NOT LISTED FOR SALE

6614 Heliotrope Ave Bell, CA 90201

Estimated Value: $1,132,000 - $1,214,000

2 Beds
1 Bath
3,078 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $752,000 $244 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,261/month

35 Days on Market

Highlights

  • 0.27 Acre Lot
  • Laundry Room
  • Front Yard

About This Home

As of December 2018

EXCELLENT INVESTOR OPPORTUNITY! Four unit property with the front unit 6614 consisting of 2 br/1ba. The rear of this unit has an enclosed patio built on concrete slab foundation and is currently being used as sleeping quarters. The enclosed patio is sub-standard as living area and not included in the square footage. Unit 6614 1/2 consists of 2 br/1ba. Units 6614 A & B are similar floor plans and consist of 2 br/1ba.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 10/22/2018

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Carlos Skubacz

RE/MAX 2000 License #01474295

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • 3,078 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 4533
  • Assessor Parcel Number 6327001016

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,192
  • Insurance Expense $619
  • Maintenance Expense $6,198
  • Professional Management Expense $2,542
  • Trash Expense $827
  • Water Sewer Expense $9,154
  • New Taxes Expense $11,792
  • Operating Expense $32,324
  • Gross Income $42,376
  • Net Operating Income $19,756

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 2542.00
  • Property Attached: No
  • Water Sewer Expenses: 9154.00
  • Zoning: BLR3*
  • Property Type: Residential Income
  • Gardener Expense: 1192.00
  • Parcel Number: 6327001016
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 244.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 827.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 11672.00
  • Lot Size Acres: 0.2680

Multi Family

  • Gross Income: 42376.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 619.00
  • Lot Size Area: 11672.0000 Square Feet
  • Maintenance Expense: 6198.30
  • Net Operating Income: 19756.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 22620.00
  • Rent Control: No
  • Total Expenses: 32324.30

Tax Info

  • New Taxes Expense: 11792.00
  • Tax Census Tract: 5338.04
  • Tax Lot: 16
  • Tax Tract Number: 4533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 3, 2018
Sold by
Howland Nancy and The 2006 Violet V Palmer Trust
Bought by
313 Properties Llc
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Carlos Skubacz
RE/MAX 2000
List Price
$751,900
Sold Price
$752,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,175,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,541
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Palmer Violet V and The Violet V Palmer Revocable
Bought by
Palmer Violet V and The 2006 Violet V Palmer Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
313 Properties Llc $752,000 Fidelity National Title
Palmer Violet V -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $752,000 0.0% $244 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $751,900 0.0% $244 / Sq Ft
10/25/2018 10/25/18 Off Market $752,000 -- --
10/25/2018 10/25/18 For Sale $751,900 0.0% $244 / Sq Ft
10/22/2018 10/22/18 Off Market $752,000 -- --
10/22/2018 10/22/18 For Sale $751,900 -- $244 / 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 $13,381 $838,866 $446,205 $392,661
2024 $13,381 $822,418 $437,456 $384,962
2023 $13,143 $806,293 $428,879 $377,414
2022 $12,634 $790,484 $420,470 $370,014
2021 $12,504 $774,985 $412,226 $362,759
2020 $12,561 $767,040 $408,000 $359,040
2019 $12,135 $752,000 $400,000 $352,000
2018 $2,146 $75,581 $28,849 $46,732
2016 $2,056 $72,648 $27,730 $44,918
2015 $2,026 $71,558 $27,314 $44,244
2014 $2,040 $70,157 $26,779 $43,378
Source: Public Records

Agents Affiliated with this Home

  • Ruben Martinez

    Seller's Agent in 2018

    Ruben Martinez

    Fiduciary Real Estate Services

    (714) 371-3269

    164 Total Sales

    Ruben Martinez
    Section Image
  • Logan Martinez

    Seller Co-Listing Agent in 2018

    Logan Martinez

    Fiduciary Real Estate Services

    (949) 273-8169

    165 Total Sales

    Logan Martinez
    Section Image
  • Carlos Skubacz

    Buyer's Agent in 2018

    Carlos Skubacz

    RE/MAX

    (714) 290-0936

    25 Total Sales

    Carlos Skubacz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18256575

California Regional Multiple Listing Service (CRMLS)

APN: 6327-001-016

California Los Angeles County Bell 90201

6614 Heliotrope Ave, Bell, CA

Not Listed for Sale

MultiFamily

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