Seller's Agent in 2022
Nahed Benyamein
Allstars Realty
(562) 755-0084
1 in this area
323 Total Sales
7110 Granger Ave Bell Gardens, CA 90201
Estimated Value: $842,000 - $940,000
4
Beds
3
Baths
2,016
Sq Ft
$446/Sq Ft
Est. Value
Highlights
- No HOA
- Bike Trail
- No Heating
- Laundry Room
About This Home
As of September 2022First time on the market in more than 60 years! Located on the border of Bell Gardens and Downey, this 3 Unit multifamily property is one of South East Los Angeles' finest opportunities. The front unit consists of 2 bedrooms and 1 bath while the 2 units in the rear are each 1 bedroom and 1 bath. There is also a detached 2 car garage that sits between the front and back units. Parking is abundant with space for more than 5 cars. Boasting more than a 10,000 sqft lot on a layout any developer would love, this property is an ideal value add opportunity for additional units and/or accessory dwelling unit (ADU). Opportunities like this are rare-reach out to schedule your showing while it is available.
Last Agent to Sell the Property
Allstars Realty License #01000857 Listed on: 08/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,945
Year Built
- Built in 1942
Lot Details
- 10,640 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- 2,016 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- No Heating
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 10 / 2
- Tax Tract Number 11461
- Assessor Parcel Number 6358006009
- $2,063 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,200
- Trash Expense $500
- Water Sewer Expense $1,000
- Operating Expense $1,500
- Gross Income $34,800
- Net Operating Income $34,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2022
Closed on
Aug 17, 2022
Sold by
Charles Dement Christopher and Lynn Joann
Bought by
Sbrk888 Llc
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
Nahed Benyamein
Allstars Realty
List Price
$760,000
Sold Price
$785,000
Premium/Discount to List
$25,000
3.29%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,834
Avg. Annual Appreciation
4.73%
Original Mortgage
$450,000
Outstanding Balance
$436,363
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$462,471
Purchase Details
Closed on
Jul 6, 2022
Sold by
Louise Dement Gloria
Bought by
Dement Christopher Charles and Dement Joann Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$436,363
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$462,471
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sbrk888 Llc | $785,000 | Wfg National Title | |
| Dement Christopher Charles | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sbrk888 Llc | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2022 09/12/22 | Sold | $785,000 | 0.0% | $389 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | Off Market | $785,000 | -- | -- |
| 08/01/2022 08/01/22 | For Sale | $760,000 | -- | $377 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,945 | $816,714 | $676,260 | $140,454 |
| 2024 | $11,945 | $800,700 | $663,000 | $137,700 |
| 2023 | $11,677 | $785,000 | $650,000 | $135,000 |
| 2022 | $2,920 | $53,305 | $21,914 | $31,391 |
| 2021 | $2,661 | $52,261 | $21,485 | $30,776 |
| 2020 | $2,629 | $52,006 | $21,265 | $30,741 |
| 2019 | $2,556 | $50,993 | $20,849 | $30,144 |
| 2018 | $2,392 | $50,000 | $20,441 | $29,559 |
| 2016 | $2,244 | $47,792 | $19,649 | $28,143 |
| 2015 | $2,056 | $47,075 | $19,354 | $27,721 |
| 2014 | $1,954 | $46,153 | $18,975 | $27,178 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22168911
APN: 6358-006-009
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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