NOT LISTED FOR SALE

2527 Ohio Ave South Gate, CA 90280

7 Beds
9 Baths
5,112 Sq Ft
15,987 Sq Ft

Last Sold November 14, 2014

Last sale price $905,000 $177 Per Sq Ft

85 Days on Market

Highlights

  • 0.37 Acre Lot
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Landscaped
  • 1-Story Property

About This Home

As of November 2014

Trust Sale, requiring court confirmation. Accepted offer of $905,000. Court date 9/3/2014 8:30 AM at 111 N. Hill Street, Dept 9.Overbidding will start at $950,750. 10% deposit required. Beautifully maintained 3 building 9 unit Garden Apts located in a residential neighborhood with great upside potential. 7 one bedroom units and 2 studio apts. Each unit has laundry room. Newer windows throughout. Sold AS IS.

Last Agent to Sell the Property

Sue Bernstein

Rodeo Realty License #01068367 Listed on: 06/10/2014

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.37 Acre Lot
  • No Common Walls
  • Landscaped

Interior Spaces

  • 5,112 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Parking

  • 9 Parking Spaces
  • 9 Carport Spaces

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205025020

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Gardener Expense $3,038
  • Insurance Expense $2,745
  • Maintenance Expense $2,625
  • Professional Management Expense $5,395
  • Trash Expense $2,717
  • Water Sewer Expense $255
  • Gross Income $4,995
  • Net Operating Income $40,704

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0.37 Acres

Listing Details

  • Professional Management Expense: 5395.00
  • Property Attached: No
  • Water Sewer Expenses: 255.00
  • Property Type: Residential Income
  • Gardener Expense: 3038.00
  • Parcel Number: 6205025020
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 177.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 2717.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 15986.00
  • Lot Size Acres: 0.3670

Multi Family

  • Gross Income: 4995.00
  • Gross Scheduled Income: 59940.00
  • Insurance Expense: 2745.00
  • Lot Size Area: 15986.0000 Square Feet
  • Maintenance Expense: 2625.00
  • Net Operating Income: 40704.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Total: 9
  • Operating Expense: 19236.00
  • Rent Control: No

Tax Info

  • Tax Lot: 100
  • Tax Tract Number: 5527
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $905,000 +20.8% $177 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $749,000 -- $147 / 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 $15,346 $1,087,666 $721,106 $366,560
2024 $15,346 $1,066,340 $706,967 $359,373
2023 $15,096 $1,045,432 $693,105 $352,327
2022 $14,429 $1,024,934 $679,515 $345,419
2021 $14,251 $1,004,839 $666,192 $338,647
2020 $14,353 $995,537 $659,362 $336,175
2019 $13,825 $976,037 $646,434 $329,603
2018 $13,481 $956,919 $633,759 $323,160
2016 $12,836 $918,801 $609,150 $309,651
2015 $12,633 $905,000 $600,000 $305,000
2014 $5,692 $301,894 $124,307 $177,587
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14121405

California Regional Multiple Listing Service (CRMLS)
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