NOT LISTED FOR SALE

8142 San Juan Ave South Gate, CA 90280

Estimated Value: $872,000 - $983,000

5 Beds
3 Baths
1,875 Sq Ft
$488/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $815,000 $435 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,724/month

13 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Energy-Efficient Windows
  • Legacy High School Complex Rated A-
  • 2 Car Garage

About This Home

As of February 2022

Front house offers three bedrooms and two baths. Master bath was added with permits, adding an additional 53square feet. It has a formal dining room, curved ceilings to keep the Spanish style flowing. There's an original fireplace which seller states that it is capped and only used as decoration. Newer windows and back bedroom sliding door installed with permits. Front house has hardwood floors throughout. Interior has newer paint and feels very homey. Also has a tankless water heater and electrical panel has been upgraded. Back unit is a two bedroom and one bath. See pictures for reference. Detached two car garage with newer garage door. Back yard is cemented to allow for multiple cars to be parked as street can get a bit crammed. Long driveway also allows more parking. Seller cemented a section of the front yard to allow one car to park without blocking driveway access. Front unit roof is approx. 10yrs. Back unit is approx. 8yrs. Back unit built in 1954 according to assessor's records.

Last Agent to Sell the Property

Maria Espinoza

United Brokers Realty License #01226301 Listed on: 11/17/2021

Last Buyer's Agent

Daniel Rivera

KW Vision License #02049345

KW Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,691

Year Built

  • Built in 1928

Lot Details

  • 6,001 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • 1,875 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 123
  • Tax Tract Number 3411
  • Assessor Parcel Number 6215012034
  • $6,555 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $18,420
  • Net Operating Income $18,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,691

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 399500
  • Property Attached: No
  • Zoning: SGR2YY
  • Property Type: Residential Income
  • Parcel Number: 6215012034
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 434.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 18420.00
  • Gross Scheduled Income: 18420.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 18420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5357.01
  • Tax Lot: 123
  • Tax Tract Number: 3411
  • TaxOtherAnnualAssessmentAmount: 6555.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 7, 2022
Sold by
Fidel Machado Eduardo
Bought by
Ara Kevin
Seller's Agent
Maria Espinoza
United Brokers Realty
Buyer's Agent
Daniel Rivera
KW Vision
List Price
$799,000
Sold Price
$815,000
Premium/Discount to List
$16,000
2%
Current Estimated Value
$914,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,286
Avg. Annual Appreciation
3.14%
Original Mortgage
$770,781
Outstanding Balance
$711,387
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$202,899

Purchase Details

Closed on
Feb 22, 2007
Sold by
Machado Eduardo Fidel and Machado Revocable Living Trust
Bought by
Machado Eduardo Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2006
Sold by
Machado Eduardo
Bought by
Machado Eduardo Fidel and The Machado Revocable Living T
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
Ara Kevin $805,000 Fidelity National Title
Machado Eduardo Fidel -- Orange Coast Title Company
Machado Eduardo Fidel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ara Kevin $770,781
Previous Owner Machado Eduardo Fidel $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $815,000 +2.0% $435 / Sq Ft
11/17/2021 11/17/21 For Sale $799,000 -- $426 / 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 $10,691 $854,272 $557,134 $297,138
2024 $10,691 $837,522 $546,210 $291,312
2023 $10,503 $821,100 $535,500 $285,600
2022 $1,907 $108,751 $43,293 $65,458
2021 $7,716 $106,620 $42,445 $64,175
2020 $7,721 $105,527 $42,010 $63,517
2019 $7,660 $93,141 $41,187 $51,954
2018 $7,405 $91,316 $40,380 $50,936
2016 $7,314 $87,772 $38,813 $48,959
2015 $1,449 $86,454 $38,230 $48,224
2014 $1,456 $84,762 $37,482 $47,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21251348

California Regional Multiple Listing Service (CRMLS)

APN: 6215-012-034