S
Seller's Agent in 2018
Sandra Gonzalez
Beverly and Company
(818) 363-6116
45 Total Sales
2566 Southern Ave South Gate, CA 90280
Estimated Value: $867,000 - $1,151,000
5
Beds
4
Baths
2,222
Sq Ft
$452/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Back and Front Yard
- Legacy High School Complex Rated A-
About This Home
As of March 2018BIG PRICE REDUCTION! Beautiful two levels 4 units home recently plumbing and stucco updated throughout the building in South Gate neighborhood. This house includes 4 gorgeous units, 2 up stairs and 2 down stairs plus a single apartment. It has 4 car garage plus 6 car space, a convenience laundry are quarter machine in the back side of the garage which needs to be relocated per pre inspection report. Minutes away from amazing great schools, parks, malls, transportation, restaurants and much more. Subject to cancellation of previous escrow.
Last Agent to Sell the Property
Beverly and Company License #01938940 Listed on: 08/19/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,405
Year Built
- Built in 1949
Lot Details
- 5,408 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Parking
- 4 Car Garage
- Parking Available
- Shared Driveway
Home Design
- Quadruplex
Interior Spaces
- 2,222 Sq Ft Home
- Bonus Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 6
- Tax Tract Number 5527
- Assessor Parcel Number 6205029006
Community Details
Overview
- No Home Owners Association
- 4 Units
- Valley
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,413
- Insurance Expense $1,000
- Other Expense $264
- Water Sewer Expense $3,192
- New Taxes Expense $8,738
- Operating Expense $14,607
- Gross Income $54,240
- Net Operating Income $39,633
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2017
Closed on
Mar 27, 2018
Sold by
Trabanino Rudy W
Bought by
Prieto Franklin and Prieto Jimena
Seller's Agent
Sandra Gonzalez
Beverly and Company
Buyer's Agent
Erika Shinzato
RE/Max Time
List Price
$739,000
Sold Price
$669,000
Premium/Discount to List
-$70,000
-9.47%
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
$335,930
Avg. Annual Appreciation
5.47%
Original Mortgage
$501,750
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2006
Sold by
Ibarra Robert
Bought by
Trabanino Rudy W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 19, 2001
Sold by
Jauregui Betty
Bought by
Ibarra Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,307
Interest Rate
6.63%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 30, 2001
Sold by
Ibarra Tara
Bought by
Ibarra Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,307
Interest Rate
6.63%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prieto Franklin | $669,000 | Fidelity Sherman Oaks | |
| Trabanino Rudy W | $650,000 | Fidelity National Title Co | |
| Ibarra Robert | $239,000 | Stewart Title | |
| Ibarra Robert | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prieto Franklin | $495,000 | |
| Closed | Prieto Franklin | $501,750 | |
| Previous Owner | Trabanino Rudy W | $585,000 | |
| Previous Owner | Ibarra Robert | $75,000 | |
| Previous Owner | Ibarra Robert | $235,812 | |
| Previous Owner | Ibarra Robert | $234,995 | |
| Previous Owner | Ibarra Robert | $235,307 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2018 03/29/18 | Sold | $669,000 | -9.5% | $301 / Sq Ft |
| 01/22/2018 01/22/18 | Pending | -- | -- | -- |
| 08/19/2017 08/19/17 | For Sale | $739,000 | -- | $333 / 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 | $10,405 | $782,912 | $457,745 | $325,167 |
| 2024 | $10,405 | $767,562 | $448,770 | $318,792 |
| 2023 | $10,226 | $752,513 | $439,971 | $312,542 |
| 2022 | $9,746 | $737,759 | $431,345 | $306,414 |
| 2021 | $9,148 | $703,236 | $422,888 | $280,348 |
| 2019 | $8,858 | $682,720 | $410,346 | $272,374 |
| 2018 | $7,658 | $580,340 | $250,000 | $330,340 |
| 2016 | $7,109 | $540,000 | $320,000 | $220,000 |
| 2015 | $6,153 | $460,000 | $280,000 | $180,000 |
| 2014 | $4,961 | $350,000 | $218,100 | $131,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra Gonzalez
-
Erika Shinzato
Buyer's Agent in 2018
Erika Shinzato
RE/Max Time
(323) 314-3998
121 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17193301
APN: 6205-029-006
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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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