NOT LISTED FOR SALE

9925 Jackson Ave South Gate, CA 90280

Estimated Value: $683,888 - $829,000

2 Beds
2 Baths
1,274 Sq Ft
$599/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $770,000 $604 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,439/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Ductless Heating Or Cooling System
  • Bike Trail

About This Home

As of April 2024

Amazing investment opportunity in the city of South Gate. This rare find consists of a duplex with the front unit having 2br/1ba, and the rear unit being a single, both units will be delivered vacant, perfect for an owner occupant or an avid investor looking to add to their portfolio. Both units have been remodeled and meticulously well up kept. Sitting on a corner lot, parking will not be an issue as front unit has an elongated driveway and the rear unit has alley access. The units have been separated by a patio area perfect for entertaining and the rear unit has a small yard as well. Come and appreciate for yourself as the pictures do not do it justice.

Last Agent to Sell the Property

Cindy Portillo

Good Faith Investments, Inc Brokerage Phone: 3238333414 License #01813657 Listed on: 02/22/2024

Last Buyer's Agent

Julio Carrasco

Century 21 Allstars License #01256604

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,995 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2 Bedrooms
  • 1,274 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Ductless Heating Or Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 13
  • Tax Tract Number 6436
  • Assessor Parcel Number 6219025006
  • $631 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $1,200
  • Trash Expense $30
  • Water Sewer Expense $100
  • Operating Expense $44,400
  • Gross Income $4,800
  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: SGR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6219025006
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 604.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 30.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4995.00
  • Lot Size Acres: 0.1147

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 4800.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4995.0000 Square Feet
  • Net Operating Income: 44400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Expenses: 44400.00

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 5361.03
  • Tax Lot: 10
  • Tax Tract Number: 6436
  • TaxOtherAnnualAssessmentAmount: 631.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 29, 2024
Sold by
Rivera Julio C and Rivera Marcela
Bought by
Acevedo Danae and Frias Julissa Meza
Seller's Agent
Cindy Portillo
Good Faith Investments, Inc
Buyer's Agent
Julio Carrasco
Century 21 Allstars
List Price
$725,000
Sold Price
$770,000
Premium/Discount to List
$45,000
6.21%
Views
61
Current Estimated Value
$775,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,713
Avg. Annual Appreciation
-0.51%
Original Mortgage
$756,053
Outstanding Balance
$744,756
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$18,716

Purchase Details

Closed on
Nov 22, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Rivera Julio C and Rivera Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,282
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2010
Sold by
Vazquez Jose Javier
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 22, 2007
Sold by
Vazquez Martha
Bought by
Vazquez Jose Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
7.25%
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
Acevedo Danae $770,000 California Best Title
Rivera Julio C $265,000 Lsi Title Company Ca
Deutsche Bank National Trust Company $261,360 Accommodation
Vazquez Jose Javier -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Danae $756,053
Previous Owner Rivera Julio C $258,282
Previous Owner Vazquez Jose Javier $397,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $770,000 +6.2% $604 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $725,000 -- $569 / 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 $4,502 $785,400 $510,000 $275,400
2024 $4,502 $332,842 $119,319 $213,523
2023 $4,425 $326,317 $116,980 $209,337
2022 $4,217 $319,920 $114,687 $205,233
2021 $4,164 $313,648 $112,439 $201,209
2020 $4,192 $310,433 $111,287 $199,146
2019 $4,031 $304,347 $109,105 $195,242
2018 $3,956 $298,380 $106,966 $191,414
2016 $3,774 $286,795 $102,813 $183,982
2015 $3,713 $282,488 $101,269 $181,219
2014 $3,716 $276,956 $99,286 $177,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24037255

California Regional Multiple Listing Service (CRMLS)

APN: 6219-025-006