NOT LISTED FOR SALE

8999 Mcnerney Ave South Gate, CA 90280

Estimated Value: $636,000 - $859,000

4 Beds
4 Baths
1,207 Sq Ft
$622/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2020

Last sale price $560,000 $464 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,715 / mo

34 Days on Market

About This Home

As of March 2020

Do not miss this great opportunity to own a 4-Studio Unit 4,255 Lot size property in the great city of South Gate. All 4-Units are Studio Units, Assessor shows 1,207 total sqft. Buyer to may visit the City of South Gate to verify property information. Near Shopping centers, Parks and the #710 & #105 Freeways. This income property will not last! Priced to sell!

Last Agent to Sell the Property

Steven Padilla

Century 21 A Better Service License #00957274 Listed on: 01/07/2020

Century 21 A Better Service

Last Buyer's Agent

Steven Padilla

Century 21 A Better Service License #00957274 Listed on: 01/07/2020

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 4,255 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 4 Car Garage

Home Design

  • 1,207 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 6666
  • Assessor Parcel Number 6216031011

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

4,255 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6216031011
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 463.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 4255.00
  • Lot Size Acres: 0.0977

Multi Family

  • Average Studio Area: 307 Square Feet
  • Gross Income: 2400.00
  • Lot Size Area: 4255.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 2400.00

Tax Info

  • Tax Census Tract: 5360.00
  • Tax Lot: 37
  • Tax Tract Number: 6666

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

Listed on
Jan 7, 2020
Closed on
Jan 28, 2020
Sold by
Bought by
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Steven Padilla
Century 21 A Better Service
List Price
$559,000
Sold Price
$560,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$750,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,927
Avg. Annual Appreciation
4.77%
Original Mortgage
$420,000
Outstanding Balance
$371,881
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$379,046

Purchase Details

Closed on
Sep 22, 2018
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
$560,000 Fidelity National Title Co
-- None Available
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
Open $420,000
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
03/06/2020 03/06/20 Sold $560,000 +0.2% $464 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $559,000 -- $463 / 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 $8,195 $612,436 $244,974 $367,462
2024 $8,018 $600,428 $240,171 $360,257
2023 $7,878 $588,656 $235,462 $353,194
2022 $7,504 $577,115 $230,846 $346,269
2021 $7,419 $565,800 $226,320 $339,480
2020 $4,057 $271,561 $108,085 $163,476
2019 $3,907 $266,246 $105,966 $160,280
2018 $3,791 $261,036 $103,889 $157,147
2017 $3,710 $255,448 $101,852 $153,596
2016 $3,615 $250,440 $99,855 $150,585
2015 $3,555 $246,680 $98,356 $148,324
2014 $3,568 $241,849 $96,430 $145,419
Source: Public Records

Agents Affiliated with this Home

  • Steven Padilla

    Seller's Agent in 2020

    Steven Padilla

    Century 21 A Better Service

    (562) 298-6413

    140 Total Sales

    Steven Padilla
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20002782

California Regional Multiple Listing Service (CRMLS)

APN: 6216-031-011

California Los Angeles County South Gate 90280

8999 Mcnerney Ave, South Gate, CA

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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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