NOT LISTED FOR SALE

2572 Kansas Ave South Gate, CA 90280

Estimated Value: $729,000 - $950,000

5 Beds
3 Baths
1,594 Sq Ft
$517/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $490,000 $307 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,944/month

91 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Legacy High School Complex Rated A-
  • Laundry Room
  • 5-minute walk to Stanford Avenue Park

About This Home

As of May 2016

Great 2 units with each unit having it's own yard for privacy. Front unit has been upgraded, Kitchen, Restroom and floors. Excellent opportunity for a new buyer or for a wise investor. The property is in the proximity of everything Shools Shoping centers. Excellent potential for appreciation, FRONT UNIT VACANT can deliver back unit vacant if needed.

Last Agent to Sell the Property

Francisco Guerrero

HELPING HAND FINANCIAL GROUP Listed on: 04/11/2016

Last Buyer's Agent

Ana Bitolas

First Family Homes License #01348045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,502

Year Built

  • Built in 1923

Lot Details

  • 6,683 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,594 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 147
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205021004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $120
  • Insurance Expense $400
  • Water Sewer Expense $60
  • New Taxes Expense $4,300
  • Gross Income $2,200
  • Net Operating Income $1,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,502

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 866-936-3423
  • Property Attached: No
  • Water Sewer Expenses: 60.00
  • Property Type: Residential Income
  • Parcel Number: 6205021004
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 307.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6683.00
  • Price Per Lot Square Foot: 73.32
  • Lot Size Acres: 0.1530

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 120.00
  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 400.00
  • Lot Size Area: 6683.0000 Square Feet
  • Net Operating Income: 1789.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 411.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4300.00
  • Tax Lot: 147
  • Tax Tract Number: 5527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Bolanos Francisco Cortez and Bolanos Elizabeth
Bought by
Francisco Cortez And Elizabeth Cortez Revocab
Current Estimated Value
$823,551

Purchase Details

Closed on
Apr 12, 2017
Sold by
Bolanos Francisco Cortez and Cortez Elizabeth
Bought by
Bolanos Francisco Cortez and Cortez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,288
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2016
Closed on
Apr 15, 2016
Sold by
Genchi Molina Garibo Victor Manuel and Genchi Solis Ma Del Socorro
Bought by
Cortez Francisco and Cortez Elizabeth
Seller's Agent
Francisco Guerrero
HELPING HAND FINANCIAL GROUP
Buyer's Agent
Ana Bitolas
First Family Homes
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$488,717
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2006
Sold by
Ramirez Alicia
Bought by
Molina Victor and Genchi Maria

Purchase Details

Closed on
Jun 1, 2004
Sold by
Hernandez Ramon
Bought by
Ramirez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Hernandez Zoraida
Bought by
Hernandez Ramon

Purchase Details

Closed on
Nov 21, 2003
Sold by
Juarez Marvin
Bought by
Hernandez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2002
Sold by
Juarez Veronica
Bought by
Juarez Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
5.9%
Source: Public Records

Range of Values:

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Average Value
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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
Francisco Cortez And Elizabeth Cortez Revocab -- --
Bolanos Francisco Cortez -- Title 365
Cortez Francisco $490,000 Western Resources Title
Molina Victor -- None Available
Ramirez Alicia $380,000 Southland Title
Hernandez Ramon -- --
Hernandez Ramon $300,000 --
Juarez Marvin -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolanos Francisco Cortez $446,288
Previous Owner Cortez Francisco $488,717
Previous Owner Ramirez Alicia $304,000
Previous Owner Hernandez Ramon $240,000
Previous Owner Juarez Marvin $186,500
Closed Hernandez Ramon $30,000
Closed Ramirez Alicia $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $490,000 -1.0% $307 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $495,000 -- $311 / 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 $7,502 $580,052 $307,783 $272,269
2024 $7,502 $568,680 $301,749 $266,931
2023 $7,373 $557,531 $295,833 $261,698
2022 $7,021 $546,600 $290,033 $256,567
2021 $6,938 $535,884 $284,347 $251,537
2020 $6,992 $530,390 $281,432 $248,958
2019 $6,719 $519,991 $275,914 $244,077
2018 $6,573 $509,796 $270,504 $239,292
2016 $7,436 $588,740 $380,951 $207,789
2015 $7,317 $579,897 $375,229 $204,668
2014 $7,317 $568,538 $367,879 $200,659
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Francisco Guerrero

    HELPING HAND FINANCIAL GROUP

    (626) 858-3310

    1 Total Sale

    Francisco Guerrero
    Section Image
  • Ana Bitolas

    Buyer's Agent in 2016

    Ana Bitolas

    First Family Homes

    (562) 397-5017

    30 Total Sales

    Ana Bitolas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16005728

California Regional Multiple Listing Service (CRMLS)

APN: 6205-021-004

California Los Angeles County South Gate 90280

2572 Kansas Ave, South Gate, CA

This home is located at 2572 Kansas Ave, South Gate, CA 90280 since 11 April 2016 and is currently estimated at $823,551, approximately $516 per square foot. This property was built in 1923. 2572 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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