NOT LISTED FOR SALE

8971 Kauffman Ave South Gate, CA 90280

Estimated Value: $923,000 - $1,017,000

5 Beds
4 Baths
2,061 Sq Ft
$472/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $735,000 $357 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,160/month

54 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Two Homes on a Lot
  • Legacy High School Complex Rated A-
  • No HOA
  • Living Room

About This Home

As of September 2020

These centrally located units are ready for their new owner. Close to schools and shopping centers, easy commute to work with close freeway access. Within walking distance from South Gate Park and Azalea Shopping Center. This is truly an investor’s delight. Front unit features 3 bedrooms and 2 bathroom with it’s own 2-Car garage with a workroom, and there is a separate structure with 2 units, one bedroom and one bathroom each. Each unit has its own meter. Perfect to live in the front unit and rent the duplex on the back or simply generate income from all three units. Park your vehicles inside the attached garage, or the long, comfortable driveway.
Please come see it for yourself, this is a great opportunity in one of the best areas of South Gate.

Last Agent to Sell the Property

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 06/24/2020

Century 21 Allstars

Last Buyer's Agent

Richard Estrada

Century 21 Allstars License #01191095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,383

Year Built

  • Built in 1947

Lot Details

  • 7,671 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Garden
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • RV Access or Parking

Home Design

  • Triplex

Interior Spaces

  • 2,061 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 461
  • Tax Tract Number 6666
  • Assessor Parcel Number 6216019019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,383

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: SGR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6216019019
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 356.62
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Paved, Garage, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped
  • Lot Size Sq Ft: 7671.00
  • Lot Size Acres: 0.1761

Multi Family

  • Lot Size Area: 7671.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5360.00
  • Tax Lot: 461
  • Tax Tract Number: 6666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Zuloaga Andy A
Bought by
Andy A Zuloaga Trust
Current Estimated Value
$973,545

Purchase Details

Listed on
Jun 24, 2020
Closed on
Sep 10, 2020
Sold by
Saldivar Ernestina and Vera Altagracia
Bought by
Zuloaga Andy A
Seller's Agent
Luther Sanchez
Century 21 Allstars
Buyer's Agent
Richard Estrada
Century 21 Allstars
List Price
$728,000
Sold Price
$735,000
Premium/Discount to List
$7,000
0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$551,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2012
Sold by
Ramirez Teresa V and Ramirez Teresa
Bought by
Ramirez Teresa V and Teresa V Ramirez Trust Of 2011

Purchase Details

Closed on
Apr 20, 2005
Sold by
Ramirez Teresa and Salivar Ernestina
Bought by
Saldivar Ernestina and Ramirez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.42%
Mortgage Type
New Conventional
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
Andy A Zuloaga Trust -- --
Zuloaga Andy A $735,000 Fidelity National Title Co
Ramirez Teresa V -- None Available
Saldivar Ernestina -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zuloaga Andy A $551,250
Previous Owner Saldivar Ernestina $100,000
Previous Owner Saldivar Ernestina $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $735,000 +1.0% $357 / Sq Ft
08/19/2020 08/19/20 For Sale $728,000 -1.0% $353 / Sq Ft
08/18/2020 08/18/20 Off Market $735,000 -- --
06/24/2020 06/24/20 For Sale $728,000 -- $353 / 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 $10,383 $795,586 $514,154 $281,432
2024 $10,383 $779,987 $504,073 $275,914
2023 $10,085 $764,694 $494,190 $270,504
2022 $9,605 $749,700 $484,500 $265,200
2021 $9,494 $735,000 $475,000 $260,000
2020 $4,595 $314,202 $147,112 $167,090
2019 $4,429 $308,042 $144,228 $163,814
2018 $4,243 $302,002 $141,400 $160,602
2016 $4,041 $290,276 $135,910 $154,366
2015 $3,976 $285,917 $133,869 $152,048
2014 $3,985 $280,317 $131,247 $149,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20117538

California Regional Multiple Listing Service (CRMLS)

APN: 6216-019-019