$425,000
SOLD JUL 2, 2018

8615 State St South Gate, CA 90280

2 Beds
2 Baths
1,554 Sq Ft
6,294 Sq Ft Lot

Recently Sold

$273 Per Sq Ft

1% Below List Price

105 Days on Market

About This Home

As of May 2021

Great for the first-time buyers and or investors. This home features a big back yard awesome for entertaining, BBQ, great family gathering and lots of space for the little ones to run around and play with their pets or jungle gym, come and see for yourself, you will admire, buy and it's a GREAT place to call home. Close to Shopping, Schools and Services! Conveniently located for commutes to Downtown LA or Orange County.

Last Agent to Sell the Property

Judith Cardenas

First Buy Realty, Inc. License #01305255

Last Buyer's Agent

Jennifer Avellan

Keller Williams SELA License #01468000

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,918

Year Built

  • Built in 1928

Lot Details

  • 6,294 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Home Design

  • 1,554 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 6204002019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $850
  • Operating Expense $850
  • Gross Income $1,250
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,918

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: SGCR*
  • Property Type: Residential Income
  • Parcel Number: 6204002019
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 273.49

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 6294.00
  • Lot Size Acres: 0.1445

Multi Family

  • Gross Income: 1250.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6294.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 850.00

Tax Info

  • Tax Census Tract: 5355.03

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
105
Current Estimated Value
$690,798

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

Map

Range of Values:

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ICE

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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 Type Sale Price Title Company
Grant Deed $565,000 Monarch Title Company
Grant Deed $425,000 First American Title Company
Grant Deed $155,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $554,570 FHA
Previous Owner $417,302 FHA
Previous Owner $147,500 FHA
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

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17273572

California Regional Multiple Listing Service (CRMLS)

APN: 6204-002-019