NOT LISTED FOR SALE

3057 Century Blvd South Gate, CA 90280

Estimated Value: $1,124,439

2 Beds
1 Bath
4,065 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $700,000 $172 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,917/month

9 Days on Market

Highlights

  • Property is near public transit
  • Legacy High School Complex Rated A-
  • Private Yard

About This Home

As of May 2017

Great mixed use property! 4 two bedroom units and a commercial building rented to flower shop. rents are low for the area. Probate sale, sold as is. Buyer to be responsible for any City required repairs. Priced to sell!!!

Last Agent to Sell the Property

Alvin Mullins

Your Home Team Real Estate License #01128308 Listed on: 04/24/2017

Last Buyer's Agent

Alvin Mullins

Your Home Team Real Estate License #01128308 Listed on: 04/24/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,482

Year Built

  • Built in 1955

Lot Details

  • 4,308 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Private Yard

Home Design

  • Property Attached

Interior Spaces

  • 4,065 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Parking Available
  • Shared Driveway
  • Uncovered Parking

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 7046
  • Assessor Parcel Number 6207030006

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,125
  • Operating Expense $12,025
  • Gross Income $44,400
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,482

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Water Sewer Expenses: 1200.00
  • Zoning: SGCM*
  • Property Type: Residential Income
  • Parcel Number: 6207030006
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 172.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Shared Driveway, Asphalt

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Walkstreet, Yard
  • Lot Size Sq Ft: 4308.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Actual Rent: 3700.00
  • Total Expenses: 12025.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 5356.07
  • Tax Lot: 21
  • Tax Tract Number: 7046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Molina Jorge A and Molina Jeannette
Bought by
3057 Century Blvd Llc
Current Estimated Value
$1,124,439

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 5, 2017
Sold by
Hernandez Candice A and Estate Of Lawrence Marques
Bought by
Molina Jorge A and Molina Jeannette
Seller's Agent
Alvin Mullins
Your Home Team Real Estate
Buyer's Agent
Alvin Mullins
Your Home Team Real Estate
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
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
3057 Century Blvd Llc -- None Available
Molina Jorge A $700,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $700,000 +7.7% $172 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $650,000 -- $160 / 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 $9,482 $696,345 $222,829 $473,516
2024 $9,482 $682,692 $218,460 $464,232
2023 $16,152 $1,244,400 $938,400 $306,000
2022 $8,890 $656,184 $209,978 $446,206
2021 $8,770 $643,318 $205,861 $437,457
2020 $8,832 $636,923 $203,751 $433,172
2019 $8,495 $624,439 $199,756 $424,683
2018 $8,335 $612,200 $195,840 $416,360
2016 $2,172 $95,623 $21,024 $74,599
2015 $2,140 $94,188 $20,709 $73,479
2014 $2,139 $92,344 $20,304 $72,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17088373

California Regional Multiple Listing Service (CRMLS)

APN: 6207-030-006