Seller's Agent in 2023
Matthew Shinn
Shinn Real Estate Group
(310) 968-3898
1 in this area
55 Total Sales
7320 Cerritos Ave Stanton, CA 90680
5
Beds
4
Baths
4,360
Sq Ft
7,841
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Central Heating
About This Home
As of June 2023Presenting an amazing value quadruplex with great upside in rental income. This property consists of three units of 2 bedrooms, 2 bathrooms, and one one unit of bedrooms, 2 bathrooms. All units come with 1 car garage and 1 parking space and pay for their own electricity and gas. The two upstairs units, which include the 3 bedroom units are recently remodeled. The property is available for showing appointment upon receipt of an acceptable offer.
Last Agent to Sell the Property
Shinn Real Estate Group License #01755855 Listed on: 04/06/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 7,841 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
Interior Spaces
- 4,360 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Private Water Source
- Septic Type Unknown
Listing and Financial Details
- Legal Lot and Block 1 / 27
- Tax Tract Number 87
- Assessor Parcel Number 07954149
- $1,351 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Gardener Expense $720
- Insurance Expense $1,500
- Other Expense $2,000
- Trash Expense $1,416
- Water Sewer Expense $1,380
- Operating Expense $7,316
- Gross Income $102,000
- Net Operating Income $94,684
Additional Features
- 4 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $1,490,000 | -3.9% | $342 / Sq Ft |
| 04/25/2023 04/25/23 | Pending | -- | -- | -- |
| 04/06/2023 04/06/23 | For Sale | $1,550,000 | -- | $356 / 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 | $18,351 | $1,550,196 | $1,300,500 | $249,696 |
| 2024 | $18,351 | $1,519,800 | $1,275,000 | $244,800 |
| 2023 | $12,754 | $1,026,276 | $804,917 | $221,359 |
| 2022 | $12,507 | $1,006,153 | $789,134 | $217,019 |
| 2021 | $12,622 | $986,425 | $773,661 | $212,764 |
| 2020 | $12,449 | $976,311 | $765,728 | $210,583 |
| 2019 | $12,114 | $957,168 | $750,714 | $206,454 |
| 2018 | $11,944 | $938,400 | $735,994 | $202,406 |
| 2017 | $11,540 | $920,000 | $721,562 | $198,438 |
| 2016 | $10,705 | $832,505 | $621,230 | $211,275 |
| 2015 | $10,581 | $820,000 | $611,898 | $208,102 |
| 2014 | $9,804 | $780,000 | $571,898 | $208,102 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Shinn
-
Duong Cao
Buyer's Agent in 2023
Duong Cao
DC Real Estate
(714) 627-3888
2 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23056521
APN: 079-541-49
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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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