$795,000
SOLD JAN 8, 2025

9606 Madison Ave South Gate, CA 90280

4 Beds
3 Baths
1,766 Sq Ft
7,688 Sq Ft Lot

Recently Sold

$450 Per Sq Ft

3 Days on Market

Highlights

  • Private Yard
  • Living Room Balcony
  • Awning
  • Legacy High School Complex Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2025

This home is located at 9606 Madison Ave, South Gate, CA 90280 and is currently priced at $795,000, approximately $450 per square foot. This property was built in 1950. 9606 Madison Ave is a home located in Los Angeles County with nearby schools including Stanford Avenue Elementary School, Southeast Middle School, and South Gate Middle School.

Last Agent to Sell the Property

Ruben Sarinana Jr

Century 21 A Better Service Brokerage Phone: 562-881-8431 License #01016100 Listed on: 11/18/2024

Century 21 A Better Service

Last Buyer's Agent

Ruben Sarinana Jr

Century 21 A Better Service Brokerage Phone: 562-881-8431 License #01016100 Listed on: 11/18/2024

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1950

Lot Details

  • 7,688 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Living Room Balcony

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 535
  • Assessor Parcel Number 6206026003
  • $322,424 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,540
  • Trash Expense $200
  • Water Sewer Expense $250
  • Operating Expense $1,990
  • Gross Income $16,800
  • Net Operating Income $23,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,605

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 397500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 250.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6206026003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 450.17

Exterior Features

  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 7688.00
  • Lot Size Acres: 0.1765

Multi Family

  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 1540.00
  • Lot Size Area: 7688.0000 Square Feet
  • Net Operating Income: 23880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1990.00
  • Rent Control: Yes
  • Total Expenses: 1990.00

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 535...
  • TaxOtherAnnualAssessmentAmount: 322424.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Dec 20, 2024
Sold by
Alvarez Family Living Trust and Magana Margarita
Bought by
Contreras Consuelo and Lozano Isaac J
Seller's Agent
Ruben Sarinana Jr
Century 21 A Better Service
Buyer's Agent
Ruben Sarinana Jr
Century 21 A Better Service
List Price
$795,000
Sold Price
$795,000
Views
8
Current Estimated Value
$792,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,236
Avg. Annual Appreciation
2.14%
Original Mortgage
$728,021
Outstanding Balance
$723,610
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$81,708

Purchase Details

Closed on
Nov 20, 2018
Sold by
Alvarez Felipe R and Alvarez Martha
Bought by
Alvarez Felipe Ramirez and Alvarez Martha
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $795,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $728,021 FHA
Previous Owner $146,200 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $795,000 0.0% $450 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $795,000 -- $450 / 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 $2,605 $795,000 $500,000 $295,000
2024 $2,605 $161,052 $59,628 $101,424
2023 $2,565 $157,895 $58,459 $99,436
2022 $2,459 $154,800 $57,313 $97,487
2021 $2,421 $151,766 $56,190 $95,576
2019 $2,351 $147,266 $54,524 $92,742
2018 $2,216 $144,379 $53,455 $90,924
2016 $2,100 $138,775 $51,380 $87,395
2015 $2,068 $136,692 $50,609 $86,083
2014 $2,074 $134,015 $49,618 $84,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24235930

California Regional Multiple Listing Service (CRMLS)

APN: 6206-026-003