NOT LISTED FOR SALE

7320 Bear Ave Cudahy, CA 90201

Estimated Value: $945,000 - $967,951

7 Beds
2 Baths
2,478 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $300,000 $121 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $5,514/month

11 Days on Market

About This Home

As of December 2012

THIS IS A TWO UNIT PROPERTY DETACHED GARAGE, ONE UNIT FOUR BEDROOMS AND ONE BATHROOM, ONE UNIT THREE BRTHROOMS ONE BATH

Last Agent to Sell the Property

Elva Ulloa

HOMERICA REALTY License #01898047 Listed on: 06/04/2012

Last Buyer's Agent

Carlos Escalante

Century 21 Jervis & Associates License #01235294

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,795

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Living Room with Fireplace
  • 8,795 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 1662
  • Assessor Parcel Number 6225010015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,680
  • Trash Expense $468
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,375
  • Gross Income $10,800
  • Net Operating Income $1,397

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6225010015
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Trash Expense: 468.00

Lot Info

  • Lot Size Sq Ft: 8795.00
  • Lot Size Acres: 0.2020

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 10800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 1680.00
  • Lot Size Area: 8795.0000 Square Feet
  • Net Operating Income: 1397.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9403.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Lot: 26
  • Tax Tract Number: 1662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Nov 28, 2012
Sold by
Dominguez Armando and Viera Ruth
Bought by
Lopez Alberto N
Seller's Agent
Elva Ulloa
HOMERICA REALTY
Buyer's Agent
Carlos Escalante
Century 21 Jervis & Associates
List Price
$298,000
Sold Price
$300,000
Premium/Discount to List
$2,000
0.67%
Current Estimated Value
$956,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,988
Avg. Annual Appreciation
9.26%
Original Mortgage
$252,000
Outstanding Balance
$174,266
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$782,722

Purchase Details

Closed on
Dec 6, 2004
Sold by
Lara Humberto and Lara Mercedes
Bought by
Dominguez Armando and Viera Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 1999
Sold by
Lara Humberto and Lara Mercedes
Bought by
Lara Humberto and Lara Mercedes

Purchase Details

Closed on
Mar 29, 1995
Sold by
Lara Humberto and Lara Mercedes
Bought by
Lara Humberto and Lara Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
9.49%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Lara Humberto and Lara Mercedes
Bought by
Lara Humberto and Lara Mercedes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Alberto N $315,000 Lawyers Title
Dominguez Armando $550,000 First American Title Co
Lara Humberto -- --
Lara Humberto -- Benefit Title
Lara Humberto -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alberto N $252,000
Previous Owner Dominguez Armando $440,000
Previous Owner Lara Humberto $242,250
Closed Dominguez Armando $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2012 12/03/12 Sold $300,000 +0.7% $121 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $298,000 -- $120 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,117 $387,887 $215,493 $172,394
2024 $6,117 $380,282 $211,268 $169,014
2023 $5,999 $372,826 $207,126 $165,700
2022 $5,728 $365,516 $203,065 $162,451
2021 $5,632 $358,350 $199,084 $159,266
2020 $5,662 $354,676 $197,043 $157,633
2019 $5,450 $347,723 $193,180 $154,543
2018 $5,208 $340,906 $189,393 $151,513
2016 $4,960 $327,671 $182,040 $145,631
2015 $4,879 $322,750 $179,306 $143,444
2014 $4,876 $316,429 $175,794 $140,635
Source: Public Records

Agents Affiliated with this Home

  • Elva Ulloa

    Seller's Agent in 2012

    Elva Ulloa

    HOMERICA REALTY

    (909) 466-4368

    38 Total Sales

    Elva Ulloa
    Section Image

  • C

    Buyer's Agent in 2012

    Carlos Escalante

    Century 21 Jervis & Associates

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12069867

California Regional Multiple Listing Service (CRMLS)

APN: 6225-010-015

California Los Angeles County Cudahy 90201

7320 Bear Ave, Cudahy, CA

Not Listed for Sale

MultiFamily

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