NOT LISTED FOR SALE

6822 Crafton Ave Unit B Bell, CA 90201

Estimated Value: $801,745 - $1,176,000

7 Beds
3 Baths
2,634 Sq Ft
$384/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $682,000 $259 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,480/month

41 Days on Market

About This Home

As of January 2019

EXCELLENT INVESTOR OPPORTUNITY. This is a 3-unit property with a single family house (3br/1.5ba) in the front and a duplex in the rear. The duplex units are both 2 br/1ba.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 10/22/2018

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Carlos Skubacz

RE/MAX 2000 License #01474295

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,079 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 2,634 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 14582
  • Assessor Parcel Number 6327027016

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $825
  • Insurance Expense $517
  • Maintenance Expense $6,602
  • Professional Management Expense $1,721
  • Trash Expense $754
  • Water Sewer Expense $1,768
  • New Taxes Expense $10,257
  • Operating Expense $22,444
  • Gross Income $34,485
  • Net Operating Income $15,882

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Professional Management Expense: 1721.20
  • Property Attached: No
  • Water Sewer Expenses: 1768.00
  • Zoning: BLR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 825.00
  • Parcel Number: 6327027016
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 258.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 754.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9079.00
  • Lot Size Acres: 0.2084

Multi Family

  • Gross Income: 34485.00
  • Gross Scheduled Income: 41040.00
  • Insurance Expense: 517.00
  • Lot Size Area: 9079.0000 Square Feet
  • Maintenance Expense: 6602.10
  • Net Operating Income: 15882.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 18603.00
  • Rent Control: No
  • Total Actual Rent: 3420.00
  • Total Expenses: 22444.30

Tax Info

  • New Taxes Expense: 10257.00
  • Tax Census Tract: 5338.05
  • Tax Lot: 16
  • Tax Tract Number: 14582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 13, 2018
Sold by
Howland Nancy and The 2006 Violet V Palmer Trust
Bought by
313 Properties Llc
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Carlos Skubacz
RE/MAX 2000
List Price
$654,050
Sold Price
$682,000
Premium/Discount to List
$27,950
4.27%
Current Estimated Value
$1,011,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,936
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Palmer Violet V and The Violet V Palmer Revocable
Bought by
Palmer Violet V and The 2006 Violet V Palmer Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
313 Properties Llc $682,000 Fidelity National Title
Palmer Violet V -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2019 01/16/19 Sold $682,000 +4.3% $259 / Sq Ft
10/26/2018 10/26/18 For Sale $654,050 -4.1% $248 / Sq Ft
10/22/2018 10/22/18 Off Market $682,000 -- --
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 $14,131 $909,309 $676,260 $233,049
2024 $14,131 $891,480 $663,000 $228,480
2023 $13,876 $874,000 $650,000 $224,000
2022 $11,541 $716,902 $430,982 $285,920
2021 $11,211 $702,846 $422,532 $280,314
2020 $11,262 $695,640 $418,200 $277,440
2019 $4,858 $264,968 $76,131 $188,837
2018 $4,654 $259,774 $74,639 $185,135
2016 $4,550 $249,689 $71,742 $177,947
2015 $4,480 $245,940 $70,665 $175,275
2014 $4,475 $241,123 $69,281 $171,842
Source: Public Records

Agents Affiliated with this Home

  • Ruben Martinez

    Seller's Agent in 2019

    Ruben Martinez

    Fiduciary Real Estate Services

    (714) 371-3269

    165 Total Sales

    Ruben Martinez
    Section Image
  • Logan Martinez

    Seller Co-Listing Agent in 2019

    Logan Martinez

    Fiduciary Real Estate Services

    (949) 273-8169

    166 Total Sales

    Logan Martinez
    Section Image
  • Carlos Skubacz

    Buyer's Agent in 2019

    Carlos Skubacz

    RE/MAX

    (714) 290-0936

    25 Total Sales

    Carlos Skubacz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18256442

California Regional Multiple Listing Service (CRMLS)

APN: 6327-027-016

California Los Angeles County Bell 90201

6822 Crafton Ave Unit B, Bell, CA

Not Listed for Sale

MultiFamily

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