NOT LISTED FOR SALE

8963 Dearborn Ave South Gate, CA 90280

South Gate Area

Estimated Value: $801,000 - $935,000

6 Beds
3 Baths
2,286 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2017

Last sale price $555,000 $243 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,365 / mo

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Converted Garage
  • Wood Flooring
  • No HOA
  • 2-minute walk to State Street Park

About This Home

As of May 2017

Rare Duplex Home with 3 bedrooms in each home, priced to sell!!!

Well maintained Properties that have been updated in the past few years. Front home is a single story w/ 3 beds, 1 bath with a covered back patio. Back home was built in 1995 it is two stories w/ 3 beds, 2 baths, all bedrooms upstairs with a one attached garage. Duplex homes have a total of 4 garages, plus drive-way parking, separate gas and electric meters and recently installed water heaters. Walking distance to Elementary and High Schools, Near Shopping Centers. This duplex gem is Located in a quiet and desirable neighborhood. Perfect residential income property with NO rent control, or the perfect place to reside, you will NOT be disappointed!

Last Agent to Sell the Property

Veronica Ivy

HomeSmart, Evergreen Realty License #01968676 Listed on: 03/04/2017

Last Buyer's Agent

Gustavo Arias

First Team Real Estate License #01889399

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 5,993 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Front Yard

Parking

  • 4 Car Garage
  • Converted Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Unassigned Parking

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,286 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Storage

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 166
  • Tax Tract Number 3477
  • Assessor Parcel Number 6210026009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $938
  • Trash Expense $408
  • Water Sewer Expense $2,595
  • New Taxes Expense $4,915
  • Operating Expense $8,856
  • Net Operating Income $10,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled

Lot Details

5,993 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2595.00
  • Zoning: SGR3YY
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6210026009
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Concrete, Laminate, Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Levels: Two
  • Price Per Square Foot: 242.78
  • Room Type: All Bedrooms Down, All Bedrooms Up, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned, Converted Garage, Driveway, Concrete, Garage, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 408.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 5993.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 37920.00
  • Insurance Expense: 938.00
  • Net Operating Income: 10420.00
  • 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
  • Operating Expense: 27500.00
  • Rent Control: No
  • Total Actual Rent: 3160.00
  • Total Expenses: 8856.00

Tax Info

  • New Taxes Expense: 4915.00
  • Tax Census Tract: 5357.02
  • Tax Lot: 166
  • Tax Tract Number: 3477

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Bought by
Current Estimated Value
$854,163

Purchase Details

Listed on
Mar 4, 2017
Closed on
Apr 3, 2017
Sold by
Bought by
Seller's Agent
Veronica Ivy
HomeSmart, Evergreen Realty
Buyer's Agent
Gustavo Arias
First Team Real Estate
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$416,250
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
0.0721%

Purchase Details

Closed on
Feb 1, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$555,000 First American Title Company
-- None Available
-- American Title Co
$265,000 Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $406,000
Previous Owner $416,250
Previous Owner $240,950
Previous Owner $264,000
Previous Owner $259,000
Previous Owner $207,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/02/2017 05/02/17 Sold $555,000 +0.9% $243 / Sq Ft
03/04/2017 03/04/17 For Sale $550,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,528 $644,119 $208,902 $435,217
2024 $8,275 $631,490 $204,806 $426,684
2023 $8,132 $619,109 $200,791 $418,318
2022 $7,742 $606,970 $196,854 $410,116
2021 $7,648 $595,070 $192,995 $402,075
2020 $7,708 $588,970 $191,017 $397,953
2019 $7,405 $577,422 $187,272 $390,150
2018 $7,248 $566,100 $183,600 $382,500
2016 $4,954 $375,992 $195,802 $180,190
2015 $4,876 $370,345 $192,861 $177,484
2014 $4,879 $363,092 $189,084 $174,008
Source: Public Records

Agents Affiliated with this Home

  • Veronica Ivy

    Seller's Agent in 2017

    Veronica Ivy

    HomeSmart, Evergreen Realty

    (949) 315-0818

    47 Total Sales

    Veronica Ivy
    Section Image
  • Gustavo Arias

    Buyer's Agent in 2017

    Gustavo Arias

    First Team Real Estate

    (323) 819-0035

    26 Total Sales

    Gustavo Arias
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17051325

California Regional Multiple Listing Service (CRMLS)

APN: 6210-026-009

California Los Angeles County South Gate 90280

8963 Dearborn Ave, South Gate, CA

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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