NOT LISTED FOR SALE

10607 Otis St South Gate, CA 90280

Estimated Value: $793,000 - $858,323

5 Beds
2 Baths
1,747 Sq Ft
$476/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $549,000 $314 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,868/month

3 Days on Market

About This Home

As of December 2017

This is a beautiful 2 unit property and ideal for two families. Front unit has 2 bedrooms 1 bath and back unit is a 3 bedroom 1 bat. They are detached from each other in a excellent and quiet neighborhood with a beautiful shaded back yard and plenty of space in between units perfect for family barbecues. It has along driveway with plenty of parking space and a a 2 car garage. Do no miss this great opportunity!

Last Agent to Sell the Property

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055 Listed on: 09/29/2017

Last Buyer's Agent

Gil Rodriguez

Sharpstone Realty License #01500176

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,376 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Front Yard

Home Design

  • 1,747 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 413
  • Tax Tract Number 6557
  • Assessor Parcel Number 6218018004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,376 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: SGR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6218018004
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 314.25

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 6376.00
  • Lot Size Acres: 0.1464

Multi Family

  • Lot Size Area: 6376.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5359.02
  • Tax Lot: 413
  • Tax Tract Number: 6557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Oct 20, 2017
Sold by
Diaz Walter and Diaz Maria A
Bought by
Alvarado Jose and Torres Mireya
Seller's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
Buyer's Agent
Gil Rodriguez
Sharpstone Realty
List Price
$499,000
Sold Price
$549,000
Premium/Discount to List
$50,000
10.02%
Current Estimated Value
$816,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,168
Avg. Annual Appreciation
5.15%
Original Mortgage
$434,500
Outstanding Balance
$363,512
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$467,819

Purchase Details

Closed on
Oct 22, 1998
Sold by
Diaz Arminda and Garcia Jose P
Bought by
Diaz Walter and Diaz Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.6%

Purchase Details

Closed on
May 5, 1995
Sold by
Himes Franklin J and Himes Joy M
Bought by
Diaz Walter and Diaz Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,150
Interest Rate
8.47%

Purchase Details

Closed on
Apr 4, 1995
Sold by
Garcia Bertha
Bought by
Garcia Jose P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,150
Interest Rate
8.47%
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
Alvarado Jose $549,000 Lawyers Title
Diaz Walter -- Benefit Land Title Company
Diaz Walter $206,000 Gateway Title Co
Garcia Jose P -- Gateway Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Jose $434,500
Previous Owner Diaz Walter $193,000
Previous Owner Diaz Walter $185,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $549,000 +10.0% $314 / Sq Ft
10/18/2017 10/18/17 For Sale $499,000 -9.1% $286 / Sq Ft
10/12/2017 10/12/17 Off Market $549,000 -- --
10/10/2017 10/10/17 For Sale $499,000 -9.1% $286 / Sq Ft
10/07/2017 10/07/17 Off Market $549,000 -- --
10/02/2017 10/02/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $499,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,003 $624,665 $250,321 $374,344
2024 $8,003 $612,417 $245,413 $367,004
2023 $7,865 $600,409 $240,601 $359,808
2022 $7,487 $588,637 $235,884 $352,753
2021 $7,399 $577,096 $231,259 $345,837
2020 $7,458 $571,179 $228,888 $342,291
2019 $7,164 $559,980 $224,400 $335,580
2018 $7,037 $549,000 $220,000 $329,000
2017 $4,077 $297,976 $125,761 $172,215
2016 $3,970 $292,135 $123,296 $168,839
2015 $3,908 $287,747 $121,444 $166,303
2014 $3,913 $282,112 $119,066 $163,046
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2017

    IVAN ANTHONY SOLIS

    CENTRAL FINANCIAL AND REALTY

    (323) 725-0411

    91 Total Sales

    IVAN ANTHONY SOLIS
    Section Image
  • Gil Rodriguez

    Buyer's Agent in 2017

    Gil Rodriguez

    Sharpstone Realty

    (562) 217-7646

    2 in this area

    41 Total Sales

    Gil Rodriguez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17213477

California Regional Multiple Listing Service (CRMLS)

APN: 6218-018-004

California Los Angeles County South Gate 90280

10607 Otis St, South Gate, CA

Not Listed for Sale

MultiFamily

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