Seller's Agent in 2024
Brenda Pena
Century 21 Allstars
(562) 756-2437
10 in this area
49 Total Sales
8676 State St South Gate, CA 90280
Estimated Value: $695,461
1
Bed
2
Baths
2,013
Sq Ft
$345/Sq Ft
Est. Value
About This Home
As of July 2024CASH or Hard Money Only, (FIXER) (Store front) 3 Units 1 bed/ 1 bath, with 3 single car garages. Property has a store front, per city may not be able to use as business due to the zoning change of 2015, zoning is NM/R2/R3 (CODE 11.55) no longer commercial mix/used (Small window for store front of 6 months from prior vacancy rule to put a similar business there, pet grooming, pet store something of the same nature, you have till April of this year to put a new License for business and for the city approval or can be residential with 15feet setback from property line. Property still boast of potential, to convert the garages to an ADU, possible rents $1,500 each unit. The property needs repairs, remodeling, new roof and more. Please refer to the city of South Gate for any other questions or concerns.
Last Agent to Sell the Property
Century 21 Allstars Brokerage Phone: 562-756-2437 License #01464420 Listed on: 03/07/2024
Last Buyer's Agent
Century 21 Allstars Brokerage Phone: 562-756-2437 License #01464420 Listed on: 03/07/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 5,596 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
- Three Garage Doors
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,013 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 7
- Tax Tract Number 3233
- Assessor Parcel Number 6210025017
- $1,246 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $650
- Water Sewer Expense $1,200
- Operating Expense $3,850
- Gross Income $72,000
- Net Operating Income $68,150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2024
Sold by
Chavez Martha S
Bought by
Chavez Hector Manuel
Current Estimated Value
Purchase Details
Closed on
Mar 29, 2007
Sold by
Chavez Heriberto
Bought by
Chavez Martha S
Purchase Details
Closed on
Dec 6, 2006
Sold by
Matz Janyce R and Bishop Jeri L
Bought by
Chavez Martha S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 1999
Sold by
Kerber Russell C and Kerber Caryl R
Bought by
Matz Janyce R and Kerber Charles E
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 |
|---|---|---|---|
| Chavez Hector Manuel | $675,000 | Pacific Coast Title Company | |
| Chavez Martha S | -- | Fidelity National Title Co | |
| Chavez Martha S | $560,000 | Fidelity National Title Co | |
| Matz Janyce R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chavez Martha S | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2024 07/16/24 | Sold | $675,000 | -3.5% | $335 / Sq Ft |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $699,800 | 0.0% | $348 / Sq Ft |
| 09/15/2017 09/15/17 | Rented | $1,100 | -8.3% | -- |
| 09/07/2017 09/07/17 | For Rent | $1,200 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $9,985 | $675,000 | $475,000 | $200,000 |
| 2024 | $9,985 | $735,554 | $525,399 | $210,155 |
| 2023 | $9,812 | $721,133 | $515,098 | $206,035 |
| 2022 | $9,353 | $706,995 | $504,999 | $201,996 |
| 2021 | $9,243 | $693,134 | $495,098 | $198,036 |
| 2019 | $8,951 | $672,577 | $480,414 | $192,163 |
| 2018 | $8,767 | $659,391 | $470,995 | $188,396 |
| 2016 | $8,378 | $633,787 | $452,706 | $181,081 |
| 2015 | $8,239 | $624,267 | $445,906 | $178,361 |
| 2014 | $8,220 | $612,040 | $437,172 | $174,868 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Pena
-
C
Seller's Agent in 2017
Chad King
Chad King
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24047294
APN: 6210-025-017
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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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