NOT LISTED FOR SALE

2708 Southern Ave South Gate, CA 90280

Estimated Value: $904,000 - $1,348,000

8 Beds
4 Baths
2,880 Sq Ft
$376/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $600,000 $208 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,574/month

95 Days on Market

Highlights

  • Park or Greenbelt View
  • No HOA
  • Carpet
  • Legacy High School Complex Rated A-
  • Turnkey
  • 5-minute walk to Stanford Avenue Park

About This Home

As of July 2014

live in one and rent the others and almost pay nothing. 4 units two bedroom each with parking in back. near parks, transportation, and most services. property sold "as is". buyers to investigate information to thier own satisfaction.

Last Agent to Sell the Property

Ray Hernandez

Berkshire Hathaway HomeServices California Properties License #01258675 Listed on: 03/02/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Mario Contreras

T.N.G.Real Estate Consultants License #01919977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,680

Year Built

  • Built in 1950

Lot Details

  • 5,081 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in good condition
  • Front Yard

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6205 / 002
  • Tax Tract Number 42
  • Assessor Parcel Number 6205002042

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,680

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562 884-0445
  • Other Phone Number: 562 513-2031
  • Price Per Unit: 4
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6205002042
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 208.33

Exterior Features

  • Foundation: Slab
  • View: Park/Greenbelt
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5081.00
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 720
  • Gross Income: 4375.00
  • Lot Size Area: 5081.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4375.00

Tax Info

  • Tax Block: 002
  • Tax Lot: 6205
  • Tax Tract Number: 042
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2014
Closed on
May 16, 2014
Sold by
Serra Johnny
Bought by
Contreras Sara
Seller's Agent
Ray Hernandez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mario Contreras
T.N.G.Real Estate Consultants
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Current Estimated Value
$1,082,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,421
Avg. Annual Appreciation
5.25%
Original Mortgage
$420,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Serra Claudia
Bought by
Serra Johnny and Serra Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Serra Johnny
Bought by
Serra Claudia M

Purchase Details

Closed on
Jun 3, 2003
Sold by
Serra Claudia M
Bought by
Serra Johnny and Serra Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Serra Johnny
Bought by
Serra Claudia M

Purchase Details

Closed on
Oct 1, 1998
Sold by
Sosa Rene O
Bought by
Serra Johnny and Serra Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.82%

Purchase Details

Closed on
Feb 25, 1998
Sold by
Sosa Rene O
Bought by
Sosa Rene O and Jimenez Maria R

Purchase Details

Closed on
Feb 28, 1997
Sold by
First Federal Bank Of California
Bought by
Sosa Rene O and Jimenez Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.95%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Bernal Roberto
Bought by
First First Bank Of California

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.95%

Purchase Details

Closed on
Jan 25, 1993
Sold by
Sanchez Heriberto
Bought by
Bernal Roberto
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
Contreras Sara $600,000 Pacific Coast Title
Serra Johnny -- Ticor Title Company
Serra Claudia M -- None Available
Serra Johnny -- Equity Title Company
Serra Claudia M -- --
Serra Johnny $235,000 Fidelity National Title Ins
Sosa Rene O -- --
Sosa Rene O $195,000 Equity Title Company
First First Bank Of California $195,000 American Title
Bernal Roberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Sara $383,000
Closed Contreras Sara $420,000
Previous Owner Serra Johnny $353,000
Previous Owner Serra Johnny $175,000
Previous Owner Serra Johnny $173,500
Previous Owner Serra Johnny $176,250
Previous Owner Sosa Rene O $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $600,000 -3.2% $208 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $620,000 -- $215 / 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 $9,680 $735,504 $392,269 $343,235
2024 $9,680 $721,083 $384,578 $336,505
2023 $9,514 $706,945 $377,038 $329,907
2022 $9,066 $693,085 $369,646 $323,439
2021 $8,953 $679,497 $362,399 $317,098
2019 $8,671 $659,345 $351,651 $307,694
2018 $8,521 $646,417 $344,756 $301,661
2016 $8,136 $621,319 $331,370 $289,949
2015 $8,004 $611,987 $326,393 $285,594
2014 $4,446 $300,524 $121,485 $179,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14054577

California Regional Multiple Listing Service (CRMLS)

APN: 6205-002-042