NOT LISTED FOR SALE

2606 Iowa Ave Unit A South Gate, CA 90280

Estimated Value: $785,000 - $879,000

4 Beds
2 Baths
1,779 Sq Ft
$462/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $410,000 $230 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,077/month

66 Days on Market

Highlights

  • Wall Furnace
  • Legacy High School Complex Rated A-
  • 3-minute walk to Stanford Avenue Park

About This Home

As of March 2015

This two unit property is located in a family neighborhood, low maintenance landscaping, two bedroom one bath each provides comfortable living for two families, second unit can provide rental income for manageable and easy monthly payment. close and convenient to schools, shopping and transportation.

Last Agent to Sell the Property

Israel Valenzuela

ISRAEL VALENZUELA BROKER License #00680645 Listed on: 11/15/2014

Last Buyer's Agent

Suhaila Sabir

Excellence RE Real Estate License #01422989

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,270

Year Built

  • Built in 1953

Lot Details

  • 5,610 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,779 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205003010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $720
  • New Taxes Expense $4,375
  • Gross Income $28,800
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,270

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 6205003010
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 230.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 5610.00
  • Lot Size Acres: 0.1290

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5610.0000 Square Feet
  • Net Operating Income: 27000.00
  • 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: 1800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Lot: 42
  • Tax Tract Number: 5527
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Villanueva Rafael Ibarra
Bought by
Venzor Ibarra Zelia Leonor
Current Estimated Value
$822,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$387,487
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$422,289

Purchase Details

Closed on
Sep 30, 2019
Sold by
Ibarra Zelia Leonor Venzor and Villanueva Robert Antonio
Bought by
Ibarra Zelia Leonor Venzor

Purchase Details

Listed on
Nov 15, 2014
Closed on
Mar 31, 2015
Sold by
Flores Lucila
Bought by
Flores Gabriel
Seller's Agent
Israel Valenzuela
ISRAEL VALENZUELA BROKER
Buyer's Agent
Suhaila Sabir
Excellence RE Real Estate
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$402,573
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2014
Closed on
Mar 18, 2015
Sold by
Flores Gabriel
Bought by
Ibarra Zelia Leonor Venzor and Villanueva Robert Antonio
Seller's Agent
Israel Valenzuela
ISRAEL VALENZUELA BROKER
Buyer's Agent
Suhaila Sabir
Excellence RE Real Estate
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2014
Closed on
Mar 16, 2015
Sold by
Villanueva Rafael Ibarra
Bought by
Ibarra Zelia Leonor Venzor
Seller's Agent
Israel Valenzuela
ISRAEL VALENZUELA BROKER
Buyer's Agent
Suhaila Sabir
Excellence RE Real Estate
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2009
Sold by
Flores Fidel
Bought by
Flores Gabriel

Purchase Details

Closed on
Jul 25, 2006
Sold by
Flores Estela
Bought by
Flores Fidel

Purchase Details

Closed on
Jun 1, 2001
Sold by
Garcia Eva T and Flores Estela
Bought by
Flores Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.21%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Venzor Ibarra Zelia Leonor -- Provident Title Company
Ibarra Zelia Leonor Venzor -- None Available
Flores Gabriel -- Pacific Coast Title Company
Ibarra Zelia Leonor Venzor $410,000 Pacific Coast Title Company
Ibarra Zelia Leonor Venzor -- Pacific Coast Title Company
Flores Gabriel -- None Available
Flores Fidel -- None Available
Flores Fidel -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venzor Ibarra Zelia Leonor $424,000
Previous Owner Ibarra Zelia Leonor Venzor $402,573
Previous Owner Flores Fidel $175,000
Previous Owner Flores Fidel $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $410,000 -8.9% $230 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $450,000 -- $253 / 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 $7,270 $562,981 $324,951 $238,030
2024 $7,270 $551,943 $318,580 $233,363
2023 $7,145 $541,122 $312,334 $228,788
2022 $6,803 $530,512 $306,210 $224,302
2021 $6,722 $520,110 $300,206 $219,904
2020 $6,774 $514,778 $297,128 $217,650
2019 $5,781 $441,727 $242,411 $199,316
2018 $5,651 $433,066 $237,658 $195,408
2016 $5,397 $416,252 $228,431 $187,821
2015 $1,242 $61,954 $24,376 $37,578
2014 $1,250 $60,741 $23,899 $36,842
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2015

    Israel Valenzuela

    ISRAEL VALENZUELA BROKER

    (562) 450-6268

    10 Total Sales

    Israel Valenzuela
    Section Image
  • Suhaila Sabir

    Buyer's Agent in 2015

    Suhaila Sabir

    Excellence RE Real Estate

    (323) 350-4561

    2 in this area

    87 Total Sales

    Suhaila Sabir
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14242832

California Regional Multiple Listing Service (CRMLS)

APN: 6205-003-010

California Los Angeles County South Gate 90280

2606 Iowa Ave Unit A, South Gate, CA

This home is located at 2606 Iowa Ave Unit A, South Gate, CA 90280 since 15 November 2014 and is currently estimated at $822,118, approximately $462 per square foot. This property was built in 1953. 2606 Iowa Ave Unit A 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

Nearby Homes