NOT LISTED FOR SALE

8942 Elizabeth Ave Unit C South Gate, CA 90280

Estimated Value: $895,000 - $1,030,858

4 Beds
4 Baths
2,244 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $607,000 $270 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,799/month

64 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • 1-Story Property
  • Legacy High School Complex Rated A-
  • 4 Car Garage

About This Home

As of November 2016

4 unit building on a large lot with 4 garages. Great investment opportunity. Large lot may allow for expansion of a owners unit. Buyer to verify. Each unit is 1 bedroom, 1 bath. Concrete driveway leads to 4 separate garages in rear. Fenced yard. Concrete sidewalk. Close to area shopping, schools & transportation. Drive by only. Do not disturb occupants!

Last Agent to Sell the Property

Jonathon Harp

Home Base Realty Inc License #00583153 Listed on: 08/09/2016

Home Base Realty Inc

Last Buyer's Agent

Jerry Morales

eXp Realty of California Inc License #01942052

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,316

Year Built

  • Built in 1948

Lot Details

  • 9,944 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Raised Foundation

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Gross Income $42,684
  • Net Operating Income $40,284

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 85
  • Tax Tract Number 3477
  • Assessor Parcel Number 6210020035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,316

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Jonathan Harp
  • Other Phone Number: 5625692752
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6210020035
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: One
  • Price Per Square Foot: 270.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: No
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9944.00
  • Price Per Lot Square Foot: 62.85

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 42684.00
  • Gross Scheduled Income: 42684.00
  • Net Operating Income: 40284.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Actual Rent: 3557.00

Tax Info

  • Tax Lot: 85
  • Tax Tract Number: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 6, 2016
Sold by
Mishrekar Pramod
Bought by
Conchas Juan and Conchas Denise
Seller's Agent
Jonathon Harp
Home Base Realty Inc
Buyer's Agent
Jerry Morales
eXp Realty of California Inc
List Price
$625,000
Sold Price
$607,000
Premium/Discount to List
-$18,000
-2.88%
Current Estimated Value
$950,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,215
Avg. Annual Appreciation
5.12%
Original Mortgage
$424,900
Outstanding Balance
$340,853
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$609,362

Purchase Details

Closed on
Sep 23, 2003
Sold by
Serra Johnny and Serra Claudia M
Bought by
Mishrekar Pramod

Purchase Details

Closed on
Apr 25, 2003
Sold by
Serra Claudia M
Bought by
Serra Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
5.72%

Purchase Details

Closed on
Mar 17, 1997
Sold by
Acu Vannesa
Bought by
Serra Claudia M

Purchase Details

Closed on
Jul 23, 1995
Sold by
Serra Claudia M
Bought by
Acu Vannesa

Purchase Details

Closed on
Sep 14, 1994
Sold by
Serra Johnny and Serra Claudia M
Bought by
Serra Claudia M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Conchas Juan $607,000 Orange Coast Title Co Socal
Mishrekar Pramod $375,000 Fidelity National Title Ins
Serra Johnny -- Chicago Title Co
Serra Claudia M -- --
Acu Vannesa -- --
Serra Claudia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conchas Juan $424,900
Previous Owner Serra Johnny $147,500
Closed Mishrekar Pramod $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $607,000 -2.9% $270 / Sq Ft
08/09/2016 08/09/16 For Sale $625,000 -- $279 / 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 $9,316 $704,468 $406,201 $298,267
2024 $9,316 $690,656 $398,237 $292,419
2023 $9,157 $677,115 $390,429 $286,686
2022 $8,728 $663,839 $382,774 $281,065
2021 $8,624 $650,823 $375,269 $275,554
2019 $8,354 $631,522 $364,140 $267,382
2018 $8,202 $619,140 $357,000 $262,140
2016 $6,145 $450,383 $240,203 $210,180
2015 $6,047 $443,618 $236,595 $207,023
2014 $5,048 $350,000 $186,700 $163,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jonathon Harp

    Home Base Realty Inc

    (562) 860-2443

    5 Total Sales

    Jonathon Harp
    Section Image
  • Jerry Morales

    Buyer's Agent in 2016

    Jerry Morales

    eXp Realty of California Inc

    (310) 292-2590

    1 in this area

    28 Total Sales

    Jerry Morales
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16174553

California Regional Multiple Listing Service (CRMLS)

APN: 6210-020-035

California Los Angeles County South Gate 90280

8942 Elizabeth Ave Unit C, South Gate, CA

This home is located at 8942 Elizabeth Ave Unit C, South Gate, CA 90280 since 09 August 2016 and is currently estimated at $950,215, approximately $423 per square foot. This property was built in 1948. 8942 Elizabeth Ave Unit C 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

Nearby Homes