NOT LISTED FOR SALE

6713 Marbrisa Ave Huntington Park, CA 90255

Estimated Value: $992,000 - $1,287,000

8 Beds
4 Baths
4,147 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $703,000 $170 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,246/month

14 Days on Market

Highlights

  • No HOA
  • Linda Esperanza Marquez High School Rated A-
  • Wall Furnace

About This Home

As of November 2016

4 Large Units with Great Potential for Rental Income, NO RENT CONTROL AREA. All are Oversized 2 Bedroom 1 Bath Units. Remodeled and Ready for an Owner Occupant and or an Investor to set their own rents and contracts. The front units are oversized with Dinning Area, washer dryer hook ups, built in cabinets, fireplace. Top unit is larger and could be a 3-Bedroom unit if needed. Rear units are newer construction than front units with attached 5 car Garages. Rear units have an open floor plan with Dinning area that leads to a Peninsula/Island Kitchen area. Great Units!!! FHA/VA Ok.

Last Agent to Sell the Property

Mike Medina

California Properties & Realty License #01463714 Listed on: 08/09/2016

Last Buyer's Agent

Mike Medina

California Properties & Realty License #01463714 Listed on: 08/09/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,833

Year Built

  • Built in 1914

Lot Details

  • 7,942 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,147 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5331
  • Assessor Parcel Number 6321025001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,062
  • Gross Income $6,000
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,833

Year Built

Built in 1914

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1500.00
  • Zoning: HPR3YY
  • Property Type: Residential Income
  • Parcel Number: 6321025001
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 169.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7942.00
  • Price Per Lot Square Foot: 94.43

Multi Family

  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 64800.00
  • 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: 13762.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9062.00
  • Tax Lot: 1
  • Tax Tract Number: 5331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 21, 2016
Sold by
Gonzalez Adolfo and Adolfo Gonzalez Revocable Trus
Bought by
Chavez Cris Andas
Seller's Agent
Mike Medina
California Properties & Realty
Buyer's Agent
Mike Medina
California Properties & Realty
List Price
$750,000
Sold Price
$703,000
Premium/Discount to List
-$47,000
-6.27%
Current Estimated Value
$1,133,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,655
Avg. Annual Appreciation
5.00%
Original Mortgage
$520,220
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Gonzalez Adolfo
Bought by
Gonzalez Adolfo and Adolfo Gonzalez Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Gonzalez Adolfo and Adolfo Gonzalez Revocable Trus
Bought by
Gonzalez Adolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2000
Sold by
Gonzalez Adolfo and Gonzalez Leonor
Bought by
Gonzalez Adolfo and The Adolfo Gonzalez Revocable
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
Chavez Cris Andas $703,000 Ortc
Gonzalez Adolfo -- --
Gonzalez Adolfo -- Southland Title
Gonzalez Adolfo -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Cris Andas $519,300
Closed Chavez Cris Andas $520,220
Previous Owner Gonzalez Adolfo $163,000
Previous Owner Gonzalez Adolfo $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $703,000 -6.3% $170 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $750,000 -- $181 / 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 $12,833 $815,887 $444,501 $371,386
2024 $12,833 $799,890 $435,786 $364,104
2023 $12,602 $784,207 $427,242 $356,965
2022 $12,059 $768,831 $418,865 $349,966
2021 $11,882 $753,756 $410,652 $343,104
2019 $11,497 $731,601 $398,473 $333,128
2018 $11,239 $717,260 $390,660 $326,600
2016 $2,048 $68,290 $25,034 $43,256
2015 $2,010 $67,265 $24,658 $42,607
2014 $2,012 $65,948 $24,175 $41,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16174644

California Regional Multiple Listing Service (CRMLS)

APN: 6321-025-001