Alberto A Romero Meza
Good Opportunity Company Inc.
(213) 214-2940
8 Total Sales
1 in Bell
$549,999 Price
14
Beds
9
Baths
7,194
Sq Ft
0.38
Acre Lot
Highlights
- No Units Above
- Quartz Countertops
- Recessed Lighting
- 0.38 Acre Lot
- No HOA
- Accessible Parking
About This Home
As of October 2024An amazing 7-unit, multi-family property in Bell, with large units, five structures all spread out on a huge lot. The unit mix includes three 2 bedroom, 1 bathroom units as well as two 2 bedroom, 2 bathroom units and one 3 bedroom, 1 bathroom house single story built in 1947. There is also a brand new, 1 bedroom, 1 bathroom ADU. The 2 bedroom 2 bathroom plus laundry room which is the front house was built in 1936, while the other five units were constructed in 1990 (and the ADU is brand new). The complex features 2 two car garages, 3 one car garages and several surface parking spots. Owners have paid for 3 new roofs on the Townhome units within the last 2-2.5 years. Owners also purchased new laundry equipment which is about 12 months old and is included in purchase.
Owners delivering near a 6% cap rate with another 2 units recently rented and renovated, so very profitable and financing is available with 40%-
50% down payment at 6.0% Fixed rate for 5 years with 30 year amortization.
Three of the six original units have been completely modernized and owners delivering 2 more units ( mentioned above). Renovations include; new bathrooms & kitchens & counters with completely new paint light fixtures new vinyl plank floors, copper-plumbing, fixtures and HVAC. The new ADU is a standalone structure ( garage conversion) and has been completed and approved with certificate of occupancy from the city.
ADU square footage does not yet show in public records. Unit square footages listed are averages only. Buyer must confirm all unit types, counts, and square footage dimensions.
Last Agent to Sell the Property
TR Wealth Management Inc. Brokerage Phone: 310-919-7554 License #00986020 Listed on: 08/31/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947 | Remodeled
Lot Details
- 16,365 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Density is 16-20 Units/Acre
Parking
- 10 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Two Garage Doors
Home Design
- Property Attached
- Entry on the 1st floor
- Additions or Alterations
- Shingle Roof
- Stucco
Interior Spaces
- 7,194 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Vinyl Flooring
- Quartz Countertops
Bedrooms and Bathrooms
- 14 Bedrooms
- 9 Bathrooms
Additional Features
- Accessible Parking
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Tax Tract Number 2658
- Assessor Parcel Number 6326011013
- $1,728 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Electric Expense $368
- Gardener Expense $1,200
- Insurance Expense $5,396
- Maintenance Expense $4,211
- Other Expense $483
- Pest Control $700
- Professional Management Expense $11,049
- Trash Expense $1,000
- Water Sewer Expense $3,700
- New Taxes Expense $32,513
- Operating Expense $60,137
- Gross Income $207,105
- Net Operating Income $140,754
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2024
Closed on
Oct 17, 2024
Sold by
Bluefin Re Equity Lp
Bought by
Seller's Agent
Bill Mulkey
TR Wealth Management Inc.
Buyer's Agent
EZEQUIEL ACEVES
GUY HOCKER REALTORS
List Price
$2,475,000
Sold Price
$2,435,000
Premium/Discount to List
-$40,000
-1.62%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Outstanding Balance
$1,048,460
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2020
Closed on
Aug 18, 2020
Sold by
Crlsan George and Crlsan Edlna B
Bought by
Bluefin Re Equity Lp
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Bill Mulkey
TR Wealth Management Inc.
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$945,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 12, 2012
Sold by
Sezonov Holdings Llc
Bought by
George Crisan and George Edina Buo
Purchase Details
Closed on
Mar 14, 2011
Sold by
Crisan George and Crisan Edina B
Bought by
Sezonov Holdings Llc
Purchase Details
Closed on
May 15, 1998
Sold by
Crisan George
Bought by
Crisan George and Crisan Edina B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 14, 1994
Sold by
Stefan Slev Alexandria
Bought by
Crisan George
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bell, CA
-
Alberto A Romero Meza
-
Michele Brown
Michele Brown
Keller Williams Realty
(844) 977-3032
32 Total Sales
1 in Bell
$620,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
170 Total Sales
1 in Bell
$750,000 Price
-
Darlene Stinson
Darlene Stinson
Responds QuicklyT.N.G. Real Estate Consultants
(949) 596-7658
52 Total Sales
2 in Bell
$626,000 Price Range
-
Scott Underwood
Scott Underwood
Meadowbrook Realty
(424) 785-0908
26 Total Sales
1 in Bell
$820,000 Price
-
Noemy Arellano
Noemy Arellano
Vida Realty
(657) 216-9210
73 Total Sales
1 in Bell
$963,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,435,000 | Fidelity National Title | ||
| Bluefin Re Equity Lp | $1,400,000 | Ticor Title | |
| George Crisan | -- | None Available | |
| Sezonov Holdings Llc | -- | None Available | |
| Crisan George | -- | Southland Title Corporation | |
| Crisan George | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,070,000 | ||
| Previous Owner | Bluefin Re Equity Lp | $1,137,500 | |
| Previous Owner | Bluefin Re Equity Lp | $945,000 | |
| Previous Owner | Revocab George | $249,906 | |
| Previous Owner | Crisan George | $250,000 | |
| Previous Owner | Crisan George | -- | |
| Previous Owner | Crisan George | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2024 10/23/24 | Sold | $2,435,000 | -1.6% | $338 / Sq Ft | |
| 08/31/2024 08/31/24 | Pending | -- | -- | -- | |
| 08/31/2024 08/31/24 | For Sale | $2,475,000 | +73.7% | $344 / Sq Ft | |
| 08/24/2020 08/24/20 | Sold | $1,425,000 | -1.7% | $226 / Sq Ft | View Prior Sale |
| 06/10/2020 06/10/20 | Pending | -- | -- | -- | |
| 03/13/2020 03/13/20 | For Sale | $1,450,000 | -- | $230 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $38,846 | $2,483,700 | $1,326,000 | $1,157,700 |
| 2025 | $38,846 | $2,435,000 | $1,300,000 | $1,135,000 |
| 2024 | $24,295 | $1,485,690 | $848,966 | $636,724 |
| 2023 | $23,032 | $1,456,560 | $832,320 | $624,240 |
| 2022 | $22,835 | $1,428,000 | $816,000 | $612,000 |
| 2021 | $22,597 | $1,400,000 | $800,000 | $600,000 |
| 2020 | $14,168 | $803,946 | $401,973 | $401,973 |
| 2019 | $13,715 | $788,184 | $394,092 | $394,092 |
| 2018 | $13,357 | $772,730 | $386,365 | $386,365 |
| 2016 | $13,058 | $742,726 | $371,363 | $371,363 |
| 2015 | $12,860 | $731,570 | $365,785 | $365,785 |
| 2014 | $12,829 | $717,240 | $358,620 | $358,620 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Mulkey
Seller's Agent in 2024
Bill Mulkey
TR Wealth Management Inc.
(310) 919-7554
14 Total Sales
-
EZEQUIEL ACEVES
Buyer's Agent in 2024
EZEQUIEL ACEVES
GUY HOCKER REALTORS
(310) 951-8679
22 Total Sales
-
Steve Bogoyevac
SB
Seller's Agent in 2020
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(424) 405-3826
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24181058
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.
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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