NOT LISTED FOR SALE

7004 Crafton Ave Bell, CA 90201

9 Beds
5 Baths
4,008 Sq Ft
7,017 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $1,150,000 $287 Per Sq Ft

128 Days on Market

About This Home

As of August 2020

We are proud to present the sale of the Crafton Street Apartments. The building is comprised of an excellent unit mix of 4 spacious (2 Bed / 1 Bath) units and 1 (1 Bed / 1 Bath) unit and is subject to the County of Los Angeles rent control stabilization. Property is separately metered for gas and electricity, has copper plumbing throughout and driveway was recently partly repaved with new concrete. Tenants enjoy the convenience of carport and onsite parking. Located in the City of Bell on a nice quiet residential street. Nearby schools include Woodlawn Ave Elementary School and Bell High School. Major cross streets are Florence Ave and Atlantic Ave and is within close proximity to the 710 freeway. This property would be a great addition to any investor's increasing portfolio or a great entry property for an investor looking to enter the multifamily business.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 03/23/2020

Remax Commercial and Investment Realty

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 03/23/2020

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,017 Sq Ft Lot

Interior Spaces

  • 4,008 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6327-026-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4008
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 289.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 420384
  • Assessed Land Value: 264060
  • Assessor Parcel Number: 6327-026-028
  • Geocode Override: No
  • Lot Size Area: 7017

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.93
  • Number Of Units: 5
  • Type Of Units: Apartment

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $1,150,000 -0.9% $287 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $1,160,000 -3.3% $289 / Sq Ft
04/27/2020 04/27/20 Price Changed $1,200,000 -9.1% $299 / Sq Ft
03/23/2020 03/23/20 For Sale $1,320,000 +103.7% $329 / Sq Ft
11/01/2013 11/01/13 Sold $648,000 -6.1% $162 / Sq Ft View Prior Sale
10/05/2013 10/05/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $689,900 -- $172 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-566396

The MLS