NOT LISTED FOR SALE

6424 Gallant St Bell Gardens, CA 90201

Estimated Value: $1,379,000 - $1,469,000

9 Beds
5 Baths
4,205 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 11, 2013

Last sale price $570,000 $136 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $8,885/month

15 Days on Market

Highlights

  • Gated Parking
  • Tile Flooring
  • Floor Furnace
  • 0.37 Acre Lot

About This Home

As of March 2013

Great investor opportunity! This quadruplex (triplex + sfr) is located in a high rental demand area of Bell Gardens. Subject lot is spacious with ample parking including 4 garages and drive way parking. Fully gated with access from front street and back alley. Average market condition for area with some repairs required. Subject units consist of 3 units at 2 bd/1 bath & 1 unit @ 3bd/2 bath.2 units currently leased, 2 units vacant. Please DO NOT DISTURB tenants.See agent remarks for showing.

Last Agent to Sell the Property

Donna Macke

Steven Macke, Broker License #01050044 Listed on: 01/03/2013

Last Buyer's Agent

Rhea Bai

RE/MAX PREMIER/ARCADIA License #01360246

RE/MAX PREMIER/ARCADIA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,205

Year Built

  • Built in 1962

Lot Details

  • 0.37 Acre Lot
  • Property fronts an alley

Home Design

  • 4,205 Sq Ft Home
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 9 Parking Spaces
  • Combination Of Materials Used In The Driveway
  • Gated Parking

Additional Features

  • Formica Countertops
  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Tax Tract Number 10948
  • Assessor Parcel Number 6228026007

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,500
  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,205

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.85
  • Road Frontage Type: Alley
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6228026007
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 135.55

Exterior Features

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

Garage/Parking

  • Parking: No
  • Parking Features: Driveway - Combination, Gated
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 16183.00
  • Lot Size Acres: 0.3720

Multi Family

  • Average2 Bed Area: 900
  • Average3 Bed Area: 1505
  • Gross Income: 4500.00
  • Gross Multiplier: 11.96
  • Gross Scheduled Income: 54000.00
  • Net Operating Income: 37800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Operating Expense: 16200.00

Tax Info

  • Tax Area: 3237
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Tract Number: 10948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Zhang Yuxia
Bought by
Lai Danli
Current Estimated Value
$1,413,333

Purchase Details

Closed on
Mar 10, 2016
Sold by
Lai Danli
Bought by
Zhang Yuxia

Purchase Details

Listed on
Jan 3, 2013
Closed on
Feb 28, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Lai Danli
Seller's Agent
Donna Macke
Steven Macke, Broker
Buyer's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
List Price
$645,750
Sold Price
$570,000
Premium/Discount to List
-$75,750
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$342,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2011
Sold by
Contreras German Z
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 23, 2011
Sold by
Soto Contreras German Z and Soto Felix Elvia L
Bought by
Reyna Zavala Ernesto Zavala Veronica San

Purchase Details

Closed on
Sep 13, 2006
Sold by
Contreras German Z
Bought by
Soto Contreras German Z

Purchase Details

Closed on
Sep 1, 2005
Sold by
Lares Eduardo and Lares Maria Teresa
Bought by
Contreras German Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2004
Sold by
Lares Eduardo and Lares Maria Teresa
Bought by
Lares Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lai Danli -- None Listed On Document
Zhang Yuxia -- Accommodation
Lai Danli $570,000 Ticor Title Riverside
Deutsche Bank National Trust Company $460,000 None Available
Reyna Zavala Ernesto Zavala Veronica San -- None Available
Soto Contreras German Z -- None Available
Contreras German Z $782,000 North American Title Company
Lares Eduardo -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Yuxia $450,000
Previous Owner Lai Danli $342,000
Previous Owner Contreras German Z $175,000
Previous Owner Contreras German Z $600,000
Previous Owner Lares Eduardo $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Sold $570,000 -11.7% $136 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $645,750 -- $154 / 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 $14,205 $1,400,000 $800,000 $600,000
2024 $14,205 $886,679 $538,506 $348,173
2023 $13,739 $869,295 $527,948 $341,347
2022 $13,018 $852,251 $517,597 $334,654
2021 $12,523 $835,542 $507,449 $328,093
2020 $12,336 $826,975 $502,246 $324,729
2019 $12,165 $810,761 $492,399 $318,362
2018 $11,634 $794,865 $482,745 $312,120
2016 $9,223 $592,932 $312,070 $280,862
2015 $8,925 $584,027 $307,383 $276,644
2014 $8,386 $572,587 $301,362 $271,225
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donna Macke

    Steven Macke, Broker

    (714) 595-8092

    1 Total Sale

    Donna Macke
    Section Image
  • Rhea Bai

    Buyer's Agent in 2013

    Rhea Bai

    RE/MAX

    (626) 589-7958

    128 Total Sales

    Rhea Bai
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P844563

California Regional Multiple Listing Service (CRMLS)

APN: 6228-026-007

California Los Angeles County Bell Gardens 90201

6424 Gallant St, Bell Gardens, CA

This home is located at 6424 Gallant St, Bell Gardens, CA 90201 since 03 January 2013 and is currently estimated at $1,413,333, approximately $336 per square foot. This property was built in 1962. 6424 Gallant St is a home located in Los Angeles County with nearby schools including Garfield Elementary, Bell Gardens Intermediate School, and Bell Gardens High.

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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