NOT LISTED FOR SALE

6518 Pine Ave Bell, CA 90201

Estimated Value: $764,000 - $992,000

5 Beds
3 Baths
1,946 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $480,000 $247 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,361/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Bell High School Rated A-
  • Laundry Room
  • 4-minute walk to Treder Park

About This Home

As of September 2016

GREAT OPPORTUNITY TO OWN A TRIPLEX INVESTMENT PROPERTY. THIS property has a front house 3 bedrooms 1 bath, and two one bedroom
1 bath in the back. Property sits on a 6,972 square foot lot.
This property is near schools , stores , restaurants and parks.

Property is under section 8
and is being sold as " IS " condition.

BY APPOINTMENT ONLY...... BIG PRICE REDUCTION !!!!!!!!!! BRING IN AN OFFER.......

Last Agent to Sell the Property

Fidel Castaneda

HOMERICA REALTY License #01802872 Listed on: 06/06/2016

Last Buyer's Agent

Tony Verdugo

Centerpointe Real Estate License #01242387

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,860

Year Built

  • Built in 1952

Lot Details

  • 6,972 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Land Lease

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,946 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

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

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 4213
  • Assessor Parcel Number 6325018003

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,012
  • Trash Expense $140
  • Water Sewer Expense $1,440
  • New Taxes Expense $7,187
  • Operating Expense $10,879
  • Gross Income $1,894
  • Net Operating Income $21,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,860

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1440.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6325018003
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 246.66

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Trash Expense: 140.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6972.00
  • Price Per Lot Square Foot: 82.47

Multi Family

  • Gross Income: 1894.00
  • Gross Scheduled Income: 22728.00
  • Insurance Expense: 2012.00
  • Net Operating Income: 21728.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 10879.00

Tax Info

  • New Taxes Expense: 7187.00
  • Tax Lot: 41
  • Tax Tract Number: 4213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2016
Sold by
Hyde Roger E and Rachuy Melinda L
Bought by
Medina Ricardo M and Llanas Adella A
Current Estimated Value
$877,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Interest Rate
4.62%
Mortgage Type
FHA
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
Medina Ricardo M $480,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Ricardo M $471,306
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $480,000 -5.0% $247 / Sq Ft
09/14/2016 09/14/16 Price Changed $505,000 -12.2% $260 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $575,000 -- $295 / 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 $8,860 $557,074 $336,567 $220,507
2024 $8,860 $546,152 $329,968 $216,184
2023 $8,702 $535,445 $323,499 $211,946
2022 $8,363 $524,947 $317,156 $207,791
2021 $8,275 $514,655 $310,938 $203,717
2020 $8,310 $509,639 $307,750 $201,889
2019 $8,028 $499,652 $301,716 $197,936
2018 $7,865 $489,860 $295,800 $194,060
2016 $1,572 $55,661 $20,273 $35,388
2015 $1,549 $54,826 $19,969 $34,857
2014 $1,559 $53,753 $19,578 $34,175
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Fidel Castaneda

    HOMERICA REALTY

    Section Image
  • Tony Verdugo

    Buyer's Agent in 2016

    Tony Verdugo

    Centerpointe Real Estate

    (562) 587-0230

    44 Total Sales

    Tony Verdugo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16136465

California Regional Multiple Listing Service (CRMLS)

APN: 6325-018-003

California Los Angeles County Bell 90201

6518 Pine Ave, Bell, CA

Not Listed for Sale

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