Seller's Agent in 2021
Jennifer Avellan
Keller Williams SELA
(310) 346-7851
7 in this area
170 Total Sales
8615 State St South Gate, CA 90280
Estimated Value: $690,798
3
Beds
2
Baths
1,554
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Property is near a park
- Private Yard
- Rectangular Lot
- Legacy High School Complex Rated A-
- Laundry Room
- Wood Fence
About This Home
As of May 2021Welcome to 8615 State St in the City of South Gate. Here is the investment opportunity you have been waiting for all year! This mixed use duplex is comprised of 1) a storefront retail unit with its own bathroom (plenty of space to add a shower) along with 2) a 2nd residential unit with 2 bedrooms & a bonus room (previously used as a 3rd bedroom) & 1 full bath. This is your opportunity to start the business you have always wanted OR expand your current business to another location OR live in the rear residential unit and enjoy the cash flow from the currently rented retail space. The opportunities with this unique property don't end here....DEVELOPMENT OPPORTUNITY as Property is zoned SGCR.* Due to the current zoning, the property's unique location, lot size etc. the City of South Gate may allow an owner to build anywhere from 2 to 4 units (Buyer to verify buildability details etc with the City). The Residential unit is quite spacious w a separate living room, dining room, galley kitchen, indoor laundry room & 2 spacious bedrooms...3rd room was last used as a bedroom. Huge backyard just waiting for a new owner to transform this open space to build units, park tons of cars, an RV or design your very own garden oasis...Excellent location. Close to several parks & schools. Steps away from several Metro bus lines & has a WalkScore© of 78. This property can qualify for FHA financing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,918
Year Built
- Built in 1928
Lot Details
- 6,294 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Rectangular Lot
- Level Lot
- Private Yard
- Back Yard
Home Design
- Property Attached
Interior Spaces
- 1,554 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
Location
- Property is near a park
- Property is near public transit
Utilities
- Septic Type Unknown
Community Details
- 2 Units
- 1 Leased Unit
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 3233
- Assessor Parcel Number 6204002019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2021
Sold by
Pineda Eric and Leon Eladio
Bought by
Lopez Rosalina and Munoz Jose E
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,570
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 22, 2018
Sold by
Ortega Julian
Bought by
Pineda Eric and Leon Eladio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 14, 1997
Sold by
Gardea Maria E
Bought by
Ortega Julian and Ortega Emilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
7.92%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Rosalina | $565,000 | Monarch Title Company | |
| Pineda Eric | $425,000 | First American Title Company | |
| Ortega Julian | $155,000 | Benefit Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lopez Rosalina | $554,570 | |
| Previous Owner | Pineda Eric | $417,302 | |
| Previous Owner | Ortega Julian | $147,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2021 05/11/21 | Sold | $564,800 | 0.0% | $363 / Sq Ft |
| 09/10/2020 09/10/20 | Pending | -- | -- | -- |
| 08/09/2020 08/09/20 | For Sale | $564,800 | +32.9% | $363 / Sq Ft |
| 07/02/2018 07/02/18 | Sold | $425,000 | -1.1% | $273 / Sq Ft |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- |
| 02/15/2018 02/15/18 | Price Changed | $429,900 | 0.0% | $277 / Sq Ft |
| 02/09/2018 02/09/18 | For Sale | $430,000 | 0.0% | $277 / Sq Ft |
| 01/18/2018 01/18/18 | Pending | -- | -- | -- |
| 12/11/2017 12/11/17 | For Sale | $430,000 | -- | $277 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,918 | $599,582 | $424,483 | $175,099 |
| 2023 | $7,782 | $587,826 | $416,160 | $171,666 |
| 2022 | $7,975 | $576,300 | $408,000 | $168,300 |
| 2021 | $5,850 | $437,990 | $262,794 | $175,196 |
| 2020 | $5,894 | $433,500 | $260,100 | $173,400 |
| 2019 | $5,667 | $425,000 | $255,000 | $170,000 |
| 2018 | $3,127 | $210,477 | $98,223 | $112,254 |
| 2016 | $2,979 | $202,306 | $94,410 | $107,896 |
| 2015 | $2,932 | $199,268 | $92,992 | $106,276 |
| 2014 | $2,930 | $195,366 | $91,171 | $104,195 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Avellan
-
Judith Cardenas
J
Seller's Agent in 2018
Judith Cardenas
First Buy Realty, Inc.
(714) 715-7270
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20160723
APN: 6204-002-019
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.
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
Nearby Homes
- 8680 S Gate Ave
- 8912 Elizabeth Ave
- 8464 California Ave
- 3473 Liberty Blvd
- 8415 San Antonio Ave
- 8945 San Antonio Ave
- 8693 San Carlos Ave
- 3612 Liberty Blvd
- 9320 Long Beach Blvd
- 3175 Ohio Ave
- 2717 Independence Ave
- 3312 Hill St
- 2913 Illinois Ave
- 3107 Hill St
- 3816 Liberty Blvd
- 3700 Santa Ana St
- 9612 Long Beach Blvd
- 9616 Long Beach Blvd
- 2712 Willow Place
- 2912 Hill St
- 8615 State St
- 3216 Ardmore Ave
- 8631 1/2 State St
- 8614 Madison Ave
- 8626 Madison Ave
- 8614 State St
- 8618 State St
- 8608 State St
- 8622 State St
- 8637 State St
- 8632 Madison Ave
- 8626 State St
- 8636 Madison Ave
- 8632 State St
- 8640 Madison Ave
- 3266 Ardmore Ave
- 8609 Madison Ave Unit A
- 8613 Madison Ave
- 8617 Madison Ave
- 8644 Madison Ave