NOT LISTED FOR SALE

6362 Arbutus Ave Huntington Park, CA 90255

Estimated Value: $891,000 - $923,000

6 Beds
3 Baths
2,020 Sq Ft
$452/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $898,000 $445 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,870/month

72 Days on Market

Highlights

  • Laundry Room
  • Linda Esperanza Marquez High School Rated A-
  • 1-Story Property

About This Home

As of August 2024

This property is Not subject to the Los Angeles Rent Control Laws (RSO) and is located in a family _friendly neighborhood close to schools, churches, shopping centers and has easy access to the 710, 110, and 105 freeway. Spacious front house with 4 bedrooms and an extra room, a large remodeled kitchen with granite countertops and lots of natural light and hard wood flooring. This will be perfect for a large family with the potential to live in front and rent the back house for extra income. The second unit was built in 2019 and is in excellent condition with one bedroom and 1 bath. This unit was built in accordance to city permits and is in compliance with the Square footage as per ASSESORS office. This newly built ADU has its own entrance through the alley with parking space and a spacious one bedroom one full bath, living room, and kitchen. Ample back yard large enough to park 7 cars and great for big families with a lot of space for kids to play. Do not miss this Duplex.

Bring your buyers. DO NOT DISTURB TENANT. The back ADU is already vacant and in ready to move in condition.

Last Agent to Sell the Property

Martin Gavilanes

MARTIN G. GAVILANES, BROKER Brokerage Phone: 626-695-7186 License #01026015 Listed on: 04/29/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,812

Year Built

  • Built in 1927

Lot Details

  • 6,757 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 7 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 22 / 8
  • Tax Tract Number 3158
  • Assessor Parcel Number 6319007026
  • $6,668 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $800
  • Insurance Expense $850
  • Trash Expense $840
  • Water Sewer Expense $1,200
  • Operating Expense $3,690
  • Net Operating Income $67,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,812

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Price Per Unit: 449000
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: HPR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6319007026
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 444.55
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6757.00
  • Lot Size Acres: 0.1551
  • Latitude Manual: 33.98154100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 800.00
  • Gross Scheduled Income: 71200.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6757.0000 Square Feet
  • Net Operating Income: 67510.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3690.00
  • Rent Control: No
  • Total Expenses: 3690.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 5331.05
  • Tax Lot: 22
  • Tax Tract Number: 3158
  • TaxOtherAnnualAssessmentAmount: 6668.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 24, 2024
Sold by
Fregoso Rosa E
Bought by
Rodarte Jose A and Najera Idalia Escobar
Seller's Agent
Martin Gavilanes
MARTIN G. GAVILANES, BROKER
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$898,000
Sold Price
$898,000
Views
33
Current Estimated Value
$912,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,065
Avg. Annual Appreciation
1.57%
Original Mortgage
$878,789
Outstanding Balance
$869,636
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$42,429

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 2, 2022
Sold by
Maribel Alvarez
Bought by
Fregoso Rosa E
Seller's Agent
Martin Gavilanes
MARTIN G. GAVILANES, BROKER
Buyer's Agent
CARLOS PEIRO
BONITA PROPERTIES
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
Nov 3, 2020
Sold by
Debueno Olga Villasenor
Bought by
Alvarez Maribel

Purchase Details

Closed on
Sep 13, 2006
Sold by
Bueno Pascual
Bought by
Debueno Olga Villasenor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Banuelos Enrique S and Trujillo Octavio
Bought by
Bueno Pascual

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Chavez Properties Llc
Bought by
Banuelos Enrique S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,350
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2004
Sold by
Chavez Alfred M and Chavez Rose Marie
Bought by
Chavez Properties Llc

Purchase Details

Closed on
Sep 18, 2003
Sold by
Chavez John G
Bought by
Chavez Alfred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
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
Rodarte Jose A $895,000 Ticor Title
Fregoso Rosa E $330,500 Ticor Title
Alvarez Maribel -- Accommodation
Debueno Olga Villasenor -- Commonwealth Land Title
Bueno Pascual $340,000 Orange Coast Title
Banuelos Enrique S $255,000 Gateway Title Company
Chavez Properties Llc -- --
Chavez Alfred M -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodarte Jose A $878,789
Previous Owner Debueno Olga Villasenor $380,000
Previous Owner Jiminez Pascual Bueno $15,000
Previous Owner Bueno Pascual $323,000
Previous Owner Banuelos Enrique S $247,350
Previous Owner Chavez Alfred M $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $898,000 0.0% $445 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $898,000 +32.1% $445 / Sq Ft
07/21/2022 07/21/22 Sold $680,000 -2.7% $443 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $699,000 +2.8% $455 / Sq Ft
05/05/2022 05/05/22 Off Market $680,000 -- --
05/04/2022 05/04/22 For Sale $630,000 -- $410 / 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 $10,812 $895,000 $630,000 $265,000
2024 $10,812 $693,600 $469,200 $224,400
2023 $16,184 $680,000 $460,000 $220,000
2022 $17,201 $775,200 $469,200 $306,000
2021 $13,496 $509,488 $289,737 $219,751
2020 $13,532 $504,265 $286,767 $217,498
2019 $13,249 $494,379 $281,145 $213,234
2018 $7,131 $484,686 $275,633 $209,053
2016 $6,297 $421,000 $240,000 $181,000
2015 $5,889 $400,000 $227,900 $172,100
2014 $5,095 $337,000 $192,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24072066

California Regional Multiple Listing Service (CRMLS)

APN: 6319-007-026