NOT LISTED FOR SALE

6248 Gifford Ave Bell, CA 90201

Estimated Value: $882,000 - $1,187,000

5 Beds
3 Baths
2,582 Sq Ft
$378/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $345,000 $134 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $6,209/month

224 Days on Market

About This Home

As of January 2012

GREAT INVESTMENT OPORTUNITY 3 UNITS FIRST UNIT HAS 3BR 1 BATH 2ND UNIT HAS 2BR 1 BATH AND 3RD UNIT HAS 1 BR 1 BATH BRING IN YOUR TENDER LOVE TO THESE 3 UNITS.

Last Agent to Sell the Property

Oscar Castro

OC Pros Real Estate License #01392462 Listed on: 05/18/2011

Last Buyer's Agent

Sonia Banuelos

24 Hour Real Estate License #01835516

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,596

Parking

  • 5 Car Garage

Home Design

  • 2,582 Sq Ft Home
  • Stucco

Additional Features

  • 9,596 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 85
  • Tax Tract Number 2420
  • Assessor Parcel Number 6317028012

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $20
  • Insurance Expense $218
  • Trash Expense $80
  • Water Sewer Expense $300
  • Gross Income $3,400
  • Net Operating Income $2,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 0.84
  • View: No
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Gardener Expense: 20.00
  • Parcel Number: 6317028012
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 133.62

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 80.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9596.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3400.00
  • Gross Multiplier: 107.81
  • Gross Scheduled Income: 3200.00
  • Insurance Expense: 218.00
  • Lot Size Area: 9596.0000 Square Feet
  • Net Operating Income: 2900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Operating Expense: 500.00
  • Vacancy Allowance Rate: 25.00

Tax Info

  • Tax Area: 516
  • Tax Lot: 85
  • Tax Tract: *
  • Tax Tract Number: 2420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2011
Closed on
Dec 21, 2011
Sold by
Dela Torre Carlos
Bought by
Montes Markbin and Zacarias Francisca
Seller's Agent
Oscar Castro
OC Pros Real Estate
Buyer's Agent
Sonia Banuelos
24 Hour Real Estate
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$1,016,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,575
Avg. Annual Appreciation
7.76%
Original Mortgage
$336,254
Outstanding Balance
$228,469
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$747,744

Purchase Details

Closed on
Oct 7, 2011
Sold by
Zepeda David and The Robert Mann Janis Mann Fra
Bought by
Dela Torre Carlos

Purchase Details

Closed on
Jan 19, 2011
Sold by
Dela Torre Elvira R
Bought by
Dela Torre Carlos

Purchase Details

Closed on
Nov 2, 2009
Sold by
Zepeda David and The Albert & France Guston & D
Bought by
Zepeda David and The Robert & Janis Mann & Fran

Purchase Details

Closed on
Oct 23, 2009
Sold by
Dela Torre Carlos
Bought by
Zepeda David and Zepeda David

Purchase Details

Closed on
Mar 9, 2006
Sold by
Glaria Jesus and Glaria Carmen
Bought by
Delatorre Carlos and Delatorre Elvira R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Montes Markbin $345,000 North American Title Company
Dela Torre Carlos -- None Available
Zepeda David -- None Available
Dela Torre Carlos -- North American Title Company
Zepeda David -- None Available
Zepeda David -- None Available
Delatorre Carlos $721,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montes Markbin $336,254
Previous Owner Delatorre Carlos $144,200
Previous Owner Delatorre Carlos $576,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2012 01/27/12 Sold $345,000 -1.4% $134 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
05/18/2011 05/18/11 For Sale $350,000 -- $136 / 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 $10,598 $661,830 $431,399 $230,431
2024 $10,598 $648,854 $422,941 $225,913
2023 $10,411 $636,133 $414,649 $221,484
2022 $6,930 $408,336 $213,045 $195,291
2021 $6,852 $400,330 $208,868 $191,462
2020 $6,879 $396,226 $206,727 $189,499
2019 $6,655 $388,458 $202,674 $185,784
2018 $6,430 $380,842 $198,700 $182,142
2016 $6,309 $366,055 $190,985 $175,070
2015 $6,211 $360,558 $188,117 $172,441
2014 $6,197 $353,497 $184,433 $169,064
Source: Public Records

Agents Affiliated with this Home

  • Oscar Castro

    Seller's Agent in 2012

    Oscar Castro

    OC Pros Real Estate

    (714) 321-9876

    17 Total Sales

    Oscar Castro
    Section Image

  • S

    Buyer's Agent in 2012

    Sonia Banuelos

    24 Hour Real Estate

    (562) 972-7115

    24 Total Sales

    Sonia Banuelos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P783862

California Regional Multiple Listing Service (CRMLS)

APN: 6317-028-012

California Los Angeles County Bell 90201

6248 Gifford Ave, Bell, CA

Not Listed for Sale

MultiFamily

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