NOT LISTED FOR SALE

6320 Rita Ave Unit A Huntington Park, CA 90255

Estimated Value: $1,013,000 - $1,231,000

6 Beds
3 Baths
3,450 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $696,000 $202 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,733/month

1 Day on Market

Highlights

  • No HOA
  • Linda Esperanza Marquez High School Rated A-
  • Rectangular Lot

About This Home

As of March 2018

Value priced investment opportunity. Four units, live in one, collect from three!

Last Agent to Sell the Property

Annie Reed

Pinnacle Real Estate Group License #01894384 Listed on: 02/05/2018

Pinnacle Real Estate Group

Last Buyer's Agent

Richard Reed

Pinnacle Real Estate Group License #01906230

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,383

Year Built

  • Built in 1923

Lot Details

  • 7,807 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,450 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 41123
  • Assessor Parcel Number 6320029003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • Fuel Expense $489
  • Insurance Expense $1,466
  • Maintenance Expense $8,867
  • Professional Management Expense $3,330
  • Trash Expense $2,316
  • Water Sewer Expense $1,794
  • New Taxes Expense $9,315
  • Operating Expense $27,088
  • Gross Income $55,500
  • Net Operating Income $27,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,383

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 4.14
  • Price Per Unit: 168750
  • Professional Management Expense: 3330.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1794.00
  • Zoning: HPCP*
  • Property Type: Residential Income
  • Parcel Number: 6320029003
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 201.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2316.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 7807.00

Multi Family

  • Fuel Expense: 489.00
  • Gross Income: 55500.00
  • Gross Multiplier: 12.16
  • Gross Scheduled Income: 55500.00
  • Insurance Expense: 1466.00
  • Maintenance Expense: 8867.00
  • Net Operating Income: 27923.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27577.00
  • Rent Control: No
  • Total Actual Rent: 4625.00
  • Total Expenses: 27088.00

Tax Info

  • New Taxes Expense: 9315.00
  • Tax Census Tract: 5326.05
  • Tax Lot: 4
  • Tax Tract Number: 41123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Popa Mike and Popa Alison
Bought by
Popa Properties Llc
Current Estimated Value
$1,087,028

Purchase Details

Listed on
Feb 5, 2018
Closed on
Feb 8, 2018
Sold by
Xing Liu Ching Chi and Xing Wei
Bought by
Popa Mike and Popa Alison
Seller's Agent
Annie Reed
Pinnacle Real Estate Group
Buyer's Agent
Richard Reed
Pinnacle Real Estate Group
List Price
$675,000
Sold Price
$696,000
Premium/Discount to List
$21,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$522,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Tristream Management Llc
Bought by
Xing Liu Ching Chi and Xing Wei

Purchase Details

Closed on
Feb 3, 2011
Sold by
Perez Pedro
Bought by
Tristream Management Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Perez Griselda
Bought by
Perez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Farias Juvenal and Farias Ofelia
Bought by
Perez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Farias Juvenal and Farias Adriana
Bought by
Farias Juvenal and Farias Ofelia

Purchase Details

Closed on
Apr 5, 2003
Sold by
Briscoe Diane and The Vantilborg Living Trust
Bought by
Farias Juvenal and Farias Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Vantilborg Emma Blanche
Bought by
Vantilborg Emma Blanche and Vantilborg Living Trust
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
Popa Properties Llc -- Accommodation/Courtesy Recordi
Popa Mike $696,000 Lawyers Title Company
Xing Liu Ching Chi $400,000 Advantage Title Inc
Tristream Management Llc $290,300 None Available
Perez Pedro -- Ticor Title Co Glendale
Perez Pedro $640,000 Ticor Title Co Glendale
Farias Juvenal -- --
Farias Juvenal $358,000 United Title Company
Vantilborg Emma Blanche -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Popa Mike $522,000
Previous Owner Perez Pedro $500,000
Previous Owner Farias Juvenal $322,200
Closed Perez Pedro $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2018 03/22/18 Sold $696,000 0.0% $202 / Sq Ft View Prior Sale
03/22/2018 03/22/18 Sold $696,000 +3.1% $202 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/06/2018 02/06/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $675,000 0.0% $196 / Sq Ft
02/05/2018 02/05/18 For Sale $675,000 -- $196 / 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 $12,383 $791,923 $375,481 $416,442
2024 $12,383 $776,396 $368,119 $408,277
2023 $12,158 $761,173 $360,901 $400,272
2022 $11,631 $746,249 $353,825 $392,424
2021 $11,463 $731,618 $346,888 $384,730
2020 $11,508 $724,118 $343,332 $380,786
2019 $11,194 $709,920 $336,600 $373,320
2018 $7,379 $441,556 $303,571 $137,985
2016 $7,023 $424,412 $291,784 $132,628
2015 $6,904 $418,038 $287,402 $130,636
2014 $6,887 $409,851 $281,773 $128,078
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Annie Reed

    Pinnacle Real Estate Group

    (626) 226-7862

    5 Total Sales

    Annie Reed
    Section Image
  • Richard Reed

    Buyer's Agent in 2018

    Richard Reed

    Pinnacle Real Estate Group

    (626) 538-5116

    9 Total Sales

    Richard Reed
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18027039

California Regional Multiple Listing Service (CRMLS)

APN: 6320-029-003

California Los Angeles County Huntington Park 90255

6320 Rita Ave Unit A, Huntington Park, CA

This home is located at 6320 Rita Ave Unit A, Huntington Park, CA 90255 since 05 February 2018 and is currently estimated at $1,087,028, approximately $315 per square foot. This property was built in 1923. 6320 Rita Ave Unit A is a home located in Los Angeles County with nearby schools including Miles Avenue Elementary School, Henry T. Gage Middle School, and Huntington Park Senior High School.

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

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