NOT LISTED FOR SALE

7926 Garfield Ave Bell Gardens, CA 90201

Estimated Value: $819,000 - $916,000

3 Beds
3 Baths
1,503 Sq Ft
$578/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $681,000 $453 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,632/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Countertops
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of April 2021

Excellent opportunity for a first time buyer or an investor in Bell Gardens that includes: 3 units, 3 separate houses in a lot that is over 9,000 square feet; each unit is 1 bedroom 1 bath, laundry access, fruit trees lots of parking. Walking distance to schools, stores, parks and a new sport center.

Last Agent to Sell the Property

Martin Cueva

Advance Realty License #01103656 Listed on: 11/03/2020

Last Buyer's Agent

Lupe Salazar

EXCELLENCE RE REAL ESTATE License #01900328

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,760

Year Built

  • Built in 1950

Lot Details

  • 9,004 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Level Lot
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,503 Sq Ft Home
  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 6
  • Tax Tract Number 11318
  • Assessor Parcel Number 6230024004

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1
  • Insurance Expense $1,300
  • Trash Expense $1
  • Water Sewer Expense $120
  • New Taxes Expense $8,487
  • Operating Expense $1
  • Gross Income $3
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,760

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 120.00
  • Zoning: BGCM*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6230024004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 453.09
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • 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: 2-5 Units/Acre, Back Yard, Garden, Lawn, Lot 6500-9999, Level, Yard
  • Lot Size Sq Ft: 9004.00
  • Lot Size Acres: 0.2067

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 1.00
  • Gross Income: 3.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 9004.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 8487.00
  • Tax Block: 6
  • Tax Census Tract: 5342.03
  • Tax Lot: 2
  • Tax Tract Number: 11318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Velazquez Ernesto Ignacio
Bought by
Naranjo Luis A and Naranjo Liliana Soto
Current Estimated Value
$869,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,665
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2014
Sold by
Velasquez Celia Gonzalez
Bought by
Revoc Velazquez Celia Gonzalez and Revoc Celia Gonzalez Velazquez

Purchase Details

Closed on
Mar 13, 2013
Sold by
Velazquez Celia Gonzalez and The Ignacio Vasquez Velazquez
Bought by
Velazquez Celia Gonzalez

Purchase Details

Closed on
Feb 8, 2011
Sold by
Gonzalez Velazquez Ignacio Vasquez and Gonzalez Velazquez Celia
Bought by
Gonzalez Velazquez Ignacio Vasquez and Gonzalez Velazquez Celia
Source: Public Records

Range of Values:

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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
Naranjo Luis A $681,000 Chicago Title
Revoc Velazquez Celia Gonzalez -- None Available
Velazquez Celia Gonzalez -- None Available
Gonzalez Velazquez Ignacio Vasquez -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naranjo Luis A $668,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $681,000 +0.3% $453 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $679,000 -- $452 / 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 $10,760 $737,134 $584,513 $152,621
2024 $10,760 $722,681 $573,052 $149,629
2023 $10,721 $708,512 $561,816 $146,696
2022 $10,279 $694,620 $550,800 $143,820
2021 $9,613 $674,920 $545,594 $129,326
2020 $2,465 $48,809 $28,666 $20,143
2019 $2,394 $47,853 $28,104 $19,749
2018 $2,227 $46,915 $27,553 $19,362
2016 $2,089 $45,095 $26,484 $18,611
2015 $1,907 $44,419 $26,087 $18,332
2014 $1,805 $43,549 $25,576 $17,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20232461

California Regional Multiple Listing Service (CRMLS)

APN: 6230-024-004