Seller's Agent in 2017
Jennifer Avellan
Keller Williams SELA
(310) 346-7851
162 Total Sales
8032 Eastern Ave Bell Gardens, CA 90201
Estimated Value: $636,000
5
Beds
3
Baths
2,718
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Laundry Room
- West Facing Home
- Wall Furnace
- Outdoor Storage
About This Home
As of May 2017INVESTMENT OPPORTUNITY in the City of Bell Gardens. This 4 Unit mix consists of a commercial unit on the High traffic count street of Eastern Ave & was last used as a church. The other 3 units are residential with the following unit mix: Unit 8032 is a 3 bedroom/1 bath, Unit 8034 is a 1 bedroom/1 bath & Unit 8034 1/2 is a 1 bedroom/1 bath unit. A multitude of options for anyone w/an outside the box approach...Owner user business potential, possible development opportunity, remodel all the units & have an excellent cash flow or simply live in one & rent out the other units thereby living for FREE!! Plenty of parking in the front designated parking section as well as possible additional parking available at rear due to having alley access.Onsite laundry room. 2 storage units at rear. This property needs a lot of TLC, is priced to sell & possibly can be purchased w/an FHA 203K loan, private money loan, cash &/or a commercial loan. Location! Location! Short distance to all your heart desires.Enjoy the plethora of shops, restaurants & markets along Eastern & Florence Aves.Close to the 5, 710 & 105 fwys. Minutes to the Metro Bus Lines: 258/115/611/111/311. The location earned a 72 WalkScore®.Title shows a total of 3 units but property is physically 4 units.Title lists Zoning as CM* Use codes: Commercial/Office/Residential Mixed Use. Buyer to verify all & entire condition & all information on this property on their own & must satisfy themselves as to all aspects of this property.
Last Agent to Sell the Property
Keller Williams SELA License #01468000 Listed on: 01/29/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 8,001 Sq Ft Lot
- 1 Common Wall
- West Facing Home
Home Design
- 2,718 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
Parking
- Parking Available
- Driveway
- Paved Parking
- RV Potential
- Assigned Parking
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Utilities
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 23
- Tax Tract Number 11124
- Assessor Parcel Number 6230009016
Community Details
Overview
- 3 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2019
Sold by
Luna Hugo Palomo
Bought by
Luna Hugo Palomo and Hugo Palomo Luna Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$582,488
Interest Rate
3.6%
Purchase Details
Listed on
Jan 29, 2017
Closed on
Apr 25, 2017
Sold by
Palomo Dora
Bought by
Luna Hugo Palomo
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Jennifer Avellan
Keller Williams SELA
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 29, 2017
Closed on
Apr 21, 2017
Sold by
Successors Renda Hahn and Berfice Gakardo Trust
Bought by
Luna Hugo Palomo
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Jennifer Avellan
Keller Williams SELA
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2007
Sold by
Galardo Bernice
Bought by
The Bernice Galardo Trust
Purchase Details
Closed on
Jul 13, 2005
Sold by
Galardo Bernice
Bought by
Galardo Bernice and Hahn Brenda
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luna Hugo Palomo | -- | Ticor Title Company | |
| Luna Hugo Palomo | -- | Old Republic Title Company | |
| Luna Hugo Palomo | $510,000 | Old Republic Title Company | |
| The Bernice Galardo Trust | -- | None Available | |
| Galardo Bernice | -- | None Available | |
| Galardo Bernice | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luna Hugo Palomo | $665,000 | |
| Previous Owner | Luna Hugo Palomo | $587,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2017 05/16/17 | Sold | $510,000 | +2.2% | $188 / Sq Ft |
| 01/29/2017 01/29/17 | For Sale | $499,000 | -- | $184 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,105 | $594,351 | $464,232 | $130,119 |
| 2024 | $10,105 | $582,698 | $455,130 | $127,568 |
| 2023 | $10,035 | $571,273 | $446,206 | $125,067 |
| 2022 | $9,602 | $560,072 | $437,457 | $122,615 |
| 2021 | $9,052 | $549,091 | $428,880 | $120,211 |
| 2020 | $8,969 | $543,462 | $424,483 | $118,979 |
| 2019 | $8,681 | $532,807 | $416,160 | $116,647 |
| 2018 | $8,637 | $520,200 | $408,000 | $112,200 |
| 2017 | $3,031 | $55,507 | $24,267 | $31,240 |
| 2016 | $2,925 | $54,420 | $23,792 | $30,628 |
| 2015 | $2,676 | $53,603 | $23,435 | $30,168 |
| 2014 | $2,515 | $52,554 | $22,976 | $29,578 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Avellan
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB17018842
APN: 6230-009-016
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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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