NOT LISTED FOR SALE

South Gate, CA 90280

Estimated Value: $748,000 - $807,000

4 Beds
2 Baths
2 Sq Ft
$388,662/Sq Ft Est. Value

Last Sold June 26, 2012

Last sale price $290,000 $145,000 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,528/month

54 Days on Market

Highlights

  • Cottage
  • Legacy High School Complex Rated A-
  • No Heating

About This Home

As of June 2012

This home since 06 April 2012 and is currently estimated at $777,323, approximately $388,661 per square foot. This property was built in 1962. This home is a home located in Los Angeles County with nearby schools including South Gate Middle School, Southeast Middle School, and South Gate High School.

Last Agent to Sell the Property

Socorro Villa

SRV Real Estate Services Inc License #01010123 Listed on: 04/06/2012

Last Buyer's Agent

Jorge Estrada

Estrada Real Estate Group License #01376200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,030

Year Built

  • Built in 1962

Lot Details

  • 6,011

Parking

  • 3 Parking Spaces

Home Design

  • 2 Sq Ft Home
  • Cottage
  • Brick Exterior Construction
  • Stucco

Utilities

  • No Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 3411
  • Assessor Parcel Number 6215011012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,400
  • New Taxes Expense $653,501
  • Gross Income $2,800
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,030

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.85
  • View: No
  • Water Sewer Expenses: 1400.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 6215011012
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Water Heater
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No

Multi Family

  • Gross Income: 2800.00
  • Gross Multiplier: 7.74
  • Gross Scheduled Income: 33600.00
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5400.00

Tax Info

  • New Taxes Expense: 653501.00
  • Tax Lot: 85
  • Tax Tract Number: 3411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Estrada Jorge and Estrada Lisette
Bought by
Estrada Living Trust and Estrada
Current Estimated Value
$777,323

Purchase Details

Closed on
Jul 11, 2019
Sold by
Estrada Jorge
Bought by
Estrada Jorge and Estrada Lisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Silva Guadalupe and Estrada Lisette
Bought by
Estrada Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2014
Sold by
Silva Guadalupe
Bought by
Silva Guadalupe and Estrada Jorge

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 19, 2012
Sold by
Silva Salvador
Bought by
Silva Guadalupe
Seller's Agent
Socorro Villa
SRV Real Estate Services Inc
Buyer's Agent
Jorge Estrada
Estrada Real Estate Group
List Price
$220,000
Sold Price
$290,000
Premium/Discount to List
$70,000
31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$217,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 15, 2012
Sold by
Villalobos Lorena
Bought by
Silva Guadalupe
Seller's Agent
Socorro Villa
SRV Real Estate Services Inc
Buyer's Agent
Jorge Estrada
Estrada Real Estate Group
List Price
$220,000
Sold Price
$290,000
Premium/Discount to List
$70,000
31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2007
Sold by
Villalobos Ernesto
Bought by
Villalobos Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Gonzalez Esperanza M and Esperanza M Gonzalez Revocable
Bought by
Villalobos Ernesto and Villalobos Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,920
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Estrada Living Trust -- None Listed On Document
Estrada Jorge -- Lawyers Title
Estrada Jorge -- Pacific Coast Title Company
Silva Guadalupe -- None Available
Silva Guadalupe -- Chicago Title
Silva Guadalupe $290,000 Chicago Title
Villalobos Lorena -- Old Republic Title Company
Villalobos Ernesto $460,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrada Jorge $300,000
Previous Owner Estrada Jorge $215,000
Previous Owner Silva Guadalupe $217,500
Previous Owner Villalobos Lorena $472,500
Previous Owner Villalobos Ernesto $367,920
Closed Villalobos Ernesto $91,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2012 06/26/12 Sold $290,000 +31.8% $145,000 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $220,000 -- $110,000 / 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 $5,030 $364,243 $185,888 $178,355
2024 $5,030 $357,102 $182,244 $174,858
2023 $4,945 $350,101 $178,671 $171,430
2022 $4,720 $343,237 $175,168 $168,069
2021 $4,542 $336,508 $171,734 $164,774
2020 $4,572 $333,059 $169,974 $163,085
2019 $4,400 $326,530 $166,642 $159,888
2018 $4,256 $320,128 $163,375 $156,753
2016 $4,054 $307,699 $157,032 $150,667
2015 $4,071 $303,078 $154,674 $148,404
2014 -- $297,142 $151,645 $145,497
Source: Public Records

Agents Affiliated with this Home

  • Socorro Villa

    Seller's Agent in 2012

    Socorro Villa

    SRV Real Estate Services Inc

    5 Total Sales

    Socorro Villa
    Section Image

  • J

    Buyer's Agent in 2012

    Jorge Estrada

    Estrada Real Estate Group

    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P818780

California Regional Multiple Listing Service (CRMLS)

APN: 6215-011-012

California Los Angeles County South Gate

90280

This home since 06 April 2012 and is currently estimated at $777,323, approximately $388,661 per square foot. This property was built in 1962. This home is a home located in Los Angeles County with nearby schools including South Gate Middle School, Southeast Middle School, and South Gate High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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