NOT LISTED FOR SALE

8126 Dearborn Ave South Gate, CA 90280

Estimated Value: $700,000 - $828,000

3 Beds
2 Baths
1,348 Sq Ft
$575/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $529,000 $392 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,712/month

1 Day on Market

Highlights

  • Private Yard
  • Legacy High School Complex Rated A-
  • Laundry Room

About This Home

As of December 2019

Opportunity knocks! 2 on a lot, live in one and rent one to help with mortgage payment. Front house is a 2 bedrooms, 1 bath, living room, Kitchen with
dining area. Back unit is above garage, 1 bedroom, 1 bath, living room, kitchen with dining area. 2 car garage, long drive way with plenty of space to park minimum 5 cars.

Last Agent to Sell the Property

Rosa Villasenor

Century 21 Allstars License #01053443 Listed on: 10/22/2019

Century 21 Allstars

Last Buyer's Agent

Rosa Villasenor

Century 21 Allstars License #01053443 Listed on: 10/22/2019

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,573

Year Built

  • Built in 1923

Lot Details

  • 6,016 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,348 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 3254
  • Assessor Parcel Number 6211001040

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $6,613
  • Operating Expense $1,800
  • Gross Income $10,800
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,573

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6211001040
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 392.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6016.00
  • Lot Size Acres: 0.1381

Multi Family

  • Gross Income: 10800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6016.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 1800.00

Tax Info

  • New Taxes Expense: 6613.00
  • Tax Census Tract: 5357.01
  • Tax Lot: 72
  • Tax Tract Number: 3254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2024
Sold by
Fausto Olvera J and Fausto Eira Sagrario
Bought by
Olvera Family Trust and Olvera
Current Estimated Value
$748,956

Purchase Details

Listed on
Oct 22, 2019
Closed on
Oct 25, 2019
Sold by
Soto Rigoberto and Soto Elizabeth
Bought by
Fausto Olvera J and Fausto Eira S
Seller's Agent
Rosa Villasenor
Century 21 Allstars
Buyer's Agent
Rosa Villasenor
Century 21 Allstars
List Price
$529,000
Sold Price
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$229,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2006
Sold by
Soto Rigoberto
Bought by
Soto Rigoberto and Gallegos Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2005
Sold by
Soto Olga
Bought by
Soto Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,325
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 4, 2005
Sold by
Soto Olga
Bought by
Soto Olga and Soto Rigoberto

Purchase Details

Closed on
Jan 9, 2004
Sold by
Vega Francisco J
Bought by
Soto Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 7, 2004
Sold by
Rodriguez Concepcion
Bought by
Soto Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 24, 1997
Sold by
Federal National Mortgage Association
Bought by
Mora Jesus H and Rodriguez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,510
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1997
Sold by
Delgado Julian A and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 3, 1996
Sold by
Delgado Julian A and Delgado Margarita
Bought by
New Haven Corp

Purchase Details

Closed on
Sep 23, 1994
Sold by
Guardado Rigoberto Cruz
Bought by
Delgado Julian A and Delgado Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
8.58%
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
Olvera Family Trust -- None Listed On Document
Fausto Olvera J $529,000 Stewart Title
Soto Rigoberto -- None Available
Soto Rigoberto -- Financial Title San Bernardi
Soto Olga -- --
Soto Olga -- --
Soto Olga F -- --
Soto Olga $320,000 Landamerica Lawyers Title
Rodriguez Concepcion -- --
Mora Jesus H $160,000 Chicago Title Co
Federal National Mortgage Association $145,350 Stewart Title
New Haven Corp -- --
Delgado Julian A -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fausto Olvera J $229,000
Previous Owner Soto Rigoberto $413,000
Previous Owner Soto Rigoberto $340,325
Previous Owner Soto Olga $256,000
Previous Owner Mora Jesus H $163,718
Previous Owner Mora Jesus H $159,510
Previous Owner Delgado Julian A $183,000
Closed Soto Olga $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $529,000 0.0% $392 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $529,000 -- $392 / 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 $7,573 $578,533 $346,683 $231,850
2024 $7,573 $567,190 $339,886 $227,304
2023 $7,443 $556,070 $333,222 $222,848
2022 $7,091 $545,168 $326,689 $218,479
2021 $6,893 $534,480 $320,284 $214,196
2020 $6,948 $529,000 $317,000 $212,000
2019 $7,255 $575,771 $373,639 $202,132
2018 $7,086 $564,482 $366,313 $198,169
2017 $7 $553,415 $359,131 $194,284
2016 $6,776 $542,565 $352,090 $190,475
2015 $6,666 $534,416 $346,802 $187,614
2014 $6,665 $523,948 $340,009 $183,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19250022

California Regional Multiple Listing Service (CRMLS)

APN: 6211-001-040