NOT LISTED FOR SALE

8425 Mountain View Ave South Gate, CA 90280

Estimated Value: $845,000 - $919,000

4 Beds
3 Baths
1,989 Sq Ft
$448/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $643,000 $323 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,474/month

30 Days on Market

Highlights

  • City Lights View
  • Modern Architecture
  • No HOA
  • Legacy High School Complex Rated A-
  • Lawn
  • Separate Outdoor Workshop

About This Home

As of September 2019

Beautiful income property in Prime Residential of South Gate, Front unit is a 2 story 3 bedroom with 2 baths includes 2 car garage. Back unit is a 1 bedroom 1 bath with a 1 car garage. Both have there own separate yards and driveway with lots of parking. Gated with wrought iron fence. Great condition inside.

Last Agent to Sell the Property

Eduardo Sandoval

Excellence RE Real Estate, Inc. License #01209651 Listed on: 07/10/2019

Excellence RE Real Estate, Inc.

Last Buyer's Agent

MIKE VIRAMONTES

Excellence RE Real Estate License #01741799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,943

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,981 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Modern Architecture
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,989 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 131
  • Tax Tract Number 2917
  • Assessor Parcel Number 6211021007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,125
  • Operating Expense $4,800
  • Gross Income $21,600
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,943

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: All attached
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: SGR3YY
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6211021007
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 323.28
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage, Workshop
  • View: City Lights
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave, Refrigerator, Trash Compactor, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 5981.00
  • Lot Size Acres: 0.1373

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 21600.00
  • Gross Scheduled Income: 3300.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5981.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 4800.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 5355.01
  • Tax Lot: 131
  • Tax Tract Number: 2917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 22, 2019
Sold by
Beltran Ramon and Beltran Graciela
Bought by
Ceja Eduardo Ismael
Seller's Agent
Eduardo Sandoval
Excellence RE Real Estate, Inc.
Buyer's Agent
MIKE VIRAMONTES
Excellence RE Real Estate
List Price
$649,900
Sold Price
$643,000
Premium/Discount to List
-$6,900
-1.06%
Current Estimated Value
$891,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,929
Avg. Annual Appreciation
5.55%
Original Mortgage
$631,053
Outstanding Balance
$557,363
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$334,566

Purchase Details

Closed on
Nov 12, 2003
Sold by
Beltran Brenda
Bought by
Beltran Ramon and Beltran Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1998
Sold by
Calvo Jose M and Calvo Jose M Gladys
Bought by
Beltran Ramon and Beltran Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,809
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ceja Eduardo Ismael $643,000 Wfg National Title Company
Beltran Ramon -- United Title Company
Beltran Ramon $205,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceja Eduardo Ismael $631,053
Previous Owner Beltran Ramon $216,400
Previous Owner Beltran Ramon $198,809
Closed Beltran Ramon $54,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $643,000 -1.1% $323 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $649,900 -- $327 / 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 $8,943 $703,209 $421,051 $282,158
2024 $8,943 $689,422 $412,796 $276,626
2023 $8,788 $675,904 $404,702 $271,202
2022 $8,363 $662,652 $396,767 $265,885
2021 $8,265 $649,660 $388,988 $260,672
2020 $8,332 $643,220 $385,000 $258,220
2019 $4,025 $293,639 $116,793 $176,846
2018 $6,062 $287,886 $114,503 $173,383
2016 $3,695 $276,497 $110,057 $166,440
2015 $3,636 $272,344 $108,404 $163,940
2014 $3,639 $267,010 $106,281 $160,729
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eduardo Sandoval

    Excellence RE Real Estate, Inc.

    (562) 450-7164

    49 Total Sales

    Eduardo Sandoval
    Section Image
  • MIKE VIRAMONTES

    Buyer's Agent in 2019

    MIKE VIRAMONTES

    Excellence RE Real Estate

    (562) 444-8878

    1 in this area

    41 Total Sales

    MIKE VIRAMONTES
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19163827

California Regional Multiple Listing Service (CRMLS)

APN: 6211-021-007

California Los Angeles County South Gate 90280

8425 Mountain View Ave, South Gate, CA

This home is located at 8425 Mountain View Ave, South Gate, CA 90280 since 10 July 2019 and is currently estimated at $891,929, approximately $448 per square foot. This property was built in 1953. 8425 Mountain View Ave is a home located in Los Angeles County with nearby schools including Liberty Boulevard Elementary School, Walnut Park Middle School, and South Gate High 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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