NOT LISTED FOR SALE

9308 Mcnerney Ave South Gate, CA 90280

9 Beds
5 Baths
3,238 Sq Ft
8,551 Sq Ft Lot Lot

Sale Details

Date Sold: April 16, 2020

Last sale price $1,285,000 $397 Per Sq Ft

12 Days on Market

About This Home

As of April 2020

Great well cared for units. Two separate homes up front. One on left has its own driveway and private garage. This lot is over 8500 sqft offering ample parking and a wonderful feeling of openness. Four two bedroom homes and one one bedroom. Three garages in back and additional parking. Private laundry room.vPlease do not disturb tenants.

Last Agent to Sell the Property

Allison Van Wig

Keller Williams Coastal Prop. License #00985700 Listed on: 02/01/2020

Keller Williams Coastal Prop.

Last Buyer's Agent

Anna Hong

T.N.G. Real Estate Consultants License #01825610

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 8,551 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 3,238 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 436
  • Tax Tract Number 6000
  • Assessor Parcel Number 6217008042

Community Details

Overview

  • 3 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $5,000
  • New Taxes Expense $14,375
  • Operating Expense $19,375
  • Gross Income $61,435
  • Net Operating Income $61,435

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

8,551 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: SGR3YY
  • Property Type: Residential Income
  • Parcel Number: 6217008042
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 396.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8551.00
  • Lot Size Acres: 0.1963

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 61435.00
  • Gross Scheduled Income: 84240.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 8551.0000 Square Feet
  • Net Operating Income: 61435.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 9081.00
  • Rent Control: Yes
  • Total Expenses: 19375.00

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Census Tract: 5359.01
  • Tax Lot: 436
  • Tax Tract Number: 6000
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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 Prior Sale
04/16/2020 04/16/20 Sold $1,285,000 +11.7% $397 / Sq Ft
02/14/2020 02/14/20 For Sale $1,150,000 -10.5% $355 / Sq Ft
02/13/2020 02/13/20 Off Market $1,285,000 -- --
02/01/2020 02/01/20 For Sale $1,150,000 +52.2% $355 / Sq Ft
05/30/2014 05/30/14 Sold $755,500 -5.0% $233 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $795,000 -- $246 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,961 $1,405,331 $601,503 $803,828
2024 $17,961 $1,377,776 $589,709 $788,067
2023 $17,652 $1,350,762 $578,147 $772,615
2022 $16,811 $1,324,277 $566,811 $757,466
2021 $16,622 $1,298,312 $555,698 $742,614
2020 $11,583 $846,832 $560,446 $286,386
2019 $11,145 $830,228 $549,457 $280,771
2018 $10,917 $813,950 $538,684 $275,266
2016 $10,399 $782,345 $517,767 $264,578
2015 $10,237 $770,594 $509,990 $260,604
2014 $7,166 $496,433 $214,250 $282,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20023114

California Regional Multiple Listing Service (CRMLS)
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