NOT LISTED FOR SALE

3926 Ardmore Ave South Gate, CA 90280

Estimated Value: $570,566

4 Beds
3 Baths
1,686 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 11, 2014

Last sale price $370,000 $219 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,063/month

20 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Floor Furnace
  • Legacy High School Complex Rated A-
  • Laundry Room
  • Northeast Facing Home

About This Home

As of November 2014

Lender owned. Last sold for 630K in 2006. Profitable turnkey San Luis Market + 2 two bed residential units + 2 car garage on 7185 sq. ft. corner lot. PRICE INCLUDES BUSINESS, LIQUOR LICENSE AND REAL ESTATE. Ideal owner-user opportunity. Market grosses apx 13K-18K a month. Claudia has run the store for 7 years and would love to stay. She doesn't pay rent, she gets a percentage of the gross - sell P & L in media. The 2 beds have separate meters and rent for $1000 each. One has a fireplace. Both tenants are great. Perfect location in ultra high density area 1 block to elementary school and 4 blocks to courthouse, civic center and police HQ. See P & L in media.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 06/25/2014

Last Buyer's Agent

Luisa Quintanilla

Tri-Pillar Realty License #01833148

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,912

Year Built

  • Built in 1929

Lot Details

  • 7,185 Sq Ft Lot
  • No Common Walls
  • Northeast Facing Home

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 144
  • Tax Tract Number 3722
  • Assessor Parcel Number 6210009022

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,912

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6210009022
  • Year Built: 1929
  • 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: 219.45

Exterior Features

  • Direction Faces: Northeast
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7185.00
  • Lot Size Acres: 0.1650

Multi Family

  • Lot Size Area: 7185.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2000.00

Tax Info

  • Tax Lot: 144
  • Tax Tract Number: 3722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Tamada Masanobu and Tamada Angelica
Bought by
Minobu Properties Inc
Current Estimated Value
$570,566

Purchase Details

Closed on
Sep 14, 2015
Sold by
Franco Arturo
Bought by
Tamada Masanobu and Tamada Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2014
Sold by
Genova Fund V Llc
Bought by
Franco Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2013
Sold by
Lee Jung Yun
Bought by
Genova Fund V Llc

Purchase Details

Closed on
May 16, 2013
Sold by
Lee Jung Yun
Bought by
Genova Fund V Llc

Purchase Details

Closed on
May 19, 2006
Sold by
Choi Jung Jin and Choi Kyung Bok
Bought by
Lee Jung Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Minobu Properties Inc $230,000 Provident Title
Tamada Masanobu $350,000 Provident Title Company
Franco Arturo $250,000 Multiple
Genova Fund V Llc $402,430 Lawyers Title
Genova Fund V Llc $402,430 Accommodation
Lee Jung Yun $630,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamada Masanobu $245,000
Previous Owner Franco Arturo $150,000
Previous Owner Lee Jung Yun $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2014 11/11/14 Sold $370,000 -1.3% $219 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $375,000 -- $222 / 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 $12,912 $1,018,551 $764,694 $253,857
2024 $12,912 $998,580 $749,700 $248,880
2023 $12,686 $979,000 $735,000 $244,000
2022 $5,528 $390,429 $200,792 $189,637
2021 $5,456 $382,774 $196,855 $185,919
2019 $5,233 $371,422 $191,017 $180,405
2018 $5,111 $364,140 $187,272 $176,868
2017 $5,006 $357,000 $183,600 $173,400
2016 $4,881 $350,000 $180,000 $170,000
2015 $3,695 $250,000 $200,000 $50,000
2014 -- $231,044 $180,817 $50,227
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Leo Nordine

    Nordine Realtors, Inc.

    Section Image

  • L

    Buyer's Agent in 2014

    Luisa Quintanilla

    Tri-Pillar Realty

    (562) 202-4181

    17 Total Sales

    Luisa Quintanilla
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14133719

California Regional Multiple Listing Service (CRMLS)

APN: 6210-009-022

California Los Angeles County South Gate 90280

3926 Ardmore Ave, South Gate, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes