$1,350,000
SOLD DEC 17, 2024

7327 Wilcox Ave Cudahy, CA 90201

5 Beds
4 Baths
2,568 Sq Ft
5,848 Sq Ft Lot

Recently Sold

$526 Per Sq Ft

7% Below List Price

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Bell High School Rated A-
  • Galley Kitchen
  • Laundry Room

About This Home

As of December 2024

This well-maintained property features four updated units, all in a highly desirable area with excellent rental income. Each unit has been upgraded with modern kitchens and bathrooms, ensuring long-term value and tenant satisfaction.

Unit Breakdown: 3 - 1 bedroom/1 bathroom units in the front buiding and a rear spacious 2-bedroom, 1-bathroom unit located above the garages.
With its updated amenities and great location, this property is poised for continued success and high rental demand.

Last Agent to Sell the Property

Marisol Alarcon

Marisol Alarcon, Broker Brokerage Phone: 310-200-7961 License #01257782 Listed on: 10/25/2024

Last Buyer's Agent

Tiffany L. Wysinger

Keller Williams Realty-Studio City License #02222042

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,899

Year Built

  • Built in 1955

Lot Details

  • 5,848 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Split Level Home
  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 29
  • Tax Tract Number 180
  • Assessor Parcel Number 6226008006
  • $2,433 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,143
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,071
  • Operating Expense $5,314
  • Gross Income $98,358
  • Net Operating Income $97,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,899

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 364750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1071.00
  • Zoning: CUR3*
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6226008006
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 525.70
  • Room Type: Galley Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5848.00
  • Lot Size Acres: 0.1343

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 768 Square Feet
  • Gross Operating Income: 98358.00
  • Gross Scheduled Income: 101400.00
  • Insurance Expense: 2143.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5848.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 97287.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1071.00
  • Rent Control: Yes
  • Total Actual Rent: 8450.00
  • Total Expenses: 5314.00
  • Vacancy Allowance: 3042
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 5344.05
  • Tax Lot: 29
  • Tax Tract Number: 180
  • TaxOtherAnnualAssessmentAmount: 2433.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 18, 2024
Sold by
Holman Jerrhonda and Johnson Kejanae
Bought by
H2h Life Llc
Seller's Agent
Marisol Alarcon
Marisol Alarcon, Broker
Buyer's Agent
Tiffany L. Wysinger
Keller Williams Realty-Studio City
List Price
$1,459,000
Sold Price
$1,350,000
Premium/Discount to List
-$109,000
-7.47%
Total Days on Market
7
Views
30
Current Estimated Value
$1,351,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,109
Avg. Annual Appreciation
0.17%
Original Mortgage
$1,215,000
Outstanding Balance
$1,210,756
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$140,354

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 4, 2024
Sold by
Fregoso Steve and Fregoso Alicia
Bought by
Holman Jerrhonda and Johnson Kejanae
Seller's Agent
Marisol Alarcon
Marisol Alarcon, Broker
Buyer's Agent
Tiffany L. Wysinger
Keller Williams Realty-Studio City
List Price
$1,459,000
Sold Price
$1,350,000
Premium/Discount to List
-$109,000
-7.47%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,000
Outstanding Balance
$1,210,756
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$140,354

Purchase Details

Listed on
Oct 28, 2022
Closed on
Nov 3, 2022
Sold by
253 S Corondelet St Llc
Bought by
Fregoso Steve and Fregoso Alicia
Seller's Agent
Isaac Rosales
Executive Bankers Realty
Buyer's Agent
Marisol Alarcon
Marisol Alarcon, Broker
List Price
$1,395,000
Sold Price
$1,355,000
Premium/Discount to List
-$40,000
-2.87%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.17%

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 13, 2022
Sold by
Cornejo and Griselda
Bought by
253 S Carondelet St Llc
Seller's Agent
MICHELLE DEL MURO
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
MICHELLE DEL MURO
CENTURY 21 CITRUS REALTY INC
List Price
$1,099,999
Sold Price
$1,075,000
Premium/Discount to List
-$24,999
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.05%
Original Mortgage
$1,036,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1994
Sold by
Zippi Richard A and Zippi Edith A
Bought by
Cornejo Isaias and Cornejo Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Grant Deed $1,350,000 Orange Coast Title Company
Grant Deed $1,355,000 Fidelity National Title
Grant Deed $1,075,000 Fidelity National Title
Grant Deed $220,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,215,000 New Conventional
Previous Owner $800,000 New Conventional
Previous Owner $1,036,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $214,700 Unknown
Previous Owner $205,000 Unknown
Previous Owner $176,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $1,350,000 -7.5% $526 / Sq Ft
10/25/2024 10/25/24 For Sale $1,459,000 +7.7% $568 / Sq Ft
11/04/2022 11/04/22 Sold $1,355,000 -2.9% $528 / Sq Ft
10/28/2022 10/28/22 For Sale $1,395,000 +29.8% $543 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
01/21/2022 01/21/22 Sold $1,075,000 -2.3% $419 / Sq Ft
12/08/2021 12/08/21 For Sale $1,099,999 -- $428 / 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
2024 $18,899 $1,382,100 $663,000 $719,100
2023 $18,530 $1,355,000 $650,000 $705,000
2022 $6,359 $348,197 $94,954 $253,243
2021 $6,232 $341,371 $93,093 $248,278
2020 $6,256 $337,872 $92,139 $245,733
2019 $6,021 $331,248 $90,333 $240,915
2018 $5,834 $324,754 $88,562 $236,192
2016 $5,555 $312,145 $85,124 $227,021
2015 $5,460 $307,457 $83,846 $223,611
2014 $5,455 $301,435 $82,204 $219,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24221658

California Regional Multiple Listing Service (CRMLS)

APN: 6226-008-006