NOT LISTED FOR SALE

10005 Pinehurst Ave South Gate, CA 90280

Estimated Value: $711,113 - $880,000

1 Bed
2 Baths
1,281 Sq Ft
$624/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $440,000 $343 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,596/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Back Yard
  • Laundry Room
  • Wood Fence
  • 1-Story Property

About This Home

As of May 2017

You'll love this set of units near South Gate Park! 3 units in great shape with good monthly rents. This property features 2 units with 1 bed and 1 bath, 3rd unit is a studio, 2 car garage with a long drive way, extra storage room, nice big yard with fruit trees, nearby schools and parks. The property is very well maintained by owner. Great investment opportunity!

Last Agent to Sell the Property

Fredy Orellana

Realty Connection Group License #01496196 Listed on: 01/10/2017

Last Buyer's Agent

Flavio Acosta

Real Consultants Mortgage Real License #01208928

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 5,397 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,281 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6436
  • Assessor Parcel Number 6220024016

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: SGR3*
  • Property Type: Residential Income
  • Parcel Number: 6220024016
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 343.48

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5397.00

Multi Family

  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 5361.03
  • Tax Lot: 1
  • Tax Tract Number: 6436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2017
Sold by
Pena Imelda
Bought by
Novoa Florentino
Current Estimated Value
$773,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
8.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Novoa Florentino $440,000 Wfg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Novoa Florentino $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $440,000 -7.4% $343 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $474,999 -- $371 / 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 $6,685 $510,653 $185,692 $324,961
2024 $6,685 $500,641 $182,051 $318,590
2023 $6,569 $490,826 $178,482 $312,344
2022 $6,259 $481,203 $174,983 $306,220
2021 $6,185 $471,768 $171,552 $300,216
2019 $5,989 $457,776 $166,464 $291,312
2018 $5,851 $448,800 $163,200 $285,600
2016 $3,457 $249,088 $129,632 $119,456
2015 $3,400 $245,347 $127,685 $117,662
2014 $3,408 $240,542 $125,184 $115,358
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Fredy Orellana

    Realty Connection Group

    Section Image

  • F

    Buyer's Agent in 2017

    Flavio Acosta

    Real Consultants Mortgage Real

    (213) 369-6172

    6 Total Sales

    Flavio Acosta
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17006250

California Regional Multiple Listing Service (CRMLS)

APN: 6220-024-016

California Los Angeles County South Gate 90280

10005 Pinehurst Ave, South Gate, CA

Not Listed for Sale

MultiFamily

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