NOT LISTED FOR SALE

6902 Fishburn Ave Bell, CA 90201

Estimated Value: $779,947 - $896,000

4 Beds
2 Baths
1,642 Sq Ft
$499/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $475,000 $289 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,994/month

13 Days on Market

Highlights

  • No HOA
  • Back Yard
  • 1-Story Property

About This Home

As of September 2016

Just listed for Sale! Fantastic Investment Opportunity, Standard Sale, Great residential rental location. (2) Units; Rent one and live in the other; each 2 bedroom 1.00 bath. Separate units; front unit has no garage, back unit has detached garage with patio and back yard. Long driveway, can park up to 4-5 cars. Property is in good conditions.

Last Agent to Sell the Property

Norma Machado

Hamilton Homes Real Estate License #01221856 Listed on: 05/12/2016

Last Buyer's Agent

Daniel Caldera

The Ave License #01914969

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,508 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot 10
  • Assessor Parcel Number 6325026028

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Trash Expense $600
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,749
  • Gross Income $2,150
  • Net Operating Income $17,161

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 6325026028
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 289.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 0-1 Unit/Acre
  • Lot Size Sq Ft: 6508.00
  • Price Per Lot Square Foot: 70.67

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Average2 Bed Area: 830
  • Gross Income: 2150.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 850.00
  • Net Operating Income: 17161.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8639.00
  • Rent Control: No
  • Total Actual Rent: 2150.00

Tax Info

  • New Taxes Expense: 5749.00
  • Tax Lot: 10
  • Tax Tract Number: bell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Sep 1, 2016
Sold by
Ojeda Alicia and Ojeda Saul
Bought by
Blanco Jacqueline J and Larios Jose L
Seller's Agent
Norma Machado
Hamilton Homes Real Estate
Buyer's Agent
Daniel Caldera
The Ave
List Price
$459,900
Sold Price
$475,000
Premium/Discount to List
$15,100
3.28%
Current Estimated Value
$819,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,237
Avg. Annual Appreciation
6.02%
Original Mortgage
$466,396
Outstanding Balance
$376,323
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$442,914

Purchase Details

Closed on
Mar 20, 2009
Sold by
Ojeda Saul and Ojeda Alicia
Bought by
Ojeda Alicia and Ojeda Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Ojeda Saul and Ojeda Alicia
Bought by
Ojeda Saul and Ojeda Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Ojeda Maria and Akin Aurora
Bought by
Ojeda Saul and Ojeda Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.18%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Gonzal Ada
Bought by
Ojeda Maria and Akin Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,356
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1994
Sold by
Honrado Roberto C and Honrado Erlinda
Bought by
Gonzal Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8.5%
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
Blanco Jacqueline J $475,000 Wfg National Title Company
Ojeda Alicia -- Lawyers Title
Ojeda Saul -- Chicago Title Co
Ojeda Saul -- Investors Title Company
Ojeda Maria $201,000 American Title Co
Gonzal Ada $40,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Jacqueline J $466,396
Previous Owner Ojeda Alicia $226,000
Previous Owner Ojeda Saul $206,200
Previous Owner Ojeda Saul $208,000
Previous Owner Ojeda Maria $199,356
Previous Owner Gonzal Ada $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $475,000 +3.3% $289 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $459,900 -- $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 $8,564 $551,273 $290,145 $261,128
2024 $8,564 $540,464 $284,456 $256,008
2023 $8,409 $529,868 $278,879 $250,989
2022 $8,076 $519,479 $273,411 $246,068
2021 $7,993 $509,294 $268,050 $241,244
2020 $8,028 $504,073 $265,302 $238,771
2019 $7,752 $494,190 $260,100 $234,090
2018 $7,596 $484,500 $255,000 $229,500
2016 $5,226 $309,602 $181,091 $128,511
2015 $5,144 $304,952 $178,371 $126,581
2014 $5,129 $298,979 $174,877 $124,102
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Norma Machado

    Hamilton Homes Real Estate

    (323) 864-8686

    5 Total Sales

    Norma Machado
    Section Image
  • Daniel Caldera

    Buyer's Agent in 2016

    Daniel Caldera

    The Ave

    (562) 688-5336

    29 Total Sales

    Daniel Caldera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16101589

California Regional Multiple Listing Service (CRMLS)

APN: 6325-026-028

California Los Angeles County Bell 90201

6902 Fishburn Ave, Bell, CA

Not Listed for Sale

MultiFamily

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