NOT LISTED FOR SALE

3452 Liberty Blvd South Gate, CA 90280

Estimated Value: $863,000 - $999,000

4 Beds
4 Baths
2,337 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $600,000 $257 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,779/month

93 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Wood Fence
  • Legacy High School Complex Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of August 2018

Welcome to South Gate Ca to this Triplex property; Unit 1 is 2 bedroom and 2 bath plus formal dinning room, hardwood floors fireplace and family room or 3rd bedroom. 2nd unit is 1 bedroom and 1 bath plus formal dinning room: 3rd unit is 1 bedroom and 1 bath. Great for investment or live in one.
Really good income from the 2 occupied units with long term tenants.

Last Agent to Sell the Property

Victor Vazquez

Vazquez Realty License #01464441 Listed on: 04/03/2018

Last Buyer's Agent

Luis Bocanegra

iCasa Realty & Investments License #01846934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,715

Year Built

  • Built in 1937

Lot Details

  • 6,091 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Corner Lot

Home Design

  • 2,337 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • Parking Available

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 454
  • Tax Tract Number 5357
  • Assessor Parcel Number 6215022019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,375
  • Operating Expense $8,275
  • Gross Income $40,600
  • Net Operating Income $40,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,715

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: SGR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6215022019
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 256.74

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6091.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average3 Bed Area: 1338 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Income: 40600.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 40600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 8275.00

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Census Tract: 5357.01
  • Tax Lot: 454
  • Tax Tract Number: 5357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2020
Sold by
Rodriguez Joaquin A and Rodriguez Mayra Nubia
Bought by
Rodriguez Joaquin A and Rodriguez Mayra Nubia
Current Estimated Value
$927,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jul 5, 2018
Sold by
Valdez Maria Catalina Pena De
Bought by
Rodriguez Joaquin A and Rodriguez Mayra N
Seller's Agent
Victor Vazquez
Vazquez Realty
Buyer's Agent
Luis Bocanegra
iCasa Realty & Investments
List Price
$720,000
Sold Price
$600,000
Premium/Discount to List
-$120,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2013
Sold by
Rodarte Roberto Rodarte and Rodarte Roberto
Bought by
Devaldez Maria Catalina Pena

Purchase Details

Closed on
Oct 13, 2011
Sold by
Finch Laura and John T Finch Trust
Bought by
Rodarte Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,425
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2011
Sold by
Finch John T
Bought by
Finch John T and The John T Finch Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.79%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Finch John T
Bought by
Finch John T and The John T Finch Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,300
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
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
Rodriguez Joaquin A -- None Available
Rodriguez Joaquin A $600,000 Western Resources Title Comp
Devaldez Maria Catalina Pena -- None Available
Rodarte Roberto $350,000 Orange Coast Title Company
Finch John T -- Nations Title Company Of Ca
Finch John T -- Nations Title Company Of Ca
Finch John T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Joaquin A $450,000
Previous Owner Rodriguez Joaquin A $450,000
Previous Owner Rodarte Roberto $262,425
Previous Owner Finch John T $495,000
Previous Owner Finch John T $136,872
Previous Owner Finch John T $152,595
Previous Owner Finch John T $100,300
Previous Owner Finch John T $90,000
Previous Owner Finch John T $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $600,000 -4.6% $257 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $629,000 -3.1% $269 / Sq Ft
06/05/2018 06/05/18 Price Changed $649,000 -7.3% $278 / Sq Ft
04/28/2018 04/28/18 Price Changed $699,900 -2.8% $299 / Sq Ft
04/03/2018 04/03/18 For Sale $720,000 -- $308 / 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 $8,715 $669,304 $408,610 $260,694
2024 $8,715 $656,182 $400,599 $255,583
2023 $8,565 $643,317 $392,745 $250,572
2022 $8,159 $630,704 $385,045 $245,659
2021 $8,060 $618,339 $377,496 $240,843
2020 $8,122 $612,000 $373,626 $238,374
2019 $7,805 $600,000 $366,300 $233,700
2018 $6,066 $452,490 $172,376 $280,114
2016 $5,788 $434,922 $165,684 $269,238
2015 $5,695 $428,390 $163,196 $265,194
2014 $5,702 $420,000 $160,000 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18075939

California Regional Multiple Listing Service (CRMLS)

APN: 6215-022-019