Seller's Agent in 2020
Brian Noh
Nohco Real Estate
(213) 804-7647
131 Total Sales
5237 Duncan Way South Gate, CA 90280
Estimated Value: $761,000 - $939,472
4
Beds
3
Baths
1,863
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Lawn
- 3 Car Garage
- Wrought Iron Fence
About This Home
As of February 20205237 Duncan is a rare fixer upper opportunity for an investor and/or owner-occupier to acquire a 3 unit property in South Gate as an investment in a strong rental market.
The property boasts a nice unit mix of a 2 bed/1 bath house in the front plus (2) 1 bed/1 bath units in the rear, along with a separately converted garage unit to offer additional rental income. The building was originally built in 1956 with a total size of 1,863 SF, sitting on a large 8,221SF lot zoned R3. All units will be delivered vacant at close of escrow and property to be sold in As-Is condition.
Prime Location in the highly populated city of South Gate in the county of Los Angeles near Downey, Cudahy, Lynwood Village, Parks, Los Amigos Golf Course, Courthouse, Entertainment, Restaurants & Shops.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 8,221 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Block Wall Fence
- Lawn
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
Home Design
- 1,863 Sq Ft Home
- Triplex
- Fixer Upper
- Spanish Tile Roof
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 112
- Tax Tract Number 5496
- Assessor Parcel Number 6222035018
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $19,617
- Gross Income $56,220
- Net Operating Income $35,479
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
Listed on
Jan 6, 2020
Closed on
Jan 28, 2020
Sold by
Bought by
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Roberto Turcios
Re/Max Top Producers
List Price
$649,000
Sold Price
$670,000
Premium/Discount to List
$21,000
3.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,868
Avg. Annual Appreciation
3.53%
Original Mortgage
$502,500
Outstanding Balance
$441,407
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$394,461
Purchase Details
Listed on
Jan 6, 2020
Closed on
Jan 22, 2020
Sold by
Bought by
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Roberto Turcios
Re/Max Top Producers
List Price
$649,000
Sold Price
$670,000
Premium/Discount to List
$21,000
3.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Outstanding Balance
$441,407
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$394,461
Purchase Details
Closed on
Sep 11, 2019
Sold by
Bought by
Purchase Details
Closed on
Sep 3, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 3, 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
$412,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 2004
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
$412,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 1993
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
$220,162
Interest Rate
6.98%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Fidelity National Title Co | ||
| $670,000 | Fidelity National Title Co | ||
| $555,000 | Synrgo Inc | ||
| $555,000 | Stewart Title | ||
| -- | Diversified Title & Escrow S | ||
| $515,000 | Diversified Title | ||
| $240,000 | Old Republic Title Company |
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 | $502,500 | ||
| Previous Owner | $412,000 | ||
| Previous Owner | $220,162 | ||
| Closed | $103,000 |
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 |
|---|---|---|---|---|
| 02/06/2020 02/06/20 | Sold | $670,000 | +3.2% | $360 / Sq Ft |
| 01/13/2020 01/13/20 | Pending | -- | -- | -- |
| 01/06/2020 01/06/20 | For Sale | $649,000 | -- | $348 / 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 | $9,810 | $732,739 | $519,480 | $213,259 |
| 2024 | $9,581 | $718,373 | $509,295 | $209,078 |
| 2023 | $9,417 | $704,288 | $499,309 | $204,979 |
| 2022 | $8,974 | $690,479 | $489,519 | $200,960 |
| 2021 | $8,871 | $676,941 | $479,921 | $197,020 |
| 2020 | $8,645 | $645,340 | $475,000 | $170,340 |
| 2019 | $8,440 | $643,858 | $399,857 | $244,001 |
| 2018 | $8,256 | $631,241 | $392,017 | $239,224 |
| 2016 | $7,900 | $606,404 | $376,796 | $229,608 |
| 2015 | $7,774 | $597,297 | $371,137 | $226,160 |
| 2014 | $7,779 | $585,597 | $363,867 | $221,730 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Noh
-
Roberto Turcios
Buyer's Agent in 2020
Roberto Turcios
RE/MAX
(562) 746-5031
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20002687
APN: 6222-035-018
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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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