NOT LISTED FOR SALE

10607 Otis St South Gate, CA 90280

Estimated Value: $794,750 - $1,002,000

5 Beds
2 Baths
1,747 Sq Ft
$506/Sq Ft Est. Value

Last Sold December 01, 2017

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

Est. 61% increase in value since last sale

Current estimated payment $5,306/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

Est. Annual Taxes

  • $8,003

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

Est. Annual Taxes

$8,003

Year Built

Built in 1923

Lot Details

0

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
$884,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,438
Avg. Annual Appreciation
6.22%
Original Mortgage
$434,500
Outstanding Balance
$363,512
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$520,926

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:

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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 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 $8,003 $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

    102 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

    44 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

This home is located at 10607 Otis St, South Gate, CA 90280 since 29 September 2017 and is currently estimated at $884,438, approximately $506 per square foot. This property was built in 1923. 10607 Otis St is a home located in Los Angeles County with nearby schools including San Miguel Elementary School, South Gate Middle School, and Southeast Middle School.

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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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