NOT LISTED FOR SALE

6826 Newell St Huntington Park, CA 90255

Estimated Value: $759,000 - $877,000

4 Beds
3 Baths
1,838 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $745,000 $405 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,387/month

19 Days on Market

Highlights

  • 3 Car Garage
  • Linda Esperanza Marquez High School Rated A-
  • 1-Story Property

About This Home

As of July 2022

We are pleased to present a lovely Triplex located in a growing neighborhood of Huntington Park. This listing features a desirable single-story construction with TWO 1 Bedroom + 1 Bathroom units and ONE 2 Bedroom + 1 Bathroom unit. Tenants enjoy the convenience of on-site garage parking. The property consists of a 1,838 Square Foot building on a 6,807 Square Feet Lot Zoned HPR1*. This investment property boasts a tremendous value-add opportunity which includes a +/-50% Rental Upside Potential. The current use makes this property eligible for a 30 year fixed residential financing. This triplex is located down the block from the Lucille Roybal Allard Elementary School and within walking distance to the Salt Lake Park and the city's Parks and Recreation. Close to many Shopping Centers within the immediate area. The property falls between Bell and Maywood. Short Commute to all the major freeways. All units are occupied, please do not disturb tenants.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 05/25/2022

Remax Commercial and Investment Realty

Last Buyer's Agent

Luna Petty

UNYQUE FINANCIAL License #01347590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,801

Year Built

  • Built in 1951

Lot Details

  • 6,807 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 1,838 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6324-036-022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Vacancy Allowance $1,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,801

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1838
  • Lot Acreage: 0.1563
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 394.45

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Garage
  • Total Parking: 3

Lot Info

  • Assessed Improvement Percent: 52.38
  • Assessed Improvement Value: 187708
  • Assessed Land Percent: 47.62
  • Assessed Land Value: 170643
  • Total Assessed Value: 358351
  • Assessor Parcel Number: 6324-036-022
  • Lot Size Area: 6807

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.78
  • Number Of Units: 3
  • Total Annual Expense: 18317
  • Type Of Units: Apartment
  • Vacancy Allow: 1296
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 7, 2022
Sold by
Lillian Gonzalez
Bought by
Arizmendi Juan C Millan
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Luna Petty
UNYQUE FINANCIAL
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%
Current Estimated Value
$809,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,957
Avg. Annual Appreciation
2.71%
Original Mortgage
$596,000
Outstanding Balance
$568,514
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$241,443

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 27, 2022
Sold by
Alqam Hazem S
Bought by
Arizmendi Juan C Millan
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Luna Petty
UNYQUE FINANCIAL
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Outstanding Balance
$568,514
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$241,443

Purchase Details

Listed on
May 21, 2012
Closed on
Jun 19, 2012
Sold by
Fannie Mae
Bought by
Alqam Hazem S
Seller's Agent
David Robles
Real Broker
Buyer's Agent
David Robles
Real Broker
List Price
$284,900
Sold Price
$315,000
Premium/Discount to List
$30,100
10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$236,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Moreno Maria C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 18, 2011
Sold by
Moreno Maria C
Bought by
Moreno Maria C and Duran Margarito

Purchase Details

Closed on
Feb 11, 2005
Sold by
Valle Paulo Gaeta and Padilla Maria Camerina Martinez
Bought by
Moreno Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Valle Paulo Gaeta
Bought by
Padilla Maria Camerina Martinez

Purchase Details

Closed on
Jul 10, 2003
Sold by
Gaeta Padilla Maria Camerina Martinez and Gaeta Valle Paulo
Bought by
Valle Paulo Gaeta and Padilla Maria Camerina Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,610
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Gallardo Roberto
Bought by
Gata Padilla Maria Camerina Martinez and Gata Valle Pablo

Purchase Details

Closed on
Jul 6, 2000
Sold by
Felch Carol J
Bought by
Gallardo Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
8.15%

Purchase Details

Closed on
Jul 5, 2000
Sold by
Felch Richard J
Bought by
Felch Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
8.15%

Purchase Details

Closed on
Dec 28, 1995
Sold by
Felch Carol J and Elsie Hutton Trust
Bought by
Felch Carol J
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
Arizmendi Juan C Millan -- Chicago Title
Arizmendi Juan C Millan $745,000 Chicago Title
Alqam Hazem S -- Chicago Title
Alqam Hazem S $315,000 Old Republic Title
Federal National Mortgage Association $614,841 Landsafe Title
Moreno Maria C -- None Available
Moreno Maria C $475,000 First American Title Company
Padilla Maria Camerina Martinez -- --
Valle Paulo Gaeta -- Ticor
Gata Padilla Maria Camerina Martinez $229,000 --
Gallardo Roberto $230,000 Orange Coast Title
Felch Carol J -- Orange Coast Title
Felch Carol J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arizmendi Juan C Millan $596,000
Closed Alqam Hazem S $596,000
Previous Owner Alqam Hazem S $236,250
Previous Owner Moreno Pamela $121,324
Previous Owner Moreno Maria C $487,000
Previous Owner Moreno Maria C $380,000
Previous Owner Valle Paulo Gaeta $234,610
Previous Owner Gallardo Roberto $228,119
Closed Moreno Maria C $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $745,000 +2.8% $405 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $725,000 +130.2% $394 / Sq Ft
07/30/2012 07/30/12 Sold $315,000 +10.6% $259 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $284,900 -- $235 / Sq Ft
Source: The MLS

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 $11,801 $775,098 $634,644 $140,454
2024 $11,801 $759,900 $622,200 $137,700
2023 $11,587 $745,000 $610,000 $135,000
2022 $6,117 $365,517 $174,055 $191,462
2021 $6,027 $358,351 $170,643 $187,708
2020 $6,044 $354,678 $168,894 $185,784
2019 $5,831 $347,725 $165,583 $182,142
2018 $5,646 $340,908 $162,337 $178,571
2016 $5,382 $327,672 $156,034 $171,638
2015 $5,291 $322,751 $153,691 $169,060
2014 $5,278 $316,430 $150,681 $165,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-161039

The MLS

APN: 6324-036-022