Seller's Agent in 2023
Anthony Arana
Executive Bankers Realty
(323) 697-6259
4 in this area
66 Total Sales
2628 Iowa Ave South Gate, CA 90280
Estimated Value: $852,000 - $967,000
4
Beds
2
Baths
1,864
Sq Ft
$478/Sq Ft
Est. Value
Highlights
- Private Yard
- Laundry Room
- 1-Story Property
- Legacy High School Complex Rated A-
- Wall Furnace
- 4-minute walk to Stanford Avenue Park
About This Home
As of March 2023Great Investment Property!! 2 craftsman style detached units, Live in one and collect rental income from the other!! Both units are 2 bedrooms 1 bathroom, each with their own private yards and parking area. The spacious driveway allows for plenty of on-site parking. The property has a clean curb appeal with a low maintenance yard. Both units are in move-in condition, centrally located near shopping, public transportation, and walking distance from Stanford Avenue Park. Do not miss out on this passive income opportunity!
Last Agent to Sell the Property
Executive Bankers Realty License #01225477 Listed on: 09/13/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,740
Year Built
- Built in 1927
Lot Details
- 5,675 Sq Ft Lot
- No Common Walls
- Private Yard
Home Design
- Duplex
Interior Spaces
- 1,864 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 5527
- Assessor Parcel Number 6205003005
- $720 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Water Sewer Expense $2,400
- Operating Expense $3,400
- Gross Income $72,000
- Net Operating Income $5,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2022
Closed on
Feb 3, 2023
Sold by
2020 Jose & Graciela Diaz Family Trust
Bought by
Canela Jonathan Dario and Canela Lizette Tatiana
Seller's Agent
Anthony Arana
Executive Bankers Realty
Buyer's Agent
GERARDO CORONA
DIVERSIFIED WORKS
List Price
$829,000
Sold Price
$820,000
Premium/Discount to List
-$9,000
-1.09%
Views
111
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
$70,443
Avg. Annual Appreciation
3.51%
Original Mortgage
$810,057
Outstanding Balance
$785,538
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$104,905
Purchase Details
Closed on
May 26, 2020
Sold by
Diaz Jose De Jesus Santana and Diaz Graciela Rojas
Bought by
Diaz Jose De Jesus Santana and Diaz Graciela Rojas
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 |
|---|---|---|---|
| Canela Jonathan Dario | $825,000 | Wfg National Title | |
| Diaz Jose De Jesus Santana | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Canela Jonathan Dario | $810,057 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2023 03/12/23 | Sold | $820,000 | -1.1% | $440 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 12/07/2022 12/07/22 | Price Changed | $829,000 | 0.0% | $445 / Sq Ft |
| 12/07/2022 12/07/22 | For Sale | $829,000 | +1.1% | $445 / Sq Ft |
| 12/05/2022 12/05/22 | Off Market | $820,000 | -- | -- |
| 10/31/2022 10/31/22 | Price Changed | $849,000 | -0.1% | $455 / Sq Ft |
| 09/13/2022 09/13/22 | For Sale | $849,999 | -- | $456 / 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 | $10,740 | $858,330 | $624,240 | $234,090 |
| 2024 | $10,740 | $841,500 | $612,000 | $229,500 |
| 2023 | $3,159 | $209,689 | $78,069 | $131,620 |
| 2022 | $3,022 | $205,579 | $76,539 | $129,040 |
| 2021 | $2,978 | $201,549 | $75,039 | $126,510 |
| 2020 | $2,993 | $199,483 | $74,270 | $125,213 |
| 2019 | $2,888 | $195,572 | $72,814 | $122,758 |
| 2018 | $2,744 | $191,738 | $71,387 | $120,351 |
| 2016 | $2,604 | $184,295 | $68,616 | $115,679 |
| 2015 | $2,562 | $181,528 | $67,586 | $113,942 |
| 2014 | $2,567 | $177,974 | $66,263 | $111,711 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Buyer's Agent in 2023
GERARDO CORONA
DIVERSIFIED WORKS
(562) 463-9919
1 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22200734
APN: 6205-003-005
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.
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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