NOT LISTED FOR SALE

8931 Mcnerney Ave South Gate, CA 90280

Estimated Value: $699,000 - $2,321,000

2 Beds
1 Bath
1,386 Sq Ft
$1,224/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $415,000 $299 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $10,894/month

101 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • 2 Car Attached Garage
  • No HOA
  • Enclosed Patio or Porch
  • Eat-In Kitchen

About This Home

As of May 2017

**HUD Home in South Gate**. *Back On the Market and available to investors! Another Red Hot HUD Home has hit the market in South Gate. Bring your paint brush tools and talent and create your dream home in one of Southern California's most desirable suburbs. Traditional mid century design with many of the original features still intact. This classic home has two spacious bedrooms a family kitchen with casual dining that is remodel ready and a large living room and formal dining room. This a small footprint structure on a large 9612 SQFT R3 lot ready for a value added addition. Best of all the available FHA 203K financing makes funding the remodel a very easy proposition. This location is only a few short blocks from the new Azalea Shopping and entertainment complex, schools parks are also close by. Commuters will love the easy freeway access to LA, the South bay and LAX. This property is now available to investors, check with city for multi-family building guidelines!

Last Agent to Sell the Property

David Jervis

Century 21 Jervis & Associates License #00909394 Listed on: 12/09/2016

Century 21 Jervis & Associates

Last Buyer's Agent

Norma Voelkel

Voelkel & Associates License #01823662

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 9,612 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned SGR3YY

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6216030012

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: SGR3YY
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6216030012
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1386.00 Square Feet
  • Interior Amenities: Ceramic Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen, Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 299.42
  • Room Type: Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Enclosed, Porch, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Metal Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 9612.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 5360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Ross French
Bought by
Ali Liaquat and Ali Cynthia Lattice
Current Estimated Value
$1,697,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2016
Closed on
May 23, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
French Ross
Seller's Agent
David Jervis
Century 21 Jervis & Associates
Buyer's Agent
Norma Voelkel
Voelkel & Associates
List Price
$424,000
Sold Price
$415,000
Premium/Discount to List
-$9,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%
Original Mortgage
$380,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Alvarado Rebecca G
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 29, 1996
Sold by
Sindlinger John C
Bought by
Alvarado Rebecca G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.23%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Alvarado Rebecca G and Sindlinger Mary Frances
Bought by
Alvarado Rebecca G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ali Liaquat $1,900,000 Clearmark Title
French Ross $415,000 Chicago Title Company
Secretary Of Housing & Urban Development $415,732 None Available
Alvarado Rebecca G -- Continental Lawyers Title Co
Alvarado Rebecca G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Liaquat $1,520,000
Previous Owner French Ross $380,000
Previous Owner Alvarado Rebecca G $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $415,000 0.0% $299 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
03/08/2017 03/08/17 Off Market $415,000 -- --
03/08/2017 03/08/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $424,000 +2.2% $306 / Sq Ft
02/21/2017 02/21/17 Off Market $415,000 -- --
02/21/2017 02/21/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $424,000 +2.2% $306 / Sq Ft
12/19/2016 12/19/16 Off Market $415,000 -- --
12/19/2016 12/19/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $424,000 -- $306 / 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
2025 $24,766 $2,016,294 $1,167,328 $848,966
2024 $24,766 $1,976,760 $1,144,440 $832,320
2023 $24,327 $1,938,000 $1,122,000 $816,000
2022 $15,452 $1,232,480 $363,089 $869,391
2021 $6,091 $444,962 $355,970 $88,992
2019 $5,639 $431,765 $345,412 $86,353
2018 $5,485 $423,300 $338,640 $84,660
2016 $1,057 $56,082 $24,210 $31,872
2015 $1,041 $55,241 $23,847 $31,394
2014 $1,046 $54,160 $23,380 $30,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16761134

California Regional Multiple Listing Service (CRMLS)

APN: 6216-030-012