NOT LISTED FOR SALE

5123 Duncan Way South Gate, CA 90280

Estimated Value: $890,000 - $1,044,000

7 Beds
3 Baths
1,936 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $668,900 $346 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,876/month

56 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Front Yard
  • Legacy High School Complex Rated A-
  • Wall Furnace

About This Home

As of August 2020

3 Units located in South Gate. Front house is a 3 bedroom and 1 bath home. Rear Units are each 2 bedroom and 1 bath. Each unit has parking space for two cars. All units have their own private backyard and or patio area. Property located on a corner lot with a side alley access. Conveniently located near shopping centers, markets, freeways and entertainment. Great investment opportunity to live in one unit and rent the others!

Last Agent to Sell the Property

Carrie Uva

24 Hour Real Estate License #01152047 Listed on: 03/20/2020

Last Buyer's Agent

ISRAEL BERBER

BERBER REALTY License #01416256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,424

Year Built

  • Built in 1942

Lot Details

  • 8,504 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard

Home Design

  • 1,936 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 5495
  • Assessor Parcel Number 6222032024

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $1,186
  • Pest Control $564
  • Trash Expense $1,120
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,680
  • Operating Expense $7,634
  • Net Operating Income $31,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,424

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 6222032024
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 345.51

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Outside
  • Pest Control Expense: 564.00
  • Sewer: Public Sewer
  • Trash Expense: 1120.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 8504.00
  • Lot Size Acres: 0.1952

Multi Family

  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1186.00
  • Lot Size Area: 8504.0000 Square Feet
  • Net Operating Income: 31366.00
  • 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
  • Operating Expense: 7634.00
  • Rent Control: Yes
  • Total Actual Rent: 3250.00
  • Total Expenses: 7634.00

Tax Info

  • New Taxes Expense: 6680.00
  • Tax Lot: 79
  • Tax Tract Number: 5495

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Sarabia Dominic Joseph and Sarabia Dominic Joseph
Bought by
Anaya Carlos J
Current Estimated Value
$960,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,120
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2019
Sold by
Sarabia Dominic
Bought by
Revocab Sarabia Dominic Joseph and Revocab Dominic Joseph Sarabia

Purchase Details

Closed on
May 23, 2019
Sold by
Sarabia Dominic and Vinyard Robert W
Bought by
Sarabia Dominic

Purchase Details

Closed on
Jul 16, 2004
Sold by
Vinyard Robert and Vinyard Carmen
Bought by
Revocabl Robert W and Revocabl Carmencita J Vinyard

Purchase Details

Closed on
Mar 6, 1995
Sold by
Vinyard Robert W
Bought by
Vinyard Robert W and Vinyard Carmen
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
Anaya Carlos J $669,000 Stewart Title Company
Revocab Sarabia Dominic Joseph -- None Available
Sarabia Dominic -- None Available
Revocabl Robert W -- --
Vinyard Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anaya Carlos J $535,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $668,900 0.0% $346 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $668,900 0.0% $346 / Sq Ft
04/11/2020 04/11/20 Off Market $668,900 -- --
03/20/2020 03/20/20 For Sale $668,900 -- $346 / 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 $9,424 $724,145 $470,857 $253,288
2024 $9,424 $709,947 $461,625 $248,322
2023 $9,262 $696,027 $452,574 $243,453
2022 $8,824 $682,380 $443,700 $238,680
2021 $8,722 $669,000 $435,000 $234,000
2020 $1,855 $83,178 $33,983 $49,195
2019 $1,804 $81,548 $33,317 $48,231
2018 $1,613 $79,950 $32,664 $47,286
2016 $1,519 $76,847 $31,397 $45,450
2015 $1,495 $75,694 $30,926 $44,768
2014 $1,507 $74,213 $30,321 $43,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20066573

California Regional Multiple Listing Service (CRMLS)

APN: 6222-032-024