NOT LISTED FOR SALE

8943 Annetta Ave Unit A & B South Gate, CA 90280

Estimated Value: $838,000 - $1,065,720

5 Beds
4 Baths
2,394 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $866,000 $362 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,387/month

34 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Legacy High School Complex Rated A-
  • 4 Car Attached Garage
  • 1-Story Property

About This Home

As of November 2022

Great opportunity to own an investment property in the city of South Gate. 2 houses on one lot. The front unit is a 2 bedroom 1 bathroom with laundry hookups and an attached 2 car garage. The back unit was built in 1996. This 2 story approximately 1,640 square feet and consists of 3 bedrooms and 3 bathrooms and also has a 2 car attached garage. Live in one and rent the other or rent both.

Last Listed By

Carla Garcia

ESPINOZA REALTY License #01795185 Listed on: 05/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,362

Year Built

  • Built in 1939

Lot Details

  • 7,658 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,394 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 525
  • Tax Tract Number 6666
  • Assessor Parcel Number 6216016020
  • $840 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,362

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: SGR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6216016020
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2394.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 361.74
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7658.00
  • Lot Size Acres: 0.1758

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7658.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5360.00
  • Tax Lot: 525
  • Tax Tract Number: 6666
  • TaxOtherAnnualAssessmentAmount: 840.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Nov 18, 2022
Sold by
Loredo Fernando
Bought by
Loredo Claudia and Loredo Karla
Seller's Agent
Carla Garcia
ESPINOZA REALTY
Buyer's Agent
Alex Abboud
RE/MAX Connections
List Price
$825,000
Sold Price
$866,000
Premium/Discount to List
$41,000
4.97%
Total Days on Market
34
Views
9
Current Estimated Value
$976,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,430
Avg. Annual Appreciation
4.58%
Original Mortgage
$839,513
Outstanding Balance
$820,073
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$147,656

Purchase Details

Closed on
Apr 18, 2020
Sold by
Sifuentes Ofelia
Bought by
Sifuentes Ofelia and Sifuentes Ofelia Revocable

Purchase Details

Closed on
Jul 11, 2005
Sold by
Loredo Fernando and Sifuentes Ofelia
Bought by
Loredo Fernando and Sifuentes Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 2, 2003
Sold by
Sifuentes Jose G and Garcia Maria G
Bought by
Loredo Fernando and Sifuentes Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
5.78%

Purchase Details

Closed on
Aug 16, 1996
Sold by
Higuera Baldomero and Higuera Delfina
Bought by
Loredo Fernando and Sifuentes Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
8.18%

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
Loredo Claudia $866,000 Orange Coast Title
Sifuentes Ofelia -- None Available
Loredo Fernando -- North American Title Co
Loredo Fernando -- Act
Loredo Fernando $265,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loredo Claudia $839,513
Previous Owner Loredo Fernando $70,000
Previous Owner Loredo Fernando $320,000
Previous Owner Loredo Fernando $274,000
Previous Owner Loredo Fernando $25,000
Previous Owner Loredo Fernando $251,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $866,000 +5.0% $362 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $825,000 -- $345 / 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 $11,362 $883,320 $612,000 $271,320
2023 $11,164 $866,000 $600,000 $266,000
2022 $5,397 $394,400 $156,475 $237,925
2021 $5,327 $386,667 $153,407 $233,260
2020 $5,365 $382,703 $151,834 $230,869
2019 $5,165 $375,200 $148,857 $226,343
2018 $4,985 $367,844 $145,939 $221,905
2016 $4,752 $353,562 $140,273 $213,289
2015 $4,678 $348,252 $138,166 $210,086
2014 $4,683 $341,431 $135,460 $205,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22111248

California Regional Multiple Listing Service (CRMLS)

APN: 6216-016-020