NOT LISTED FOR SALE

9532 Friendship Ave Pico Rivera, CA 90660

Estimated Value: $1,292,000 - $1,655,000

7 Beds
5 Baths
3,616 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $821,000 $227 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,745/month

132 Days on Market

Highlights

  • Horse Property
  • All Bedrooms Downstairs
  • Open Floorplan
  • Filtered Pool
  • 21,344 Sq Ft lot
  • Wood Flooring

About This Home

As of November 2016

Extremely Rare property!2 detached houses on very large lot.Zoned for horses,multifamily with large pool in quiet residential neighborhood.Back house (approx.1900 sq ft.)has been majorly remodeled new roof,paint, electrical,flooring, plumbing, heating/AC,new fixtures throughout,new cabinets,granite,appliances,windows,doors,irrigation system,& landscaping. Floor plan is light/airy and designed such that a separate Mother-in-law quarters could be segregated at one side of the house with its 'own entrances.Back house has 4 bed/3 ba.& has not been lived in since remodel.Front house (approx. 1700 sq. ft.) has 3 bed 2 ba and is currently rented out at $2200/mo.with seasoned stable tenant.Please do not disturb tenant.Back portion of property has large blank lot. Could be used as horse corral or possibly built for additional garage/storage space. Live in one house rent out the other.Lots of potential.

Last Agent to Sell the Property

Warren Tarmas

Warren Tarmas, Realtor License #00926488 Listed on: 04/28/2016

Last Buyer's Agent

Warren Tarmas

Warren Tarmas, Realtor License #00926488 Listed on: 04/28/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,121

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Home Design

  • Additions or Alterations
  • Raised Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,616 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Home Office
  • Center Hall
  • Attic

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 5 Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Assigned Parking

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot
  • Low Pile Carpeting

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Filtered Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Horse Property
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • SEER Rated 13-15 Air Conditioning Units
  • Central Air
  • High Efficiency Heating System
  • Combination Of Heating Systems
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 3 / C
  • Tax Tract Number 10857
  • Assessor Parcel Number 8122001003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Trash Expense $180
  • Water Sewer Expense $1,596
  • Gross Income $2,105
  • Net Operating Income $2,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,121

Year Built

Built in 1941 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Becky
  • Other Phone Number: 9492910960
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Water Sewer Expenses: 1596.00
  • Zoning: PRRE
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8122001003
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Unfurnished
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Doors - Swing In, Entry Slope Less Than 1 Foot, Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 227.05
  • Room Type: Attic, All Bedrooms Down, Center Hall, Den, Living Room, Master Bedroom, Main Floor Master Bedroom, Walk-In Closet, Office
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Wood Frames

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Wrought Iron
  • Pool Features: Fenced, Filtered, In Ground
  • Roof: Composition, Tile
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas Range, Gas Cooktop, High Efficiency Water Heater, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Combination, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Trash Expense: 180.00
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Appliances, Lighting, Windows, Water Heater

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 2-5 Units/Acre, Front Yard, Horse Property, Level, Lawn, Landscaped, Rectangular Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 21344.00
  • Price Per Lot Square Foot: 38.84

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2105.00
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 3000.00
  • Net Operating Income: 2015.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 1183.00
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • Tax Block: C
  • Tax Lot: 3
  • Tax Tract Number: 10857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Cervantes Miguel Moreno and Cervantes Horacio
Bought by
Cervantes Miguel Moreno and Cervantes Horacio
Current Estimated Value
$1,443,403

Purchase Details

Listed on
Apr 28, 2016
Closed on
Oct 9, 2016
Sold by
Apache Productions Inc
Bought by
Cervantes Horacio and Cervantes Miguel Moreno
Seller's Agent
Warren Tarmas
Warren Tarmas, Realtor
Buyer's Agent
Warren Tarmas
Warren Tarmas, Realtor
List Price
$829
Sold Price
$821,000
Premium/Discount to List
$820,171
98934.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$556,500
Outstanding Balance
$446,704
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$996,699

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 21, 2014
Sold by
Guerrero Beatrice and Guerrero Vincent
Bought by
Apache Productions Inc
Seller's Agent
Daniel Marshall
CJ Alann Real Estate Inc
Buyer's Agent
Daniel Marshall
CJ Alann Real Estate Inc
Sold Price
$2,100

Purchase Details

Listed on
Aug 19, 2014
Closed on
Aug 27, 2014
Sold by
Guerrero Beatrice
Bought by
Guerrero Beatrice and Guerrero Vincent
Seller's Agent
Daniel Marshall
CJ Alann Real Estate Inc
Buyer's Agent
Daniel Marshall
CJ Alann Real Estate Inc
Sold Price
$2,100

Purchase Details

Closed on
Sep 5, 2007
Sold by
Guerrero Beatrice
Bought by
Guerrero Beatrice and The Beatrice Guerrero Revocabl

Purchase Details

Closed on
Aug 2, 2006
Sold by
Guerrero Beatrice and Beatrice Guerrero Revocable Li
Bought by
Guerrero Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Guerrero Beatrice and Beatrice Guerrero Revocable Li
Bought by
Guerrero Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 4, 2002
Sold by
Guerrero Beatrice
Bought by
The Beatrice Guerrero Living Trust

Purchase Details

Closed on
Mar 13, 2002
Sold by
Gonzales Raul P and Gonzales Betty E
Bought by
Guerrero Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.5%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Gonzales Raul P and Gonzales Betty Ethel
Bought by
Gonzales Raul P and Gonzales Betty E
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
Cervantes Miguel Moreno -- None Available
Cervantes Horacio $821,000 Orange Coast Title Co Socal
Apache Productions Inc $550,000 Orange Coast Title Company
Guerrero Beatrice -- Stewart Title Of Ca Inc
Guerrero Beatrice -- Civic Center Title Svcs Inc
Guerrero Beatrice -- Commerce Title Corona
Guerrero Beatrice -- First American Title Ins Co
The Beatrice Guerrero Living Trust -- --
Guerrero Beatrice $375,000 --
Gonzales Raul P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Horacio $556,500
Previous Owner Guerrero Beatrice $325,000
Previous Owner Guerrero Beatrice $247,500
Previous Owner Guerrero Beatrice $200,000
Closed Guerrero Beatrice $16,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $821,000 -1.0% $227 / Sq Ft
07/01/2016 07/01/16 Price Changed $829,000 +99900.0% $229 / Sq Ft
04/28/2016 04/28/16 For Sale $829 0.0% $0 / Sq Ft
08/19/2014 08/19/14 Rented $2,100 -12.5% --
08/19/2014 08/19/14 For Rent $2,400 -- --
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 $13,121 $952,834 $696,348 $256,486
2024 $13,121 $934,152 $682,695 $251,457
2023 $12,761 $915,836 $669,309 $246,527
2022 $12,126 $892,639 $651,943 $240,696
2021 $11,860 $875,137 $639,160 $235,977
2020 $12,077 $871,250 $636,724 $234,526
2019 $11,868 $854,168 $624,240 $229,928
2018 $11,335 $837,420 $612,000 $225,420
2016 $8,812 $680,907 $456,862 $224,045
2015 $7,278 $550,000 $450,000 $100,000
2014 -- $246,328 $85,143 $161,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16143446

California Regional Multiple Listing Service (CRMLS)

APN: 8122-001-003