NOT LISTED FOR SALE

6703 1/2 Otis Ave Bell, CA 90201

Estimated Value: $725,000 - $951,000

5 Beds
2 Baths
1,300 Sq Ft
$622/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $485,000 $373 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,985/month

60 Days on Market

Highlights

  • 2 Car Garage
  • Bell High School Rated A-
  • 1-Story Property

About This Home

As of December 2015

Great owner user property with potential for future development for multiunit apartment building or townhouses. 2 separate unit located in City of Bell. Each unit has its own yard with long driveway leads to 2 private garages. both tenants are on month to month rental agreement. Interior of the units will be shown with an accepted offer. Please DO NOT DISTURB TENANTS, drive-by ONLY.

Last Agent to Sell the Property

Shah Noorvash

Coldwell Banker Realty License #00695525 Listed on: 06/22/2015

Coldwell Banker Realty

Last Buyer's Agent

Olga Ramirez

License #01302738

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,997

Year Built

  • Built in 1925

Lot Details

  • 8,070 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6325-008-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,997

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1300
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 380.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 100000
  • Assessed Land Value: 200000
  • Assessor Parcel Number: 6325-008-006
  • Geocode Override: No
  • Lot Size Area: 8070

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 2
  • Total Annual Expense: 5000
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Ghacham Ali D
Bought by
Ghacham Ali D and Ghacham Diana Hassan
Current Estimated Value
$809,054

Purchase Details

Closed on
Aug 13, 2015
Sold by
Nava Real Estate
Bought by
Ghacham Ali D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2015
Sold by
Ghacham Diana
Bought by
Ghacham Ali D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2014
Sold by
Nowain Jamshid and Nowain Farshid
Bought by
Nava Real Estate Llc

Purchase Details

Closed on
Dec 5, 2013
Sold by
Friedman Anita
Bought by
Nowain Jamshid and Nowain Farshid

Purchase Details

Closed on
Nov 5, 2008
Sold by
Friedman Anita and Estate Of Martin Bruckstein
Bought by
Friedman Anita
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ghacham Ali D -- First American Title Company
Ghacham Ali D $485,000 Chicago Title Company
Ghacham Ali D -- Chicago Title Company
Nava Real Estate Llc -- None Available
Nowain Jamshid $300,000 None Available
Friedman Anita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghacham Ali D $334,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2015 12/03/15 Sold $485,000 -2.0% $373 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $495,000 -- $381 / Sq Ft
Source: The MLS

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 $8,997 $574,134 $402,487 $171,647
2024 $8,997 $562,878 $394,596 $168,282
2023 $8,836 $551,842 $386,859 $164,983
2022 $8,488 $541,023 $379,274 $161,749
2021 $8,406 $530,416 $371,838 $158,578
2020 $8,445 $524,978 $368,026 $156,952
2019 $5,484 $329,671 $219,781 $109,890
2018 $5,322 $323,208 $215,472 $107,736
2016 $5,235 $310,659 $207,106 $103,553
2015 $5,154 $305,994 $203,996 $101,998
2014 $5,139 $300,000 $200,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Shah Noorvash

    Seller's Agent in 2015

    Shah Noorvash

    Coldwell Banker Realty

    (310) 777-6200

    29 Total Sales

    Shah Noorvash
    Section Image

  • O

    Buyer's Agent in 2015

    Olga Ramirez

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Map

Source: The MLS

MLS Number: 15-917355

The MLS

APN: 6325-008-006

California Los Angeles County Bell 90201

6703 1/2 Otis Ave, Bell, CA

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