NOT LISTED FOR SALE

2751 Firestone Blvd South Gate, CA 90280

Estimated Value: $1,834,552

6 Beds
6 Baths
4,636 Sq Ft
$396/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $1,250,000 $270 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,551/month

75 Days on Market

About This Home

As of November 2018

NO RENT CONTROL! 6-Unit Apartment Building and 1-Storefront Retail, located in the NON-RENT CONTROLLED city of South Gate! Contact Listing Agent For Further Details.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 08/23/2018

Remax Commercial and Investment Realty

Last Buyer's Agent

Martin Saldana

CENTURY 21 CITRUS REALTY INC License #01233245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,663

Year Built

  • Built in 1956

Lot Details

  • 8,597 Sq Ft Lot

Parking

  • 7 Parking Spaces

Interior Spaces

  • 4,636 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 6204-020-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,663

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4636
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 275.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 7

Lot Info

  • Assessed Improvement Value: 617100
  • Assessed Land Value: 306000
  • Assessor Parcel Number: 6204-020-013
  • Geocode Override: No
  • Lot Size Area: 8597

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.40
  • Number Of Units: 7
  • Total Annual Expense: 38251
  • Type Of Units: Apt + Retail
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Nov 1, 2018
Sold by
Kazaryan Stepan and Kazaryan Yevgenya Jenny
Bought by
Luna Hugo Palomo and Hugo Palomo Luna Living Trust
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Martin Saldana
CENTURY 21 CITRUS REALTY INC
List Price
$1,445,000
Sold Price
$1,250,000
Premium/Discount to List
-$195,000
-13.49%
Current Estimated Value
$1,834,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,552
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,250,000
Outstanding Balance
$1,105,594
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$724,420

Purchase Details

Closed on
Jan 9, 2017
Sold by
Sanchez Delfino and Sanchez Magdalena
Bought by
Kazaryan Stepan and Kazaryan Yevgenya Jenny

Purchase Details

Closed on
Oct 27, 2015
Sold by
Flores Arturo and Flores Delia M
Bought by
Delfino & Magdalena Sanchez Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,500
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2006
Sold by
Flores Arturo
Bought by
Flores Arturo and Flores Delia M

Purchase Details

Closed on
Oct 22, 2003
Sold by
Langholz Faye
Bought by
Langholz Ike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 13, 2003
Sold by
Langholz Ike and Wolveck Ralph
Bought by
Flores Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 1996
Sold by
Reyes Jorge and Reyes Bertila
Bought by
Langholz Ike and Wolveck Ralph

Purchase Details

Closed on
Jun 30, 1995
Sold by
Escalante Jorge M and E L & H Partnership
Bought by
E L & H Partnership

Purchase Details

Closed on
May 5, 1994
Sold by
Escalante Jorge
Bought by
Twenty Seven Fifty One Firestone Partner
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
Luna Hugo Palomo $1,250,000 Chicago Title Company
Kazaryan Stepan $950,000 Ticor Title
Delfino & Magdalena Sanchez Family Trust $905,000 Orange Coast Title Co Socal
Flores Arturo -- Accommodation
Langholz Ike -- --
Wolveck Ralph -- --
Flores Arturo $460,000 --
Langholz Ike $169,646 Chicago Title Co
E L & H Partnership $39,167 Fidelity National Title Ins
Twenty Seven Fifty One Firestone Partner -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Hugo Palomo Luna Living Trust $4,918
Open Luna Hugo Palomo $1,250,000
Previous Owner Delfino & Magdalena Sanchez Family Trust $633,500
Previous Owner Flores Arturo $1,008,515
Previous Owner Flores Arturo $200,000
Previous Owner Flores Arturo $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $1,250,000 -2.0% $270 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $1,275,000 -11.8% $275 / Sq Ft
08/23/2018 08/23/18 For Sale $1,445,000 -- $312 / Sq Ft
Source: The MLS

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 $18,663 $1,394,394 $769,706 $624,688
2024 $18,663 $1,367,054 $754,614 $612,440
2023 $18,346 $1,340,250 $739,818 $600,432
2022 $17,497 $1,313,971 $725,312 $588,659
2021 $17,288 $1,288,208 $711,091 $577,117
2020 $17,431 $1,275,800 $703,800 $572,000
2019 $16,762 $1,250,800 $690,000 $560,800
2018 $13,118 $942,362 $312,120 $630,242
2016 $12,484 $905,000 $300,000 $605,000
2015 $8,710 $585,580 $354,898 $230,682
2014 $8,693 $574,111 $347,947 $226,164
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Petrosian

    Seller's Agent in 2018

    Nicholas Petrosian

    RE/MAX

    (949) 607-7096

    2 in this area

    49 Total Sales

    Nicholas Petrosian
    Section Image

  • M

    Buyer's Agent in 2018

    Martin Saldana

    CENTURY 21 CITRUS REALTY INC

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Map

Source: The MLS

MLS Number: 18-378966

The MLS

APN: 6204-020-013

California Los Angeles County South Gate 90280

2751 Firestone Blvd, South Gate, CA

This home is located at 2751 Firestone Blvd, South Gate, CA 90280 since 23 August 2018 and is currently estimated at $1,834,552, approximately $395 per square foot. This property was built in 1956. 2751 Firestone Blvd is a home located in Los Angeles County with nearby schools including Willow Elementary, Southeast Middle School, and South Gate Middle School.

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