert Navarro

    Seller's Agent in 2016

    Gilbert Navarro

    Keller Williams SELA

    (323) 353-4788

    55 Total Sales

    Gilbert Navarro
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16027969

California Regional Multiple Listing Service (CRMLS)

APN: 6327-030-002

California Los Angeles County Bell Gardens 90201

5230 Gage Ave, Bell Gardens, CA

This home is located at 5230 Gage Ave, Bell Gardens, CA 90201 since 09 February 2016 and is currently estimated at $758,682, approximately $343 per square foot. This property was built in 1948. 5230 Gage Ave is a home located in Los Angeles County with nearby schools including Woodlawn Avenue Elementary School, Orchard Academies 2b School, and Bell High 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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