NOT LISTED FOR SALE

6126 Palm Ave Maywood, CA 90270

Estimated Value: $947,000 - $1,271,817

8 Beds
4 Baths
2,898 Sq Ft
$389/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $877,500 $303 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,266/month

85 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • Bell High School Rated A-

About This Home

As of December 2018

Income property 4 units 2 bedrooms 1 bath each. Please Note, Listaging Agent is a Principal to the this Transaction.***please Do Not Disturb Tenant’s

Last Agent to Sell the Property

Carlos Arvizu

Dynamic Vision Realty & Inv. License #00975253 Listed on: 09/17/2018

Last Buyer's Agent

Carlos Arvizu

Dynamic Vision Realty & Inv. License #00975253 Listed on: 09/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,678

Year Built

  • Built in 1961

Lot Details

  • 7,977 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,898 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4384
  • Tax Tract Number 4384
  • Assessor Parcel Number 6315013007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $720
  • Insurance Expense $1,900
  • Maintenance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,320
  • New Taxes Expense $9,013
  • Operating Expense $15,653
  • Gross Income $72,060
  • Net Operating Income $56,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,678

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.10
  • Improvements Percent: 53.00
  • Other Phone Description: 562-461-0233
  • Property Attached: Yes
  • Water Sewer Expenses: 1320.00
  • Zoning: MyR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6315013007
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 302.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value Percent: 47.00
  • Lot Features: Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 7977.00
  • Lot Size Acres: 0.1831

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 72060.00
  • Gross Multiplier: 12.85
  • Gross Operating Income: 72060.00
  • Gross Scheduled Income: 72060.00
  • Gross Spendable Income: 72060.00
  • Insurance Expense: 1900.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1800.00
  • Lot Size Area: 7977.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 56407.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Disposal: 3
  • Operating Expense: 15653.00
  • Operating Expense Percent: 22.00
  • Rent Control: No
  • Total Actual Rent: 72060.00
  • Total Expenses: 15653.00

Tax Info

  • New Taxes Expense: 9013.00
  • Tax Lot: 4384
  • Tax Tract Number: 4384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Arvizu Carlos R and The Carlos R Arvizu Separate P
Bought by
Sokunthea Sokhom Channimith
Current Estimated Value
$1,126,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
7.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2013
Sold by
Arvizu Carlos R
Bought by
Prope Arvizu Carlos R and Prope Carlos R Arvizu Separate

Purchase Details

Closed on
Jan 25, 2009
Sold by
Arvizu Carlos R and Arvizu Ana M
Bought by
Arvizu Carlos R

Purchase Details

Closed on
Feb 10, 2005
Sold by
Barteky Victor E and Barteky Stephanie
Bought by
Arvizu Carlos R and Arvizu Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,600
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Sanchez Carlos
Bought by
Bartekey Victor E and Bartekey Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1999
Sold by
Hud
Bought by
Sanchez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
6.1%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Sanchez Teresa
Bought by
Sanchez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
6.1%

Purchase Details

Closed on
Jan 19, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Dec 31, 1998
Sold by
Contreras Merlyn and Aranda Alberto
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

Purchase Details

Closed on
Dec 6, 1996
Sold by
Amador Alejandro
Bought by
Contreras Merlyn and Aranda Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,900
Interest Rate
7.76%

Purchase Details

Closed on
Oct 9, 1996
Sold by
Amador Josefina
Bought by
Amador Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,900
Interest Rate
7.76%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Amador Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.37%

Purchase Details

Closed on
Feb 22, 1996
Sold by
Woods Robert M and Woods Georgia D
Bought by
Home Svgs Of America Fsb
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
Sokunthea Sokhom Channimith $877,500 Orange Coast Title Company
Prope Arvizu Carlos R -- None Available
Arvizu Carlos R -- None Available
Arvizu Carlos R $655,000 Fidelity National Title Co
Bartekey Victor E $575,000 Fidelity Title Company
Sanchez Carlos $205,500 Provident Title Company
Sanchez Carlos -- Provident Title Company
Hud -- First Southwestern Title Co
Homeside Lending Inc $316,144 First Southwestern Title Co
Contreras Merlyn $310,000 First American Title Co
Amador Alejandro -- Investors Title Company
Amador Alejandro $193,000 Investors Title Company
Home Svgs Of America Fsb $198,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokhom Channimith $570,000
Previous Owner Sokunthea Sokhom Channimith $581,250
Previous Owner Arvizu Carlos R $36,840
Previous Owner Arvizu Carlos R $477,600
Previous Owner Bartekey Victor E $402,500
Previous Owner Sanchez Carlos $164,400
Previous Owner Contreras Merlyn $277,900
Previous Owner Amador Alejandro $154,000
Closed Bartekey Victor E $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $877,500 -5.3% $303 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $926,126 -5.0% $320 / Sq Ft
09/17/2018 09/17/18 For Sale $974,500 -- $336 / 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 $13,678 $978,862 $446,205 $532,657
2024 $13,678 $959,669 $437,456 $522,213
2023 $13,441 $940,853 $428,879 $511,974
2022 $12,689 $922,406 $420,470 $501,936
2021 $12,531 $904,321 $412,226 $492,095
2020 $12,856 $895,050 $408,000 $487,050
2019 $12,135 $877,500 $400,000 $477,500
2018 $9,864 $700,000 $330,000 $370,000
2016 $8,947 $640,000 $300,000 $340,000
2015 $8,540 $640,000 $300,000 $340,000
2014 $6,112 $430,000 $229,800 $200,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carlos Arvizu

    Dynamic Vision Realty & Inv.

    (562) 755-3856

    1 Total Sale

    Carlos Arvizu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18225757

California Regional Multiple Listing Service (CRMLS)

APN: 6315-013-007

California Los Angeles County Maywood 90270

6126 Palm Ave, Maywood, CA

This home is located at 6126 Palm Ave, Maywood, CA 90270 since 17 September 2018 and is currently estimated at $1,126,454, approximately $388 per square foot. This property was built in 1961. 6126 Palm Ave is a home located in Los Angeles County with nearby schools including Heliotrope Avenue Elementary School, Chester W. Nimitz Middle School, and Maywood Academy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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