NOT LISTED FOR SALE

10108 Stanford Ave South Gate, CA 90280

Estimated Value: $734,000 - $855,000

4 Beds
2 Baths
1,440 Sq Ft
$537/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $690,000 $479 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,823/month

11 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Legacy High School Complex Rated A-

About This Home

As of April 2022

Are you looking for an opportunity to generate extra income? Look no further! These great two units are centrally located to shopping centers, restaurants, freeways & more. Both units will be delivered vacant at close of escrow!! Text / Email to schedule a private showing Saturday!

Last Agent to Sell the Property

Mel Robles

Century 21 Allstars License #01169359 Listed on: 12/12/2021

Century 21 Allstars

Last Buyer's Agent

Mel Robles

Century 21 Allstars License #01169359 Listed on: 12/12/2021

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,232

Year Built

  • Built in 1948

Lot Details

  • 5,402 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,440 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 918
  • Tax Tract Number 7046
  • Assessor Parcel Number 6207015020
  • $677 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Fuel Expense $876
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • Operating Expense $5,616
  • Gross Income $48,000
  • Net Operating Income $42,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,232

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 324500
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6207015020
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 479.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5402.00
  • Lot Size Acres: 0.1240

Multi Family

  • Electric Expense: 1440.00
  • Fuel Expense: 876.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5402.0000 Square Feet
  • Net Operating Income: 42384.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5616.00
  • Rent Control: No
  • Total Expenses: 5616.00

Tax Info

  • Tax Census Tract: 5356.07
  • Tax Lot: 918
  • Tax Tract Number: 7046
  • TaxOtherAnnualAssessmentAmount: 677.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Naranjo Ma D and Degarcia Ma De
Bought by
Garcia Ma De Jesus Nar and Banuelos Victor
Current Estimated Value
$773,000

Purchase Details

Listed on
Dec 12, 2021
Closed on
Apr 20, 2022
Sold by
Chanquin Hernandez Fredy Hernan
Bought by
Naranjo Ma D and Banuelos Victor
Seller's Agent
Mel Robles
Century 21 Allstars
Buyer's Agent
Mel Robles
Century 21 Allstars
List Price
$649,000
Sold Price
$690,000
Premium/Discount to List
$41,000
6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$561,660
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2003
Sold by
Aragon Felipe
Bought by
Chanquin Fredy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Interest Rate
5.37%

Purchase Details

Closed on
Sep 4, 2002
Sold by
Uribe Manuel
Bought by
Aragon Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,200
Interest Rate
7.87%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Uribe Julia
Bought by
Uribe Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,200
Interest Rate
7.87%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Uribe Manuel
Bought by
Uribe Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,677
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 1997
Sold by
Sandoval Jose R and Manzo Oscar
Bought by
Uribe Manuel

Purchase Details

Closed on
May 22, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Uribe Manuel and Sandoval Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,548
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1997
Sold by
Uribe Julia
Bought by
Uribe Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,548
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1996
Sold by
Tello Giovanny and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Garcia Ma De Jesus Nar -- None Listed On Document
Naranjo Ma D $690,000 New Title Company Name
Chanquin Fredy H $275,000 Chicago Title Co
Chanquin Fredy H -- Chicago Title Co
Aragon Felipe $203,000 Southland Title Company
Uribe Manuel -- Southland Title
Uribe Manuel -- Chicago Title Co
Uribe Manuel -- North American Title
Uribe Manuel $151,000 Provident Title Company
Uribe Manuel -- Provident Title Company
Federal Home Loan Mortgage Corporation $140,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naranjo Ma D $561,660
Previous Owner Chanquin Fredy H $266,750
Previous Owner Aragon Felipe $172,200
Previous Owner Uribe Manuel $146,677
Previous Owner Uribe Manuel $148,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $690,000 +6.3% $479 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/12/2021 12/12/21 For Sale $649,000 -- $451 / 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 $9,232 $732,232 $477,543 $254,689
2024 $9,232 $717,876 $468,180 $249,696
2023 $9,070 $703,800 $459,000 $244,800
2022 $4,931 $375,298 $136,469 $238,829
2021 $4,870 $367,941 $133,794 $234,147
2019 $4,717 $357,030 $129,827 $227,203
2018 $4,590 $350,031 $127,282 $222,749
2017 $4,494 $343,169 $124,787 $218,382
2016 $4,381 $336,441 $122,341 $214,100
2015 $4,310 $331,389 $120,504 $210,885
2014 $4,313 $324,899 $118,144 $206,755
Source: Public Records

Agents Affiliated with this Home

  • Mel Robles

    Seller's Agent in 2022

    Mel Robles

    Century 21 Allstars

    (323) 816-6680

    2 in this area

    17 Total Sales

    Mel Robles
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21261156

California Regional Multiple Listing Service (CRMLS)

APN: 6207-015-020

California Los Angeles County South Gate 90280

10108 Stanford Ave, South Gate, CA

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