NOT LISTED FOR SALE

8935 California Ave South Gate, CA 90280

Estimated Value: $1,084,097

6 Beds
5 Baths
3,325 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $640,800 $193 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,720/month

257 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Security Fence
  • Legacy High School Complex Rated A-

About This Home

As of October 2016

Amazing Investment Opportunity! Well maintained, gated & highly visible 4-unit income property with an easy access to 710, 5, 110, & 105 freeways. The building size is 3,325 sq.ft. and lot is 6,379 sq.ft.. Front unit has been a barber shop for 15 years with the same tenant and the multi-family residence in the back is comprised of a Single family & Duplex. Apartment A & C have 2 beds and 1 bath with a small yard & spacious balcony, and Apartment B has 2 beds & 1 ¾ baths. All units are currently occupied by long term tenants with rents below market & upside potential. Some plumbing has been replaced recently, there’s a separate gas & electric meter as well as water heater for each unit, maintenance room with common washer & dryer hook up/connections available for use if desired, 3-car detached garages and plenty of room for extra parking space.

Last Agent to Sell the Property

Sunshine Coyle-Pardo

RGSC Properties Inc. License #01504416 Listed on: 01/27/2016

Last Buyer's Agent

Sunshine Coyle-Pardo

RGSC Properties Inc. License #01504416 Listed on: 01/27/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,897

Year Built

  • Built in 1964

Lot Details

  • 6,379 Sq Ft Lot
  • Two or More Common Walls
  • Security Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Parking Spaces

Home Design

  • 3,325 Sq Ft Home
  • Property Attached
  • Shingle Roof
  • Flat Tile Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 6210019017

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,430
  • Maintenance Expense $3,079
  • Other Expense $600
  • Trash Expense $605
  • Water Sewer Expense $2,076
  • New Taxes Expense $8,688
  • Gross Income $3,335
  • Net Operating Income $35,532

Additional Features

  • 4 Buildings
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,897

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 5.32
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2076.00
  • Property Type: Residential Income
  • Parcel Number: 6210019017
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 192.72

Exterior Features

  • Fencing: Block, Security
  • Pool Private: No
  • Roof: Flat Tile, Shingle

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Trash Expense: 605.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6379.00
  • Price Per Lot Square Foot: 108.95
  • Lot Size Acres: 0.1460

Multi Family

  • Gross Income: 3335.00
  • Gross Scheduled Income: 40020.00
  • Insurance Expense: 1430.00
  • Lot Size Area: 6379.0000 Square Feet
  • Maintenance Expense: 3079.00
  • Net Operating Income: 35532.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Operating Expense: 16978.00
  • Other Expense: 600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8688.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Alvarez Ciro Alejandro and Alvarez Julie
Bought by
Dalends Llc
Current Estimated Value
$1,084,097

Purchase Details

Closed on
Nov 1, 2024
Sold by
Dalends Llc
Bought by
Alvarez Ciro Alejandro and Alvarez Julie

Purchase Details

Listed on
Jan 27, 2016
Closed on
Sep 1, 2016
Sold by
Luna Mancera Marco A and Medina Barbara L
Bought by
Dalends Llc
Seller's Agent
Sunshine Coyle-Pardo
RGSC Properties Inc.
Buyer's Agent
Sunshine Coyle-Pardo
RGSC Properties Inc.
List Price
$695,000
Sold Price
$640,800
Premium/Discount to List
-$54,200
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Luna Ng Patricia Luna and Luna Gn Patricia
Bought by
Luna Luis and Luna Gustavo
Source: Public Records

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
Dalends Llc -- None Listed On Document
Alvarez Ciro Alejandro -- None Listed On Document
Dalends Llc $640,000 First American Title Company
Luna Luis -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $640,800 0.0% $193 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/01/2016 09/01/16 Off Market $640,800 -- --
01/27/2016 01/27/16 For Sale $695,000 -- $209 / 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 $9,897 $1,047,000 $700,000 $347,000
2024 $9,897 $728,204 $217,322 $510,882
2023 $9,728 $713,926 $213,061 $500,865
2022 $9,273 $699,929 $208,884 $491,045
2021 $9,155 $686,206 $204,789 $481,417
2019 $8,829 $665,855 $198,716 $467,139
2018 $8,629 $652,800 $194,820 $457,980
2016 $4,493 $308,098 $111,657 $196,441
2015 $3,958 $263,727 $89,663 $174,064
2014 $3,956 $258,562 $87,907 $170,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16017614

California Regional Multiple Listing Service (CRMLS)

APN: 6210-019-017