NOT LISTED FOR SALE

6029 Riverside Ave Huntington Park, CA 90255

Estimated Value: $756,000 - $862,000

4 Beds
2 Baths
1,651 Sq Ft
$483/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $584,000 $354 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,998/month

6 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 4-minute walk to Freedom Park
  • Bell High School Rated A-
  • Laundry Room

About This Home

As of March 2020

DUPLEX PROPERTY IN HUNTINGTON PARK!!! 2 UNITS ON PROPERTY, FRONT HOME 3 BEDROOMS AND 1 BATH, LAUNDRY ROOM AND GOOD SIZE KITCHEN. BACK UNIT IS 1 BEDROOM 1 BATH, LAUNDRY UNIT, EXTRA STORAGE UNIT AND GREAT SIZE LIVING ROOM. BOTH UNITS SHARE 2 CAR GARAGE AS A SPLIT FOR STORAGE, GARAGE DETACHED FROM BOTH UNITS, CREATING A SIZABLE SEPARATION FROM FRONT AND BACK UNIT. BACK UNIT ALSO HAS ITS OWN GOOD SIZE YARD ON THE SIDE OF THE HOME AND BIG FRONT PATIO, COMPLETELY PAVED. HUGE PARKING IN ENTRANCE OF PROPERTY ENOUGH TO FIT 10 CARS NOT INCLUDING GARAGE SPACES. PROPERTY HAS SEPARATE ELECTRIC AND GAS METERS. HUGE POTENTIAL RENTAL INCOME FOR CASHFLOW. PRICED TO SELL! SALE IS CONTINGENT FOR OWNER TO FIND REPLACEMENT HOME BUT BOTH UNITS CAN BE DELIVERED VACANT.

Last Agent to Sell the Property

Gustavo Jacinto

Realty One Group United License #01890365 Listed on: 12/26/2019

Realty One Group United

Last Buyer's Agent

Beberly Morales

eXp Realty of California Inc License #02027322

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,674

Year Built

  • Built in 1920

Lot Details

  • 7,900 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,651 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 438
  • Tax Tract Number 2487
  • Assessor Parcel Number 6317008017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $90
  • Insurance Expense $2,033
  • Trash Expense $50
  • Water Sewer Expense $64
  • New Taxes Expense $3,357
  • Operating Expense $10,000
  • Gross Income $13,500
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,674

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 64.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6317008017
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 353.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • 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: 2-5 Units/Acre, Back Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 7900.00
  • Lot Size Acres: 0.1814
  • Latitude Manual: 33.98530700

Multi Family

  • Electric Expense: 90.00
  • Gross Income: 13500.00
  • Gross Scheduled Income: 10000.00
  • Insurance Expense: 2033.00
  • Lot Size Area: 7900.0000 Square Feet
  • Net Operating Income: 10000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 9000.00
  • Rent Control: No
  • Total Actual Rent: 1100.00
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 3357.00
  • Tax Lot: 438
  • Tax Tract Number: 2487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2019
Closed on
Jan 30, 2020
Sold by
Lopez Jesus I
Bought by
Melgar Edward and Moran Ruth
Seller's Agent
Gustavo Jacinto
Realty One Group United
Buyer's Agent
Beberly Morales
eXp Realty of California Inc
List Price
$580,000
Sold Price
$584,000
Premium/Discount to List
$4,000
0.69%
Current Estimated Value
$796,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,822
Avg. Annual Appreciation
5.72%
Original Mortgage
$571,456
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2017
Sold by
Lopez Jesus I and Lopez Jesus Ivan
Bought by
Lopez Jesus I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2014
Sold by
Moran Jesus and Moran Annabelle
Bought by
Lopez Jesus Ivan and Govea Hope E Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1999
Sold by
Castaneda Ernesto and Castaneda Ana M
Bought by
Moran Jesus and Moran Annabelle
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
Melgar Edward $584,000 Orange Coast Title
Lopez Jesus I -- Lawyers Title
Lopez Jesus Ivan $390,000 Fidelity National Title Co
Moran Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melgar Edward $571,456
Previous Owner Lopez Jesus I $375,000
Previous Owner Lopez Jesus Ivan $382,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2020 03/26/20 Sold $584,000 +0.7% $354 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $580,000 -- $351 / 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 $9,674 $638,685 $446,205 $192,480
2024 $9,674 $626,162 $437,456 $188,706
2023 $9,499 $613,885 $428,879 $185,006
2022 $9,080 $601,849 $420,470 $181,379
2021 $8,960 $590,049 $412,226 $177,823
2020 $6,737 $428,581 $301,546 $127,035
2019 $6,493 $420,179 $295,634 $124,545
2018 $6,297 $411,941 $289,838 $122,103
2016 $6,008 $395,946 $278,584 $117,362
2015 $5,908 $390,000 $274,400 $115,600
2014 $3,496 $204,493 $117,713 $86,780
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gustavo Jacinto

    Realty One Group United

    Section Image
  • Beberly Morales

    Buyer's Agent in 2020

    Beberly Morales

    eXp Realty of California Inc

    (323) 842-4154

    16 Total Sales

    Beberly Morales
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19286453

California Regional Multiple Listing Service (CRMLS)

APN: 6317-008-017

California Los Angeles County Huntington Park 90255

6029 Riverside Ave, Huntington Park, CA

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