NOT LISTED FOR SALE

656 Simmons Ave Los Angeles, CA 90022

5 Beds
5 Baths
2,100 Sq Ft
6,691 Sq Ft Lot

Last Sold October 01, 2016

Last sale price $510,000 $243 Per Sq Ft

8 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Resident Manager or Management On Site
  • All Bedrooms Downstairs
  • Bamboo Flooring
  • Laundry Room

About This Home

As of October 2016

Location, Location, Location. Great 5-1 Bedroom and 1 bath investment opportunity. Units are in good condition, needs little or no work done to them. Property is next to everything, shopping centers, schools and blocks away from city of Montebello. PLEASE, ABSOLUTLY DO NOT DISTURB TENANTS, DRIVE ONLY. SHOWING IS WITH SUBJECT TO ACCEPTED OFFER ONLY. PLEASE, FIRST HAVE YOUR BUYER GET CROSSED QUALIFIED WITH . Seller may choose to do a 1031 Exchsnge But will not affect the closing of the transaction on time. THANKS FOR SHOWING.

Last Agent to Sell the Property

HECTOR MEDINA

CENTURY 21 REALTY MASTERS License #01232606 Listed on: 07/24/2016

Last Buyer's Agent

HECTOR MEDINA

CENTURY 21 REALTY MASTERS License #01232606 Listed on: 07/24/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,691 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • West Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Fence is in average condition
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,100 Sq Ft Home
  • Window Screens
  • Fire and Smoke Detector

Flooring

  • Bamboo
  • Carpet
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 748
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342024006

Community Details

Overview

  • Master Insurance
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $20
  • Insurance Expense $1,617
  • Professional Management Expense $3,000
  • Trash Expense $1,620
  • Water Sewer Expense $1,284
  • New Taxes Expense $5,884
  • Gross Income $4,600
  • Net Operating Income $37,895

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Security: Resident Manager, Smoke Detector(s)
  • Water Sewer Expenses: 1284.00
  • Property Type: Residential Income
  • Parcel Number: 6342024006
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Unfurnished
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Bamboo, Carpet, Stone, Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 242.86
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fencing: Average Condition, Block, Partial
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Trash Expense: 1620.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Insurance, Management, Sewer, Trash
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 6691.00
  • Price Per Lot Square Foot: 76.22

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 20.00
  • Gross Income: 4600.00
  • Gross Scheduled Income: 48300.00
  • Insurance Expense: 1617.00
  • Net Operating Income: 37895.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 10405.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5884.00
  • Tax Lot: 748
  • Tax Tract Number: 5445

Range of Values:

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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
10/01/2016 10/01/16 Sold $510,000 0.0% $243 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/24/2016 07/24/16 For Sale $510,000 -- $243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    HECTOR MEDINA

    CENTURY 21 REALTY MASTERS

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16163205

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90022

656 Simmons Ave, Los Angeles, CA

This home is located at 656 Simmons Ave, Los Angeles, CA 90022 since 24 July 2016. This property was built in 1948. 656 Simmons Ave is a home located in Los Angeles County with nearby schools including Joseph A. Gascon Elementary School, Eastmont Intermediate School, and Schurr 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

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