NOT LISTED FOR SALE

6809 Vinevale Ave Bell, CA 90201

27 Beds
25 Baths
11,424 Sq Ft
0.56 Acre Lot

Sale Details

Date Sold: October 28, 2022

Last sale price $4,250,000 $372 Per Sq Ft

74 Days on Market

Highlights

  • 0.56 Acre Lot
  • Traditional Architecture
  • Enclosed Patio or Porch

About This Home

As of October 2022

The Vinevale Townhomes is a pride of ownership 13-unit property in the city of Bell, a non-rent control city. A 3-bedroom detached home is located at the front of the property while the remaining 12 units are 2-story townhomes, each 2-bed 1.5-bath. The property is extremely clean with private fenced yards for each unit and ample parking, all situated on a half-acre+ lot. All units measure approximately 875-900sf and are separately metered for gas and electricity. Located around the corner from Bell Elementary and High Schools. Estimated 21% upside in rents and a 5%+ cap rate at market. WalkScore of 74. Subject to AB 1482.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 06/13/2022

Last Buyer's Agent

Sevak Keshishian

Marcus & Millichap License #01887505

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 0.56

Home Design

  • Traditional Architecture

Interior Spaces

  • 11,424 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 25 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Parking

  • 26 Parking Spaces
  • Shared Driveway
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • 24,330 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6326-022-015

Community Details

Overview

  • 5 Buildings
  • 13 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1927 | Remodeled

Lot Details

0.56 Acres

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 11424
  • Lot Acreage: 0.5585
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 27
  • Laundry: In Unit
  • Total Bathrooms: 25.00
  • Equipment: Cable, Stackable W/D Hookup, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 411.41

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front, Enclosed

Garage/Parking

  • Parking Garage: Uncovered, Shared Driveway, Driveway - Concrete
  • Total Parking: 26

Utilities

  • Heating: Wall Gas
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 80.73
  • Assessed Improvement Value: 241641
  • Assessed Land Percent: 19.27
  • Assessed Land Value: 57667
  • Total Assessed Value: 299308
  • Assessor Parcel Number: 6326-022-015
  • Lot Size Area: 24330

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.13
  • Number Of Units: 13
  • Rent Control: 100
  • Type Of Units: Townhome/SFR
  • Vacancy Allow Percent: 3.00

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
Jun 13, 2022
Closed on
Oct 17, 2022
Sold by
Bought by
Seller's Agent
Adam Peterson
CB Richard Ellis, Inc.
Buyer's Agent
Sevak Keshishian
Marcus & Millichap
List Price
$4,700,000
Sold Price
$4,250,000
Premium/Discount to List
-$450,000
-9.57%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
0.0692%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2022
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Ticor Title
-- Ticor Title
-- Ticor Title
$4,250,000 Ticor Title
-- None Listed On Document
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
Previous Owner $2,325,000
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
10/28/2022 10/28/22 Sold $4,250,000 -9.6% $372 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $4,700,000 0.0% $411 / Sq Ft
04/11/2017 04/11/17 Rented $1,600 0.0% --
03/27/2017 03/27/17 Price Changed $1,600 +6.7% $2 / Sq Ft
03/27/2017 03/27/17 For Rent $1,500 -- --
Source: The MLS

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
2025 $69,667 $4,421,700 $1,040,400 $3,381,300
2024 $66,964 $4,335,000 $1,020,000 $3,315,000
2023 $65,749 $4,250,000 $1,000,000 $3,250,000
2022 $7,923 $305,293 $58,820 $246,473
2021 $7,786 $299,308 $57,667 $241,641
2020 $7,795 $296,240 $57,076 $239,164
2019 $7,617 $290,432 $55,957 $234,475
2018 $7,057 $284,738 $54,860 $229,878
2016 $6,754 $273,683 $52,731 $220,952
2015 $6,673 $269,573 $51,939 $217,634
2014 $6,745 $264,293 $50,922 $213,371
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-167639

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.