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Sold for $1,045,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 626-427-0786
    Bought with: RE/MAX 2000 REALTY
    Tax assessed value
    $1,045,000

    9616 San Juan Ave, South Gate, CA 90280

    8beds
    4baths
    3,096sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,168,800 Zestimate®
    $338/sqft
    $2,509 Estimated rent

    Home value

    $1,168,800

    $1.05M - $1.30M

    $2,509/mo

    Zestimate® history
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    What's special

    Ample onsite parkingOnsite laundry room
    We are pleased to exclusively offer for sale this 4-Unit multi-family investment property in the city of South Gate. The subject property offers one charming 2-bed/1-bath detached cottage, complemented by three additional 2-bed/1-bath units, collectively offering 3,096 square feet of rental space on a generous 7,243 square foot lot. Each unit is thoughtfully designed to maximize space and comfort, ensuring a pleasant living environment for tenants. The property boasts ample onsite parking, including both garage and carport options, addressing a crucial need for urban living, and adding considerable value for tenants. Each unit is separately metered for electricity and gas while the owner pays for water and trash. This arrangement not only limits the investor’s utility costs, but also encourages conservation among tenants, enhancing the property's appeal. An additional highlight is the onsite laundry room, and although currently closed, presents a lucrative opportunity for added income for the next investor. The property stands out with a remarkable 40% upside in rental rates, signaling great potential for growth in rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV24034760MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,096
    • Total interior livable area: 3,096 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage, Carport
    • Garage spaces: 3
    • Carport spaces: 1
    • Covered spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,243 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 6203014014
    • Zoning: SGR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: South Gate

    Financial & listing details

    • Price per square foot: $338/sqft
    • Tax assessed value: $1,045,000
    • Annual tax amount: $13,708
    • Date on market: 2/19/2024
    • Cumulative days on market: 51 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/16/2024Sold$1,045,000-4.6%$338/sqft
    Source: CRMLS #CV24034760 Report a problem
    6/26/2024Pending sale$1,095,000$354/sqft
    Source: CRMLS #CV24034760 Report a problem
    6/19/2024Listed for sale$1,095,000+44.8%$354/sqft
    Source: CRMLS #CV24034760 Report a problem
    7/22/2020Sold$756,000+37.5%$244/sqft
    Source: CRMLS #OC20124743 Report a problem
    7/3/2020Pending sale$549,999$178/sqft
    Source: RE/MAX Fine Homes #OC20124743 Report a problem
    6/27/2020Listed for sale$549,999$178/sqft
    Source: RE/MAX Fine Homes #OC20124743 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,708 +2%$1,045,000 +1.2%
    2024$13,440 +1.8%$1,032,553 +2%
    2023$13,206 +5.1%$1,012,308 +2%
    2022$12,572 +1.2%$992,460 +2%
    2021$12,422 +373.3%$973,000 +667.9%
    2020$2,624 $126,702 +2%
    2019$2,624 +10.4%$124,219 +2%
    2018$2,377 $121,784 +2%
    2017$2,377 +2%$119,397 +2%
    2016$2,330 +4.1%$117,057 +1.5%
    2015$2,239 +0.8%$115,299 +2%
    2014$2,221 $113,041 +2.5%
    2012-- $110,325 +2.5%
    2009-- $107,611 +2%
    2008-- $105,502 +4%
    2006-- $101,407
    2005-- $101,407 +6%
    2003-- $95,686 +2%
    2002-- $93,811 +4%
    2000-- $90,170
    Find assessor info on the county website

    Neighborhood: 90280

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,168,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,168,800