NOT LISTED FOR SALE

6231 State St Unit B Huntington Park, CA 90255

Estimated Value: $769,000 - $964,000

4 Beds
3 Baths
2,100 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $770,000 $367 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,522/month

31 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Doors swing in
  • Linda Esperanza Marquez High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of May 2022

Great Investment Opportunity in the Beautiful City of Huntington Park. This Tri-plex is established in a thriving neighborhood with massive potential. The current tenants have resided in the property for many years and have always been prompt with their rent. The lease agreements expire this month, giving the new owner the opportunity to draft up their own lease agreement, and increase rent. The current rents are under market value, giving this property and the new owner a promising future with massive cash flow. All residents have their designated parking spaces, while the rear unit has a single car attached garage and an additional parking space. All units are separately metered for gas and electricity. The property resides across the street from San Antonio Elementary School. In addition, the residence is only five miles from Downtown Los Angeles, the University of Southern California (USC), and eleven miles from Los Angeles International Airport (LAX). Don’t miss out on this great opportunity.

Last Agent to Sell the Property

Garrett Gebhart

RE/MAX CHAMPIONS License #01865120 Listed on: 03/10/2022

RE/MAX CHAMPIONS

Last Buyer's Agent

Lorena Murillo

Cristal Real Estate Group License #01878035

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,372

Year Built

  • Built in 1923

Lot Details

  • 5,239 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level
  • Parking Lot

Home Design

  • Triplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 9
  • Tax Tract Number 3158
  • Assessor Parcel Number 6319008007
  • $1,439 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $9,375
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,372

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 249967
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: HPR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6319008007
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Gas, Gas Starter
  • Levels: One
  • Price Per Square Foot: 366.67
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Glass, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway Level, Garage, Garage Faces Front, Garage - Single Door, Parking Space
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 5239.00
  • Lot Size Acres: 0.1203

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Lot Size Area: 5239.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Range: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Block: 9
  • Tax Census Tract: 5332.01
  • Tax Lot: 6
  • Tax Tract Number: 3158
  • TaxOtherAnnualAssessmentAmount: 1439.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Jul 29, 2021
Sold by
Rosario Rodolfo
Bought by
Haifa Rayahi and Haifa Dina F
Seller's Agent
LUIS OLAZABAL
KW VISION
Buyer's Agent
Garrett Gebhart
RE/MAX CHAMPIONS
List Price
$585,000
Sold Price
$555,000
Premium/Discount to List
-$30,000
-5.13%
Current Estimated Value
$849,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,584
Avg. Annual Appreciation
10.67%
Original Mortgage
$388,500
Outstanding Balance
$353,794
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$495,790

Purchase Details

Closed on
Oct 12, 2005
Sold by
Rosario Ana M
Bought by
Rosario Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Mancia Dimas and Mancia Sandra Yaneth
Bought by
Rosario Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Mancia Dimas
Bought by
Mancia Dimas and Mancia Sandra Yaneth

Purchase Details

Closed on
Mar 9, 2004
Sold by
Morillo Wilson G
Bought by
Mancia Dimas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Perez Leonel
Bought by
Morillo Wilson G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,601
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1997
Sold by
Perez Silvano
Bought by
Perez Leonel
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
Haifa Rayahi $555,000 Fidelity National Title
Rosario Rodolfo -- First Southwestern Title Co
Rosario Rodolfo $585,000 --
Mancia Dimas -- --
Mancia Dimas $405,000 Fidelity National Title
Morillo Wilson G $235,000 Fidelity National Title Co
Perez Leonel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haifa Rayahi $388,500
Previous Owner Rosario Rodolfo $513,000
Previous Owner Mancia Dimas $364,500
Previous Owner Morillo Wilson G $226,601
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $770,000 +2.7% $367 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $749,900 +35.1% $357 / Sq Ft
08/09/2021 08/09/21 Sold $555,000 -5.1% $264 / Sq Ft View Prior Sale
08/27/2020 08/27/20 For Sale $585,000 -- $279 / 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 $12,372 $817,130 $668,561 $148,569
2024 $12,372 $801,108 $655,452 $145,656
2023 $12,147 $785,400 $642,600 $142,800
2022 $10,659 $700,000 $350,000 $350,000
2021 $11,225 $714,000 $374,000 $340,000
2020 $9,980 $630,000 $330,000 $300,000
2019 $9,680 $630,000 $330,000 $300,000
2018 $7,789 $495,000 $260,000 $235,000
2016 $7,162 $456,000 $250,000 $206,000
2015 $8,212 $534,000 $250,000 $284,000
2014 $5,938 $363,000 $138,600 $224,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22046597

California Regional Multiple Listing Service (CRMLS)

APN: 6319-008-007