$1,040,000
SOLD JUN 20, 2024

2838 Ardmore Ave South Gate, CA 90280

8 Beds
5 Baths
2,880 Sq Ft
8,178 Sq Ft Lot

Recently Sold

$361 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Chain Link Fence
  • Legacy High School Complex Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of June 2024

Pride Of Ownership 4 Units- three have 2 Bed & 1 Bath, one unit is 2 Bed & 2 Bath. All windows have had wood frames recently replaced. Two of the units have updated electrical & plumbing. Four electric meters and four gas meters on property. Please Do Not Disturb Tenants. Offer Subject to interior Inspection. Drive By Only. City of South Gate will conduct their own inspection before close of escrow.

Last Agent to Sell the Property

Scott Alden

eXp Realty of California Inc Brokerage Phone: 949-466-2933 License #01356244

eXp Realty of California Inc

Last Buyer's Agent

Maria Barragan

Realty ONE Group United License #00994431

Realty ONE Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,046

Year Built

  • Built in 1938

Lot Details

  • 8,178 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Private Yard
  • Lawn
  • Back Yard

Home Design

  • Quadruplex

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 150
  • Tax Tract Number 3233
  • Assessor Parcel Number 6204017026
  • $902 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,230
  • Other Expense $9,873
  • Trash Expense $1,162
  • Water Sewer Expense $1,680
  • Operating Expense $5,972
  • Gross Income $73,740
  • Net Operating Income $57,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,046

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Price Per Unit: 272250
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1680.00
  • Zoning: SGR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6204017026
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 361.11

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1162.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Yard
  • Lot Size Sq Ft: 8178.00
  • Lot Size Acres: 0.1877
  • Latitude Manual: 33.95851700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 73740.00
  • Gross Scheduled Income: 73740.00
  • Insurance Expense: 2230.00
  • Lot Size Area: 8178.0000 Square Feet
  • Net Operating Income: 57867.00
  • 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
  • Operating Expense: 15873.00
  • Other Expense: 9873.00
  • Other Expense Description: Prop Tax
  • Rent Control: No
  • Total Expenses: 5972.00

Tax Info

  • Tax Census Tract: 5355.01
  • Tax Lot: 150
  • Tax Tract Number: 3233
  • TaxOtherAnnualAssessmentAmount: 902.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 13, 2024
Sold by
Humberto F Gomez Living Trust and Gomez Humberto F
Bought by
Aguirre Jose and Cana Nilva
Seller's Agent
Scott Alden
eXp Realty of California Inc
Buyer's Agent
Maria Barragan
Realty ONE Group United
List Price
$1,089,000
Sold Price
$1,040,000
Premium/Discount to List
-$49,000
-4.5%
Total Days on Market
6
Views
15
Current Estimated Value
$1,090,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,127
Avg. Annual Appreciation
5.25%
Original Mortgage
$550,000
Outstanding Balance
$531,249
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$558,878

Purchase Details

Closed on
Sep 30, 2014
Sold by
Gomez Humberto F
Bought by
Gomez Humberto F and Humberto F Gomez Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2011
Sold by
Gomez Humberto F
Bought by
Gomez Humberto F and Humberto F Gomez Living Trust

Purchase Details

Closed on
Feb 17, 2004
Sold by
Talwar Rajesh K
Bought by
Gomez Humberto F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,450
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2002
Sold by
Savant Barbara A and The Savant Family Trust
Bought by
Talwar Rajesh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,920
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1997
Sold by
Savant Barbara A and Savant Family Trust
Bought by
Savant Barbara A and Clement J Savant Bypass Trust

Map

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 Type Sale Price Title Company
Grant Deed $1,080,000 Lawyers Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Next Title
Interfamily Deed Transfer -- None Available
Grant Deed $553,000 First American Title Co Of L
Grant Deed $320,000 --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $577,500 New Conventional
Previous Owner $398,000 Commercial
Previous Owner $460,000 Commercial
Previous Owner $414,450 Commercial
Previous Owner $273,000 Commercial
Previous Owner $255,920 Commercial
Closed $31,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $1,040,000 -4.5% $361 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $1,089,000 -- $378 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $10,046 $770,257 $459,984 $310,273
2023 $9,873 $755,155 $450,965 $304,190
2022 $9,398 $740,349 $442,123 $298,226
2021 $9,284 $725,833 $433,454 $292,379
2019 $8,990 $704,307 $420,599 $283,708
2018 $8,829 $690,498 $412,352 $278,146
2016 $8,434 $663,688 $396,341 $267,347
2015 $8,301 $653,720 $390,388 $263,332
2014 $8,322 $640,915 $382,741 $258,174
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24085417

California Regional Multiple Listing Service (CRMLS)

APN: 6204-017-026