NOT LISTED FOR SALE

8912 Otis St South Gate, CA 90280

Estimated Value: $862,000 - $879,000

4 Beds
3 Baths
1,825 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $720,000 $395 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,318/month

41 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • Wall Furnace

About This Home

As of October 2021

Great opportunity for investors, multiple families or live in one unit and rent the others. Property has three well maintained units. Laundry room in the back for shared/community use. 3 detached car garage with long drive way. The back unit 2 bed and 1 bath was updated.

Last Agent to Sell the Property

Dan Nguyen

DAN NGUYEN, BROKER License #01274114 Listed on: 07/22/2021

Last Buyer's Agent

Donna Landaverde

Synergy Real Estate License #02014631

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,783 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 1,825 Sq Ft Home
  • Triplex
  • Shingle Roof

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • No Utilities

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3722
  • Assessor Parcel Number 6216030019

Community Details

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,168
  • Trash Expense $500
  • Water Sewer Expense $1,000
  • Operating Expense $2,968
  • Gross Income $36,300
  • Net Operating Income $33,322

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: SGCMR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6216030019
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 394.52

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • 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: Rectangular Lot
  • Lot Size Sq Ft: 5783.00
  • Lot Size Acres: 0.1328

Multi Family

  • Gross Income: 36300.00
  • Gross Scheduled Income: 36300.00
  • Insurance Expense: 1168.00
  • Lot Size Area: 5783.0000 Square Feet
  • Net Operating Income: 33322.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2968.00
  • Rent Control: Yes
  • Total Expenses: 2968.00

Tax Info

  • Tax Census Tract: 5360.00
  • Tax Lot: 11
  • Tax Tract Number: 3722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2025
Sold by
Espinoza Fernando and Espinoza Melissa M
Bought by
Rc Martinez Llc
Current Estimated Value
$869,929

Purchase Details

Closed on
Mar 28, 2006
Sold by
Garcia Cathy A
Bought by
Garcia Cathy A and Cathy Garcia Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rc Martinez Llc -- Fidelity National Title
Garcia Cathy A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $720,000 0.0% $395 / Sq Ft
09/28/2021 09/28/21 Off Market $720,000 -- --
09/26/2021 09/26/21 For Sale $750,000 +4.2% $411 / Sq Ft
09/21/2021 09/21/21 Off Market $720,000 -- --
09/21/2021 09/21/21 For Sale $750,000 +4.2% $411 / Sq Ft
09/17/2021 09/17/21 Off Market $720,000 -- --
09/14/2021 09/14/21 For Sale $750,000 +4.2% $411 / Sq Ft
09/10/2021 09/10/21 Off Market $720,000 -- --
09/01/2021 09/01/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $750,000 0.0% $411 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $750,000 -- $411 / 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 $9,779 $764,069 $456,319 $307,750
2024 $9,779 $749,088 $447,372 $301,716
2023 $9,609 $734,400 $438,600 $295,800
2022 $9,147 $720,000 $430,000 $290,000
2021 $3,817 $255,694 $84,610 $171,084
2019 $3,703 $248,111 $82,101 $166,010
2018 $3,559 $243,247 $80,492 $162,755
2016 $3,388 $233,803 $77,367 $156,436
2015 $3,334 $230,292 $76,205 $154,087
2014 $3,344 $225,782 $74,713 $151,069
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21161119

California Regional Multiple Listing Service (CRMLS)

APN: 6216-030-019