NOT LISTED FOR SALE

9003 Dudlext Ave South Gate, CA 90280

6 Beds
6 Baths
2,836 Sq Ft
7,589 Sq Ft Lot

Last Sold September 23, 2021

Last sale price $1,630,000 $575 Per Sq Ft

9 Days on Market

Highlights

  • Park or Greenbelt View
  • Laundry Room
  • Guest Parking
  • Legacy High School Complex Rated A-
  • Tankless Water Heater
  • Stacked Washer and Dryer

About This Home

As of September 2021

Location Location Location!! Highly desired 6 units located right across the street from South Gate Park. Each unit offers their own A/C units, (washer and dryer stackable), walk in closets, ceiling fans throughout, brand new stove, fridge, bathrooms, electrical, windows, and so much more. Complex offers plenty of parking with 4 garages, and also storage room for additional income. Property is securely guarded with an electric gate. Property is fully operating at top market rents.

Last Agent to Sell the Property

Isaac Rosales

Berkshire Hathaway Home Srvs License #01389408 Listed on: 08/03/2021

Berkshire Hathaway Home Srvs

Last Buyer's Agent

Mike Huang

Mike Huang Broker License #02129745

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1946

Lot Details

  • 7,589 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 12 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Driveway
  • Guest Parking
  • Assigned Parking
  • Unassigned Parking

Interior Spaces

  • 2,836 Sq Ft Home
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1471
  • Assessor Parcel Number 6222013027

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $504
  • Gardener Expense $1,200
  • Insurance Expense $3,564
  • Pest Control $420
  • Professional Management Expense $4,467
  • Trash Expense $1,896
  • Water Sewer Expense $2,238
  • New Taxes Expense $19,470
  • Operating Expense $33,759
  • Gross Income $126,000
  • Net Operating Income $89,090

Property Details

Home Type

Apartment

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.42
  • Professional Management Expense: 4467.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2238.00
  • Zoning: SGR4*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6222013027
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 574.75

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Asphalt, Guest, Unassigned, Uncovered
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 12.00

Utilities

  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Laundry Features: Stackable
  • Pest Control Expense: 420.00
  • Sewer: Public Sewer
  • Trash Expense: 1896.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7589.00
  • Lot Size Acres: 0.1742

Multi Family

  • Electric Expense: 504.00
  • Gross Income: 126000.00
  • Gross Multiplier: 13.06
  • Gross Operating Income: 122850.00
  • Gross Scheduled Income: 126000.00
  • Gross Spendable Income: 122850.00
  • Insurance Expense: 3564.00
  • Lot Size Area: 7589.0000 Square Feet
  • Net Operating Income: 89090.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 33759.00
  • Rent Control: Yes
  • Total Actual Rent: 10500.00
  • Total Expenses: 33759.00
  • Vacancy Allowance Rate: 2.50

Tax Info

  • New Taxes Expense: 19470.00
  • Tax Census Tract: 5361.03
  • Tax Lot: 1
  • Tax Tract Number: 1471

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $1,630,000 +1.9% $575 / Sq Ft
08/03/2021 08/03/21 For Sale $1,598,888 -- $564 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Isaac Rosales

    Berkshire Hathaway Home Srvs

    Section Image

  • M

    Buyer's Agent in 2021

    Mike Huang

    Mike Huang Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21170568

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County South Gate 90280

9003 Dudlext 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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