NOT LISTED FOR SALE

8972 San Luis Ave South Gate, CA 90280

Estimated Value: $799,835 - $1,007,000

4 Beds
2 Baths
1,887 Sq Ft
$460/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $740,000 $392 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,186/month

9 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Back and Front Yard
  • Legacy High School Complex Rated A-

About This Home

As of September 2021

2 separate dwellings both 2 bedrooms 1 bath each. Newer counter tops on both kitchens. Newer floors through out. This is a magnificent opportunity for 2 familys to buy together and have the same 2 bedrooms 1 bath each. Back dwelling has a 1 car garage attached, and the front home has 2 carports. Nice size yard and much more. Great location, close to schools, park and shopping centers.

Last Agent to Sell the Property

George Saucedo

Re/Max Partners License #01071475 Listed on: 08/18/2021

Re/Max Partners

Last Buyer's Agent

Ludy Merida

Century 21 LOTUS License #01997187

Century 21 LOTUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1940

Lot Details

  • 6,011 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Home Design

  • 1,887 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 124
  • Tax Tract Number 3722
  • Assessor Parcel Number 6210007040
  • $710 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,734

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6210007040
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 392.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 6011.00
  • Lot Size Acres: 0.1380
  • Latitude Manual: 33.95151300

Multi Family

  • Average2 Bed Area: 944 Square Feet
  • Lot Size Area: 6011.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5357.02
  • Tax Lot: 124
  • Tax Tract Number: 3722
  • TaxOtherAnnualAssessmentAmount: 710.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2006
Sold by
Macias Jaime S and Macias Ricardo
Bought by
Macias Jamie S and Macias Martha
Current Estimated Value
$867,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Outstanding Balance
$263,969
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$603,490

Purchase Details

Closed on
Apr 6, 2005
Sold by
Macias Jaime S and Macias Ricardo
Bought by
Macias Jaime S and Macias Martha

Purchase Details

Closed on
Oct 13, 2004
Sold by
Macias Martha
Bought by
Macias Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Macias Ricardo and Macias Jaime
Bought by
Macias Jaime S and Macias Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Macias Martha
Bought by
Macias Jaime

Purchase Details

Closed on
Jun 29, 2003
Sold by
Macias Ricardo and Macias Jaime
Bought by
Macias Ricardo and Macias Jaime

Purchase Details

Closed on
Sep 29, 2000
Sold by
Gomez Juan and Gomez Maria
Bought by
Delamora Abel and Delamora Audelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.86%
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
Macias Jamie S -- Fidelity National Title Co
Macias Jaime S -- --
Macias Jaime -- Security Union Title
Macias Jaime S -- Security Union Title
Macias Jaime -- Stewart Title
Macias Ricardo -- --
Delamora Abel -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Jamie S $446,000
Closed Macias Jaime S $338,000
Previous Owner Delamora Abel $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $740,000 +9.5% $392 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $675,777 -- $358 / 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 $7,734 $600,282 $318,774 $281,508
2024 $7,734 $588,513 $312,524 $275,989
2023 $7,600 $576,975 $306,397 $270,578
2022 $7,236 $565,663 $300,390 $265,273
2021 $7,150 $554,572 $294,500 $260,072
2020 $7,206 $548,887 $291,481 $257,406
2019 $6,924 $538,125 $285,766 $252,359
2018 $6,769 $527,574 $280,163 $247,411
2016 $6,468 $507,089 $269,285 $237,804
2015 $6,365 $499,473 $265,241 $234,232
2014 $6,366 $489,690 $260,046 $229,644
Source: Public Records

Agents Affiliated with this Home

  • George Saucedo

    Seller's Agent in 2021

    George Saucedo

    RE/MAX

    (562) 577-7314

    3 in this area

    48 Total Sales

    George Saucedo
    Section Image
  • Ludy Merida

    Buyer's Agent in 2021

    Ludy Merida

    Century 21 LOTUS

    (562) 228-8605

    1 in this area

    22 Total Sales

    Ludy Merida
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21182680

California Regional Multiple Listing Service (CRMLS)

APN: 6210-007-040

California Los Angeles County South Gate 90280

8972 San Luis Ave, South Gate, CA

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