NOT LISTED FOR SALE

8938 Victoria Ave South Gate, CA 90280

Estimated Value: $974,000 - $1,349,000

6 Beds
4 Baths
2,918 Sq Ft
$389/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $610,000 $209 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,755/month

12 Days on Market

Highlights

  • Property is near public transit
  • Legacy High School Complex Rated A-
  • 4-minute walk to State Street Park

About This Home

As of August 2014

VERY NICE UNITS IN NICE AREA OF SOUTH GATE. CLOSE TO EVERYTHING, SELLER WILL ENTERTAIN ALL OFFERS. STANDER SALE-NO RENT CONTROL GREAT LOCATION EASY FREEWAY ACCESS.

Last Agent to Sell the Property

Marcial Rivas

Tierra Bella Realty R-M License #00893724 Listed on: 06/13/2014

Last Buyer's Agent

Victor Ambriz Jr

Keller Williams SELA License #00952349

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,653

Year Built

  • Built in 1921

Lot Details

  • 6,636 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Parking Spaces

Home Design

  • 2,918 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 121
  • Tax Tract Number 3477
  • Assessor Parcel Number 6210023031

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,750
  • Gross Income $3,995
  • Net Operating Income $35,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,653

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Other Phone Description: 562-746-2408
  • Other Phone Number: 562-746-2408
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6210023031
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 209.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6636.00
  • Lot Size Acres: 0.1520

Multi Family

  • Gross Income: 3995.00
  • Gross Scheduled Income: 47940.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6636.0000 Square Feet
  • Net Operating Income: 35270.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1057.00
  • Rent Control: No
  • Total Actual Rent: 2695.00

Tax Info

  • New Taxes Expense: 7750.00
  • Tax Lot: 121
  • Tax Tract Number: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2017
Sold by
Vargas Asuncion Jimenez
Bought by
Evergreen Properties 323 Llc
Current Estimated Value
$1,134,760

Purchase Details

Closed on
Apr 27, 2017
Sold by
Evergreen Properties 323 Llc
Bought by
Jimenez Asuncion

Purchase Details

Closed on
Apr 6, 2016
Sold by
Vargas Asuncion Jimenez and Jimenez Asuncion
Bought by
Evergreen Properties 323 Llc

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jul 2, 2014
Sold by
Rivera Miguel and Rivera Vilma
Bought by
Jimenez Asuncion
Seller's Agent
Marcial Rivas
Tierra Bella Realty R-M
Buyer's Agent
Victor Ambriz Jr
Keller Williams SELA
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$558,607
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2005
Sold by
Alvarado Anita and Alvarado Eduardo
Bought by
Rivera Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1994
Sold by
Alvarado Elodio and Alvarado Anita
Bought by
Alvarado Anita
Source: Public Records

Range of Values:

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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
Evergreen Properties 323 Llc -- None Available
Jimenez Asuncion -- None Available
Evergreen Properties 323 Llc -- None Available
Jimenez Asuncion $610,000 Usa National Title Co
Rivera Miguel $680,000 Lawyers Title Company
Alvarado Anita -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Asuncion $558,607
Previous Owner Rivera Miguel $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Sold $610,000 -2.4% $209 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $625,000 -- $214 / 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 $9,653 $733,121 $480,737 $252,384
2024 $9,653 $718,747 $471,311 $247,436
2023 $9,487 $704,655 $462,070 $242,585
2022 $9,040 $690,839 $453,010 $237,829
2021 $8,928 $677,294 $444,128 $233,166
2020 $8,996 $670,971 $439,575 $231,396
2019 $8,646 $657,827 $430,956 $226,871
2018 $8,472 $644,941 $422,506 $222,435
2017 $7,877 $595,680 $275,400 $320,280
2016 $8,005 $619,302 $406,100 $213,202
2015 $7,874 $610,000 $400,000 $210,000
2014 $5,547 $395,000 $116,000 $279,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marcial Rivas

    Tierra Bella Realty R-M

    (562) 622-1726

    17 Total Sales

    Marcial Rivas
    Section Image

  • V

    Buyer's Agent in 2014

    Victor Ambriz Jr

    Keller Williams SELA

    (562) 842-7248

    3 in this area

    25 Total Sales

    Victor Ambriz Jr
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14127074

California Regional Multiple Listing Service (CRMLS)

APN: 6210-023-031

California Los Angeles County South Gate 90280

8938 Victoria Ave, South Gate, CA

This home is located at 8938 Victoria Ave, South Gate, CA 90280 since 13 June 2014 and is currently estimated at $1,134,760, approximately $388 per square foot. This property was built in 1921. 8938 Victoria Ave is a home located in Los Angeles County with nearby schools including Independence Elementary School, South Gate Middle School, and Southeast Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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