NOT LISTED FOR SALE

8919 San Miguel Ave South Gate, CA 90280

Estimated Value: $793,501 - $986,000

4 Beds
2 Baths
1,510 Sq Ft
$559/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $615,000 $407 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,154/month

10 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • Landscaped
  • Legacy High School Complex Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of October 2018

Remodeled Duplex with 2 houses on a lot in desirable area of South Gate. All new efficient windows throughout. The gorgeous kitchens include new cabinets with crown molding and quartz countertop complemented with a tile mosaic backsplash and a beautiful stainless steel farmhouse under-mounted sink accessorized with a pull-down spray faucet. These complete kitchens include microwaves, dishwashers, and refrigerators. Both bathrooms feature new bathtubs, efficient dual-flush toilets, faucet hardware, sink vanities and stunning tile mosaic backsplash to the ceiling with modern, stylish lighting fixtures. All new tile work in bathroom and flooring throughout. The electrical is significantly upgraded complete with final permits. The two Central AC units, one for each house, is a rare find for any duplex. The rear house features new french doors and an additional bedroom in the garage with direct access. The garage side entrance contains another room that can be used as a bedroom or office. Large lot and the front and rear yard come complete with an all new sprinkler system. The long concrete driveway provides plenty of parking. Walking distance from all types of restaurants and shopping. Buy to live or to lease as this is both a Beautiful and High Income Duplex!!!

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 09/21/2018

Last Buyer's Agent

Mary Beltran

Capital Management Realty Inc. License #01415689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,002 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Stucco Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 3722
  • Assessor Parcel Number 6210007021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $46,800
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,687

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: SGR3YY
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6210007021
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 407.28

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6002.00

Multi Family

  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Net Operating Income: 46800.00
  • 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: 5357.02
  • Tax Lot: 98
  • Tax Tract Number: 3722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Gonzalez Lizet and Gonzalez Juan Jose
Bought by
Gonzalez Lizet and Gonzalez Juan Jose
Current Estimated Value
$844,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,206
Outstanding Balance
$532,343
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$312,282

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 3, 2018
Sold by
Pacific Brim Holdings Llc
Bought by
Rodriguez Lizet and Gonzalez Juan Jose
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Mary Beltran
Capital Management Realty Inc.
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$603,860
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 31, 2018
Closed on
Mar 26, 2018
Sold by
Torre Maria De La
Bought by
Pacific Brim Holdings Llc
Seller's Agent
Maria Barragan
Realty ONE Group United
Buyer's Agent
Maria Barragan
Realty ONE Group United
List Price
$480,000
Sold Price
$467,500
Premium/Discount to List
-$12,500
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.45%
Original Mortgage
$500,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2003
Sold by
Delatorre Tomas and Gonzalez Aniceto M
Bought by
Delatorre Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gonzalez Lizet -- Provident Title Company
Rodriguez Lizet $615,000 Stewart Title Company
Pacific Brim Holdings Llc $467,500 Stewart Title Of California
Delatorre Maria -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Lizet $604,206
Closed Rodriguez Lizet $603,860
Previous Owner Pacific Brim Holdings Llc $500,000
Previous Owner Delatorre Maria $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2018 10/31/18 Sold $615,000 0.0% $407 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
10/01/2018 10/01/18 Price Changed $615,000 +2.7% $407 / Sq Ft
09/21/2018 09/21/18 For Sale $599,000 +28.1% $397 / Sq Ft
04/02/2018 04/02/18 Sold $467,500 -2.6% $310 / Sq Ft View Prior Sale
03/23/2018 03/23/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $480,000 +2.7% $318 / Sq Ft
03/15/2018 03/15/18 Off Market $467,500 -- --
03/06/2018 03/06/18 For Sale $480,000 0.0% $318 / Sq Ft
02/27/2018 02/27/18 For Sale $480,000 +2.7% $318 / Sq Ft
02/22/2018 02/22/18 Off Market $467,500 -- --
02/21/2018 02/21/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $480,000 -- $318 / 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 $8,687 $686,038 $501,981 $184,057
2024 $8,687 $672,588 $492,139 $180,449
2023 $8,535 $659,401 $482,490 $176,911
2022 $8,122 $646,473 $473,030 $173,443
2021 $8,029 $633,798 $463,755 $170,043
2020 $8,094 $627,300 $459,000 $168,300
2019 $7,772 $615,000 $450,000 $165,000
2018 $4,107 $302,693 $122,863 $179,830
2016 $3,919 $290,941 $118,093 $172,848
2015 $3,857 $286,572 $116,320 $170,252
2014 $3,862 $280,959 $114,042 $166,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18226437

California Regional Multiple Listing Service (CRMLS)

APN: 6210-007-021