NOT LISTED FOR SALE

9932 Mallison Ave South Gate, CA 90280

Estimated Value: $915,000 - $1,013,405

2 Beds
1 Bath
2,117 Sq Ft
$454/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $765,000 $361 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,083/month

12 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Carpet
  • Legacy High School Complex Rated A-
  • Ceiling Fan
  • Wall Furnace

About This Home

As of November 2020

Well Maintained Units all with own 1 car garage, community laundry room, all units are 2 Bedroom 1 Bath and have been updated thru out the years with Granite counters & new flooring in some units.. Quiet neighborhood street parking available. All units are separately metered for Electric & Gas.Room to increase Rents.New Landscaping & sprinklers recently installed

Last Agent to Sell the Property

Yvonne Connolly

Superior Mgmt & Realty Service License #01510957 Listed on: 09/17/2020

Last Buyer's Agent

Carlos Barron

T.N.G. Real Estate Consultants License #01887430

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,573

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,511 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Property Attached

Interior Spaces

  • 2,117 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 471
  • Tax Tract Number 6557
  • Assessor Parcel Number 6218016026

Community Details

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $260
  • Fuel Expense $136
  • Gardener Expense $960
  • Insurance Expense $1,200
  • Trash Expense $2,700
  • Water Sewer Expense $1,020
  • New Taxes Expense $8,625
  • Operating Expense $14,901
  • Gross Income $5,400
  • Net Operating Income $39,099

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,573

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1020.00
  • Zoning: SGR3YY
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 6218016026
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 361.36
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6511.00
  • Lot Size Acres: 0.1495

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 706 Square Feet
  • Electric Expense: 260.00
  • Fuel Expense: 136.00
  • Gross Income: 5400.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 635.00
  • Lot Size Area: 6511.0000 Square Feet
  • Net Operating Income: 39099.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 14901.00
  • Rent Control: No
  • Total Actual Rent: 4500.00
  • Total Expenses: 14901.00

Tax Info

  • New Taxes Expense: 8625.00
  • Tax Census Tract: 5359.02
  • Tax Lot: 471
  • Tax Tract Number: 6557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 3, 2020
Sold by
J & M Selisker Llc
Bought by
Hernandez Michael Angel and Hernandez Carmen Mireya
Seller's Agent
Yvonne Connolly
Superior Mgmt & Realty Service
Buyer's Agent
Carlos Barron
T.N.G. Real Estate Consultants
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Current Estimated Value
$962,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,101
Avg. Annual Appreciation
5.04%
Original Mortgage
$573,750
Outstanding Balance
$513,768
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$456,607

Purchase Details

Closed on
Apr 3, 2006
Sold by
Selisker James G and Selisker Martha G
Bought by
J & M Selisker Llc

Purchase Details

Closed on
Oct 3, 2000
Sold by
Shelter First Inc
Bought by
Selisker James G and Selisker Martha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.88%

Purchase Details

Closed on
Mar 24, 2000
Sold by
Hud
Bought by
Shelter First Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
8.24%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 15, 1999
Sold by
Portillo Ignacio and Portillo Richelle
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 24, 1998
Sold by
Espinoza Jorge and Espinoza Celica
Bought by
Portillo Ignacio and Portillo Richelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,475
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1993
Sold by
Gonzalez Ramon
Bought by
Espinoza Jorge and Espinoza Celica
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Michael Angel $765,000 Stewart Title
J & M Selisker Llc -- None Available
Selisker James G $250,000 Provident Title
Shelter First Inc $180,000 --
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $229,078 Fidelity National Title Ins
Portillo Ignacio $220,000 Southland Title Corporation
Espinoza Jorge -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Michael Angel $573,750
Previous Owner Selisker James G $171,700
Previous Owner Selisker James G $175,000
Previous Owner Shelter First Inc $143,000
Previous Owner Portillo Ignacio $25,000
Previous Owner Portillo Ignacio $212,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $765,000 +2.0% $361 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $750,000 -2.0% $354 / Sq Ft
09/25/2020 09/25/20 Off Market $765,000 -- --
09/17/2020 09/17/20 For Sale $750,000 -- $354 / 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 $10,573 $828,059 $497,918 $330,141
2024 $10,573 $811,823 $488,155 $323,668
2023 $10,389 $795,906 $478,584 $317,322
2022 $9,889 $780,300 $469,200 $311,100
2021 $10,539 $765,000 $460,000 $305,000
2019 $4,785 $337,684 $135,072 $202,612
2018 $4,637 $331,064 $132,424 $198,640
2016 $4,421 $318,211 $127,283 $190,928
2015 $4,350 $313,433 $125,372 $188,061
2014 $4,359 $307,295 $122,917 $184,378
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20184887

California Regional Multiple Listing Service (CRMLS)

APN: 6218-016-026