NOT LISTED FOR SALE

6801 Otis Ave Bell, CA 90201

Estimated Value: $735,854 - $834,000

1 Bed
1 Bath
1,600 Sq Ft
$496/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $458,000 $286 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,833/month

25 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Bell High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of November 2017

Amazing opportunity to own this beautiful Duplex in the City of Bell. This property is in great condition and conveniently located minutes away from major freeways, Bicycle casino, shopping centers and schools. Each unit has one bedroom, one bathroom, laundry and individual garage. Great rental area, no rent control. Newer roof and exterior paint. Very little maintenance is required. Move in condition, no repairs required. Unbelievable opportunity for first time home buyers or investors. This property won't last. Units include 6801 and 6803

Last Agent to Sell the Property

David Lau

Davidson Estates and Homes License #01291254 Listed on: 08/30/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,189

Year Built

  • Built in 1928

Lot Details

  • 4,157 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Entry on the 2nd floor

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 6325030011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,189

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: BLR3YY
  • Property Type: Residential Income
  • Parcel Number: 6325030011
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 286.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 4157.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 950.00

Tax Info

  • Tax Census Tract: 5336.03
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 27, 2017
Sold by
Smith James F and Smith Anita H
Bought by
Corcoran James R
Seller's Agent
David Lau
Davidson Estates and Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$447,500
Sold Price
$458,000
Premium/Discount to List
$10,500
2.35%
Current Estimated Value
$792,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,964
Avg. Annual Appreciation
7.12%
Original Mortgage
$389,300
Outstanding Balance
$325,262
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$467,702

Purchase Details

Closed on
Dec 7, 1993
Sold by
Smith James F
Bought by
Smith James F and Smith Anita H
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
Corcoran James R $458,000 Provident Title Company
Smith James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran James R $389,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2017 11/07/17 Sold $458,000 +2.3% $286 / Sq Ft
09/24/2017 09/24/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $447,500 -- $280 / 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 $8,189 $521,121 $227,563 $293,558
2024 $8,189 $510,903 $223,101 $287,802
2023 $8,485 $500,886 $218,727 $282,159
2022 $8,156 $491,066 $214,439 $276,627
2021 $8,155 $481,438 $210,235 $271,203
2019 $7,418 $467,160 $204,000 $263,160
2018 $7,438 $458,000 $200,000 $258,000
2017 $1,154 $39,446 $17,295 $22,151
2016 $1,121 $38,673 $16,956 $21,717
2015 $1,105 $38,093 $16,702 $21,391
2014 $1,111 $37,347 $16,375 $20,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17209665

California Regional Multiple Listing Service (CRMLS)

APN: 6325-030-011