Seller's Agent in 2023
Pablo Martinez
Good Faith Investments
(310) 650-9849
1 in this area
21 Total Sales
9840 Pinehurst Ave South Gate, CA 90280
9
Beds
7
Baths
5,254
Sq Ft
6,956
Sq Ft Lot
Highlights
- Park
- Laundry Room
- 6 Car Garage
About This Home
As of May 2023Welcome to 9840 Pinehurst, an amazing 6 unit corner lot that has been meticulously well maintained throughout the years by its current owner and first time on the market in over 40 years. Siting at 5,200 sq ft, this beauty has 9 bedrooms and 7 bathrooms, all excessively spacious compared to its counterparts in the surrounding market. Additionally all units have attached garages for tenants convenience. Finally, rounding out this property it has a coined laundry perfect for tenants convenience and owners bottom line. As if all this was not enough, the rents are strong and still have room to increase to ensure positive cash flow. Call us today for more info
Last Agent to Sell the Property
Good Faith Investments License #01960854 Listed on: 03/27/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,956 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Apartment
Interior Spaces
- 5,254 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 1471
- Assessor Parcel Number 6222027022
- $1,936 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $930
- Professional Management Expense $6,600
- Trash Expense $1,896
- Water Sewer Expense $3,000
- Operating Expense $12,426
- Gross Income $113,420
- Net Operating Income $100,994
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $1,769,000 | -1.7% | $337 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $1,799,000 | -- | $342 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,386 | $1,840,467 | $1,040,400 | $800,067 |
| 2024 | $23,386 | $1,804,380 | $1,020,000 | $784,380 |
| 2023 | $7,288 | $448,034 | $103,532 | $344,502 |
| 2022 | $6,991 | $439,250 | $101,502 | $337,748 |
| 2021 | $6,886 | $430,638 | $99,512 | $331,126 |
| 2019 | $6,702 | $1,248,980 | $832,320 | $416,660 |
| 2018 | $6,509 | $410,173 | $94,668 | $315,505 |
| 2016 | $6,141 | $393,767 | $90,993 | $302,774 |
| 2015 | $6,048 | $387,854 | $89,627 | $298,227 |
| 2014 | $6,068 | $380,258 | $87,872 | $292,386 |
Source: Public Records
Agents Affiliated with this Home
-
Pablo Martinez
-
Cindy Portillo
C
Seller Co-Listing Agent in 2023
Cindy Portillo
Good Faith Investments, Inc
(562) 923-0001
2 in this area
64 Total Sales
-
Lucy Ramirez
L
Buyer's Agent in 2023
Lucy Ramirez
Sunrise Acceptance Corp.
(323) 369-0469
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS23049376
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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