NOT LISTED FOR SALE

5943 Lanto St Bell, CA 90201

Estimated Value: $1,150,000 - $1,373,000

9 Beds
4 Baths
3,801 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $660,000 $174 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,424/month

2 Days on Market

About This Home

As of May 2015

Investors! This is a unique and special property that you need to consider as your next investment property. This very nice 4 plex is on a quiet, nice street in Bell Gardens. There are four separate units each with their own yards on a spacious lot of more than 11,500 square feet. The front unit has four bedrooms and 1.5 baths with an open floor plan. There is a mud room for a washer/dryer and it exits to the spacious backyard. Comes with one, detached garage. There are also 3 other separate units each with 2 bedrooms and 1 bath. Each has a little yard and a space for a washer and dryer inside the unit. Two of these units have a single car detached garage and one unit has a carport. The tenants love living here and would love to continue to stay as tenants. Drive by and see for yourself but do not walk the property or disturb the tenants. Hurry, this property has been priced to sell!

Last Agent to Sell the Property

Suzanne Martin

Vylla Home, Inc. License #01876662 Listed on: 04/14/2015

Last Buyer's Agent

David Jervis

Coldwell Banker Realty License #00909394

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • 3,801 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 20
  • Tax Tract Number 13583
  • Assessor Parcel Number 6330009014

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
  • Insurance Expense $1,100
  • Water Sewer Expense $1,356
  • New Taxes Expense $9,850
  • Gross Income $4,450
  • Net Operating Income $51,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Inclusions: all real property
  • Property Attached: No
  • Water Sewer Expenses: 1356.00
  • Property Type: Residential Income
  • Parcel Number: 6330009014
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 173.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11513.00
  • Lot Size Acres: 0.2640

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 4450.00
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 11513.0000 Square Feet
  • Net Operating Income: 51084.00
  • 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: 2316.00
  • Rent Control: No
  • Total Actual Rent: 4450.00

Tax Info

  • New Taxes Expense: 9850.00
  • Tax Lot: 20
  • Tax Tract Number: 13583
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Apr 30, 2015
Sold by
Alsbrook Vincent J and Ochandorena Angelina
Bought by
Rck Investments Llc
Seller's Agent
Suzanne Martin
Vylla Home, Inc.
Buyer's Agent
David Jervis
Coldwell Banker Realty
List Price
$745,000
Sold Price
$660,000
Premium/Discount to List
-$85,000
-11.41%
Current Estimated Value
$1,225,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,194
Avg. Annual Appreciation
5.98%

Purchase Details

Listed on
Apr 14, 2015
Closed on
Apr 28, 2015
Sold by
Ochandorena John
Bought by
Ochandorena Angelina
Seller's Agent
Suzanne Martin
Vylla Home, Inc.
Buyer's Agent
David Jervis
Coldwell Banker Realty
List Price
$745,000
Sold Price
$660,000
Premium/Discount to List
-$85,000
-11.41%

Purchase Details

Closed on
Aug 21, 2008
Sold by
Alsbrook Corby J and Corby Alsbrook Living Trust
Bought by
Alsbrook Vincent J and Ochandorena Angelina

Purchase Details

Closed on
Mar 11, 2005
Sold by
Alsbrook Corby J
Bought by
Alsbrook Corby J and The Corby Alsbrook Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2004
Sold by
Alsbrook Corby
Bought by
Alsbrook Corby and Corby Alsbrook Living Trust
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
Rck Investments Llc $660,000 Title365
Ochandorena Angelina -- Title365
Alsbrook Vincent J -- None Available
Alsbrook Corby J -- --
Alsbrook Corby J -- Landsafe Title
Alsbrook Corby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alsbrook Corby J $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2015 05/13/15 Sold $660,000 -11.4% $174 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $745,000 -- $196 / 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 $12,284 $793,213 $360,551 $432,662
2024 $12,284 $777,661 $353,482 $424,179
2023 $12,226 $762,413 $346,551 $415,862
2022 $11,714 $747,464 $339,756 $407,708
2021 $11,084 $732,809 $333,095 $399,714
2020 $10,985 $725,296 $329,680 $395,616
2019 $10,631 $711,075 $323,216 $387,859
2018 $10,685 $697,133 $316,879 $380,254
2016 $10,168 $670,065 $304,575 $365,490
2015 $10,102 $717,890 $428,592 $289,298
2014 $9,850 $703,829 $420,197 $283,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15078830

California Regional Multiple Listing Service (CRMLS)

APN: 6330-009-014