NOT LISTED FOR SALE

3136 Illinois Ave South Gate, CA 90280

South Gate Area

Estimated Value: $863,000 - $1,020,703

4 Beds
4 Baths
2,200 Sq Ft
$433/Sq Ft Est. Value

Sale Details

Date Sold: February 5, 2021

Last sale price $800,000 $364 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,139 / mo

15 Days on Market

About This Home

As of February 2021

Excellent investment opportunity for an investor or for a first time home buyer, property s located in a nice area, close to shopping centers, property shows clean, this property has 4 car garages.

Last Agent to Sell the Property

Ramiro Regalado

EXCELLENCE RELIABLE BROKERS License #01184679 Listed on: 12/06/2020

Last Buyer's Agent

Miguel Franco

24 Hour Real Estate License #01442651

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,553 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 4753
  • Assessor Parcel Number 6206022012

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $450
  • Water Sewer Expense $3,000
  • New Taxes Expense $9,375
  • Operating Expense $14,125
  • Gross Income $54,600
  • Net Operating Income $42,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,553 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6206022012
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 363.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6553.00
  • Lot Size Acres: 0.1504

Multi Family

  • Gross Income: 54600.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6553.0000 Square Feet
  • Net Operating Income: 42800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11800.00
  • Rent Control: Yes
  • Total Expenses: 14125.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Census Tract: 5356.05
  • Tax Lot: 41
  • 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
Jan 7, 2015
Sold by
Bought by
Current Estimated Value
$951,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$302,674
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$649,002

Purchase Details

Closed on
Jan 24, 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
$243,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 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
$215,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
$530,000 Provident Title Company
-- Provident Title
-- Ticor Glen
-- --
-- --
-- --
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 $397,500
Previous Owner $243,000
Previous Owner $215,000
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
02/05/2021 02/05/21 Sold $800,000 +0.1% $364 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/06/2020 12/06/20 For Sale $799,000 -- $363 / 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 $11,453 $865,944 $573,688 $292,256
2024 $11,157 $848,966 $562,440 $286,526
2023 $10,963 $832,320 $551,412 $280,908
2022 $10,439 $816,000 $540,600 $275,400
2021 $7,863 $588,464 $388,609 $199,855
2020 $7,922 $582,811 $384,625 $198,186
2019 $7,617 $571,392 $377,084 $194,308
2018 $7,449 $560,197 $369,691 $190,506
2016 $7,115 $538,082 $355,337 $182,745
2015 $5,522 $403,572 $181,119 $222,453
2014 $5,533 $395,668 $177,572 $218,096
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ramiro Regalado

    EXCELLENCE RELIABLE BROKERS

    (323) 816-8441

    16 Total Sales

    Ramiro Regalado
    Section Image

  • M

    Buyer's Agent in 2021

    Miguel Franco

    24 Hour Real Estate

    (310) 592-0602

    47 Total Sales

    Miguel Franco
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20252552

California Regional Multiple Listing Service (CRMLS)

APN: 6206-022-012

California Los Angeles County South Gate 90280

3136 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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