NOT LISTED FOR SALE

3160 Cherokee Ave Unit B South Gate, CA 90280

Estimated Value: $938,000 - $1,080,775

5 Beds
4 Baths
2,729 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $660,000 $242 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,114/month

20 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Legacy High School Complex Rated A-
  • Spanish Architecture
  • Neighborhood Views

About This Home

As of August 2017

This Very Nice South Gate Triplex Features 3 Bedroom 1 bathroom Spanish style front house with spacious living space has updated kitchen, Bathroom, Hardwood floors, 2 car garage,with separate Laundry. Both Rear upper units offer 1 bedroom and 1 bathroom each and have their own garage. This is a great opportunity to live in one and rent the others to help pay your mortgage or for the Savy Investor. Don't wait these are sure to go fast! Close to shopping,Schools,FWYS,Entertainment and Public transportation.

Last Agent to Sell the Property

Paul Echavarria

Berkshire Hathaway HomeServices California Properties License #01826784 Listed on: 05/11/2017

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Sophia De La Vara

Keller Williams License #01127097

Last Buyer's Agent

Raul Vega

Bankers Investment Group Inc. License #01870029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,748

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 6,990 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Driveway
  • Assigned Parking

Home Design

  • Triplex
  • Spanish Architecture
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,729 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 5222
  • Assessor Parcel Number 6207024001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,748

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: SGR3YY
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6207024001
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 241.85
  • Room Type: Kitchen, Living Room

Exterior Features

  • Exterior Features: Satellite Dish
  • View: Neighborhood
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, Garage Faces Rear, On Site
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 6990.00

Multi Family

  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • 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: 3300.00

Tax Info

  • Tax Census Tract: 5356.07
  • Tax Lot: 12
  • Tax Tract Number: 5222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2017
Sold by
Deleon Juan A and De Leon Maria E
Bought by
Martinez Nestor and Andrade Angelica
Current Estimated Value
$995,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,620
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2005
Sold by
Deleon Juan A and De Leon Maria E
Bought by
Deleon Juan A and Deleon Maria E

Purchase Details

Closed on
Oct 20, 2003
Sold by
Bamberg Gloria C and The Amelia A Hood Revocable Tr
Bought by
Deleon Juan A and Deleon Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Nestor $660,000 Wfg Title Company Of Ca
Deleon Juan A -- --
Deleon Juan A $440,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Nestor $268,620
Previous Owner Deleon Juan A $280,000
Previous Owner Deleon Juan A $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $660,000 +1.7% $242 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $648,800 0.0% $238 / Sq Ft
05/11/2017 05/11/17 For Sale $648,900 -- $238 / 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 $9,748 $750,962 $227,563 $523,399
2024 $9,748 $736,238 $223,101 $513,137
2023 $9,581 $721,803 $218,727 $503,076
2022 $9,126 $707,651 $214,439 $493,212
2021 $9,014 $693,777 $210,235 $483,542
2020 $9,085 $686,664 $208,080 $478,584
2019 $8,730 $673,200 $204,000 $469,200
2018 $8,540 $660,000 $200,000 $460,000
2016 $6,916 $528,452 $204,174 $324,278
2015 $6,805 $520,516 $201,108 $319,408
2014 $6,811 $510,321 $197,169 $313,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17104625

California Regional Multiple Listing Service (CRMLS)

APN: 6207-024-001