NOT LISTED FOR SALE

2632 Iowa Ave South Gate, CA 90280

Estimated Value: $748,274 - $792,000

2 Beds
1 Bath
546 Sq Ft
$1,410/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Fireplace in Bathroom
  • Open to Family Room
  • Legacy High School Complex Rated A-
  • No HOA
  • 4-minute walk to Stanford Avenue Park

About This Home

As of January 2018

Property consists of two individual buildings, only the back building is for lease. Back building unit has two bedrooms and one bath with approximately 546 square feet of living area. The back unit has recently been completely remodel with a new kitchen cabinet, new tile flooring, new bathroom, new windows, etc. This property is located near by the 105 and 710 freeways. Only applicants with at least 680 or higher FICO will be consider. Property can only accommodate up to a maximum of 3 people only. It will be lease in no time, so come see it for yourself while it is still available.

Last Agent to Rent the Property

Rick Wu

RED DRAGON REALTY CORP. License #01726973 Listed on: 12/28/2017

Last Renter's Agent

Rick Wu

RED DRAGON REALTY CORP. License #01726973 Listed on: 12/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,523

Year Built

  • Built in 1926

Lot Details

  • 5,301 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • No Landscaping

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 546 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Fireplace in Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,400
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 1/1/18
  • Tax Lot 40
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205003004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,523

Year Built

Built in 1926

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-01-01
  • Credit Check Paid By: Tenant
  • Deposit Other: 500
  • Deposit Security: 1400
  • Furnished: Unfurnished
  • Total Move In Costs: 3300.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: SGR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 6205003004
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 546.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Bath
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.56
  • Room Type: All Bedrooms Down, Living Room
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Outside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Solana Beach

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping, Walkstreet
  • Lot Size Sq Ft: 5301.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5356.04
  • Tax Lot: 40
  • Tax Tract Number: 5527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Wu Rick Shao
Bought by
Wu Rick Shao and Red Dragon Living Trust
Current Estimated Value
$769,819

Purchase Details

Listed on
Dec 28, 2017
Closed on
Dec 8, 2017
Sold by
Luo Jie Xuan
Bought by
Wu Rick Shao
Seller's Agent
Rick Wu
RED DRAGON REALTY CORP.
Buyer's Agent
Rick Wu
RED DRAGON REALTY CORP.
Sold Price
$1,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2017
Sold by
Hernandez Sergio A
Bought by
Luo Jie Xuan

Purchase Details

Closed on
Oct 7, 2013
Sold by
Hernandez Maria E
Bought by
Hernandez Sergio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2001
Sold by
Hernandez Cesar
Bought by
Hernandez Sergio A

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
7.17%

Purchase Details

Closed on
May 26, 1998
Sold by
Fidelity Federal Bank Fsb
Bought by
Hernandez Sergio A and Hernandez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,831
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 1998
Sold by
Maldonado Alfonso and Maldonado Martha C
Bought by
Fidelity Federal Bank Fsb
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
Wu Rick Shao -- None Available
Wu Rick Shao $380,000 Stewart Title
Luo Jie Xuan $350,000 Title 365 Company
Hernandez Sergio A -- Landsafe Title Of Ca Inc
Hernandez Sergio A -- American Title Co
Hernandez Cesar -- American Title Co
Hernandez Sergio A $149,500 --
Fidelity Federal Bank Fsb $124,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Rick Shao $282,000
Previous Owner Wu Rick Shao $285,000
Previous Owner Hernandez Sergio A $198,500
Previous Owner Hernandez Sergio A $204,350
Previous Owner Hernandez Sergio A $100,000
Previous Owner Hernandez Sergio A $150,000
Previous Owner Hernandez Sergio A $146,831
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Rented $1,400 0.0% --
12/29/2017 12/29/17 Off Market $1,400 -- --
12/28/2017 12/28/17 For Rent $1,400 -- --
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 $8,523 $671,106 $400,498 $270,608
2024 $8,523 $657,948 $392,646 $265,302
2023 $8,375 $645,048 $384,948 $260,100
2022 $7,970 $632,400 $377,400 $255,000
2021 $7,149 $557,124 $336,377 $220,747
2020 $7,206 $551,412 $332,928 $218,484
2019 $6,922 $540,600 $326,400 $214,200
2018 $6,534 $510,000 $163,200 $346,800
2016 $3,150 $225,600 $102,851 $122,749
2015 $3,101 $222,213 $101,307 $120,906
2014 $3,106 $217,861 $99,323 $118,538
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2018

    Rick Wu

    RED DRAGON REALTY CORP.

    (626) 616-8428

    6 Total Sales

    Rick Wu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17280357

California Regional Multiple Listing Service (CRMLS)

APN: 6205-003-004

California Los Angeles County South Gate 90280

2632 Iowa Ave, South Gate, CA

This home is located at 2632 Iowa Ave, South Gate, CA 90280 since 28 December 2017 and is currently priced at $769,819. This property was built in 1926. 2632 Iowa 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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