NOT LISTED FOR SALE

7209 Seville Ave Huntington Park, CA 90255

Walnut Park Neighborhood

Estimated Value: $5,425,496

-- Bed
-- Bath
28,688 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 01, 2014

Last sale price $2,800,000 $98 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $33,559/month

51 Days on Market

About This Home

As of September 2014

Property consists of 34 residential units and 3 commerical units. Property is reinforced brick. See attached for breakdown of expenses and income.

Last Agent to Sell the Property

David Brock

Beven & Brock Property Management Company, Inc License #00644454 Listed on: 02/18/2014

Last Buyer's Agent

David Brock

Beven & Brock Property Management Company, Inc License #00644454 Listed on: 02/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48,644

Year Built

  • Built in 1926

Lot Details

  • 0.25

Additional Features

  • 3-Story Property
  • 0.25 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 6201003001

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48,644

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LCC3*
  • Property Type: Residential Income
  • Parcel Number: 6201003001
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Levels: Three Or More

Garage/Parking

  • Parking: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10957.00

Multi Family

  • Gross Multiplier: 7.60
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 128135.00
  • Total Actual Rent: 387792.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2014
Sold by
Daf Capital Llc
Bought by
Dream Investment Group Llc
Current Estimated Value
$5,425,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Outstanding Balance
$1,387,969
Interest Rate
4.27%
Mortgage Type
Commercial
Estimated Equity
$4,022,120

Purchase Details

Closed on
May 15, 2003
Sold by
Furman Norman A
Bought by
Daf Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 1997
Sold by
Furman Norman
Bought by
Excel Furman Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 1996
Sold by
Furman Norman
Bought by
Excel Furman Ltd

Purchase Details

Closed on
Dec 18, 1994
Sold by
Donoso Inv Co Inc
Bought by
Furman Norman
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dream Investment Group Llc $2,800,000 Chicago Title Company
Daf Capital Llc -- --
Excel Furman Ltd -- First Southwestern Title Co
Furman Norman A -- First Southwestern Title Co
Excel Furman Ltd -- --
Furman Norman -- Pacific Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Investment Group Llc $400,000
Closed Dream Investment Group Llc $400,000
Open Dream Investment Group Llc $1,820,000
Previous Owner Daf Capital Llc $1,000,000
Previous Owner Daf Capital Llc $950,000
Previous Owner Daf Capital Llc $900,000
Previous Owner Excel Furman Lp $700,000
Previous Owner Excel Furman Ltd $24,000
Previous Owner Furman Norman A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2014 09/01/14 Sold $2,800,000 0.0% $98 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $2,800,000 -- $98 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $48,644 $3,432,409 $612,928 $2,819,481
2024 $48,644 $3,365,108 $600,910 $2,764,198
2023 $47,498 $3,299,127 $589,128 $2,709,999
2022 $45,191 $3,234,439 $577,577 $2,656,862
2021 $44,312 $3,171,019 $566,252 $2,604,767
2019 $42,954 $3,090,146 $549,457 $2,540,689
2018 $42,431 $3,029,814 $538,684 $2,491,130
2016 $40,302 $2,899,496 $517,767 $2,381,729
2015 $39,686 $2,855,944 $509,990 $2,345,954
2014 $23,750 $1,461,478 $159,428 $1,302,050
Source: Public Records

Agents Affiliated with this Home

  • David Brock

    Seller's Agent in 2014

    David Brock

    Beven & Brock Property Management Company, Inc

    (626) 390-3099

    22 Total Sales

    David Brock
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-214006786

Pasadena-Foothills Association of REALTORS®

APN: 6201-003-001

California Los Angeles County Huntington Park 90255 Walnut Park

7209 Seville Ave, Huntington Park, CA

This home is located at 7209 Seville Ave, Huntington Park, CA 90255 since 18 February 2014 and is currently estimated at $5,425,496, approximately $189 per square foot. This property was built in 1926. 7209 Seville Ave is a home located in Los Angeles County with nearby schools including Hope Street Elementary School, Walnut Park Middle School, and Huntington Park Senior High School.

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.

Pasadena-Foothills Association of REALTORS® 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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