NOT LISTED FOR SALE

8920 Hildreth Ave South Gate, CA 90280

Estimated Value: $916,000 - $1,165,333

6 Beds
4 Baths
2,347 Sq Ft
$425/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $750,000 $320 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,338/month

39 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Galley Kitchen
  • Legacy High School Complex Rated A-
  • Lawn
  • Laundry Room

About This Home

As of October 2017

Large accommodating home with separate building in the rear. A Great 4 bedroom / 2 bathroom separate home with two 1 bedroom / 1 bathroom income properties in back! This light & bright main home was fully remodeled a year ago and captivates you with its beautifully remodeled kitchen with stainless steel appliances, gorgeous cabinets and modern back splash. Relaxing bathrooms, rich dark wood floors, stone fireplace, step down master suite, ceiling fans, central air and heat. The conveniently located laundry is perfect and the open room floor plan is perfect for entertaining! With a two car garage and a huge gated driveway there’s ample parking for the whole family.

Rear units are 1 bedroom / 1 bathroom each and are a great source of income. Large lot allows the rear units to have their own yard space so you can enjoy the California sunshine. Live in the front and rent the rear units.

Steps away from the Azalea Shopping Center which includes a wide variety of restaurants & shopping. Close to South Gate Park, South Gate Golf Course, Hollydale Dog Park, 710, 105, 5 & 110 freeways and more.

Last Listed By

Marvin Phillip

Y Realty License #01464525 Listed on: 07/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,088

Year Built

  • Built in 1945

Lot Details

  • 9,750 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Lawn
  • Back and Front Yard

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 2,347 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Galley Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 650
  • Tax Tract Number 6666
  • Assessor Parcel Number 6222015034

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,999
  • Operating Expense $2,400
  • Gross Income $26,400
  • Net Operating Income $25,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,088

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6222015034
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 319.56
  • Room Type: Galley Kitchen, Master Suite

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 9750.00

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 2300.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 25400.00
  • 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: 2400.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • New Taxes Expense: 9999.00
  • Tax Census Tract: 5361.03
  • Tax Lot: 650
  • Tax Tract Number: 6666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Uribe Ernesto
Bought by
Ernesto Jr Uribe Revocable Living Trust
Total Days on Market
39
Current Estimated Value
$997,083

Purchase Details

Closed on
Aug 4, 2022
Sold by
Victoria Garzon
Bought by
Uribe Ernesto

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 13, 2017
Sold by
Torrez Jerry A and Torrez Dolores O
Bought by
Uribe Ernesto and Uribe Victoria
Seller's Agent
Marvin Phillip
Y Realty
Buyer's Agent
Stephanie Banuelos
Integrity Homes Realty
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$559,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Torrez Jerry A
Bought by
Torrez Jerry A and Torrez Dolores O

Purchase Details

Closed on
Apr 19, 2004
Sold by
Torrez Jerry A and Torrez Dolores O
Bought by
Torrez Jerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Ernesto Jr Uribe Revocable Living Trust -- --
Uribe Ernesto -- Progressive Title
Uribe Ernesto $750,000 Lawyers Title
Torrez Jerry A -- Lawyers Title
Torrez Jerry A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uribe Ernesto $559,000
Previous Owner Torrez Jerry A $330,000
Previous Owner Torrez Jerry A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $750,000 -6.2% $320 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $799,900 -- $341 / 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
2024 $9,088 $691,618 $178,481 $513,137
2023 $8,930 $678,058 $174,982 $503,076
2022 $8,502 $664,763 $171,551 $493,212
2021 $8,399 $651,730 $168,188 $483,542
2020 $8,465 $645,048 $166,464 $478,584
2019 $8,131 $632,400 $163,200 $469,200
2018 $7,986 $620,000 $160,000 $460,000
2016 $2,091 $129,934 $40,100 $89,834
2015 $2,057 $127,983 $39,498 $88,485
2014 $2,066 $125,477 $38,725 $86,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17150930

California Regional Multiple Listing Service (CRMLS)

APN: 6222-015-034