NOT LISTED FOR SALE

9629 San Vincente Ave South Gate, CA 90280

Estimated Value: $962,000 - $1,159,000

6 Beds
3 Baths
7,235 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 24, 2015

Last sale price $555,000 $77 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,352/month

31 Days on Market

About This Home

As of September 2015

CASH FLOW!!! Excellent 3 units in great area of the City of South Gate. Front house has 2 bedrooms and 1 bath with a bouns room use as a 3rd bedroom. Middle & Back House are 2 bedrooms & 1 bathroom each. All units in move-in condition, the bathroom and the kitchen have been recently remodeled. This property features a very large lot at 7248sqft. The long driveway has space to park at least 4 cars with a 1 car attached gar to Back House. Bring your Buyer or Investor and make an appointment to see this excellent property.

Last Agent to Sell the Property

Diego Esquivel

Camerra Capital License #01733351 Listed on: 07/09/2015

Last Buyer's Agent

Diego Esquivel

Camerra Capital License #01733351 Listed on: 07/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,161

Year Built

  • Built in 1947

Lot Details

  • 7,235 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 7,235 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 6203012025

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Water Sewer Expense $1,440
  • New Taxes Expense $4,850
  • Gross Income $3,800
  • Net Operating Income $43,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,161

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 6203012025
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 76.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7235.00
  • Price Per Lot Square Foot: 76.71
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 720.00
  • Lot Size Area: 7235.0000 Square Feet
  • Net Operating Income: 43660.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1940.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4850.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2018
Sold by
Sosa Christian and Sosa Christian Ivan
Bought by
Sosa Christian
Current Estimated Value
$1,037,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Pineda Miguel Garcia and Esquivel Jessica
Bought by
Sosa Christian Ivan

Purchase Details

Closed on
Jul 16, 2015
Sold by
Garcia Joshua
Bought by
Pineda Miguel Garcia and Esquivel Jessyca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2015
Sold by
Garcia Johnathan M and Garcia Joshua
Bought by
Garcia Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2013
Sold by
Garcia Johnathan M and Garcia Joshua
Bought by
Garcia Johnathan M and Garcia Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,157
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2009
Sold by
Cyprus Brett M
Bought by
East End Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2009
Sold by
East End Properties Inc
Bought by
Lopez Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2009
Sold by
Long Point Properties Llc
Bought by
Garcia Johnathan M and Garcia Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2008
Sold by
Tesfai Nigisti
Bought by
Long Point Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2006
Sold by
Tesfai Tesfai Nigisti Nigisti and Tesfai Nikki Nigisti
Bought by
Tesfai Nigisti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2003
Sold by
African Community Center Inc
Bought by
Tesfai Nigisti

Purchase Details

Closed on
Jul 27, 2000
Sold by
Hud
Bought by
African Community Resource Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,813
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 1999
Sold by
Gomez Jesus and Diaz Jose Luis
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 14, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 25, 1998
Sold by
Diaz Hilda N
Bought by
Diaz Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,880
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1998
Sold by
Manterola Jesus and Manterola Lucia C
Bought by
Gomez Jesus and Diaz Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,880
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sosa Christian -- First American Title Company
Sosa Christian Ivan -- Action Escrow Inc
Pineda Miguel Garcia $555,000 Lawyers Title
Pineda Miguel Garcia -- Lawyers Title
Garcia Joshua -- Lawyers Title
Garcia Joshua -- Fidelity National Title
Garcia Johnathan M -- None Available
Garcia Joshua -- None Available
East End Properties Inc -- Lawyers Title
Lopez Ana M $245,000 Lawyers Title
Garcia Johnathan M $388,000 Lawyers Title
Long Point Properties Llc $179,300 None Available
Tesfai Nigisti -- Financial Title Company La
Tesfai Nigisti -- --
African Community Resource Center Inc $211,000 --
Countrywide Home Loans Inc $255,492 Landsafe Title
Hud -- Landsafe Title
Diaz Jose Luis -- Gateway Title Company
Gomez Jesus $239,500 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Christian $578,000
Closed Sosa Christian $565,000
Closed Sosa Christian $547,500
Closed Sosa Christian $536,250
Previous Owner Pineda Miguel Garcia $533,793
Previous Owner Pineda Miguel Garcia $544,947
Previous Owner Garcia Joshua $360,000
Previous Owner Garcia Johnathan M $366,157
Previous Owner Lopez Ana M $232,750
Previous Owner Garcia Johnathan M $380,972
Previous Owner Long Point Properties Llc $144,000
Previous Owner Tesfai Nigisti $455,000
Previous Owner Tesfai Nigisti $283,000
Previous Owner African Community Resource Center Inc $232,813
Previous Owner Gomez Jesus $230,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $555,000 0.0% $77 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $555,000 -- $77 / 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 $10,161 $787,551 $504,212 $283,339
2024 $10,161 $772,110 $494,326 $277,784
2023 $9,986 $756,972 $484,634 $272,338
2022 $9,510 $742,131 $475,132 $266,999
2021 $9,396 $727,580 $465,816 $261,764
2020 $9,470 $720,120 $461,040 $259,080
2019 $9,099 $706,000 $452,000 $254,000
2018 $7,560 $577,422 $364,140 $213,282
2017 $7,406 $566,100 $357,000 $209,100
2016 $7,219 $555,000 $350,000 $205,000
2015 $5,573 $415,731 $230,367 $185,364
2014 -- $407,588 $225,855 $181,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15135251

California Regional Multiple Listing Service (CRMLS)

APN: 6203-012-025