NOT LISTED FOR SALE

8140 San Gabriel Ave South Gate, CA 90280

Estimated Value: $822,743 - $1,057,000

5 Beds
3 Baths
2,231 Sq Ft
$421/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $530,000 $238 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,626/month

7 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Front Yard
  • Legacy High School Complex Rated A-
  • Laundry Room

About This Home

As of August 2016

GREAT DUPLEX; FRONT HOUSE HAS 4 BEDROOMS KITCHEN WITH GRANITE COUNTER TOPS AND TILE FLOOR, LIVING ROOM, DINNING ROOM, BEDROOMS HAVE LAMINATED FLOORING, MOST WINDOWS WITH SHUTTER COVERINGS, AND CROWN MOLDING, BACK UNIT 2 BEDROOMS WITH LAMINATED FLOORING ONE BATH WITH TILE FLOORING, LIVING ROOM CROWN MOLDING AND LAMINATED FLOORING KITCHEN HAS TILE FLOORING, WINDOWS WITH SUTTER COVERINGS

Last Agent to Sell the Property

Sergio Corona

DYNASTY REAL ESTATE License #01881529 Listed on: 03/12/2016

DYNASTY REAL ESTATE

Last Buyer's Agent

Maria Hernandez

Excellence Reliable Brokers License #01756902

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,935

Year Built

  • Built in 1962

Lot Details

  • 6,002 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,231 Sq Ft Home
  • Den with Fireplace

Kitchen

  • Granite Countertops
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 153
  • Tax Tract Number 5357
  • Assessor Parcel Number 6215015035

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $605
  • New Taxes Expense $1,934
  • Gross Income $38,000
  • Net Operating Income $35,461

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,935

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6215015035
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Den
  • Price Per Square Foot: 237.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6002.00
  • Price Per Lot Square Foot: 88.30
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Income: 38000.00
  • Gross Scheduled Income: 38000.00
  • Insurance Expense: 605.00
  • Lot Size Area: 6002.0000 Square Feet
  • Net Operating Income: 35461.00
  • 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: 2
  • Operating Expense: 2539.00
  • Rent Control: No
  • Total Actual Rent: 3800.00

Tax Info

  • New Taxes Expense: 1934.00
  • Tax Lot: 153
  • Tax Tract Number: 5357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2016
Closed on
Aug 4, 2016
Sold by
Huerta Enriqueta
Bought by
Huerta Luis Wilfred
Seller's Agent
Sergio Corona
DYNASTY REAL ESTATE
Buyer's Agent
Maria Hernandez
Excellence Reliable Brokers
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Current Estimated Value
$939,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,186
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Apr 30, 2016
Sold by
Santiago Julia
Bought by
Zaragoza David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2016
Sold by
Huerta Luis Wilfredo
Bought by
Zaragoza David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2007
Sold by
Martinez Margarita
Bought by
Huerta Luis Wilfredo
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
Huerta Luis Wilfred -- Ticor Title
Zaragoza David -- Ticor Title
Zaragoza David $560,000 Ticor Title
Huerta Luis Wilfredo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaragoza David $520,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $530,000 -0.9% $238 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $535,000 -- $240 / 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 $7,935 $615,106 $324,961 $290,145
2024 $7,935 $603,046 $318,590 $284,456
2023 $7,798 $591,223 $312,344 $278,879
2022 $7,425 $579,631 $306,220 $273,411
2021 $7,335 $568,266 $300,216 $268,050
2020 $7,392 $562,440 $297,138 $265,302
2019 $7,102 $551,412 $291,312 $260,100
2018 $6,945 $540,600 $285,600 $255,000
2016 $1,956 $120,117 $34,215 $85,902
2015 $1,927 $118,314 $33,702 $84,612
2014 $1,934 $115,997 $33,042 $82,955
Source: Public Records

Agents Affiliated with this Home

  • Sergio Corona

    Seller's Agent in 2016

    Sergio Corona

    DYNASTY REAL ESTATE

    (951) 801-0361

    39 Total Sales

    Sergio Corona
    Section Image

  • M

    Buyer's Agent in 2016

    Maria Hernandez

    Excellence Reliable Brokers

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16052331

California Regional Multiple Listing Service (CRMLS)

APN: 6215-015-035

California Los Angeles County South Gate 90280

8140 San Gabriel Ave, South Gate, CA

This home is located at 8140 San Gabriel Ave, South Gate, CA 90280 since 12 March 2016 and is currently estimated at $939,186, approximately $420 per square foot. This property was built in 1962. 8140 San Gabriel Ave is a home located in Los Angeles County with nearby schools including San Gabriel Avenue Elementary School, South Gate Middle School, and Southeast Middle School.

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

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