NOT LISTED FOR SALE

9000 Burke Ave South Gate, CA 90280

Estimated Value: $757,000 - $835,000

3 Beds
3 Baths
1,258 Sq Ft
$620/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $615,000 $489 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,780/month

22 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Park or Greenbelt View
  • Cooling System Mounted To A Wall/Window
  • Legacy High School Complex Rated A-
  • Two Homes on a Lot
  • Park

About This Home

As of October 2021

DUPLEX FOR SALE! If you're looking for a magnificent investment opportunity that is conveniently located within walking distance to South Gate Park, shopping centers, dining and entertainment, then look no further. The front unit consists of 2 bedrooms and 2 bathrooms and the back studio unit consists of 1 bedroom and 1 bathroom and a 1 car garage. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Tom Moore

Keller Williams Pacific Estates License #01987433 Listed on: 08/05/2021

Keller Williams Pacific Estates

Last Buyer's Agent

Andrew Giannos

eXp Realty of California Inc License #02000742

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,267

Year Built

  • Built in 1950

Lot Details

  • 4,052 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,258 Sq Ft Home
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 697
  • Tax Tract Number 6666
  • Assessor Parcel Number 6222013003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $500
  • Trash Expense $528
  • Water Sewer Expense $1,500
  • Operating Expense $3,728
  • Gross Income $34,800
  • Net Operating Income $32,272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,267

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6222013003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 488.87
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Two On A Lot
  • View: Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Security
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 528.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4052.00
  • Lot Size Acres: 0.0930

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 34800.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 4052.0000 Square Feet
  • Net Operating Income: 32272.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3728.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Total Expenses: 3728.00

Tax Info

  • Tax Lot: 697
  • Tax Tract Number: 6666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2005
Sold by
Abad Jose V
Bought by
Abad Jose V and Abad Magaly A
Current Estimated Value
$780,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$136,590
Interest Rate
1%
Mortgage Type
New Conventional
Estimated Equity
$643,518

Purchase Details

Closed on
Jun 26, 2002
Sold by
Abad Jose V
Bought by
Abad Jose V and Abad Magaly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.86%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Abad Jose V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
7.83%

Purchase Details

Closed on
Apr 9, 1999
Sold by
Sotomayor Maria and Polanco Luis A
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Oct 11, 1994
Sold by
Sotomayor Maria A and Sotomayor Roberto
Bought by
Sotomayor Maria A and Polanco Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.91%
Source: Public Records

Range of Values:

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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
Abad Jose V -- Ticor Title Co Fullerton
Abad Jose V -- Ticor Title Co Fullerton
Abad Jose V -- Landsafe Title
Abad Jose V $145,000 First American Title Co
Washington Mutual Bank Fa $94,413 --
Sotomayor Maria A -- Western Cities Title Co
Polanco Luis A -- Western Cities Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abad Jose V $375,000
Closed Abad Jose V $75,000
Closed Abad Jose V $170,400
Closed Abad Jose V $123,250
Previous Owner Sotomayor Maria A $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $615,000 +2.5% $489 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $599,999 -- $477 / 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 $8,267 $652,641 $392,646 $259,995
2024 $8,267 $639,846 $384,948 $254,898
2023 $8,123 $627,300 $377,400 $249,900
2022 $7,729 $615,000 $370,000 $245,000
2021 $3,253 $224,763 $85,186 $139,577
2020 $3,274 $222,459 $84,313 $138,146
2019 $3,155 $218,098 $82,660 $135,438
2018 $3,041 $213,823 $81,040 $132,783
2016 $2,900 $205,522 $77,894 $127,628
2015 $2,854 $202,435 $76,724 $125,711
2014 $2,859 $198,471 $75,222 $123,249
Source: Public Records

Agents Affiliated with this Home

  • Tom Moore

    Seller's Agent in 2021

    Tom Moore

    Keller Williams Pacific Estates

    (562) 713-4889

    1 in this area

    43 Total Sales

    Tom Moore
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Giannos

    eXp Realty of California Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21171646

California Regional Multiple Listing Service (CRMLS)

APN: 6222-013-003

California Los Angeles County South Gate 90280

9000 Burke Ave, South Gate, CA

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