NOT LISTED FOR SALE

2907 Illinois Ave South Gate, CA 90280

Estimated Value: $686,154 - $798,000

3 Beds
3 Baths
1,916 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2016

Last sale price $373,800 $195 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,833 / mo

2 Days on Market

Highlights

  • Property is near park and public transit
  • No HOA
  • South Facing Home
  • Traditional Architecture
  • 3 Car Garage
  • 3-minute walk to Stanford Avenue Park

About This Home

As of February 2016

Fixer on quiet residential street. Last sold for 455K in January 2005, assessed at 528K. All 1 beds, 3 garages, separate gas and electric meters. No rent control. 40 x 135 street to alley R3 lot. 69 walkscore: 1/2 block to Stanford Ave. Elementary, 5 1/2 blocks to South East Middle School and South East High. Zillow predicts 9.7% appreciation here next year. See city report in supplements!!

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 01/27/2016

Last Buyer's Agent

John Capiro

Compass License #00925696

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,410 Sq Ft Lot
  • Lot Dimensions are 40 x 135
  • No Common Walls
  • South Facing Home

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property
  • Window Bars

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Property is near park and public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 303
  • Tax Tract Number 4753
  • Assessor Parcel Number 6206002002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

5,410 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Window Bars
  • View: No
  • Zoning: SGR3YY
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 6206002002
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 195.09

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Park Nearby, Near Public Transit
  • Lot Size: 40 x 135
  • Lot Size Sq Ft: 5410.00
  • Price Per Lot Square Foot: 69.09
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 31800.00
  • Lot Size Area: 5410.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2650.00

Tax Info

  • Tax Lot: 303
  • Tax Tract Number: 4753

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Bought by
Current Estimated Value
$759,289

Purchase Details

Closed on
Aug 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Outstanding Balance
$306,132
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$453,157

Purchase Details

Listed on
Jan 27, 2016
Closed on
Dec 24, 2015
Sold by
Bought by
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
John Capiro
Compass
List Price
$433,000
Sold Price
$373,800
Premium/Discount to List
-$59,200
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$163,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$470,000 Fidelity National Title Comp
$374,000 Title365 Company Inc
$426,395 Accommodation
$455,000 --
-- Fidelity National Title Ins
-- Fidelity National Title
$295,000 Fidelity National Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $352,500
Previous Owner $163,000
Previous Owner $409,500
Previous Owner $236,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2016 02/04/16 Sold $373,800 -13.7% $195 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $433,000 -- $226 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,066 $683,809 $470,078 $213,731
2024 $8,827 $670,402 $460,861 $209,541
2023 $8,674 $657,258 $451,825 $205,433
2022 $8,259 $644,371 $442,966 $201,405
2021 $8,162 $631,737 $434,281 $197,456
2019 $7,902 $613,000 $421,400 $191,600
2018 $5,270 $388,901 $260,100 $128,801
2017 $5,162 $381,276 $255,000 $126,276
2016 $5,570 $420,000 $300,000 $120,000
2015 $6,813 $527,708 $301,548 $226,160
2014 $6,817 $517,372 $295,642 $221,730
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leo Nordine

    Nordine Realtors, Inc.

    Section Image
  • John Capiro

    Buyer's Agent in 2016

    John Capiro

    Compass

    (310) 391-4544

    39 Total Sales

    John Capiro
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16017583

California Regional Multiple Listing Service (CRMLS)

APN: 6206-002-002

California Los Angeles County South Gate 90280

2907 Illinois Ave, South Gate, CA

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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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