NOT LISTED FOR SALE

7717 Walker Ave Cudahy, CA 90201

Estimated Value: $944,000 - $1,204,000

8 Beds
4 Baths
2,880 Sq Ft
$376/Sq Ft Est. Value

Last Sold February 28, 2016

Last sale price $500,000 $174 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,408/month

131 Days on Market

Highlights

  • Accessible Parking
  • Wall Furnace
  • 5-minute walk to Cudahy River Park
  • Tile Flooring

About This Home

As of February 2016

This is an excellent property 4 units, 2 bedroom, one bath each with a carport in the back all rented, good area; excellent location near the 710 fwy, near Atlantic.

Last Agent to Sell the Property

Ramon Chavez

Dreamwork Realty Inc. License #00938353 Listed on: 12/07/2015

Last Buyer's Agent

Ramon Chavez

Dreamwork Realty Inc. License #00938353 Listed on: 12/07/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,999 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,880 Sq Ft Home
  • Property Attached
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Accessible Parking
  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 24510
  • Assessor Parcel Number 6226027040

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $2,040
  • Water Sewer Expense $2,150
  • New Taxes Expense $7,812
  • Gross Income $4,300
  • Net Operating Income $36,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2150.00
  • Property Type: Residential Income
  • Parcel Number: 6226027040
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Levels: Two
  • Price Per Square Foot: 173.61

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 2040.00

Condo/Co-op/Association

  • Community Features: Curbs, Gutters

Lot Info

  • Lot Size Sq Ft: 4999.00
  • Price Per Lot Square Foot: 100.02
  • Lot Size Acres: 0.1150

Multi Family

  • Gross Income: 4300.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 4999.0000 Square Feet
  • Net Operating Income: 36750.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14850.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7812.00
  • Tax Lot: 7
  • Tax Tract Number: 24510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
Feb 16, 2016
Sold by
Leos Raul C
Bought by
Balsas Llc
Seller's Agent
Ramon Chavez
Dreamwork Realty Inc.
Buyer's Agent
Ramon Chavez
Dreamwork Realty Inc.
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Current Estimated Value
$1,083,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,566
Avg. Annual Appreciation
8.06%
Original Mortgage
$350,000
Outstanding Balance
$278,742
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$804,824

Purchase Details

Closed on
Dec 21, 2004
Sold by
Bedford Katherine E and Bedford Ira Katherine E
Bought by
Leos Raul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Bedford Katherine E
Bought by
Katherine E Bedfore Ira and Entrust Administration

Purchase Details

Closed on
Jun 27, 2002
Sold by
Barrera Arturo and Barrera Juanita
Bought by
Sik Hing & Kit King Kwong Revocable Tr

Purchase Details

Closed on
Apr 2, 1996
Sold by
Barrera Arturo
Bought by
Martinez Jesus

Purchase Details

Closed on
Sep 8, 1993
Sold by
Lugo Carlos and Lugo Ramona
Bought by
Barrera Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Balsas Llc $500,000 Pacific Coast Title Company
Leos Raul C $575,000 United Title Company
Katherine E Bedfore Ira -- Investors
Sik Hing & Kit King Kwong Revocable Tr $261,300 --
Martinez Jesus -- --
Barrera Arturo $280,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsas Llc $350,000
Previous Owner Leos Raul C $460,000
Previous Owner Barrera Arturo $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2016 02/28/16 Sold $500,000 -20.0% $174 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $625,000 -- $217 / 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 $9,386 $591,892 $355,136 $236,756
2024 $9,386 $580,287 $348,173 $232,114
2023 $9,191 $568,910 $341,347 $227,563
2022 $8,767 $557,755 $334,654 $223,101
2021 $8,613 $546,820 $328,093 $218,727
2019 $7,313 $531,043 $318,362 $212,681
2018 $8,146 $520,640 $312,120 $208,520
2016 $9,841 $677,052 $353,245 $323,807
2015 $9,676 $666,883 $347,939 $318,944
2014 $7,239 $450,000 $234,400 $215,600
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15184872

California Regional Multiple Listing Service (CRMLS)

APN: 6226-027-040

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