NOT LISTED FOR SALE

9418 Otis St South Gate, CA 90280

Estimated Value: $843,000 - $931,099

4 Beds
3 Baths
2,080 Sq Ft
$421/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2022

Last sale price $830,000 $399 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,552 / mo

24 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Floor Furnace
  • Corner Lot
  • Laundry Room
  • 3 Car Garage

About This Home

As of March 2022

Very nice 3 unit home. Super great corner location and curb appeal! Rear unit is 2 BR 1 bathroom. Mid unit is a 1 bedroom 1 bath. Front unit is a 1 bedroom 1 bath.
There are 3 gas meters, 3 electric meters, and one water meter for the property. 3 garages at the rear of a long driveway.
All units are currently rented and occupied. Tenants are paying rent. Please call me for more information.

Last Agent to Sell the Property

Wende Deaton

RE/MAX ONE License #00891930 Listed on: 01/24/2022

RE/MAX ONE

Last Buyer's Agent

Alexander Salas

Quality Real Estate Corp. License #02052526

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,778 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,080 Sq Ft Home
  • Triplex
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Wall Furnace

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 305
  • Tax Tract Number 6000
  • Assessor Parcel Number 6203008020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $49,320
  • Net Operating Income $46,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

7,778 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6203008020
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 399.04
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7778.00
  • Lot Size Acres: 0.1786

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 49320.00
  • Gross Scheduled Income: 49320.00
  • Lot Size Area: 7778.0000 Square Feet
  • Net Operating Income: 46920.00
  • 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: 2400.00
  • Rent Control: No
  • Total Actual Rent: 4110.00

Tax Info

  • Tax Lot: 305
  • Tax Tract Number: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2016
Sold by
Maisterrena Anita Louise and The Anita Maisterrena Living T
Bought by
Maisterrena Anita Louise and Anita Maisterrena Living Trust
Current Estimated Value
$876,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2008
Sold by
Maisterrena Anita Louise
Bought by
Maisterrena Anita Louise and Anita Maisterrena Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Maisterrena Anita Louise -- Western Resources Title
Maisterrena Anita Louise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maisterrena Anita Louise $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $830,000 +0.6% $399 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $825,000 -- $397 / 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 $11,244 $880,802 $530,604 $350,198
2024 $11,244 $863,532 $520,200 $343,332
2023 $11,879 $846,600 $510,000 $336,600
2022 $3,781 $243,914 $97,559 $146,355
2021 $3,730 $239,133 $95,647 $143,486
2019 $3,621 $232,042 $92,811 $139,231
2018 $3,453 $227,493 $90,992 $136,501
2016 $3,287 $218,660 $87,459 $131,201
2015 $3,235 $215,377 $86,146 $129,231
2014 $3,247 $211,159 $84,459 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21258224

California Regional Multiple Listing Service (CRMLS)

APN: 6203-008-020

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