NOT LISTED FOR SALE

5878 Lanto St Bell, CA 90201

Estimated Value: $912,000 - $1,072,000

6 Beds
4 Baths
2,460 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $720,000 $293 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,081/month

9 Days on Market

Highlights

  • Gated Parking
  • Corner Lot
  • Covered Patio or Porch
  • Bonus Room
  • Granite Countertops
  • 4 Car Direct Access Garage

About This Home

As of November 2020

5878 Lanto is a highly desirable, corner lot duplex located in the city of Bell Gardens. Centrally located to city amenities and the Bell Gardens High School. Property has a total building size of 2,460 +/- square feet situated 7,232 +/- square feet of land. Front house is comprised of 2Beds and 1Bath with full kitchen and outdoor patio. The rear house boasts 5Beds and 2Baths, new counter tops and cabinets with two sets of washer and dryer hookups. The new owner will be able to capitalize on the 1 vacant rear unit to either rent out or easily move in. Rear unit also offers a bonus kitchen plus living room with a separated wall, making it an ideal space for another family. Each house has their own 2-car garage with gated on-site parking. PLEASE DO NOT DISTURB TENANTS. PLEASE READ PRIVATE REMARKS CAREFULLY.

Last Agent to Sell the Property

Eon Lew

District Realty Group License #01730294 Listed on: 10/20/2020

Last Buyer's Agent

Eon Lew

District Realty Group License #01730294 Listed on: 10/20/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,232 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Gated Home
  • Corner Lot

Parking

  • 4 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Shared Driveway
  • Gated Parking
  • Guest Parking

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Common Roof

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bonus Room
  • Ceramic Tile Flooring
  • Window Bars
  • Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6330-012-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2460
  • Lot Acreage: 0.1660
  • Lot Dimensions: 50x140
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Flooring: Ceramic Tile
  • Bedrooms: 6
  • Bedroom Features: Main Floor Bedroom
  • Kitchen Features: Counter Top, Granite Counters
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dishwasher, Gas Dryer Hookup
  • Price Per S Q F T: 290.65

Exterior Features

  • Other Structures: Shed(s)
  • Number Patio: 2
  • Patio: Covered Porch
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Garage Structures: 2
  • Parking Garage: Shared Driveway, Parking Space, Parking for Guests - Onsite, Gated, Garage Is Attached, Garage - 4+ Car, Driveway - Concrete, Direct Entrance
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan
  • Heating: Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Security: Window Bars, Gated

Lot Info

  • Assessed Improvement Percent: 77.67
  • Assessed Improvement Value: 236460
  • Assessed Land Percent: 22.33
  • Assessed Land Value: 67999
  • Total Assessed Value: 304459
  • Assessor Parcel Number: 6330-012-035
  • Lot Description: 2-4 Lots
  • Lot Location: Corner Lot
  • Lot Size Area: 7232

Rental Info

  • Number Leased: 1
  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 24, 2020
Sold by
Torres Steven
Bought by
Gimenez Palazon Antonio
Seller's Agent
Eon Lew
District Realty Group
Buyer's Agent
Eon Lew
District Realty Group
List Price
$714,999
Sold Price
$720,000
Premium/Discount to List
$5,001
0.7%
Current Estimated Value
$1,004,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,083
Avg. Annual Appreciation
6.67%
Original Mortgage
$540,000
Outstanding Balance
$480,523
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$523,560

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 20, 2020
Sold by
Mora Gerardo D and Mora Maria G
Bought by
Gimenez Palazon Antonio
Seller's Agent
Eon Lew
District Realty Group
Buyer's Agent
Eon Lew
District Realty Group
List Price
$714,999
Sold Price
$720,000
Premium/Discount to List
$5,001
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$480,523
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$523,560

Purchase Details

Closed on
Jun 14, 1999
Sold by
Garibay Rigoberto
Bought by
Mora Gerardo D and Mora Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.01%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Mora Gerardo D and Mora Maria G
Bought by
Mora Gerardo D and Mora Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.33%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gimenez Palazon Antonio -- First American Title Company
Gimenez Palazon Antonio $720,000 First American Title Company
Mora Gerardo D -- American Title Co
Mora Gerardo D -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gimenez Palazon Antonio $540,000
Previous Owner Mora Gerardo D $190,400
Previous Owner Mora Gerardo D $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $720,000 +0.7% $293 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $714,999 -- $291 / Sq Ft
Source: The MLS

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 $10,594 $779,350 $454,621 $324,729
2024 $10,594 $764,069 $445,707 $318,362
2023 $10,577 $749,088 $436,968 $312,120
2022 $10,159 $734,400 $428,400 $306,000
2021 $9,692 $720,000 $420,000 $300,000
2020 $5,087 $323,091 $72,159 $250,932
2019 $4,926 $316,757 $70,745 $246,012
2018 $4,898 $310,547 $69,358 $241,189
2016 $4,645 $298,490 $66,666 $231,824
2015 $4,318 $294,007 $65,665 $228,342
2014 $4,204 $288,249 $64,379 $223,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-649508

The MLS

APN: 6330-012-035