NOT LISTED FOR SALE

6509 Chanslor Ave Cudahy, CA 90201

Estimated Value: $1,191,000 - $1,469,000

10 Beds
6 Baths
2,869 Sq Ft
$462/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $1,030,000 $359 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,408/month

71 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Laundry Room
  • 0.27 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of January 2021

Good income property or good size starter....live in one and rent the other two. Three large and separate homes on a huge lot - long concrete driveway leading to 4 car detached garage and enough space for more parking space allowing enough space between vehicles to avoid a scratched car. Two front units with 3 bedroom 2 bath - back unit 4 bedroom 2 bath - Indoor laundry room front unit - outdoor laundry area other two units. Huge living rooms and dining rooms in all three units - tile flooring - three separately meters, electric, gas & water - Nice and quiet area - near shopping and close to 710 Fwy & 5 Fwy.

Last Agent to Sell the Property

KARMEN MARINELARENA

REALTY MASTERS & ASSOCIATES License #01204712 Listed on: 09/23/2020

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Lillian Walsh

Pacific Properties Realty Group License #01281081

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Garden
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Gated Parking
  • Parking Lot

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,869 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, water
  • Legal Lot and Block 6 / 1
  • Tax Tract Number 10075
  • Assessor Parcel Number 6327032006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $816
  • New Taxes Expense $10,400
  • Operating Expense $816
  • Gross Income $67,584
  • Net Operating Income $67,584

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Zoning: BLR3*
  • Property Type: Residential Income
  • Parcel Number: 6327032006
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 359.01

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Rear, Garage - Single Door, Gated, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 816.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 11813.00
  • Lot Size Acres: 0.2712

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 67584.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 11813.0000 Square Feet
  • Net Operating Income: 67584.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 816.00
  • Rent Control: No
  • Total Actual Rent: 5400.00
  • Total Expenses: 816.00

Tax Info

  • New Taxes Expense: 10400.00
  • Tax Block: 1
  • Tax Census Tract: 5338.06
  • Tax Lot: 6
  • Tax Tract Number: 10075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Marquez Leopoldo
Bought by
Marquez Leopoldo and Leopoldo Marquez Living Trust
Current Estimated Value
$1,325,086

Purchase Details

Closed on
Apr 27, 2007
Sold by
Phan Nhu Quynh
Bought by
Marquez Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$286,723
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,038,363

Purchase Details

Closed on
Sep 10, 2003
Sold by
Frias Manuel
Bought by
Phan Nhu Quynh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marquez Leopoldo -- None Available
Marquez Leopoldo $760,000 Alliance Title Company
Phan Nhu Quynh $405,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Leopoldo $475,000
Previous Owner Phan Nhu Quynh $214,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $1,030,000 -4.6% $359 / Sq Ft
12/19/2020 12/19/20 For Sale $1,080,000 0.0% $376 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/14/2020 11/14/20 Pending -- -- --
10/11/2020 10/11/20 Price Changed $1,080,000 -6.1% $376 / Sq Ft
09/23/2020 09/23/20 For Sale $1,149,900 -- $401 / 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 $17,835 $1,114,903 $649,458 $465,445
2024 $17,164 $1,093,043 $636,724 $456,319
2023 $16,854 $1,071,612 $624,240 $447,372
2022 $16,184 $1,050,600 $612,000 $438,600
2021 $13,874 $883,000 $286,900 $596,100
2020 $13,206 $824,000 $267,700 $556,300
2019 $12,423 $785,000 $255,000 $530,000
2018 $11,512 $725,000 $350,000 $375,000
2016 $10,327 $630,000 $204,700 $425,300
2015 $8,496 $510,000 $165,700 $344,300
2014 $10,384 $625,000 $300,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20193928

California Regional Multiple Listing Service (CRMLS)

APN: 6327-032-006