NOT LISTED FOR SALE

8124 Cypress Ave South Gate, CA 90280

Estimated Value: $736,401 - $857,000

3 Beds
2 Baths
1,583 Sq Ft
$498/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $430,000 $272 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,092/month

136 Days on Market

About This Home

As of October 2015

Back on the market subject to current Escrow Cancelation.
Property 2 units. First Unit 2bds 1bth. 2nd unit 1bd 1bth. 2nd unit is less than 5yrs old. Property will be delivered vacant. Minor repairs, city presale has been done. Contact Listing office to set your appointment 24hr notice required.

Last Listed By

Julio Orellana

C-21 Powerhouse License #01855564 Listed on: 08/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,190

Year Built

  • Built in 1924

Lot Details

  • 5,991 Sq Ft Lot
  • No Common Walls
  • Garden
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,583 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2917
  • Assessor Parcel Number 6211014039

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • New Taxes Expense $5,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,190

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6211014039
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 271.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 5991.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lot Size Area: 5991.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5100.00
  • Tax Lot: 28
  • Tax Tract Number: 2917
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Alvarez Arturo Luna and Barboza Bernardino Arellano
Bought by
Barboza Bernardino Arellano and Luna Merlyn Y
Total Days on Market
136
Current Estimated Value
$787,600

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 1, 2015
Sold by
Montiel Rosalba N
Bought by
Alvarez Arturo Luna
Seller's Agent
Julio Orellana
C-21 Powerhouse
Buyer's Agent
Blanca Jimenez
Big Block Powerhouse Realty
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
May 20, 2015
Sold by
Bonilla Maria D and Benavidez George
Bought by
Alvarez Arturo Luna and Barboza Bernardino Arellano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bonilla Maria D
Bought by
Bonilla Maria D and Benavidez George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 6, 2001
Sold by
Ruelas Leonardo and Ruelas Araceli
Bought by
Bonilla Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 1996
Sold by
Gonzalez Humberto S and Gonzalez Constance
Bought by
Ruelas Leonardo and Ruelas Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,278
Interest Rate
7%
Mortgage Type
FHA

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
Barboza Bernardino Arellano -- None Listed On Document
Alvarez Arturo Luna -- Lawyers Title
Alvarez Arturo Luna $430,000 Lawyers Title
Bonilla Maria D -- Sutic-Pacific Coast Title Di
Bonilla Maria D -- --
Ruelas Leonardo -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Arturo Luna $422,211
Previous Owner Bonilla Maria D $187,433
Previous Owner Bonilla Maria D $196,000
Previous Owner Bonilla Maria D $208,000
Previous Owner Delabonilla Maria $119,000
Previous Owner Ruelas Leonardo $122,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold $430,000 0.0% $272 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $430,000 -- $272 / 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
2024 $8,190 $628,972 $430,487 $198,485
2023 $7,266 $550,847 $380,522 $170,325
2022 $6,144 $479,670 $334,654 $145,016
2021 $6,069 $470,266 $328,093 $142,173
2020 $6,115 $465,445 $324,729 $140,716
2019 $5,876 $456,319 $318,362 $137,957
2018 $5,726 $447,372 $312,120 $135,252
2016 $5,550 $430,000 $300,000 $130,000
2015 $3,837 $284,579 $139,962 $144,617
2014 $3,842 $279,006 $137,221 $141,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15089089

California Regional Multiple Listing Service (CRMLS)

APN: 6211-014-039