NOT LISTED FOR SALE

10505 State St South Gate, CA 90280

Estimated Value: $783,000 - $890,000

3 Beds
3 Baths
1,856 Sq Ft
$453/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $570,000 $307 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,246/month

195 Days on Market

About This Home

As of January 2020

WALKING DISTANCE TO THE MEXICO LYNWOOD SHOPPING CENTER, BEST LOCATION IN SO. GATE, ONLY ONE BLOCK FROM LONG BEACH BLVD. AND TWO BLOCKS FROM MLK BLVD. A GREAT CORNER LOT, CLOSE TO SCHOOLS, CHURCHES, PARKS, SHOPPING CENTERS AND 105 FWY.

Last Agent to Sell the Property

Roberto Guerra Martinez

New Century Realty License #01189605 Listed on: 04/02/2019

Last Buyer's Agent

Maria Zuloaga

Century 21 Masters License #01264805

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,087

Year Built

  • Built in 1928

Lot Details

  • 4,859 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • 1,856 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5222

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,087

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Ad Number: 323-888-8853
  • Other Phone Description: 323-888-8853
  • Other Phone Number: 323-888-8853
  • Property Attached: Yes
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 307.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4859.00
  • Lot Size Acres: 0.1115

Multi Family

  • Gross Income: 3650.00
  • Gross Scheduled Income: 3650.00
  • Lot Size Area: 4859.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 3650.00

Tax Info

  • Tax Census Tract: 5356.07
  • Tax Lot: 6
  • Tax Tract Number: 5222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2019
Sold by
Bocanegra Victor and Bocanegra Guadalupe
Bought by
Moreno Juan J Velasquez and Moreno Alvano Velasquez
Current Estimated Value
$840,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Bocanegra Victor
Bought by
Bocanegra Victor and Bocanegra Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1999
Sold by
Bocanegra Victor and Bocanegra Maricela
Bought by
Bocanegra Victor and Bocanegra Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,673
Interest Rate
7.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Moreno Juan J Velasquez $570,000 Fidelity National Title Co
Bocanegra Victor -- Security Union Title
Bocanegra Victor -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Juan J Velasquez $456,000
Previous Owner Bocanegra Victor $360,000
Previous Owner Bocanegra Victor $288,000
Previous Owner Bocanegra Victor $189,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $570,000 -0.9% $307 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $575,000 0.0% $310 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $575,000 -- $310 / 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 $8,087 $623,374 $342,308 $281,066
2024 $8,087 $611,152 $335,597 $275,555
2023 $7,946 $599,169 $329,017 $270,152
2022 $7,567 $587,421 $322,566 $264,855
2021 $7,477 $575,904 $316,242 $259,662
2020 $4,418 $306,657 $138,889 $167,768
2019 $4,254 $300,645 $136,166 $164,479
2018 $4,141 $294,751 $133,497 $161,254
2016 $3,946 $283,308 $128,314 $154,994
2015 $3,882 $279,053 $126,387 $152,666
2014 $3,891 $273,588 $123,912 $149,676
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2020

    Maria Zuloaga

    Century 21 Masters

    (562) 927-2626

    17 Total Sales

    Maria Zuloaga
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19073881

California Regional Multiple Listing Service (CRMLS)

APN: 6207-026-004

California Los Angeles County South Gate 90280

10505 State St, South Gate, CA

This home is located at 10505 State St, South Gate, CA 90280 since 02 April 2019 and is currently estimated at $840,753, approximately $452 per square foot. This property was built in 1928. 10505 State St is a home located in Los Angeles County with nearby schools including Montara Avenue Elementary School, Southeast Middle School, and South Gate Middle School.

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.

California Regional Multiple Listing Service (CRMLS) 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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