NOT LISTED FOR SALE

5830 Ludell St Bell Gardens, CA 90201

Estimated Value: $995,000 - $1,196,000

2 Beds
1 Bath
2,616 Sq Ft
$422/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $750,000 $287 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,966/month

48 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2019

Three 2 bedroom one bathroom units in The City of Bell Gardens. This area is comprised mostly of single-family homes and small apartment's properties. Due to the proximity of schools, parks, and freeways this area is one of the most desirable and wanted rental areas in the city by both tenants and landlords. The area has very low tenant turnover and easy to rent due to the stability of the area and the higher quality tenant profile. The property offers great unit mix . Each unit is separately metered for gas,& electricity. 100% occupied. PRICE TO SELL FAST. All fully occupied. Great Return on rents for investment purposes. 3 units with large lot plenty of parking for all the tenants and owners.

Last Agent to Sell the Property

Cynthia Rodriguez

CITY LIGHTS REALTY License #01328324 Listed on: 01/18/2019

Last Buyer's Agent

Cynthia Rodriguez

CITY LIGHTS REALTY License #01328324 Listed on: 01/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,049

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • No Common Walls

Parking

  • 6 Car Garage

Interior Spaces

  • 2,616 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 11453
  • Assessor Parcel Number 6328016042

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,100
  • Trash Expense $500
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,813
  • Operating Expense $14,313
  • Gross Income $43,200
  • Net Operating Income $44,102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,049

Year Built

Built in 1956

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: BGR3PD*
  • Property Type: Residential Income
  • Parcel Number: 6328016042
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 286.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11705.00
  • Lot Size Acres: 0.2687

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 875 Square Feet
  • Electric Expense: 500.00
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 11705.0000 Square Feet
  • Net Operating Income: 44102.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2698.00
  • Rent Control: No
  • Total Expenses: 14313.00

Tax Info

  • New Taxes Expense: 9813.00
  • Tax Census Tract: 5341.02
  • Tax Lot: 6
  • Tax Tract Number: 11453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Doshi Pallavi Mahesh and Doshi Nishma
Bought by
Blue Sky Trust and Golden State Trust
Current Estimated Value
$1,102,828

Purchase Details

Closed on
Mar 17, 2021
Sold by
Doshi Nishma and Doshi Pallavi Mahesh
Bought by
Doshi Pallavi Mahesh and Doshi Nishma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2019
Closed on
May 8, 2019
Sold by
Doshi Nishma
Bought by
Doshi Nishma and Doshi Nishma
Seller's Agent
Cynthia Rodriguez
CITY LIGHTS REALTY
Buyer's Agent
Cynthia Rodriguez
CITY LIGHTS REALTY
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$480,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 27, 2019
Sold by
Arias Jose Luis
Bought by
Doshi Nishma
Seller's Agent
Cynthia Rodriguez
CITY LIGHTS REALTY
Buyer's Agent
Cynthia Rodriguez
CITY LIGHTS REALTY
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jul 9, 2012
Sold by
Federal National Mortgage Association
Bought by
Arias Jose Luis
Seller's Agent
Michael Gibson
Vantus California Realty, Inc.
Buyer's Agent
Leanne Mulich
Century 21-Elkhorn Realty
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$411,099
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2010
Sold by
Duran Hector
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 9, 2007
Sold by
Duran Maria
Bought by
Duran Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2007
Sold by
Segura Jovany and The Jovany Segura Revocable Li
Bought by
Duran Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 2006
Sold by
Segura Jovany
Bought by
Segura Jovany and The Jovany Segura Revocable Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2004
Sold by
Segura Noe and Segura Josefina
Bought by
Segura Jovany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2002
Sold by
Segura Noe and Segura Josefina
Bought by
Segura Noe and Segura Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,900
Interest Rate
5.89%

Purchase Details

Closed on
Jan 3, 2001
Sold by
Segura Noe
Bought by
Segura Noe and Segura Josefina

Purchase Details

Closed on
Mar 14, 1997
Sold by
Valdovinos Wendy Segura and Valdovinos Paramount
Bought by
Segura Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,962
Interest Rate
7.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 13, 1997
Sold by
Segura Noe and Segura Josefina
Bought by
Segura Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,962
Interest Rate
7.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 12, 1996
Sold by
Segura Noe and Segura Josefina
Bought by
Segura Noe and Valdovinos Wendy Segura

Purchase Details

Closed on
May 4, 1994
Sold by
Segura Noe
Bought by
Segura Noe and Segura Josefina

Purchase Details

Closed on
Jan 21, 1994
Sold by
Segura Noe and Segura Josefina
Bought by
Segura Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

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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
Blue Sky Trust -- None Listed On Document
Doshi Pallavi Mahesh -- American Coast Title
Doshi Nishma -- None Available
Doshi Nishma $750,000 Wfg Title
Arias Jose Luis $385,000 Service Link
Federal National Mortgage Association $723,346 Landsafe Title
Duran Hector -- Commonwealth Land Title
Duran Hector $800,000 Commonwealth Land Title
Segura Jovany -- None Available
Segura Jovany -- --
Segura Noe -- Southland Title Company
Segura Noe -- --
Segura Noe -- Fidelity Title
Segura Noe -- Fidelity Title
Segura Noe -- First American Title Co
Segura Noe -- First American Title Co
Valdovinos Wendy Segura -- First American Title Co
Segura Noe -- --
Segura Noe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doshi Pallavi Mahesh $480,500
Previous Owner Doshi Nishma $480,000
Previous Owner Arias Jose Luis $520,000
Previous Owner Arias Jose Luis $476,250
Previous Owner Arias Jose Luis $411,099
Previous Owner Duran Hector $80,000
Previous Owner Duran Hector $640,000
Previous Owner Duran Hector $80,000
Previous Owner Segura Jovany $380,000
Previous Owner Segura Jovany $325,000
Previous Owner Segura Jovany $280,000
Previous Owner Segura Noe $204,900
Previous Owner Segura Noe $192,700
Previous Owner Segura Noe $15,962
Previous Owner Segura Noe $15,962
Previous Owner Segura Noe $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $750,000 -4.5% $287 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $785,000 +103.9% $300 / Sq Ft
07/13/2012 07/13/12 Sold $385,000 -3.7% $222 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $399,900 -- $230 / 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 $12,049 $836,635 $501,981 $334,654
2024 $12,049 $820,232 $492,139 $328,093
2023 $12,014 $804,150 $482,490 $321,660
2022 $11,529 $788,383 $473,030 $315,353
2021 $10,964 $772,925 $463,755 $309,170
2020 $10,871 $765,000 $459,000 $306,000
2019 $6,788 $424,999 $220,780 $204,219
2018 $6,717 $416,666 $216,451 $200,215
2016 $6,382 $400,489 $208,047 $192,442
2015 $5,927 $394,474 $204,922 $189,552
2014 $5,765 $386,747 $200,908 $185,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19014144

California Regional Multiple Listing Service (CRMLS)

APN: 6328-016-042