NOT LISTED FOR SALE

2569 Iowa Ave South Gate, CA 90280

Estimated Value: $794,000 - $882,000

4 Beds
2 Baths
1,753 Sq Ft
$476/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $680,000 $388 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,121/month

14 Days on Market

Highlights

  • City Lights View
  • Private Yard
  • Laundry Room
  • Legacy High School Complex Rated A-
  • No HOA

About This Home

As of November 2021

2 separate dwellings 3 bedrooms 1 bath on front house, 2nd dwelling in back is 1 Bedroom 1, 1 bath. Great opportunity for an income property. Back dwelling has a 2 car garage, and the front home has 1 carport. Driveway fits 3 cars. Avocado tree in front, Great location, close to schools, park and shopping centers.

Last Agent to Sell the Property

Ryan Rinderspacher

NON-MEMBER/NBA or BTERM OFFICE License #01973919 Listed on: 08/21/2021

Last Buyer's Agent

Juan Guinto

SOUTH POINTE PROPERTIES License #01794515

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,749

Year Built

  • Built in 1946

Lot Details

  • 5,348 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,753 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Willow Elementary School
  • South Gate Middle School
  • South Gate High School

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205029035
  • $685 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,749

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: SGR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6205029035
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1753.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 387.91
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Los Angeles Unified
  • Elementary School: Willow
  • Middle School: South Gate
  • High School: South Gate
  • Elementary School: Willow
  • High School: South Gate
  • Middle Or Junior School: South Gate
  • Elementary School #2: WILLOW
  • High School2: SOUGAT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5348.00
  • Lot Size Acres: 0.1228

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5348.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5356.04
  • Tax Lot: 33
  • Tax Tract Number: 5527
  • TaxOtherAnnualAssessmentAmount: 685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 3, 2021
Sold by
Rueda Efren
Bought by
Martinez Manuela
Seller's Agent
Ryan Rinderspacher
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Juan Guinto
SOUTH POINTE PROPERTIES
List Price
$645,000
Sold Price
$680,000
Premium/Discount to List
$35,000
5.43%
Current Estimated Value
$802,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,177
Avg. Annual Appreciation
4.18%
Original Mortgage
$628,306
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2021
Sold by
Melero Jesse and Melero Sandra
Bought by
Martinez Manuela and Martinez Gudalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,306
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2013
Sold by
Melero Jesse and Melero Sandra
Bought by
Melero Jesse and Melero Sandra

Purchase Details

Closed on
Jan 23, 1995
Sold by
Melero Jesse and Melero Ignacia R
Bought by
Melero Jesse and Melero Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.75%
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
Martinez Manuela -- Ticor Title Riverside
Martinez Manuela $650,000 Ticor Title Riverside
Melero Jesse -- None Available
Melero Jesse -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Manuela $628,306
Previous Owner Melero Jesse $122,000
Previous Owner Melero Jesse $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $680,000 +5.4% $388 / Sq Ft
08/21/2021 08/21/21 For Sale $645,000 -- $368 / 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 $8,749 $689,785 $413,871 $275,914
2024 $8,749 $676,260 $405,756 $270,504
2023 $8,596 $663,000 $397,800 $265,200
2022 $8,180 $650,000 $390,000 $260,000
2021 $1,890 $103,420 $34,496 $68,924
2020 $1,897 $102,361 $34,143 $68,218
2019 $1,838 $100,355 $33,474 $66,881
2018 $1,724 $98,388 $32,818 $65,570
2016 $1,630 $94,570 $31,545 $63,025
2015 $1,605 $93,151 $31,072 $62,079
2014 $1,613 $91,327 $30,464 $60,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21185412

California Regional Multiple Listing Service (CRMLS)

APN: 6205-029-035