NOT LISTED FOR SALE

9231 San Gabriel Ave South Gate, CA 90280

Estimated Value: $917,000 - $1,012,000

3 Beds
3 Baths
1,970 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $873,988 $444 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,261/month

7 Days on Market

About This Home

As of September 2023

Great triplex in South Gate. Live in one and rent the other two. This property has awesome potential for the first-time home buyer. 3 car garage with 3 extra parking. Property is close to the 105 FWY and 110 FWY. Minutes from downtown Los Angeles.

Last Agent to Sell the Property

Maria Tita Alvarez

T.N.G Real Estate Consultants License #01133811 Listed on: 06/30/2023

T.N.G Real Estate Consultants

Last Buyer's Agent

Brisa Bueno

Century 21 Allstars License #01953880

Century 21 Allstars

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,232

Year Built

1959

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 296329
  • Property Attached: Yes
  • Water Sewer Expenses: 1208.00
  • Zoning: SGR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6203001014
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: side
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 443.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4973.00
  • Lot Size Acres: 0.1142

Multi Family

  • Gross Income: 36602.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 890.00
  • Lot Size Area: 4973.0000 Square Feet
  • Net Operating Income: 36602.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2998.00
  • Rent Control: Yes
  • Total Actual Rent: 3300.00
  • Total Expenses: 2998.00

Tax Info

  • Tax Census Tract: 5358.04
  • Tax Lot: 829
  • Tax Tract Number: 5280
  • TaxOtherAnnualAssessmentAmount: 842.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Alfonso Magana Trust
Bought by
Ibarra Jose M and Ibarra Josefina
Current Estimated Value
$964,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Magana Alfonso
Bought by
Magana Alfonso and Alfonso Magana Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ibarra Jose M $874,000 Ticor Title Company
Magana Alfonso -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibarra Jose M $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $873,988 -1.7% $444 / Sq Ft
06/30/2023 06/30/23 For Sale $888,988 -- $451 / 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 $11,232 $891,480 $612,000 $279,480
2024 $11,232 $874,000 $600,000 $274,000
2023 $4,461 $303,529 $156,367 $147,162
2022 $4,262 $297,578 $153,301 $144,277
2021 $4,205 $291,745 $150,296 $141,449
2020 $4,232 $288,754 $148,755 $139,999
2019 $4,077 $283,093 $145,839 $137,254
2018 $3,948 $277,543 $142,980 $134,563
2016 $3,759 $266,768 $137,429 $129,339
2015 $3,699 $262,762 $135,365 $127,397
2014 $3,708 $257,616 $132,714 $124,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23117560

California Regional Multiple Listing Service (CRMLS)

APN: 6203-001-014