NOT LISTED FOR SALE

5318 Everett Ave Maywood, CA 90270

Estimated Value: $856,000 - $974,000

4 Beds
3 Baths
1,708 Sq Ft
$520/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $815,000 $477 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,647/month

87 Days on Market

Highlights

  • Laundry Room
  • Back Yard
  • 4-minute walk to Pixley Park

About This Home

As of March 2022

FANTASTIC 3 UNIT INVESTMENT OPPORTUNITY IN THE CITY OF MAYWOOD. THIS GREAT LOCATION RENTAL PROPERTY CONSIST OF TWO (2) BEDROOM AND (1) BATH UNITS UPSTAIRS AND A SINGLE UNIT DOWNSTAIRS. THE (2) BEDROOM UNITS EACH HAVE (1) CAR GARAGES AND THE SINGLE UNIT HAS A (2) CAR GARAGE. THERE IS AMPLE PARKING. THE (2) BEDROOM UNITS AND THE SINGLE UNIT HAVE AN ADDITIONAL PARKING SPOT IN FRONT OF THEIR GARAGES AND ADDITIONAL PARKING ON THE SOUTH SIDE OF THE PROPERTY. THE TENANTS ENJOY THE LUXURY OF A BIG BACKYARD AND BBQ AREA. THERE IS A STORAGE/ LAUNDRY ROOM AT THE REAR OF THE PROPERTY THAT CAN BE USED TO GENERATE ADDITIONAL INCOME OR THE POTENTIAL OF BUILDING AN ACCESSORY DWELLING UNIT (ADU) MAKING THE PROPERTY A (4) UNIT PROPERTY MAXIMIZING CASH FLOW. PROPERTY OFFERS SO MUCH POTENTIAL. PERFECT FOR BUYER LOOKING TO LIVE IN ONE THE UNITS AND HAVE TENANTS PAY THEIR MORTGAGE OR A 1031 EXCHANGE NVESTOR LOOKING TO TAKE ADVANTAGE OF THE LIMITED SUPPLY OF MULTI-FAMILY INVESTMENT PROPERTIES.

Last Agent to Sell the Property

David Gomez

Realty Executives Com. & Res. License #01805497 Listed on: 08/24/2021

Realty Executives Com. & Res.

Co-Listed By

Gil Legaspi

Realty Executives Com. & Res. License #01265976

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,975 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Interior Spaces

  • 1,708 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1210
  • Tax Tract Number 3607
  • Assessor Parcel Number 6311014030
  • $2,053 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $180
  • Fuel Expense $200
  • Insurance Expense $800
  • Trash Expense $1,800
  • Water Sewer Expense $1,080
  • New Taxes Expense $11,475
  • Operating Expense $15,535
  • Gross Income $51,348
  • Net Operating Income $35,813

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Zoning: MYR3*
  • Property Type: Residential Income
  • Parcel Number: 6311014030
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 477.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6975.00
  • Lot Size Acres: 0.1601

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 180.00
  • Fuel Expense: 200.00
  • Gross Income: 51348.00
  • Gross Scheduled Income: 51348.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6975.0000 Square Feet
  • Net Operating Income: 35813.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 15535.00
  • Rent Control: Yes
  • Total Actual Rent: 4279.00
  • Total Expenses: 15535.00

Tax Info

  • New Taxes Expense: 11475.00
  • Tax Census Tract: 5334.01
  • Tax Lot: 1210
  • Tax Tract Number: 3607
  • TaxOtherAnnualAssessmentAmount: 2053.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Mar 25, 2022
Sold by
Antonio Arturo A
Bought by
Decofijv Limited-Liability Company
Seller's Agent
David Gomez
Realty Executives Com. & Res.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Current Estimated Value
$888,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,107
Avg. Annual Appreciation
2.29%
Original Mortgage
$652,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2021
Closed on
Jan 27, 2022
Sold by
Alcala Shawna L
Bought by
Antonio Arturo Alcala
Seller's Agent
David Gomez
Realty Executives Com. & Res.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2021
Closed on
Jan 26, 2022
Sold by
Jose Dela Cruz
Bought by
Antonio Arturo Alcala
Seller's Agent
David Gomez
Realty Executives Com. & Res.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2019
Sold by
Conchas Juan and Conchas Denise
Bought by
Cruz Jose De La and Cruz Diego De La

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.6%

Purchase Details

Listed on
Jul 19, 2016
Closed on
Sep 27, 2016
Sold by
Estopin Abel A
Bought by
Conchas Juan and Conchas Denise
Seller's Agent
Guillermo Urias
Keller Williams Pacific Estates La Mirada
Buyer's Agent
Jerry Morales
eXp Realty of California Inc
List Price
$520,000
Sold Price
$515,000
Premium/Discount to List
-$5,000
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$360,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Estopin Patricia
Bought by
Estopin Abel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Linke Wayne I and The Wayne Il Linke 1995 Trust
Bought by
Estopin Abel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.05%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Decofijv Limited-Liability Company -- Accommodation/Courtesy Recordi
Antonio Arturo Alcala -- Chicago Title
Antonio Arturo Alcala $815,000 Chicago Title
Cruz Jose De La $635,000 Stewart Title Co
Conchas Juan $515,000 Provident Title Company
Estopin Abel A -- Chicago Title Co
Estopin Abel A $70,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antonio Arturo Alcala $652,000
Previous Owner Cruz Jose De La $365,000
Previous Owner Conchas Juan $360,500
Previous Owner Estopin Abel A $294,000
Previous Owner Estopin Abel A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $815,000 -3.0% $477 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/19/2021 11/19/21 Price Changed $839,888 -1.2% $492 / Sq Ft
08/24/2021 08/24/21 For Sale $850,000 +33.9% $498 / Sq Ft
09/20/2019 09/20/19 Sold $635,000 0.0% $372 / Sq Ft View Prior Sale
05/28/2019 05/28/19 Off Market $635,000 -- --
05/15/2019 05/15/19 For Sale $635,000 +23.3% $372 / Sq Ft
10/28/2016 10/28/16 Sold $515,000 -1.0% $409 / Sq Ft View Prior Sale
09/23/2016 09/23/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $520,000 -- $413 / 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 $11,931 $864,884 $711,009 $153,875
2024 $11,931 $847,926 $697,068 $150,858
2023 $11,722 $831,300 $683,400 $147,900
2022 $9,654 $668,904 $384,349 $284,555
2021 $9,362 $641,578 $353,626 $287,952
2020 $10,204 $635,000 $350,000 $285,000
2019 $7,990 $535,806 $312,120 $223,686
2018 $7,822 $525,300 $306,000 $219,300
2016 $3,443 $232,445 $128,458 $103,987
2015 $3,251 $228,955 $126,529 $102,426
2014 $3,255 $224,471 $124,051 $100,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21187269

California Regional Multiple Listing Service (CRMLS)

APN: 6311-014-030