NOT LISTED FOR SALE

8427 Evergreen Ave South Gate, CA 90280

Estimated Value: $733,000 - $891,000

4 Beds
3 Baths
1,500 Sq Ft
$542/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $599,000 $399 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,967/month

27 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Back and Front Yard
  • Legacy High School Complex Rated A-
  • Rectangular Lot

About This Home

As of November 2018

****SERIOUS AND COMMITTED BUYERS ONLY**** PREVIOUS BUYERS UNABLE TO PERFORM*** BACK ON THE MARKET AS OF TODAY 10/19/2018***
HERE IS YOUR ONLY ONE OPPORTUNITY TO OWN ONE OF THE BEST KEPT PROPERTY IN SOUTH GATE.

Unique Opportunity for first time Home buyers or Investors. Live in one unit and rent the other one. Great Duplex definitely pride of ownership. Great Location of South Gate, close to Parks, Schools, Freeways, Major Shopping Centers, etc... This property consist of 2 units plus a Rumpus Room (153 sqft)(Sleeping Room) that can be rented for more income (Legally Permitted) See Attached Supplements for more information. Front Unit is a 2 bedroom 1 bath with an additional small room that can be used as a 3rd bedroom, an office or game room. 2nd unit is a 1 bedroom 1 bath and don't forget about the sleeping room. It has a very long drive way offering plenty of parking space plus a 2 car garage in the back. Space is NOT going to be a problem.!! Owners have kept this property in very good conditions. Some Improvements were done recently such as Newer windows, newer paint, newer flooring, newer Landscape, etc.. Bring all your buyers and let them fall in LOVE with this great and amazing piece of property. Don't waste any time, come and see this beauty before it sells, because of the price and conditions it won't last.

Last Agent to Sell the Property

Hector Benavidez

Equity Smart Real Estate Services License #01337609 Listed on: 09/13/2018

Equity Smart Real Estate Services

Last Buyer's Agent

Jose Luis Alvarado

Coast Investment Realty License #01316242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,429

Year Built

  • Built in 1952

Lot Details

  • 6,873 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,500 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 2917
  • Assessor Parcel Number 6211017008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,429

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6211017008
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 399.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Outside
  • Sewer: Public 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: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Level with Street, Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 6873.00
  • Lot Size Acres: 0.1578

Multi Family

  • Lot Size Area: 6873.0000 Square Feet
  • 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: 5355.02
  • Tax Lot: 71
  • Tax Tract Number: 2917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 14, 2018
Sold by
Alvarado Norma Elsy Cortez De
Bought by
Alvarado Jose L
Seller's Agent
Hector Benavidez
Equity Smart Real Estate Services
Buyer's Agent
Jose Luis Alvarado
Coast Investment Realty
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$813,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,221
Avg. Annual Appreciation
4.49%
Original Mortgage
$588,150
Outstanding Balance
$515,609
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$297,612

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 12, 2018
Sold by
Quintero Nicolas and Quintero Sagrario
Bought by
Alvarado Jose L
Seller's Agent
Hector Benavidez
Equity Smart Real Estate Services
Buyer's Agent
Jose Luis Alvarado
Coast Investment Realty
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,150
Outstanding Balance
$515,609
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$297,612
Source: Public Records

Range of Values:

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Average Value
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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
Alvarado Jose L -- Old Republic Title Company
Alvarado Jose L $599,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Jose L $588,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $599,000 0.0% $399 / Sq Ft
10/19/2018 10/19/18 For Sale $599,000 0.0% $399 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/09/2018 10/09/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $599,000 0.0% $399 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $599,000 -- $399 / 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 $8,429 $668,191 $433,934 $234,257
2024 $8,429 $655,090 $425,426 $229,664
2023 $8,282 $642,246 $417,085 $225,161
2022 $7,881 $629,654 $408,907 $220,747
2021 $7,791 $617,309 $400,890 $216,419
2020 $7,853 $610,980 $396,780 $214,200
2019 $7,541 $599,000 $389,000 $210,000
2018 $3,140 $226,468 $154,417 $72,051
2016 $2,991 $217,676 $148,422 $69,254
2015 $2,943 $214,407 $146,193 $68,214
2014 $2,948 $210,208 $143,330 $66,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18224654

California Regional Multiple Listing Service (CRMLS)

APN: 6211-017-008