NOT LISTED FOR SALE

6406 Florence Ave Bell Gardens, CA 90201

Estimated Value: $1,002,759

1 Bed
1 Bath
3,207 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2014

Last sale price $550,000 $171 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,260 / mo

100 Days on Market

About This Home

As of November 2014

MIX USE PROPEERTY IN THE BEST AREA OF BELL GARDENS. BARBER SHOP AND FABRIC STORE BUSINESS IS NOT INCLUDED +ON SALES PRICE. LONG TERM TENANT WITH ONLY ON LEASE EXPERING IN 2015 ALL OTHERS ARE MONTH TO MONTH.

Last Agent to Sell the Property

Orlando Pech

Coldwell Banker Envision License #00837242 Listed on: 07/15/2014

Last Buyer's Agent

Orlando Pech

Coldwell Banker Envision License #00837242 Listed on: 07/15/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,201 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 8 Parking Spaces

Home Design

  • 3,207 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 03
  • Tax Tract Number 11319
  • Assessor Parcel Number 6228017003

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,520
  • Trash Expense $800
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,265
  • Net Operating Income $42,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

9,201 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6228017003
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 171.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9201.00
  • Lot Size Acres: 0.2110

Multi Family

  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1520.00
  • Lot Size Area: 9201.0000 Square Feet
  • Net Operating Income: 42100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 5900.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7265.00
  • Tax Lot: 03
  • Tax Tract Number: 11319
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2015
Sold by
Security Fse Two Hundred & Twenty Nine I
Bought by
Ruballos Fernando Antonio
Current Estimated Value
$1,002,759

Purchase Details

Listed on
Jul 15, 2014
Closed on
Nov 10, 2014
Sold by
Hernandez Arturo P and Hernandez Eva M
Bought by
Security E S E Two Hundred & Twenty Nine
Seller's Agent
Orlando Pech
Coldwell Banker Envision
Buyer's Agent
Orlando Pech
Coldwell Banker Envision
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$440,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2012
Sold by
Hernandez Arturo Pena and Hernandez Eva Munoz
Bought by
Hernandez Arturo P and Hernandez Eva M

Purchase Details

Closed on
Jan 31, 2009
Sold by
Hernandez Arturo Pena and Hernandez Eva Munoz
Bought by
Hernandez Arturo Pena and Hernandez Eva Munoz

Purchase Details

Closed on
May 4, 1994
Sold by
Hernandez Arturo P and Hernandez Eva M
Bought by
Hernandez Arturo Pena and Hernandez Eva Munoz
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
Ruballos Fernando Antonio -- None Available
Security E S E Two Hundred & Twenty Nine $550,000 Accommodation
Hernandez Arturo P -- None Available
Hernandez Arturo Pena -- None Available
Hernandez Arturo Pena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Security E S E Two Hundred & Twenty Nine $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2014 11/20/14 Sold $550,000 -6.6% $171 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $589,000 -- $184 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,884 $661,006 $336,514 $324,492
2024 $10,884 $648,046 $329,916 $318,130
2023 $10,817 $635,341 $323,448 $311,893
2022 $10,357 $622,884 $317,106 $305,778
2021 $9,778 $610,672 $310,889 $299,783
2019 $9,379 $592,562 $301,669 $290,893
2018 $9,362 $580,944 $295,754 $285,190
2016 $8,902 $558,387 $284,270 $274,117
2015 $8,267 $550,000 $280,000 $270,000
2014 $3,933 $177,564 $106,542 $71,022
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14149991

California Regional Multiple Listing Service (CRMLS)

APN: 6228-017-003

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