10615 Elizabeth Ave South Gate, CA 90280
4
Beds
3
Baths
2,711
Sq Ft
9,210
Sq Ft Lot
Highlights
- Laundry Room
- Legacy High School Complex Rated A-
- 1-Story Property
About This Home
As of January 2025Discover this stunning South Gate quadplex at 10613-10615 Elizabeth, a true gem blending charm and practicality. Three of the units are charming 1-bedroom, 1-bath layouts, each featuring their own private garage for ultimate convenience. The centerpiece is the spacious, stand-alone 3-bedroom, 2-bath main house, complete with vaulted ceilings, an airy floor plan, and an attached 2-car garage – perfect for an owner-occupant or a high demand premium rental! This property offers the best of both worlds: steady income potential with room to enjoy as your own. Don't miss out on this rare, versatile property in a prime location! Nestled in a vibrant community, this property offers unbeatable convenience: just minutes from major freeways, easy access to the Metro line for commuters, and surrounded by excellent schools, parks, shopping, and dining. With South Gate’s diverse amenities and a blend of charm and practicality, this is the perfect opportunity for steady income potential or multi-generational living. Don’t miss your chance to own in one of the area’s most sought-after neighborhoods! Property zoned Multi Family and according to the city of South Gate two more ADU units can be added and garages can be converted for more income potential. Brand new roofs on main house and 3 apartments.
3-1 BEDROOM UNITS WILL BE OCCUPIED.
1-3-BEDROOM UNIT WILL BE DELIVERED VACANT
Last Agent to Sell the Property
LPT Realty, Inc Brokerage Phone: 562-857-4686 License #01478328 Listed on: 11/06/2024
Last Buyer's Agent
LPT Realty, Inc Brokerage Phone: 562-857-4686 License #01478328 Listed on: 11/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,451
Year Built
- Built in 1948
Lot Details
- 9,210 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,711 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 2759
- Tax Tract Number 5772
- Assessor Parcel Number 6208017036
- $1,253 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $6,000
- Fuel Expense $2,200
- Insurance Expense $2,000
- Trash Expense $8,000
- Water Sewer Expense $5,500
- Operating Expense $23,700
- Gross Income $120,300
- Net Operating Income $120,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2024
Closed on
Nov 25, 2024
Sold by
Montenegro Family Living Trust and Montenegro Antonino
Bought by
Ramirez Vivian G and Ramirez Ivan
Seller's Agent
Sarah Miller
LPT Realty, Inc
Buyer's Agent
Sarah Miller
LPT Realty, Inc
List Price
$999,000
Sold Price
$1,145,000
Premium/Discount to List
$146,000
14.61%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,363
Avg. Annual Appreciation
-2.02%
Original Mortgage
$855,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2014
Sold by
Montenegro Antonino and Montenegro Sofia
Bought by
Montenegro Family Living Trust
Similar Homes in South Gate, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,140,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $855,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $190,000 | Unknown | |
| Previous Owner | $155,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2025 01/23/25 | Sold | $1,145,000 | 0.0% | $422 / Sq Ft |
| 01/23/2025 01/23/25 | Sold | $1,145,000 | +14.6% | $422 / Sq Ft |
| 11/06/2024 11/06/24 | For Sale | $999,000 | 0.0% | $368 / Sq Ft |
| 11/06/2024 11/06/24 | For Sale | $999,000 | -- | $368 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,451 | $281,294 | $76,359 | $204,935 |
| 2024 | $4,451 | $275,779 | $74,862 | $200,917 |
| 2023 | $4,382 | $270,373 | $73,395 | $196,978 |
| 2022 | $4,203 | $265,072 | $71,956 | $193,116 |
| 2021 | $4,141 | $259,876 | $70,546 | $189,330 |
| 2020 | $4,162 | $257,212 | $69,823 | $187,389 |
| 2019 | $4,021 | $252,169 | $68,454 | $183,715 |
| 2018 | $3,816 | $247,225 | $67,112 | $180,113 |
| 2016 | $3,624 | $237,627 | $64,507 | $173,120 |
| 2015 | $3,566 | $234,059 | $63,539 | $170,520 |
| 2014 | $3,580 | $229,475 | $62,295 | $167,180 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Miller
Seller's Agent in 2025
Sarah Miller
LPT Realty, Inc
(877) 366-2213
2 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24222900
APN: 6208-017-036
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