NOT LISTED FOR SALE

5822 Priory St Bell Gardens, CA 90201

Estimated Value: $1,058,000 - $1,156,848

8 Beds
4 Baths
2,715 Sq Ft
$410/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $965,000 $355 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,295/month

53 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Fenced
  • Laundry Room
  • Accessible Parking
  • Level Lot

About This Home

As of July 2021

Calling all LARGE FAMILIES & INVESTORS. This is a unique opportunity to own 4 separate houses on a large lot in an excellent location. Property is in close proximity to the Bell Gardens casino, the 710 freeway, and many major arteries of transportation and shopping centers. All 4 units have their
own separate electric and gas meters. Buyers and buyers agent's to do their own due diligence with all necessary parties.

Last Agent to Sell the Property

JOSE DEL RIO

HACIENDA PROPERTIES License #00672876 Listed on: 03/30/2021

Co-Listed By

PRISCILLA DEL RIO

DEL RIO REALTY GROUP License #01904744

Last Buyer's Agent

PRISCILLA DEL RIO

DEL RIO REALTY GROUP License #01904744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,707

Year Built

  • Built in 1934

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Fenced
  • Fence is in fair condition
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Bungalow
  • Composition Roof

Interior Spaces

  • 2,715 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 5341
  • Assessor Parcel Number 6227014012

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,400
  • Water Sewer Expense $3,360
  • New Taxes Expense $8,107
  • Operating Expense $13,867
  • Gross Income $52,260
  • Net Operating Income $38,393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,707

Year Built

Built in 1934

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 3360.00
  • Zoning: BGR3*
  • Architectural Style: Bungalow
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6227014012
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 355.43
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 11552.00
  • Lot Size Acres: 0.2652

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 52260.00
  • Gross Scheduled Income: 52260.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 11552.0000 Square Feet
  • Net Operating Income: 38393.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13867.00
  • Rent Control: No
  • Total Actual Rent: 52260.00
  • Total Expenses: 13867.00

Tax Info

  • New Taxes Expense: 8107.00
  • Tax Census Tract: 5341.02
  • Tax Lot: 12
  • Tax Tract Number: 5341.0
  • Tax Annual Amount: 8707.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 18, 2021
Sold by
Ramirez Francisco and Ramirez Ruth
Bought by
Leung Xia Lia Julia
Seller's Agent
JOSE DEL RIO
HACIENDA PROPERTIES
Buyer's Agent
PRISCILLA DEL RIO
DEL RIO REALTY GROUP
List Price
$1,295,000
Sold Price
$965,000
Premium/Discount to List
-$330,000
-25.48%
Total Days on Market
53
Current Estimated Value
$1,113,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,712
Avg. Annual Appreciation
3.57%
Original Mortgage
$723,750
Outstanding Balance
$658,113
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$458,058
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
Leung Xia Lia Julia $965,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Xia Lin Julia $191,100
Open Leung Xia Lia Julia $723,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $965,000 -3.0% $355 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $995,000 -16.7% $366 / Sq Ft
04/19/2021 04/19/21 Price Changed $1,195,000 -7.7% $440 / Sq Ft
03/30/2021 03/30/21 For Sale $1,295,000 -- $477 / 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 $14,861 $1,024,065 $615,500 $408,565
2024 $14,861 $1,003,986 $603,432 $400,554
2023 $14,811 $984,300 $591,600 $392,700
2022 $14,205 $965,000 $580,000 $385,000
2021 $8,788 $532,298 $352,779 $179,519
2020 $8,707 $526,841 $349,162 $177,679
2019 $8,431 $516,512 $342,316 $174,196
2018 $8,382 $506,385 $335,604 $170,781
2016 $7,974 $486,723 $322,573 $164,150
2015 $7,398 $479,413 $317,728 $161,685
2014 $7,189 $470,023 $311,505 $158,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21065584

California Regional Multiple Listing Service (CRMLS)

APN: 6227-014-012