NOT LISTED FOR SALE

7096 Otis Ave Bell, CA 90201

Estimated Value: $794,000 - $904,000

2 Beds
2 Baths
1,848 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 25, 2015

Last sale price $474,000 $256 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,380/month

25 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Front Yard
  • Traditional Architecture
  • South Facing Home

About This Home

As of April 2015

A MUST SEE! 4 UNITS IN A DESIRABLE NEIGHBORHOOD. THESE UNITS FEATURE A 2 BEDROOM 1 BATH WITH NEWER CARPET, AND THREE SINGLE/1 BATH UNITS. CONVENIENTLY LOCATED NEAR SHOPPING AND FREEWAY. PRICED TO SELL!

Last Agent to Sell the Property

Eleanor Gillamac

American Financial Group License #01183752 Listed on: 03/09/2015

Last Buyer's Agent

Alma Barmaki

Century 21 Allstars License #01155277

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,209 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,848 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Stucco

Kitchen

  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6325029013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

6,209 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6325029013
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Kitchen
  • Price Per Square Foot: 256.49

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6209.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Income: 3280.00
  • Gross Scheduled Income: 39360.00
  • Lot Size Area: 6209.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 3280.00

Tax Info

  • Tax Tract Number: 000
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Apr 13, 2015
Sold by
Vega Rodrigo E and Vega Rosalva H
Bought by
Carnaval Investments Inc
Seller's Agent
Eleanor Gillamac
American Financial Group
Buyer's Agent
Alma Barmaki
Century 21 Allstars
List Price
$479,900
Sold Price
$474,000
Premium/Discount to List
-$5,900
-1.23%
Current Estimated Value
$861,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,684
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Nov 5, 2004
Sold by
Krever Michael A and 7096 Otis Avenue Land Trust
Bought by
Vega Rodrigo E and Vega Rosalva H

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
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Dora Land
Bought by
7096 Otis Avenue Land Trust

Purchase Details

Closed on
Jan 29, 2002
Sold by
Miltee Inc
Bought by
Dora Land

Purchase Details

Closed on
Jun 3, 1996
Sold by
Meetmore Inc
Bought by
Miltee Inc

Purchase Details

Closed on
May 30, 1996
Sold by
Zarate Sergio and Zarate Victoria
Bought by
Metor Finance
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
Carnaval Investments Inc $474,000 First American Title
Vega Rodrigo E $476,000 New Century Title Company
7096 Otis Avenue Land Trust -- American
Dora Land -- --
Miltee Inc -- --
Metor Finance $34,768 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Rodrigo E $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2015 04/25/15 Sold $474,000 -1.2% $256 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $479,900 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,303 $569,669 $240,367 $329,302
2024 $9,303 $558,500 $235,654 $322,846
2023 $9,139 $547,550 $231,034 $316,516
2022 $8,789 $536,814 $226,504 $310,310
2021 $8,700 $526,289 $222,063 $304,226
2020 $8,738 $521,314 $219,787 $301,527
2019 $8,444 $511,101 $215,478 $295,623
2018 $8,276 $501,088 $211,253 $289,835
2016 $8,144 $481,228 $203,050 $278,178
2015 $7,290 $426,000 $186,400 $239,600
2014 -- $300,000 $131,300 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15049652

California Regional Multiple Listing Service (CRMLS)

APN: 6325-029-013

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