NOT LISTED FOR SALE

7031 Chanslor Ave Cudahy, CA 90201

Estimated Value: $764,000 - $1,023,000

3 Beds
4 Baths
1,982 Sq Ft
$446/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2023

Last sale price $570,000 $288 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,745 / mo

19 Days on Market

About This Home

As of October 2023

***THE SUBJECT PROPERTY WAS SOLD TOGETHER WITH THE ADJACENT 6 UNITS FOR A TOTAL PURCHASE PRICE OF $1,725,000*** 7031 Chanslor Avenue is a 3-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit and two one-bedroom units sitting on a large 11,693 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been installed. There is a significant amount of upside in the rental income. The subject property is an excellent investment opportunity because of it's great location and substantial amount of rental upside. BUYER TO VERIFY NUMBER OF UNITS, UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF BELL. DRIVE BY ONLY. DO NOT CONTACT TENANTS. **SALES PRICE IN LISTING DOES NOT REFLECT ACTUAL SALES PRICE. Property was sold with adjacent parcel (APN: 6327-035-012) which includes 6 units for a total purchase price of $1,725,000**

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 07/28/2023

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 07/28/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.27

Parking

  • 2 Car Garage

Interior Spaces

  • 1,982 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • 11,693 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6327-035-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1982
  • Lot Acreage: 0.2684
  • Stories: 1
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 343.09

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 25.60
  • Assessed Improvement Value: 168187
  • Assessed Land Percent: 74.4
  • Assessed Land Value: 488797
  • Total Assessed Value: 656984
  • Assessor Parcel Number: 6327-035-011
  • Lot Size Area: 11693

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.52
  • Number Of Units: 3
  • Type Of Units: Multifamily

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 23, 2023
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
List Price
$680,000
Sold Price
$570,000
Premium/Discount to List
-$110,000
-16.18%
Views
104
Current Estimated Value
$884,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,333
Avg. Annual Appreciation
17.74%
Original Mortgage
$172,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 19, 2023
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
List Price
$680,000
Sold Price
$570,000
Premium/Discount to List
-$110,000
-16.18%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2019
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,725,000 Chicago Title
-- Chicago Title
-- None Available
$377,500 Wfg National Co Of Californi
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $172,500
Closed $1,121,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $570,000 -16.2% $288 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $680,000 -- $343 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,956 $703,800 $510,000 $193,800
2024 $11,264 $690,000 $500,000 $190,000
2023 $10,970 $670,122 $498,572 $171,550
2022 $10,545 $656,984 $488,797 $168,187
2021 $10,440 $644,103 $479,213 $164,890
2019 $2,048 $65,574 $28,980 $36,594
2018 $1,827 $64,300 $28,412 $35,888
2016 $1,797 $61,247 $27,309 $33,938
2015 $1,728 $60,328 $26,899 $33,429
2014 $1,744 $59,148 $26,373 $32,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-295259

The MLS

APN: 6327-035-011

California Los Angeles County Cudahy 90201

7031 Chanslor Ave, Cudahy, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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