NOT LISTED FOR SALE

6222 Bear Ave Unit A Bell, CA 90201

1 Bed
1 Bath
3,068 Sq Ft
1945 Built

Last Sold June 23, 2017

Last sale price $775,000 $253 Per Sq Ft

116 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • South Facing Home
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • 5-minute walk to Freedom Park

About This Home

As of June 2017

Very desirable area with long term tenants, 5 Units - 1 bed / 1 bath each, parking open space for each unit, constructed in 1945 on a 7,988 Sq. Ft Lot with a 3,068 Sq. Ft., Structure. Each unit has it's own gas and electricity meter, laundry Hook ups in each unit. Owner pays water, trash and maintenance. The high rental demand in Bell, CA. 90201 ensures the steady cash flow that makes this an attractive opportunity for any investor or Owner Occupied. Seller is very motivated, submit your buyer's best offer.

Last Agent to Sell the Property

Ramon Pereira

JD Residential & Commercial RE License #01496829 Listed on: 01/29/2017

Last Buyer's Agent

Lourdes Galvez

Lourdes Galvez, Broker License #01439834

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,829

Year Built

  • Built in 1945

Lot Details

  • 7,988 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation

Interior Spaces

  • 3,068 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Unassigned Parking

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, gas
  • Tax Lot 221
  • Tax Tract Number 2420
  • Assessor Parcel Number 6318024040

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,654
  • New Taxes Expense $7,770
  • Operating Expense $9,424
  • Gross Income $57,000
  • Net Operating Income $40,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,829

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Zoning: BLR3YY
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6318024040
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 252.61

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7988.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas

Multi Family

  • Gross Income: 57000.00
  • Gross Operating Income: 54150.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 1654.00
  • Net Operating Income: 40613.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 16387.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 4750.00
  • Total Expenses: 9424.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7770.00
  • Tax Census Tract: 5336.01
  • Tax Lot: 221
  • Tax Tract Number: 2420
  • Tax Annual Amount: 7829.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $775,000 -8.8% $253 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
03/05/2017 03/05/17 Price Changed $850,000 -5.6% $277 / Sq Ft
01/29/2017 01/29/17 For Sale $900,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ramon Pereira

    JD Residential & Commercial RE

    (562) 756-4805

    7 Total Sales

    Ramon Pereira
    Section Image
  • Lourdes Galvez

    Buyer's Agent in 2017

    Lourdes Galvez

    Lourdes Galvez, Broker

    (562) 715-6240

    10 Total Sales

    Lourdes Galvez
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17019880

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Bell 90201

6222 Bear Ave Unit A, Bell, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes