NOT LISTED FOR SALE

8977 Kauffman Ave South Gate, CA 90280

Estimated Value: $904,000 - $1,180,000

6 Beds
3 Baths
2,692 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $580,000 $215 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,431/month

45 Days on Market

Highlights

  • Gated Parking
  • Granite Countertops
  • Walk-In Closet
  • Legacy High School Complex Rated A-
  • Balcony
  • Laundry Room

About This Home

As of December 2014

Amazing 2 Unit Property. Great Live in One rent the other. Front unit 3 bed 1.5 bath, with 2 car garage. Rear Unit "New construction" New ROOF/ 3 bed, 2.5 bath with an extra room to be entertainment or office on second floor. Both units with family room, dinning room. Rear unit with hardwood floors on first level and granite counters in kitchen. Rear unit comes with new Central Heat and Air system. Each units has its seperate 2 car garage and large lot to park additional cars. Property is located on the same street as the "ASPIRE Firestone Academy" and 1 block away from new South Gate shopping center located on Firestone and Atlantic . IN-N-Out Burger, Chipotle, Panda Inn, and more restaurants. Also shopping mall with Ross, Michaels and others brand new stores.

Last Agent to Sell the Property

Carlos J Martinez

MARCAR RE Brokers Corp. License #01912497 Listed on: 09/15/2014

Last Buyer's Agent

Gloria Campa

Century 21 Allstars License #01277632

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1940

Lot Details

  • 7,669 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Gated Parking

Home Design

  • 2,692 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Granite Countertops
  • Laundry Room
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 463
  • Tax Tract Number 6666
  • Assessor Parcel Number 6216019020

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $3,500
  • Trash Expense $350
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,732
  • Operating Expense $12,382
  • Gross Income $3,600
  • Net Operating Income $30,818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,732

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 2137002125
  • Other Phone Number: 2137002125
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 6216019020
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 215.45
  • Room Type: Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Trash Expense: 350.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7669.00
  • Lot Size Acres: 0.1760

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 7669.0000 Square Feet
  • Net Operating Income: 30818.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12382.00
  • Rent Control: No
  • Total Actual Rent: 3300.00
  • Total Expenses: 12382.00

Tax Info

  • New Taxes Expense: 5732.00
  • Tax Lot: 463
  • Tax Tract Number: 6666
  • Tax Annual Amount: 5732.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 11, 2014
Sold by
Parrilla Rene and Parrilla Nancy
Bought by
Gomez Rubio Ulises C and Gomez Oscar Ulises
Seller's Agent
Carlos J Martinez
MARCAR RE Brokers Corp.
Buyer's Agent
Gloria Campa
Century 21 Allstars
List Price
$592,240
Sold Price
$580,000
Premium/Discount to List
-$12,240
-2.07%
Current Estimated Value
$1,033,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,295
Avg. Annual Appreciation
5.51%
Original Mortgage
$500,762
Outstanding Balance
$386,358
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$641,595

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 31, 2014
Sold by
Parrilla Jeanette Laura
Bought by
Parrilla Rene
Seller's Agent
Carlos J Martinez
MARCAR RE Brokers Corp.
Buyer's Agent
Gloria Campa
Century 21 Allstars
List Price
$592,240
Sold Price
$580,000
Premium/Discount to List
-$12,240
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Outstanding Balance
$386,358
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$641,595

Purchase Details

Closed on
Feb 10, 2014
Sold by
Parrilla Rene and Parrilla Juan M
Bought by
Parrilla Rene and Parrilla Ray

Purchase Details

Closed on
Dec 7, 2007
Sold by
Parrilla Rene and Parrilla Juan M
Bought by
Parrilla Rene and Parrilla Juan M

Purchase Details

Closed on
Jan 23, 2006
Sold by
Parrilla Juan M
Bought by
Parrilla Rene and Parrilla Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2006
Sold by
Parrilla Rene
Bought by
Parrilla Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Parrilla Rene
Bought by
Parrilla Rene and Parrilla Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
6.06%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 21, 2003
Sold by
Parrilla Juan M
Bought by
Parrilla Rene

Purchase Details

Closed on
Jan 3, 1996
Sold by
Sanchez Antonio and Sanchez Rocio
Bought by
Parrilla Juan M and Parrilla Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,606
Interest Rate
7.25%
Mortgage Type
FHA
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
Gomez Rubio Ulises C $592,500 Usa National Title Company
Parrilla Gerardo -- Usa National Title Co Inc
Parrilla Rene -- Usa National Title Co Inc
Parrilla Rene -- None Available
Parrilla Rene -- Accommodation
Parrilla Rene -- Ticor Title Co Of California
Parrilla Juan M -- Ticor Title Co Of California
Parrilla Rene -- Chicago Title Co
Parrilla Rene -- --
Parrilla Juan M $160,000 Old Republic Title Company
Sanchez Antonio -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Rubio Ulises C $500,762
Closed Gomez Rubio Ulises C $500,762
Previous Owner Parrilla Juan M $336,000
Previous Owner Parrilla Juan M $236,250
Previous Owner Parrilla Rene $209,600
Previous Owner Parrilla Juan M $156,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $580,000 -2.1% $215 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $592,240 -- $220 / 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 $9,270 $719,461 $357,840 $361,621
2024 $9,270 $705,355 $350,824 $354,531
2023 $9,111 $691,526 $343,946 $347,580
2022 $8,676 $677,967 $337,202 $340,765
2021 $8,571 $664,675 $330,591 $334,084
2020 $8,638 $657,861 $327,202 $330,659
2019 $8,301 $644,963 $320,787 $324,176
2018 $8,107 $632,318 $314,498 $317,820
2016 $5,836 $444,910 $136,115 $308,795
2015 $5,745 $438,228 $134,071 $304,157
2014 $5,748 $429,644 $131,445 $298,199
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carlos J Martinez

    MARCAR RE Brokers Corp.

    (213) 700-2125

    17 Total Sales

    Section Image

  • G

    Buyer's Agent in 2014

    Gloria Campa

    Century 21 Allstars

    (323) 560-7777

    21 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14199109

California Regional Multiple Listing Service (CRMLS)

APN: 6216-019-020

California Los Angeles County South Gate 90280

8977 Kauffman Ave, South Gate, CA

This home is located at 8977 Kauffman Ave, South Gate, CA 90280 since 15 September 2014 and is currently estimated at $1,027,952, approximately $381 per square foot. This property was built in 1940. 8977 Kauffman Ave is a home located in Los Angeles County with nearby schools including South Gate Middle School, Southeast Middle School, and Legacy High School Complex.

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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