NOT LISTED FOR SALE

6516 Crafton Ave Bell, CA 90201

Estimated Value: $1,001,000 - $1,376,000

7 Beds
4 Baths
2,774 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $715,000 $258 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,358/month

20 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 4-minute walk to Veterans' Memorial Park

About This Home

As of December 2016

EXCELLENT OPPORTUNITY....3 Units Located in Prime area of City of Bell, Fully Occupied. Perfect Rental Area, Mixed with Single Family Homes. The Units are move in ready. Perfect Owner Occupied The One Level Front House that Features 3 Bedrooms 2 Baths, 2 Rear Units that Consist of 2 Bedrooms 1 Bath Each, These two units have Central Air and Per seller, they were built in 2007 and Front House Completely Rebuilt the same year, Community Laundry Room in the Premises. Each Unit has its own 2 Car Attached Garage. Property is Fenced in and with Gated Security Door. This Property is within Walking Distance to Park, School, Transportation and Shopping....DO NOT DISTURB TENANTS, Drive By Only....Write Your Offer Subject To Inspection.

Last Agent to Sell the Property

Connie Berduo

COLDWELL BANKER ALLIANCE License #01187353 Listed on: 10/22/2016

COLDWELL BANKER ALLIANCE

Last Buyer's Agent

Connie Berduo

COLDWELL BANKER ALLIANCE License #01187353 Listed on: 10/22/2016

COLDWELL BANKER ALLIANCE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,590 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • 2,774 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 14157
  • Assessor Parcel Number 6327029007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $920
  • Trash Expense $492
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,750
  • Gross Income $58,200
  • Net Operating Income $47,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6327029007
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 257.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 492.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 7590.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 58200.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 920.00
  • Net Operating Income: 47788.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10212.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Lot: 7
  • Tax Tract Number: 14157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2018
Sold by
Luong Kristian
Bought by
Sierra Llc
Current Estimated Value
$1,197,044

Purchase Details

Closed on
Oct 11, 2017
Sold by
Huyng Ken
Bought by
Luong Kristian

Purchase Details

Listed on
Oct 22, 2016
Closed on
Nov 4, 2016
Sold by
Ancheta Alfonso V and Ancheta Rosalinda B
Bought by
Huynh Ken and Lluong Kristian
Seller's Agent
Connie Berduo
COLDWELL BANKER ALLIANCE
Buyer's Agent
Connie Berduo
COLDWELL BANKER ALLIANCE
List Price
$698,000
Sold Price
$715,000
Premium/Discount to List
$17,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$528,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2007
Sold by
Ancheta Alfonso V
Bought by
Ancheta Alfonso V and Ancheta Rosalinda B

Purchase Details

Closed on
Feb 1, 2006
Sold by
Ancheta Alfonso V and Ancheta Rosalinda B
Bought by
Ancheta Alfonso V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2004
Sold by
Ancheta Alfonso V and Ancheta Rosalinda B
Bought by
Ancheta Alfonso V and Ancheta Rosalinda B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sierra Llc -- Accommodation
Luong Kristian -- Accommodation
Huynh Ken $715,000 Wfg Title Company
Ancheta Alfonso V -- None Available
Ancheta Alfonso V -- Security Union Title Ins Co
Ancheta Alfonso V -- Security Union Title Ins Co
Ancheta Alfonso V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Ken $528,750
Previous Owner Ancheta Alfonso V $290,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Sold $715,000 +2.4% $258 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/22/2016 10/22/16 For Sale $698,000 -- $252 / 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 $13,034 $836,633 $351,385 $485,248
2024 $13,034 $820,230 $344,496 $475,734
2023 $12,800 $804,148 $337,742 $466,406
2022 $12,294 $788,381 $331,120 $457,261
2021 $12,168 $772,924 $324,628 $448,296
2020 $12,225 $765,000 $321,300 $443,700
2019 $11,715 $743,886 $312,120 $431,766
2018 $11,538 $729,300 $306,000 $423,300
2016 $6,457 $376,234 $71,386 $304,848
2015 $6,356 $370,583 $70,314 $300,269
2014 $6,340 $363,325 $68,937 $294,388
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Connie Berduo

    COLDWELL BANKER ALLIANCE

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16732054

California Regional Multiple Listing Service (CRMLS)

APN: 6327-029-007

California Los Angeles County Bell 90201

6516 Crafton Ave, Bell, CA

Not Listed for Sale

MultiFamily

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