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8162 Elizabeth Avenue

8162 Elizabeth Avenue, South Gate, CA 90280
Multifamily in South Gate
8162 Elizabeth Avenue has been categorized by the local assessors in South Gate, CA as a residential type of property. The building on the property was first built in 1922 and is 102 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8162 Elizabeth Avenue has 1,844 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,661 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8162 Elizabeth Avenue was last sold in Oct 31, 2006 for $625,000. According to our calculations, that's $338.94 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Feb 11, 2000. Current property owners are expected to pay $8,196 in taxes per year. The property on 8162 Elizabeth Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $656,984. To break that down further, the land itself was valued at $376,320. While improvements to the property were assessed at a total of $280,664. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190417
04/17/2019
Studio
-
-
$625,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,661
  • Total Building Area: 1,844
  • Gross Building Area: 1,973
  • Building Area: 1,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3254
  • Land Acres: 0.153
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 3254 N 40 FT OF LOT/SEC 31

Ownership

  • Current Owner : ALVARADO PEDRO
  • Current Owner 2: ALVARADO VERONICA
  • Previous Owner : MOTO MARTHA
  • Owner Before Previous Owner: WARMSIDE RENTALS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535701

Zoning

  • Zoning: SGR3YY

Geography

  • Assessors Map Reference: 59-B1
  • Subdivision Tract Number: 3254
  • Parcel: 6215-024-035
  • Lot: 31
  • Municipality: SOUTH /SOUTHGATE
  • Latitude: 33.9613
  • Longitude: -118.207

    Address

  • Full Address: 8162 Elizabeth Ave
  • Address - House Number: 8162
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: South Gate
  • Carrier Code: C004
  • 4-Digit Zip Code: 2403
  • Zip Code: 90280

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,196
  • Tax Rate Code Area: 00-664

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 791,271
  • High Value: 968,444
  • Low Value: 614,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jun 28, 2021
  • First Open Lien Mortgage Loan Amount: $495,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,984
  • Assessed Land Value: $376,320
  • Assessed Improvements Value: $280,664

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2006
  • Current Sale Recording Date: Dec 11, 2006
  • Current Sale Transaction ID: 1016501861
  • Current Sale Price: $625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2735961
  • Previous Sale Recording Date: Apr 03, 2000
  • Previous Sale Contract Date: Feb 11, 2000
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMC MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 11, 2006
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DYNAMIC INVESTMENTS INC
  • Previous Mortgage Transaction Date: Apr 03, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $226,492
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2030

About South Gate



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Nearby Rentals

Unit for rent at

$1,485 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 8162 Elizabeth Avenue located in?
The 8162 Elizabeth Avenue is a multifamily located in the neighborhood of South Gate in South Gate, South Gate.
What is the average sales price for listings in 8162 Elizabeth Avenue?
The average sales price for units in 8162 Elizabeth Avenue is $0 currently.

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