NOT LISTED FOR SALE

6315 Gallant St Bell Gardens, CA 90201

Estimated Value: $830,000 - $871,000

3 Beds
3 Baths
1,320 Sq Ft
$648/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $475,000 $360 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,342/month

65 Days on Market

About This Home

As of December 2016

JUST REDUCED!! 6315 Gallant Street is a beautiful triplex located in the city of Bell Gardens. The unit mix consists of one 2 bedroom/1 bath unit, one 1 bedroom/ 1 bath unit, and one studio unit. There are three car garages as well as open on-site parking, and a laundry room available for tenant convenience. Tenants also enjoy the proximity of the brand new South Gate Towne Shopping Center located one mile away and just one block from John Anson Ford Park! This is a great opportunity for an investor to acquire a well maintained property with minimal expenses and current low interest rate opportunities with long term debt.

Last Agent to Sell the Property

Walter De La Torre

W&D Real Estate Investments License #01472053 Listed on: 08/22/2016

Last Buyer's Agent

Vania Rincon

Keller Williams Beverly Hills License #01489265

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,572

Year Built

  • Built in 1947

Lot Details

  • 4,577 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,320 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 10948
  • Assessor Parcel Number 6228024012

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,750
  • Net Operating Income $21,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,572

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6228024012
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 359.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4577.00
  • Price Per Lot Square Foot: 104.87

Multi Family

  • Gross Income: 2750.00
  • Gross Scheduled Income: 33000.00
  • Net Operating Income: 21171.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10839.00
  • Rent Control: No

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 10948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2016
Sold by
Campos Alfonso M
Bought by
Rincon Vania
Current Estimated Value
$856,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,850
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 20, 2016
Sold by
Fragoso Benjamin and Fragoso Lidia
Bought by
Campos Alfonso M
Seller's Agent
Walter De La Torre
W&D Real Estate Investments
Buyer's Agent
Walter De La Torre
W&D Real Estate Investments
List Price
$490,000
Sold Price
$470,000
Premium/Discount to List
-$20,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$352,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2001
Sold by
Orozco Avelino
Bought by
Fragoso Benjamin and Fragoso Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.88%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Orozco Heriberta
Bought by
Orozco Avelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 1997
Sold by
Us Bank National Assn
Bought by
Orozco Avelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 1997
Sold by
Guzman Amnuel and First Bank National
Bought by
First Bank National
Source: Public Records

Range of Values:

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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
Rincon Vania $475,000 Wfg National Title Company
Campos Alfonso M $470,000 Fidelity National Title
Fragoso Benjamin $195,000 United Title
Orozco Avelino -- Investors Title Company
Orozco Avelino $120,000 Investors Title Company
First Bank National $186,404 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rincon Vania $64,164
Previous Owner Rincon Vania $488,850
Previous Owner Campos Alfonso M $352,500
Previous Owner Fragoso Benjamin $100,000
Previous Owner Fragoso Benjamin $156,000
Previous Owner Orozco Avelino $36,000
Previous Owner Orozco Avelino $135,000
Closed Orozco Avelino $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $475,000 -1.0% $360 / Sq Ft
11/21/2016 11/21/16 For Sale $480,000 0.0% $364 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $480,000 0.0% $364 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/01/2016 08/01/16 Price Changed $480,000 -4.0% $364 / Sq Ft
06/28/2016 06/28/16 For Sale $500,000 +6.4% $379 / Sq Ft
02/09/2016 02/09/16 Sold $470,000 -4.1% $356 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $490,000 -- $371 / 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 $8,572 $551,272 $348,173 $203,099
2024 $8,572 $540,464 $341,347 $199,117
2023 $8,526 $529,867 $334,654 $195,213
2022 $8,161 $519,479 $328,093 $191,386
2021 $7,717 $509,294 $321,660 $187,634
2019 $7,397 $494,190 $312,120 $182,070
2018 $7,469 $484,500 $306,000 $178,500
2016 $4,541 $248,200 $67,456 $180,744
2015 $4,198 $244,473 $66,443 $178,030
2014 $4,059 $239,685 $65,142 $174,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16139917

California Regional Multiple Listing Service (CRMLS)

APN: 6228-024-012