NOT LISTED FOR SALE

6122 Palm Ave Maywood, CA 90270

Estimated Value: $887,000 - $1,164,000

6 Beds
4 Baths
2,265 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $839,000 $370 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,390/month

63 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • Granite Countertops
  • Bell High School Rated A-
  • Attic
  • Private Yard

About This Home

As of June 2021

***2 Separate Units*** Front unit is 1136 square feet and rear unit is 1129 square feet with open floor plan. Both units are 3 bedrooms, 2 full bathrooms, living room with dining area, 2-cars garage, and new HVAC system.Front unit was completely remodeled with new additions in the year of 2016 works includes: install foundation bolts to existing footings, re-framing, new roof, insulation, copper pipe, electrical wiring, gas pipe, waste line, stucco, drywall, windows, doors, and flooring. All new!!! Rear unit was built in the year of 2015. Both houses have laundry hook ups inside the garage. Separate gas, electrical and water meters. The property has new concrete driveway and side yard walkways, automatic sprinkler system in the front rear and side yards landscaping. This is a great opportunity for a buyer to live in one and rent the others or as a fantastic income property!!!

Last Agent to Sell the Property

RAYMOND WONG

IRN REALTY License #01876349 Listed on: 02/15/2021

IRN REALTY

Last Buyer's Agent

Lissette Solis

Realty One Group Homelink License #01935888

Realty One Group Homelink

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,282

Year Built

  • Built in 2015

Lot Details

  • 7,831 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • Slab Foundation
  • Interior Block Wall
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing

Interior Spaces

  • 2,265 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Granite Countertops
  • Attic

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 1894
  • Tax Tract Number 4384
  • Assessor Parcel Number 6315013006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Operating Expense $700
  • Gross Income $44,040
  • Net Operating Income $43,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,282

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6315013006
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Copper Plumbing Full, Granite Counters, Open Floorplan
  • Entry Location: Ground Level With Steps,Ground Level,Living Room
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, No Interior Steps, Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 370.42
  • Room Type: All Bedrooms Down, Attic, Living Room

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Level with Street, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 7831.00
  • Lot Size Acres: 0.1798

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 44040.00
  • Gross Scheduled Income: 44040.00
  • Insurance Expense: 700.00
  • Lot Size Area: 7831.0000 Square Feet
  • Net Operating Income: 43340.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 700.00
  • Rent Control: No
  • Total Actual Rent: 44040.00
  • Total Expenses: 700.00

Tax Info

  • Tax Lot: 1894
  • Tax Tract Number: 4384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 1, 2021
Sold by
Wong Raymond Richeng and Wong Selley Xiao
Bought by
Bahena Fredy Martinez and Martinez Iris
Seller's Agent
RAYMOND WONG
IRN REALTY
Buyer's Agent
Lissette Solis
Realty One Group Homelink
List Price
$838,200
Sold Price
$839,000
Premium/Discount to List
$800
0.1%
Current Estimated Value
$1,015,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,954
Avg. Annual Appreciation
4.16%
Original Mortgage
$713,150
Outstanding Balance
$648,474
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$351,356

Purchase Details

Closed on
Oct 1, 2016
Sold by
Wong Raymond Richeng and Wong Selley Xiao Hong
Bought by
Wong Raymond Richeng and Wong Selley Xiao Hong

Purchase Details

Listed on
Nov 26, 2012
Closed on
Dec 19, 2012
Sold by
B V Rentals Llc
Bought by
Wong Raymond Richeng and Wong Selley Xiao Hong
Seller's Agent
Ileane Gaxiola
Top Notch Realty
Buyer's Agent
RAYMOND WONG
IRN REALTY
List Price
$230,000
Sold Price
$232,000
Premium/Discount to List
$2,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%

Purchase Details

Listed on
Nov 26, 2012
Closed on
Dec 18, 2012
Sold by
Galvan Noemi
Bought by
B V Rentals Llc
Seller's Agent
Ileane Gaxiola
Top Notch Realty
Buyer's Agent
RAYMOND WONG
IRN REALTY
List Price
$230,000
Sold Price
$232,000
Premium/Discount to List
$2,000
0.87%

Purchase Details

Closed on
Jul 22, 2010
Sold by
Zuniga Valentin
Bought by
Galvan Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Sockett David M and The David M Sockett Trust
Bought by
Galvan Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Sockett David M and The David M Sockett Trust
Bought by
Sockett David M and The David M Sockett Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2008
Sold by
Gil Ruben and Gil Maria D
Bought by
The David M Sockett Trust

Purchase Details

Closed on
Mar 31, 2003
Sold by
Perez Manuel and Perez Gloria P
Bought by
Delosangeles Gil Ruben C and Delosangeles Gil Maria
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
Bahena Fredy Martinez $839,000 Chicago Title Company
Wong Raymond Richeng $290,000 None Available
Wong Raymond Richeng $232,000 Ort
B V Rentals Llc -- Ort
Galvan Noemi -- Security Union Pacific Coast
Galvan Noemi $170,001 Security Union Pacific Coast
Sockett David M -- Security Union Pacific Coast
The David M Sockett Trust $25,000 Orange Coast Title
Delosangeles Gil Ruben C -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahena Fredy Martinez $713,150
Previous Owner Wong Raymond Richeng $385,000
Previous Owner Richeng Raymond $110,400
Previous Owner Galvan Noemi $136,000
Previous Owner Galvan Noemi $136,000
Previous Owner Sockett David M $136,000
Previous Owner Gil Ruben $275,000
Previous Owner Gil Ruben C $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $839,000 0.0% $370 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/19/2021 04/19/21 Off Market $839,000 -- --
04/15/2021 04/15/21 For Sale $838,200 -0.1% $370 / Sq Ft
04/11/2021 04/11/21 Off Market $839,000 -- --
03/20/2021 03/20/21 For Sale $838,200 -0.1% $370 / Sq Ft
03/02/2021 03/02/21 Off Market $839,000 -- --
02/27/2021 02/27/21 For Sale $838,200 -0.1% $370 / Sq Ft
02/26/2021 02/26/21 Off Market $839,000 -- --
02/21/2021 02/21/21 Price Changed $838,200 0.0% $370 / Sq Ft
02/21/2021 02/21/21 For Sale $838,200 -0.1% $370 / Sq Ft
02/20/2021 02/20/21 Off Market $839,000 -- --
02/15/2021 02/15/21 For Sale $838,000 +261.2% $370 / Sq Ft
12/31/2012 12/31/12 Sold $232,000 +0.9% $293 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $230,000 -- $290 / 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 $12,282 $908,158 $487,093 $421,065
2024 $12,282 $890,352 $477,543 $412,809
2023 $12,065 $872,895 $468,180 $404,715
2022 $11,565 $855,780 $459,000 $396,780
2021 $6,433 $442,898 $256,872 $186,026
2020 $6,570 $438,358 $254,239 $184,119
2019 $6,235 $429,763 $249,254 $180,509
2018 $6,114 $421,337 $244,367 $176,970
2016 $3,514 $241,332 $156,034 $85,298
2015 $3,314 $237,708 $153,691 $84,017
2014 $3,281 $233,053 $150,681 $82,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21031119

California Regional Multiple Listing Service (CRMLS)

APN: 6315-013-006