$990,000
SOLD SEP 26, 2024

6500 Lucille Ave Bell, CA 90201

3 Beds
2 Baths
3,407 Sq Ft
7,502 Sq Ft Lot

Recently Sold

$291 Per Sq Ft

18% Below List Price

237 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Bell High School Rated A-

About This Home

As of September 2024

JUST REDUCED $100,000 BY MOTIVATED SELLER
Listed for Sale by the City of Bell Housing Authority, the Property is a single-story duplex that is well-maintained and located on a well-maintained residential street just to the South of Gage Avenue. Resting on an approximate 7,405 lot, the Property is approximately
3,407 square feet and consists of two - 3BR/2BA units each with a Double Garage and Laundry Hookup.

The Seller WILL NOT VACATE any of the units to accommodate the Sale.

The Seller requires that with an offer the Buyer provide Proof of Funds and if a Loan is required, a letter from the Lender advising the amount that the Buyer qualifies for.

PLEASE NOTE THAT ALL INTERIOR INSPECTIONS ARE TO BE AFTER AN ACCEPTED OFFER AND THROUGH THE LISTING AGENT.


The Property is sold 'as-is'.

Highlights:

Long-Term Municipality Ownership
Immediate 41.7% Rental Upside or More for an Investor
Potential Family Purchase with Two Separate Units

Last Agent to Sell the Property

Luis Vazquez

Burton S. Young, Broker Brokerage Phone: 310-704-9109 License #00841513 Listed on: 12/07/2023

Last Buyer's Agent

Paul Kelly

Paul A. Kelly License #01448981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,125

Year Built

  • Built in 1985

Lot Details

  • 7,502 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 3,407 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 3782
  • Assessor Parcel Number 6324011900

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $851
  • Maintenance Expense $1,152
  • Other Expense $600
  • Professional Management Expense $847
  • New Taxes Expense $15,125
  • Operating Expense $18,575
  • Gross Income $28,800
  • Net Operating Income $9,649

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,125

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 3107049109
  • Other Phone Number: 3107049109
  • Price Per Unit: 555000
  • Professional Management Expense: 847.00
  • Property Attached: Yes
  • Zoning: BLR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6324011900
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 290.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 28800.00
  • Gross Operating Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 851.00
  • Lot Size Area: 7502.0000 Square Feet
  • Maintenance Expense: 1152.00
  • Net Operating Income: 9649.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18575.00
  • Operating Expense Percent: 64.50
  • Other Expense: 600.00
  • Other Expense Description: Utilitie
  • Rent Control: No
  • Total Expenses: 18575.00

Tax Info

  • New Taxes Expense: 15125.00
  • Tax Census Tract: 5336.02
  • Taxes Percent: 1.25
  • Tax Lot: 21
  • Tax Tract Number: 3782
  • Tax Annual Amount: 15125.00

Similar Homes in the area

  • 6210 Heliotrope Ave, Bell Gardens, CA 90201

    $1,250,000

    • 1 Bed
    • 1 Bath
    • 2,775 Sq Ft
    • 6210 Heliotrope Ave
    • Bell Gardens, CA

    A 5-unit multifamily asset located in Bell, CA, a centrally positioned, commuter-friendly city just southeast of Downtown Los Angeles. This property offers stable income with rental upside, strong tenant demand, and future flexibility for expansion or redevelopment.The property consists of five 1-bedroom / 1-bath units across two detached buildings, totaling ±2,775 SF of living space on a

    Matthew Guerra KW Executive

    Section Image
  • 5526 Clara St, Bell Gardens, CA 90201

    $1,159,500

    • 2 Beds
    • 1 Bath
    • 3,665 Sq Ft
    • 5526 Clara St
    • Bell Gardens, CA

    Great location close to 710 fwy , shoppings and Casino to enjoy so much entertainment !!!! Four separate houses each with it private patio and 2 parking spaces for each of them-3 of the units divided 1 of the bedrooms so are being used as 3 beds total - Long term tenants - 1 of the units will be delivered vacant so it's perfect also for owner occupied. Investors looking to get good

    Virginia Cassano Realty Executives All Cities

    Section Image
See All Homes in Bell

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $990,000 -10.8% $291 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $1,110,000 -8.3% $326 / Sq Ft
12/07/2023 12/07/23 For Sale $1,210,000 -- $355 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Luis Vazquez

    Burton S. Young, Broker

    Section Image
  • Paul Kelly

    Buyer's Agent in 2024

    Paul Kelly

    Paul A. Kelly

    (323) 494-3252

    1 in this area

    13 Total Sales

    Paul Kelly
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23222289

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Bell 90201

6500 Lucille Ave, Bell, CA

This home is located at 6500 Lucille Ave, Bell, CA 90201 and is currently priced at $990,000, approximately $290 per square foot. This property was built in 1985. 6500 Lucille Ave is a home located in Los Angeles County with nearby schools including Corona Avenue Elementary School, Orchard Academies 2b School, and Bell 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

Nearby Homes