NOT LISTED FOR SALE

9538 Dearborn Ave South Gate, CA 90280

Estimated Value: $912,000 - $996,000

6 Beds
3 Baths
2,536 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $875,000 $345 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,880/month

4 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Landscaped

About This Home

As of April 2022

Well kept tri-plex in a prime location, just minutes away from downtown LA. Close to shopping, schools, dining and transportation. Comprised of a single family home in the front and a two-story duplex in the rear. Large carport between the units provides plenty of secured, off-street parking. Rear units were constructed around 1963. All units are currently rented by long term tenants. Units are well maintained and managed by professional property management company. Rents are below fair market value because of the longevity of current tenants, providing the potential for higher rents by new owner.

Last Agent to Sell the Property

John Metcalf

Inland Valley Realty License #01014401 Listed on: 01/31/2022

Last Buyer's Agent

Juan Avendano

ReMax College Park Realty License #01281681

ReMax College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Private Yard
  • Lawn

Home Design

  • 2,536 Sq Ft Home
  • Triplex
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 1592
  • Tax Tract Number 5487
  • Assessor Parcel Number 6209008034
  • $895 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,632
  • Insurance Expense $1,340
  • Maintenance Expense $2,400
  • Trash Expense $795
  • Water Sewer Expense $2,498
  • Operating Expense $8,665
  • Gross Income $55,428
  • Net Operating Income $46,763

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2498.00
  • Zoning: SGR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1632.00
  • Parcel Number: 6209008034
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 345.03

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 795.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Multiplier: 14.88
  • Gross Operating Income: 55428.00
  • Gross Scheduled Income: 55428.00
  • Gross Spendable Income: 55428.00
  • Insurance Expense: 1340.00
  • Lot Size Area: 6250.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 46763.00
  • 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
  • Number With Range: 3
  • Operating Expense: 8665.00
  • Rent Control: Yes
  • Total Actual Rent: 4619.00
  • Total Expenses: 8665.00

Tax Info

  • Tax Census Tract: 5358.03
  • Tax Lot: 1592
  • Tax Tract Number: 5487
  • TaxOtherAnnualAssessmentAmount: 895.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Metcalf Family Revocable Trust
Bought by
Pichardo-Hoeflich Louie
Current Estimated Value
$951,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2021
Sold by
Metcalf John L
Bought by
Metcalf Family Revocable Trust and Metcalf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Pichardo-Hoeflich Louie $875,000 Stewart Title Of California In
Metcalf Family Revocable Trust -- Accommodation/Courtesy Recordi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pichardo-Hoeflich Louie $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $875,000 +6.1% $345 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $825,000 -- $325 / 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 $11,749 $928,556 $557,134 $371,422
2024 $11,749 $910,350 $546,210 $364,140
2023 $11,544 $892,500 $535,500 $357,000
2022 $1,893 $84,024 $23,756 $60,268
2021 $1,856 $82,378 $23,291 $59,087
2020 $1,860 $81,535 $23,053 $58,482
2019 $1,808 $79,937 $22,601 $57,336
2018 $1,687 $78,370 $22,158 $56,212
2016 $1,585 $75,329 $21,299 $54,030
2015 $1,561 $74,199 $20,980 $53,219
2014 $1,574 $72,747 $20,570 $52,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22019166

California Regional Multiple Listing Service (CRMLS)

APN: 6209-008-034

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