Seller's Agent in 2021
Aida Pinto
United Associated Brokers
(562) 861-9739
1 in this area
3 Total Sales
8972 Virginia Ave South Gate, CA 90280
Estimated Value: $889,000 - $1,018,000
3
Beds
2
Baths
2,584
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Dual Staircase
- Living Room
- Legacy High School Complex Rated A-
- No HOA
- Laundry Room
About This Home
As of May 2021Fantastic opportunity for first time investor who can appreciate a great value! There are Two (2) separate houses on one lot! Live in one and rent the other out or rent out both! It's like buying one 3 bedroom/2 bath house for $390,000--you can't find a (similar) 3 bedroom home in this area for under $500,000, this is a great buy.
Each house has 3 bedrooms, 2 baths (1 3/4 bath), open and spacious kitchen. Front house is one level and has about 1,204 square feet.; back house is two levels, and 1,380 sq. ft. (square footage (sq. ft) is taken from Assessors records.) Lot size according to the assessors is: 40' X 174' (6,999 square feet). There are total of 3 garages: the front house has (attached) one car garage and back house has 2 attached garages (1 car (where the washer and dryer are currently hooked up; and a 2 car garage. There is plenty of parking between houses and on the long drive way. There is also plenty of on-street parking. **FYI: Property is being sold As-Is and buyer to do their own "due diligence" to satisfy themselves as to the condition of property.
**There is a South Gate presale inspection report, and buyer must assume responsibility for correcting items (buyer to sign city waiver before close of escrow), please email me and I will send you the report.**
**Front (owner's) unit only will be vacant at the close of escrow.**
**To view this property, make an offer "subject to interior inspection!"**
**Buyers should do their own due diligence to satisfy themselves as to the condition and square footage.**
Last Agent to Sell the Property
United Associated Brokers License #00972295 Listed on: 03/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,513
Year Built
- Built in 1928
Lot Details
- 6,999 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- 5 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Duplex
Interior Spaces
- 2,584 Sq Ft Home
- 1-Story Property
- Dual Staircase
- Living Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer Hookup
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 52
- Tax Tract Number 3477
- Assessor Parcel Number 6210019038
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,250
- Trash Expense $300
- Water Sewer Expense $1,800
- New Taxes Expense $9,375
- Operating Expense $13,625
- Gross Income $31,200
- Net Operating Income $24,388
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2021
Closed on
Apr 12, 2021
Sold by
Mojarro Edelmira
Bought by
Fredericks Howard
Seller's Agent
Aida Pinto
United Associated Brokers
Buyer's Agent
Wendy Tejeda
Century 21 Allstars
List Price
$750,000
Sold Price
$770,000
Premium/Discount to List
$20,000
2.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,527
Avg. Annual Appreciation
4.81%
Original Mortgage
$756,053
Outstanding Balance
$686,627
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$254,462
Purchase Details
Closed on
May 22, 2014
Sold by
Ayala Wilbert
Bought by
Mojarro Edelmira
Purchase Details
Closed on
Mar 18, 2011
Sold by
Santillanes Lydia Annette
Bought by
Mojarro Edelmira and Ayala Wilbert
Purchase Details
Closed on
Mar 28, 2005
Sold by
Santillanes Maria A
Bought by
Ayala Wilbert and Santillanes Lydia Annette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2005
Sold by
Mojarro Adelmira
Bought by
Ayala Wilbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fredericks Howard | $770,000 | Stewart Title Of Ca Inc | |
| Mojarro Edelmira | -- | None Available | |
| Mojarro Edelmira | -- | None Available | |
| Ayala Wilbert | $310,000 | Fidelity National Title Co | |
| Ayala Wilbert | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fredericks Kenneth Howard | $24,744 | |
| Closed | Fredericks Kenneth Howard | $28,645 | |
| Open | Fredericks Kenneth Howard | $53,741 | |
| Open | Fredericks Howard | $756,053 | |
| Previous Owner | Ayala Wilbert | $110,000 | |
| Previous Owner | Ayala Wilbert | $232,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2021 05/21/21 | Sold | $770,000 | -1.3% | $298 / Sq Ft |
| 05/18/2021 05/18/21 | Price Changed | $780,000 | +4.0% | $302 / Sq Ft |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 03/19/2021 03/19/21 | For Sale | $750,000 | -- | $290 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,513 | $833,471 | $378,850 | $454,621 |
| 2024 | $10,513 | $817,129 | $371,422 | $445,707 |
| 2023 | $10,330 | $801,108 | $364,140 | $436,968 |
| 2022 | $9,828 | $785,400 | $357,000 | $428,400 |
| 2021 | $6,767 | $516,285 | $266,408 | $249,877 |
| 2020 | $6,818 | $510,992 | $263,677 | $247,315 |
| 2019 | $6,554 | $500,973 | $258,507 | $242,466 |
| 2018 | $6,393 | $491,151 | $253,439 | $237,712 |
| 2016 | $6,098 | $472,081 | $243,599 | $228,482 |
| 2015 | $6,002 | $464,990 | $239,940 | $225,050 |
| 2014 | $6,004 | $455,882 | $235,240 | $220,642 |
Source: Public Records
Agents Affiliated with this Home
-
Aida Pinto
-
Wendy Tejeda
Buyer's Agent in 2021
Wendy Tejeda
Century 21 Allstars
(323) 383-3299
6 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS21058399
APN: 6210-019-038
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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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