NOT LISTED FOR SALE

8951 State St South Gate, CA 90280

Estimated Value: $958,016

5 Beds
3 Baths
2,444 Sq Ft
$392/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $670,000 $274 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,814/month

75 Days on Market

Highlights

  • Property is near a park
  • Front Yard
  • 2-minute walk to State Street Park
  • Legacy High School Complex Rated A-

About This Home

As of September 2019

LOCATION LOCATION LOCATION!!! This DUPLEX is exactly what you have been looking for. Recently renovated. All new electrical, new ceiling fans, all new remodeled baths, Reinforced foundation, new exterior paint, newwer interior paint, newwer floors, state of the art security camera system. This opportunity is TOO GOOD to be missed. Front unit is extremly large and accomidate two families. Front unit is a total of 4 bedrooms and 2 bath. Rear Unit is a spacious 1 bedroom and 1 bath. 2 car garage and a storage area. Close to public transportation, shopping and schools this property will not last.

Last Agent to Sell the Property

Roberto Turcios

Re/Max Top Producers License #01873364 Listed on: 04/16/2019

Re/Max Top Producers

Last Buyer's Agent

Cesar Cendejas

Realty Masters & Associates Inc License #01970462

Realty Masters & Associates Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,603

Year Built

  • Built in 1920

Lot Details

  • 6,320 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,444 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 194
  • Tax Tract Number 3477
  • Assessor Parcel Number 6204003011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Water Sewer Expense $225
  • Operating Expense $225
  • Gross Income $5,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,603

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 225.00
  • Zoning: SGCR*
  • Property Type: Residential Income
  • Parcel Number: 6204003011
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 274.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Park Nearby
  • Lot Size Sq Ft: 6320.00
  • Lot Size Acres: 0.1451

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 5500.00
  • Gross Scheduled Income: 5500.00
  • Lot Size Area: 6320.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 225.00

Tax Info

  • Tax Census Tract: 5355.03
  • Tax Lot: 194
  • Tax Tract Number: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2019
Sold by
Jimenez Maria Elena
Bought by
Mercado Christian and Cernas Yolie
Current Estimated Value
$958,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,864
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 22, 2017
Closed on
Oct 4, 2017
Sold by
Felix Vadilla Ruth
Bought by
Jimenez Maria Elena
Seller's Agent
Michael Jefferson
Compass
Buyer's Agent
Roberto Turcios
Re/Max Top Producers
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$376,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2002
Sold by
Sanders Virginia
Bought by
Sanders Virginia and The Virginia Sanders Revocable Living Tr
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
Mercado Christian $670,000 Fidelity National Title Co
Jimenez Maria Elena $515,000 Equity Title Los Angeles
Sanders Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Christian $657,864
Previous Owner Jimenez Maria Elena $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $670,000 -1.5% $274 / Sq Ft
08/30/2019 08/30/19 Price Changed $680,000 +4.6% $278 / Sq Ft
08/05/2019 08/05/19 For Sale $649,999 0.0% $266 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $649,999 +26.2% $266 / Sq Ft
11/27/2017 11/27/17 Sold $515,000 +3.2% $211 / Sq Ft View Prior Sale
09/22/2017 09/22/17 For Sale $499,000 -- $204 / 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 $9,603 $732,737 $546,820 $185,917
2024 $9,603 $718,371 $536,099 $182,272
2023 $9,438 $704,287 $525,588 $178,699
2022 $8,991 $690,479 $515,283 $175,196
2021 $8,882 $676,941 $505,180 $171,761
2019 $7,081 $525,300 $275,400 $249,900
2018 $1,425 $47,346 $20,873 $26,473
2017 $1,314 $46,418 $20,464 $25,954
2016 $1,251 $45,509 $20,063 $25,446
2015 $1,231 $44,826 $19,762 $25,064
2014 $1,228 $43,949 $19,375 $24,574
Source: Public Records

Agents Affiliated with this Home

  • Roberto Turcios

    Seller's Agent in 2019

    Roberto Turcios

    RE/MAX

    (562) 746-5031

    1 in this area

    26 Total Sales

    Roberto Turcios
    Section Image

  • C

    Buyer's Agent in 2019

    Cesar Cendejas

    Realty Masters & Associates Inc

    Section Image

  • M

    Seller's Agent in 2017

    Michael Jefferson

    Compass

    (310) 990-2773

    4 Total Sales

    Michael Jefferson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19086111

California Regional Multiple Listing Service (CRMLS)

APN: 6204-003-011

California Los Angeles County South Gate 90280

8951 State St, South Gate, CA

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