NOT LISTED FOR SALE

8951 San Luis Ave South Gate, CA 90280

Estimated Value: $879,000 - $992,000

6 Beds
3 Baths
2,600 Sq Ft
$357/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $800,000 $308 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,756/month

136 Days on Market

Highlights

  • No HOA
  • Park
  • 1-Story Property
  • Legacy High School Complex Rated A-
  • Laundry Room

About This Home

As of April 2022

Beautiful front residence #A 3 bedrooms and rear #B unit 2 story WITH ONE CAR ATTACHED GARAGE Totally remodeled new kitchen, floors, bathrooms 3 bedrooms 2 baths, EXTRA DETACHED 3 car garage with long driveway built in 1993, ideal for big family, plus income, the best duplex in the most desirable area of South Gate, just bring paint and brush, Zoning South Gate R3

Last Agent to Sell the Property

Melba Conde

Vylla Home, Inc. License #00795595 Listed on: 08/29/2021

Last Buyer's Agent

Cristina Corea

Stonewood Realty Group Inc. License #01871833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,677

Year Built

  • Built in 1929

Lot Details

  • 5,993 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 131
  • Tax Tract Number 3722
  • Assessor Parcel Number 6210008015
  • $607 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $60,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,677

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6210008015
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 307.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5993.00
  • Lot Size Acres: 0.1376

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 5993.0000 Square Feet
  • Net Operating Income: 60000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • Tax Census Tract: 5357.02
  • Tax Lot: 131
  • Tax Tract Number: 3722
  • TaxOtherAnnualAssessmentAmount: 607.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Isabel Cristina Ayala Living Trust
Bought by
Sifontes William Osmin Aleman and Delzaldivar Roxana Del
Current Estimated Value
$927,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,510
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2017
Sold by
Ayala Isabel Cristina
Bought by
Ayala Isabel Cristina and The Isabel Cristina Ayala Living Trust

Purchase Details

Closed on
Feb 24, 2005
Sold by
Cortes Miguel Angel Rios
Bought by
Ayala Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Ayala Isabel
Bought by
Cortes Miguel Angel Rios

Purchase Details

Closed on
Nov 12, 2002
Sold by
Tapia Gerardo
Bought by
Ayala Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.5%

Purchase Details

Closed on
Mar 10, 1994
Sold by
Chavez Daniel and Chavez Josefina
Bought by
Tapia Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,225
Interest Rate
4.25%
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
Sifontes William Osmin Aleman $800,000 Ticor Title
Ayala Isabel Cristina -- None Available
Ayala Isabel -- Gateway Title Company
Cortes Miguel Angel Rios -- --
Ayala Isabel $280,000 Investors Title Company
Tapia Gerardo -- Investors Title Company
Tapia Gerardo $275,000 Stewart Title
Ahumada Trinidad -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sifontes William Osmin Aleman $785,510
Previous Owner Ayala Isabel $297,000
Previous Owner Ayala Isabel $224,000
Previous Owner Tapia Gerardo $247,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $800,000 +0.1% $308 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
11/25/2021 11/25/21 Price Changed $799,000 -3.2% $307 / Sq Ft
11/14/2021 11/14/21 Price Changed $825,000 +1.2% $317 / Sq Ft
10/25/2021 10/25/21 Price Changed $815,000 -1.2% $313 / Sq Ft
09/20/2021 09/20/21 Price Changed $825,000 -2.8% $317 / Sq Ft
08/29/2021 08/29/21 For Sale $849,000 -- $327 / 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 $10,677 $848,966 $530,604 $318,362
2024 $10,677 $832,320 $520,200 $312,120
2023 $10,490 $816,000 $510,000 $306,000
2022 $5,912 $453,147 $269,262 $183,885
2021 $5,834 $444,263 $263,983 $180,280
2019 $5,504 $431,088 $256,154 $174,934
2018 $5,145 $405,000 $241,000 $164,000
2016 $4,539 $357,000 $212,000 $145,000
2015 $4,119 $322,000 $191,000 $131,000
2014 $4,194 $322,000 $191,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Melba Conde

    Seller's Agent in 2022

    Melba Conde

    Vylla Home, Inc.

    (562) 688-6902

    1 in this area

    22 Total Sales

    Melba Conde
    Section Image
  • Cristina Corea

    Buyer's Agent in 2022

    Cristina Corea

    Stonewood Realty Group Inc.

    (562) 242-2900

    3 in this area

    63 Total Sales

    Cristina Corea
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21191110

California Regional Multiple Listing Service (CRMLS)

APN: 6210-008-015

California Los Angeles County South Gate 90280

8951 San Luis Ave, South Gate, CA

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