NOT LISTED FOR SALE

6122 Wilcox Ave Maywood, CA 90270

Estimated Value: $782,973 - $948,000

5 Beds
2 Baths
1,740 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $498,000 $286 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,216/month

2 Days on Market

About This Home

As of March 2017

Great income property. Two on a lot with detached 2 car garage. Front house is a 3 bedroom one bath and the back house is a 2 bedroom 1 bath on large lot zoned R3.

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 03/07/2017

Last Buyer's Agent

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 03/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,135

Year Built

  • Built in 1955

Lot Details

  • 7,771 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,740 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 2116
  • Tax Tract Number 4766
  • Assessor Parcel Number 6315011012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $568
  • Water Sewer Expense $850
  • New Taxes Expense $6,500
  • Operating Expense $7,918
  • Gross Income $35,400
  • Net Operating Income $27,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,135

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 850.00
  • Zoning: MYR3*
  • Property Type: Residential Income
  • Parcel Number: 6315011012
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 286.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7771.00

Multi Family

  • Average2 Bed Area: 816 Square Feet
  • Average3 Bed Area: 924 Square Feet
  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 568.00
  • Net Operating Income: 27482.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7918.00
  • Rent Control: No
  • Total Expenses: 7918.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 5337.03
  • Tax Lot: 2116
  • Tax Tract Number: 4766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Chen John and Chen Sonia Hsiangpign
Bought by
Chen John and Chen Sonia Hsiangping
Current Estimated Value
$851,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$321,807
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$512,622

Purchase Details

Closed on
Jan 24, 2020
Sold by
Chen John and Chen Sonia Hsiangping
Bought by
Chen John and Chen Sonia Hsiangping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2017
Sold by
Chen John and Chen Sonia Hsiangping
Bought by
Chen John and Chen Sonia Hsiangping

Purchase Details

Listed on
Mar 7, 2017
Closed on
Mar 9, 2017
Sold by
Platinum Finance Properties Llc
Bought by
Chen John and Chen Sonia
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Steven Guthrie
Platinum Finance Properties
List Price
$527,900
Sold Price
$498,000
Premium/Discount to List
-$29,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$373,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2016
Sold by
Vairo John
Bought by
Vairo John R and Vairo Marina

Purchase Details

Closed on
Jul 24, 2014
Sold by
Cisneros Felicitas
Bought by
Platinum Finance Properties Inc and Natural Sequence Llc

Purchase Details

Closed on
Mar 16, 2011
Sold by
Cisneros Felicitas and Palacios Nancy Elizabeth
Bought by
Luz E Rodz

Purchase Details

Closed on
Jul 10, 2007
Sold by
Aguilar Jose and Palacios Nancy Elizabeth
Bought by
Cisneros Felicitas and Palacios Nancy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2007
Sold by
Cisneros Felicitas
Bought by
Aguilar Jose and Palacios Nancy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 8, 2007
Sold by
Kearney Thomas A and Esther M Kearney Trust
Bought by
Cisneros Felicitas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization
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
Chen John -- Pacific Coast Title Company
Chen John -- Pacific Coast Title Company
Chen John -- Pacific Coast Title
Chen John -- Pacific Coast Title Company
Chen John -- Accommodation
Chen John $498,000 Lawyers Title Company
Vairo John R -- Accommodation
Platinum Finance Properties Inc $342,000 Lawyers Title
Luz E Rodz -- None Available
Cisneros Felicitas -- Ortc
Aguilar Jose -- Ortc
Cisneros Felicitas $580,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen John $360,000
Closed Chen John $363,000
Closed Chen John $373,500
Previous Owner Cisneros Felicitas $28,000
Previous Owner Aguilar Jose Joaquin $12,600
Previous Owner Aguilar Jose Joaquin $7,000
Previous Owner Cisneros Felicitas $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $498,000 -5.7% $286 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $527,900 -- $303 / 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 $8,135 $577,967 $452,627 $125,340
2024 $8,135 $566,635 $443,752 $122,883
2023 $7,994 $555,525 $435,051 $120,474
2022 $7,591 $544,633 $426,521 $118,112
2021 $7,497 $533,955 $418,158 $115,797
2020 $7,711 $528,481 $413,871 $114,610
2019 $7,262 $518,119 $405,756 $112,363
2018 $7,082 $507,960 $397,800 $110,160
2016 $5,668 $406,100 $203,050 $203,050
2015 $5,337 $400,000 $200,000 $200,000
2014 $3,984 $282,182 $209,024 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17048895

California Regional Multiple Listing Service (CRMLS)

APN: 6315-011-012