NOT LISTED FOR SALE

6311 Pine Ave Bell, CA 90201

Estimated Value: $808,000 - $909,243

1 Bed
1 Bath
1,820 Sq Ft
$479/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $360,000 $198 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,179/month

283 Days on Market

Highlights

  • No Interior Steps
  • No Heating
  • 3-minute walk to Treder Park
  • Bungalow

About This Home

As of November 2012

Three units, one bedroom each, located across street from City police Station, city park, Citizens Community Center , 1/2 of block from Elementary School public transportation and community shopping, subject is a single story triplex with three car detached and two parking spaces.

Last Agent to Sell the Property

Gilbert Ayala

Gilbert Realty and Loans License #00936307 Listed on: 11/13/2011

Last Buyer's Agent

roberto rivas

MAXI Realty Group License #00601812

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,035

Parking

  • 3 Parking Spaces

Home Design

  • 1,820 Sq Ft Home
  • Bungalow
  • Stucco

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • No Interior Steps
  • 6,035 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 0.1
  • Tax Tract Number 2420
  • Assessor Parcel Number 6317023008

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $750
  • Gross Income $2,850
  • Net Operating Income $2,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.77
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 6317023008
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Accessibility Features: No Interior Steps
  • Appliances: No
  • Price Per Square Foot: 197.80

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6035.00
  • Lot Size Acres: 0.1390

Multi Family

  • Gross Income: 2850.00
  • Gross Multiplier: 129.47
  • Gross Scheduled Income: 2850.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6035.0000 Square Feet
  • Net Operating Income: 2850.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 518
  • Tax Lot: 0.1
  • Tax Tract Number: 2420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2012
Sold by
Lugo Arturo
Bought by
Lopez Carlos J
Current Estimated Value
$871,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$199,378
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$671,683

Purchase Details

Closed on
Jul 19, 2008
Sold by
Us Bank Na
Bought by
Lugo Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2008
Sold by
Awada Ali Nour
Bought by
Us Bank Na and The Security National Mortgage Loan Trus

Purchase Details

Closed on
Apr 24, 2006
Sold by
Castellanos Regoberto
Bought by
Awada Ali Nour

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage
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
Lopez Carlos J $360,000 Pacific Coast Title Company
Lugo Arturo $375,000 First American Title Company
Us Bank Na $430,000 Accommodation
Awada Ali Nour $570,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Carlos J $288,000
Previous Owner Lugo Arturo $262,500
Previous Owner Awada Ali Nour $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $360,000 -12.2% $198 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
11/13/2011 11/13/11 For Sale $410,000 -- $225 / 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 $7,213 $443,306 $246,282 $197,024
2024 $7,213 $434,614 $241,453 $193,161
2023 $7,085 $426,093 $236,719 $189,374
2022 $6,814 $417,739 $232,078 $185,661
2021 $6,740 $409,549 $227,528 $182,021
2019 $6,540 $397,403 $220,780 $176,623
2018 $6,380 $389,611 $216,451 $173,160
2016 $6,267 $374,484 $208,047 $166,437
2015 $6,167 $368,859 $204,922 $163,937
2014 $6,148 $361,634 $200,908 $160,726
Source: Public Records

Agents Affiliated with this Home

  • Gilbert Ayala

    Seller's Agent in 2012

    Gilbert Ayala

    Gilbert Realty and Loans

    (562) 805-9143

    17 Total Sales

    Gilbert Ayala
    Section Image

  • r

    Buyer's Agent in 2012

    roberto rivas

    MAXI Realty Group

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1106874

California Regional Multiple Listing Service (CRMLS)

APN: 6317-023-008

California Los Angeles County Bell 90201

6311 Pine Ave, Bell, CA

Not Listed for Sale

MultiFamily

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