NOT LISTED FOR SALE

9726 San Gabriel Ave South Gate, CA 90280

14 Beds
7 Baths
6,870 Sq Ft
9,675 Sq Ft Lot

Last Sold December 28, 2015

Last sale price $1,225,000 $178 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Rectangular Lot
  • Legacy High School Complex Rated A-

About This Home

As of December 2015

Excellent opportunity. 7 units total. Great part of South Gate. Walking distance to Tweedy blvd. Plenty of parking spaces, laundry room, separate meters for gas and electric. All units occupied. New roof only 5 years old. Please do not disturb tenants.

Last Agent to Sell the Property

Ezequiel Pinaya

24 Hour Real Estate License #00647192 Listed on: 09/24/2015

Co-Listed By

Eric Pinaya

24 Hour Real Estate License #01397355

Last Buyer's Agent

Sergio Labra

SOUTHLAND Real Estate Service License #00915475

SOUTHLAND Real  Estate Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,675 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • 9 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • 6,870 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 890
  • Tax Tract Number 5280
  • Assessor Parcel Number 6203018005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $600
  • Gardener Expense $360
  • Insurance Expense $3,250
  • Maintenance Expense $2,500
  • Other Expense $150
  • Supplies Expense $1,500
  • Trash Expense $3,372
  • Water Sewer Expense $4,800
  • New Taxes Expense $14,300
  • Gross Income $99,600
  • Net Operating Income $63,446

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 5.00
  • Property Attached: Yes
  • Supplies Expense: 1500.00
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6203018005
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 178.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 22.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 3372.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 9675.00
  • Price Per Lot Square Foot: 126.61
  • Lot Size Acres: 0.2220

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 99600.00
  • Gross Multiplier: 11.54
  • Gross Scheduled Income: 99600.00
  • Insurance Expense: 3250.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 9675.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 63446.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Number With Range: 7
  • Operating Expense: 34162.00
  • Operating Expense Percent: 35.00
  • Other Expense: 150.00
  • Other Expense Description: ADVERT
  • Rent Control: No
  • Total Actual Rent: 8000.00
  • Vacancy Allowance: 1992
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 14300.00
  • Tax Lot: 890
  • Tax Tract Number: 5280

Range of Values:

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Sold Price
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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 Change Sq Ft Price
12/28/2015 12/28/15 Sold $1,225,000 +6.5% $178 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $1,150,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15211219

California Regional Multiple Listing Service (CRMLS)