NOT LISTED FOR SALE

2511 Kansas Ave South Gate, CA 90280

Estimated Value: $807,000 - $943,000

3 Beds
3 Baths
1,896 Sq Ft
$459/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $365,000 $193 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,116/month

312 Days on Market

Highlights

  • Spanish Architecture
  • Carpet
  • Heating System Uses Natural Gas
  • Legacy High School Complex Rated A-

About This Home

As of September 2013

SHORT SALE !!! This is a great investment property, 3 Units that has been completely remodel. It brings $ 2,600 in monthly rent and it has positive cash flow depending on the loan. Also great property for first time buyers. First time buyers welcome.

Last Agent to Sell the Property

Rafael Galdamez

Castle Realty Homes License #01372518 Listed on: 07/30/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,081

Year Built

  • Built in 1937

Lot Details

  • 5,317 Sq Ft Lot

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,896 Sq Ft Home
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 131
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205023020

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • New Taxes Expense $3,200
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,081

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 6205023020
  • Year Built: 1937
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 192.51

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooking, Free Standing, Range
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5317.00
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Income: 31200.00
  • Gross Multiplier: 9.62
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 5317.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Operating Expense: 4800.00

Tax Info

  • New Taxes Expense: 3200.00
  • Tax Area: 664
  • Tax Lot: 131
  • Tax Tract Number: 5527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Jul 23, 2013
Sold by
Quintanilla Juan
Bought by
Murga Ricardo A and Trejo Rubi T
Seller's Agent
Rafael Galdamez
Castle Realty Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$300,000
Sold Price
$365,000
Premium/Discount to List
$65,000
21.67%
Current Estimated Value
$869,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,333
Avg. Annual Appreciation
7.45%
Original Mortgage
$273,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Guzonatto Ruben Omar and Guzonatto Hector O
Bought by
Guzonatto Hector O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2006
Sold by
Guzonatto Hector and Guzonatto Maria De Jesus
Bought by
Quintanilla Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
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
Murga Ricardo A $365,000 First American Title Ins Co
Guzonatto Hector O -- Fidelity National Title Co
Quintanilla Juan $450,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murga Ricardo A $273,000
Previous Owner Guzonatto Hector O $45,000
Previous Owner Quintanilla Juan $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2013 09/16/13 Sold $365,000 +21.7% $193 / Sq Ft
08/03/2013 08/03/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $300,000 -- $158 / 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 $6,081 $447,428 $263,554 $183,874
2024 $6,081 $438,656 $258,387 $180,269
2023 $5,978 $430,056 $253,321 $176,735
2022 $5,702 $421,624 $248,354 $173,270
2021 $5,631 $413,358 $243,485 $169,873
2019 $5,456 $401,480 $236,264 $165,216
2018 $5,324 $393,616 $231,632 $161,984
2016 $5,081 $377,969 $222,639 $155,330
2015 $5,000 $372,292 $219,295 $152,997
2014 $5,007 $365,000 $215,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rafael Galdamez

    Castle Realty Homes

    (714) 480-0777

    1 Total Sale

    Rafael Galdamez
    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,945 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1204879

California Regional Multiple Listing Service (CRMLS)

APN: 6205-023-020

California Los Angeles County South Gate 90280

2511 Kansas Ave, South Gate, CA

This home is located at 2511 Kansas Ave, South Gate, CA 90280 since 30 July 2013 and is currently estimated at $869,333, approximately $458 per square foot. This property was built in 1937. 2511 Kansas Ave is a home located in Los Angeles County with nearby schools including Stanford 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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