NOT LISTED FOR SALE

6901 California Ave Bell, CA 90201

Estimated Value: $1,157,000 - $1,556,000

6 Beds
3 Baths
3,439 Sq Ft
$399/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $965,000 $281 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,607/month

7 Days on Market

Highlights

  • 0.3 Acre Lot
  • Wood Flooring
  • Ceiling Fan
  • Craftsman Architecture
  • Laundry Room

About This Home

As of December 2018

This is an amazing opportunity for you to live in the 3-bed 2-bath home and rent the other 3 homes on the lot. Each unit has its own private storage, laundry, and parking. Front house has a two car garage and a covered patio. Great income potential and room to increase rents because there is no rent control on this property.

Super close and conveniently located to schools, shopping, and freeway access.

Last Agent to Sell the Property

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 10/26/2018

Century 21 Allstars

Last Buyer's Agent

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 10/26/2018

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 3,439 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 1
  • Assessor Parcel Number 6324020006

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $72,000
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

8

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: BLR3*
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 6324020006
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 280.60

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13274.00
  • Lot Size Acres: 0.3047

Multi Family

  • Gross Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Lot Size Area: 13274.0000 Square Feet
  • Net Operating Income: 72000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5336.03
  • Tax Lot: 28
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Nov 8, 2018
Sold by
Ruelas Edgar and Edgar Ruelas Revocable Trust
Bought by
Fores Abigail
Seller's Agent
Luther Sanchez
Century 21 Allstars
Buyer's Agent
Luther Sanchez
Century 21 Allstars
List Price
$950,000
Sold Price
$965,000
Premium/Discount to List
$15,000
1.58%
Current Estimated Value
$1,371,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,631
Avg. Annual Appreciation
5.08%
Original Mortgage
$675,500
Outstanding Balance
$593,966
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$777,665

Purchase Details

Closed on
May 8, 2008
Sold by
Ruelas Edgar
Bought by
Ruelas Edgar and The Edgar Ruelas Revocable Tru

Purchase Details

Closed on
Sep 16, 2002
Sold by
Koonse David L and Beatrice Koonse Trust A & B Tr
Bought by
Ruelas Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fores Abigail $965,000 Fidelity National Title Comp
Ruelas Edgar -- None Available
Ruelas Edgar $410,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fores Abigail $675,500
Previous Owner Ruelas Edgar $328,000
Closed Ruelas Edgar $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $965,000 +1.6% $281 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $950,000 -- $276 / 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 $17,223 $1,076,469 $518,713 $557,756
2024 $17,223 $1,055,363 $508,543 $546,820
2023 $16,921 $1,034,671 $498,572 $536,099
2022 $16,272 $1,014,385 $488,797 $525,588
2021 $16,111 $994,496 $479,213 $515,283
2020 $16,185 $984,560 $474,300 $510,260
2019 $15,642 $965,260 $465,000 $500,260
2018 $9,106 $522,134 $203,655 $318,479
2016 $8,900 $501,611 $195,748 $305,863
2015 $8,766 $494,077 $192,808 $301,269
2014 $8,746 $484,400 $189,032 $295,368
Source: Public Records

Agents Affiliated with this Home

  • Luther Sanchez

    Seller's Agent in 2018

    Luther Sanchez

    Century 21 Allstars

    (562) 888-0755

    2 in this area

    91 Total Sales

    Luther Sanchez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18260101

California Regional Multiple Listing Service (CRMLS)

APN: 6324-020-006

California Los Angeles County Bell 90201

6901 California Ave, Bell, CA

Not Listed for Sale

MultiFamily

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