Noemy Arellano
Vida Realty
(657) 216-9210
70 Total Sales
1 in Bell
$963,000 Price
--
Bed
--
Bath
2,962
Sq Ft
0.27
Acre Lot
About This Home
As of October 2023***THE SUBJECT PROPERTY MUST BE SOLD WITH THE ADJACENT 3 UNITS FOR SALE AT 7031 CHANSLOR AVENUE WHICH IS LISTED IN THE MLS*** 7101 Chanslor Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit, one two-bedroom unit, and four one-bedroom units sitting on a large 11,903 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: 6327-035-011) which includes 3 units for a total purchase price of $1,725,000**
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01462598 Listed on: 07/28/2023
Last Buyer's Agent
Remax Commercial and Investment Realty License #01462598 Listed on: 07/28/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 0.27
Interior Spaces
- 2,962 Sq Ft Home
- 1-Story Property
Parking
- 1 Car Garage
- Uncovered Parking
Additional Features
- 11,903 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 5 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 6327-035-012
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
$1,370,000
Sold Price
$1,155,000
Premium/Discount to List
-$215,000
-15.69%
Views
228
Purchase Details
Closed on
Sep 12, 2019
Sold by
Bought by
Purchase Details
Closed on
Feb 15, 2019
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bell, CA
-
Noemy Arellano
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
255 Total Sales
1 in Bell
$535,000 Price
-
Mary Meza Hayes
Mary Meza Hayes
T.N.G. Real Estate Consultants
(424) 378-5504
35 Total Sales
1 in Bell
$621,000 Price
-
Jason Paukovits
Jason Paukovits
Dream Realty & Investments Inc
(424) 277-2611
40 Total Sales
1 in Bell
$740,000 Price
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
172 Total Sales
1 in Bell
$610,000 Price
-
Alberto A Romero Meza
Alberto A Romero Meza
Good Opportunity Company Inc.
(213) 214-2940
8 Total Sales
1 in Bell
$549,999 Price
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 | ||
| -- | 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 |
|---|---|---|---|
| Open | $1,672,000 |
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 | $1,155,000 | -15.7% | $390 / Sq Ft |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- |
| 07/28/2023 07/28/23 | For Sale | $1,370,000 | -- | $463 / 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 | $17,741 | $1,055,700 | $510,000 | $545,700 |
| 2024 | $16,673 | $1,035,000 | $500,000 | $535,000 |
| 2023 | $12,830 | $771,982 | $509,295 | $262,687 |
| 2022 | $12,346 | $756,846 | $499,309 | $257,537 |
| 2021 | $12,224 | $742,007 | $489,519 | $252,488 |
| 2019 | $2,572 | $74,670 | $28,980 | $45,690 |
| 2018 | $2,364 | $73,207 | $28,412 | $44,795 |
| 2016 | $2,241 | $70,365 | $27,309 | $43,056 |
| 2015 | $2,218 | $69,309 | $26,899 | $42,410 |
| 2014 | $2,253 | $67,953 | $26,373 | $41,580 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Petrosian
Seller's Agent in 2023
Nicholas Petrosian
RE/MAX
(949) 607-7096
50 Total Sales
Map
Source: The MLS
MLS Number: 23-295223
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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