Seller's Agent in 2024
Rosalba Farias
ROA California Inc
(626) 222-1338
1 in this area
50 Total Sales
8042 Garfield Ave Bell Gardens, CA 90201
Estimated Value: $958,000 - $1,047,463
7
Beds
5
Baths
2,747
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- Second Garage
- Private Yard
- Ceramic Countertops
- Colonial Architecture
- No HOA
- Park
About This Home
As of July 2024We are pleased to present a unique investment opportunity in the heart of Bell Gardens, California. This well-maintained quadruplex is hitting the market for the first time in 40 years, offering an ideal chance for both seasoned and novice investors. Each unit offers spacious living areas with ample natural light. Functional kitchens equipped with essential appliances. Each unit is independently metered for gas and electricity, owner pays water and trash. Well-kept common areas with convenient on-site parking available for tenants. Recent upgrades include new roofing on all 4 units. Close proximity to local shopping centers, parks, and schools. Easy access to major highways and public transportation. This property not only offers a stable rental income but also potential for capital appreciation given its good condition and desirable location. Whether you're looking to expand your rental portfolio or step into real estate investment, this quadruplex promises to be a prudent choice. For more information or to schedule a viewing, please contact Listing Agent Rosalba Farias.
Last Agent to Sell the Property
ROA California Inc Brokerage Phone: 626-606-4888 License #00987798 Listed on: 05/11/2024
Last Buyer's Agent
ROA California Inc Brokerage Phone: 626-606-4888 License #00987798 Listed on: 05/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,928
Year Built
- Built in 1949
Lot Details
- 10,582 Sq Ft Lot
- Lot Dimensions are 71 x 150
- No Common Walls
- Chain Link Fence
- Stucco Fence
- Fence is in fair condition
- Rectangular Lot
- Level Lot
- Private Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Second Garage
Home Design
- Quadruplex
- Colonial Architecture
- Entry on the 1st floor
- Slab Foundation
- Fire Rated Drywall
Interior Spaces
- 2,747 Sq Ft Home
- 1-Story Property
- Family Room
- Carbon Monoxide Detectors
- Ceramic Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Standard Electricity
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 7 / 7
- Tax Tract Number 11318
- Assessor Parcel Number 6230025007
- $3,216 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Recreation
- Park
- Bike Trail
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $2,400
- Operating Expense $4,200
- Gross Income $58,800
- Net Operating Income $54,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2024
Closed on
Jul 5, 2024
Sold by
Centofante Kathryn M
Bought by
Villanueva Rosa
Seller's Agent
Rosalba Farias
ROA California Inc
Buyer's Agent
Rosalba Farias
ROA California Inc
List Price
$995,000
Sold Price
$995,000
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,116
Avg. Annual Appreciation
0.86%
Original Mortgage
$746,250
Outstanding Balance
$738,713
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$266,183
Purchase Details
Closed on
Aug 11, 2006
Sold by
Centofante Kathryn Marie Perez
Bought by
Centofante Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.7%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Villanueva Rosa | $995,000 | Atlas Title | |
| Centofante Kathryn M | -- | Financial Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Villanueva Rosa | $746,250 | |
| Previous Owner | Centofante Kathryn M | $428,000 | |
| Previous Owner | Centofante Kathryn M | $470,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2024 07/15/24 | Sold | $995,000 | 0.0% | $362 / Sq Ft |
| 07/02/2024 07/02/24 | For Sale | $995,000 | 0.0% | $362 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | Price Changed | $995,000 | +7.6% | $362 / Sq Ft |
| 05/11/2024 05/11/24 | For Sale | $925,000 | -- | $337 / 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 | $4,928 | $995,000 | $600,000 | $395,000 |
| 2024 | $4,928 | $141,458 | $87,058 | $54,400 |
| 2023 | $4,848 | $138,685 | $85,351 | $53,334 |
| 2022 | $4,606 | $135,967 | $83,678 | $52,289 |
| 2021 | $4,234 | $133,302 | $82,038 | $51,264 |
| 2020 | $4,187 | $131,936 | $81,197 | $50,739 |
| 2019 | $4,065 | $129,350 | $79,605 | $49,745 |
| 2018 | $3,862 | $126,815 | $78,045 | $48,770 |
| 2016 | $3,637 | $121,892 | $75,015 | $46,877 |
| 2015 | $3,342 | $120,062 | $73,889 | $46,173 |
| 2014 | $3,195 | $117,711 | $72,442 | $45,269 |
Source: Public Records
Agents Affiliated with this Home
-
Rosalba Farias
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24088544
APN: 6230-025-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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