Description
Long-Term Municipal Ownership
32% Upside in Rental Income
Across the Street from Nueva Vista Elementary School
Near Bell City Hall and Public Library on Pine
- Listed by Luis Vazquez • DRE #00841513 • Brokerage DRE #01058300 • Burton S. Young, Broker • 310-704-9109
Property Details for 6229 Flora
Property Details for 6229 Flora
| Status | Closed |
|---|---|
| MLS # | OC23222260 |
| Days on Market | 79 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1922 |
| Lot Size | 0.13 AC / 5,822 SF |
| County | Los Angeles |
Location
Sold By NONMEMBER MRML, Richard Montano, DRE #CalBRE Lic.# 00878810
Building Information for 6229 Flora
Payment Calculator
$3,057 per month
30 year fixed, 6.11% Interest
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1Property Information for 6229 Flora
- Tenant Pays: Cable TV, Electricity, Gas, Telephone
- Gross Income: $22,200
- Gross Scheduled Income: $22,200
- Vacancy Allowance: 3
- Vacancy Allowance Rate: 666
- Gross Operating Income: $21,534
- Net Operating Income: $11,664
- Other Income Description: Rents are 38% Below Market
- Cap Rate: 1.9
- Operating Expense: $10,536
- New Taxes Expense: $7,750
- Insurance Expense: $400
- Maintenance Expense: $1,110
- Other Expense: $1,076
- Other Expense Description: Mgmt
- Trash Expense: $0
- Water Sewer Expense: $500
- Total Expenses: $10,546
- Tax Annual Amount: $7,740
- Tax Tract Number: 631...
- CFD/Mello-Roos Fee: $0
- Taxes Percent: 1.25%
- Tax Lot: 6317
- Accessibility Features: None
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Sidewalks, Street Lights
- Appliances: Gas Oven
- Room Type: All Bedrooms Down, Living Room
- Laundry Features: None, Common Area
- Fireplace Features: None
- Flooring Type: Carpet
- Flooring: Carpet
- Construction Materials: Drywall Walls, Stucco
- Exterior: Stucco
- Roof: Shingle
- Entry Location: Front
- Fence: Yes
- Fencing: Wrought Iron
- Pool Features: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Lot Features: 2-5 Units/Acre
- Land Lease: No
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: One
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 2
- Parking: Yes
- Uncovered Spaces: 1
- Parking Features: Assigned, Carport, Garage
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $950
- Unit Type Total Rent: $950
- Unit Type Pro Forma: 1200
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $900
- Unit Type Total Rent: $900
- Unit Type Pro Forma: 1500
- Unit Type Type: 2
- Number Of Units Leased: 2
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 6229 Flora
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 20, 2024 | Sold CRMLS #OC23222260 | $630,000 | — |
| May 20, 2024 | Sold SDMLS #OC23222260 | $630,000 | — |
| Feb 23, 2024 | Pending CRMLS #OC23222260 | — | |
| Feb 23, 2024 | Pending SDMLS #OC23222260 | — | |
| Dec 6, 2023 | Listed (Active) SDMLS #OC23222260 | $620,000 | — |
| Dec 6, 2023 | Listed (Active) CRMLS #OC23222260 | $620,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/20/2024 | Sold CRMLS #OC23222260 | $630,000 |
| 05/20/2024 | Sold SDMLS #OC23222260 | $630,000 |
| 02/23/2024 | Pending CRMLS #OC23222260 | — |
| 02/23/2024 | Pending SDMLS #OC23222260 | — |
| 12/06/2023 | Listed (Active) SDMLS #OC23222260 | $620,000 |
| 12/06/2023 | Listed (Active) CRMLS #OC23222260 | $620,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6229 Flora
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | K to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Nueva Vista Elementary School PublicK to 6 | ||
Elizabeth Learning Center PublicK to 12 | ||
Chester W. Nimitz Middle School Public6 to 8 | ||
Bell Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Burton S. Young, Broker, Luis Vazquez, DRE #00841513
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.