2420 Iowa Ave South Gate, CA 90280

$460,000 Sold Price as of 03/17/2008

6 Beds
6 Baths
2,688 Sq.Ft.

Off Market

$460,000 Sold Price as of 03/17/2008 Refinance Your Mortgage

Map preview of 2420 Iowa Ave, South Gate, CA 90280

Property Overview: 2420 Iowa Ave South Gate, CA has 6 bedrooms, 6 bathrooms, 2,688 living square feet and 7,157 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2420 Iowa Ave is currently an off market home in the city of South Gate. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of South Gate has a median list price of $699,000. The median price per/sqft for South Gate is $538. With those numbers in mind, if you are looking to purchase a median priced home in South Gate, CA and put 20% down you will need to save up $139,800 for the down payment and will need roughly $13,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in South Gate the commission could be as much as $32,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2420 Iowa Ave

Last sold for $460,000 on March 17th, 2008

August, 2023
Aug 2, 2023

Date

Expired

CRMLS: DW23015319

$899,900

Price
Jan 27, 2023

Date

Active

CRMLS: DW23015319

$899,900

Price
Listing provided courtesy of CRMLS

ATTENTION First Time Buyers or investors. 4 Legal Units currently being used as five units. The property is located on a corner lot. Great investment opportunity! One unit is 2-bedroom two bathrooms with bonus room and all of the other units are studio apartments. The property has 3, 2 car garages attached, four gas meters and four electric meters. Rents have plenty of growth potential. live in one unit and rent the other three or if you're an investor don't miss this rare opportunity

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April, 2022
Apr 5, 2022

Date

Hold

CRMLS: PW22020372

$850,000

Price
Feb 2, 2022

Date

Active

CRMLS: PW22020372

$850,000

Price
Listing provided courtesy of CRMLS

ATTENTION ALL INVESTORS. 4 Legal Units currently being used as 5 units. Property is located on a corner lot. Great investment opportunity! All units are currently rented generating $5,595/month (1:$995 2:$975 3:$975 4:$850 5:$1800) One unit is a 2 bedroom 2 bathroom with bonus room. ALL of the other units are studio apartments. Property has 3, 2 car garages attached, 4 gas meters and 4 electric meters. A new rental increase for all units is due in March 2022. Rents have plenty of growth potential.

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August, 2020
Aug 14, 2020

Date

Canceled

CRMLS: PW19275277

$749,999

Price
Jan 22, 2020

Date

Price Change

CRMLS: PW19275277

$749,999

Price
Dec 4, 2019

Date

Active

CRMLS: PW19275277

$799,999

Price
Listing provided courtesy of CRMLS

4 Legal Units currently being used as 5 units. Property is located on a corner lot. Great investment opportunity, All units are currently rented generating $5000/month. 1st unit is 3 bedroom 2 baths, 2nd unit is 1 bedroom 1 bath and the rest of the units are studios. Each unit has its own garage. Property has 4 gas and electric meters. Rents have plenty of growth potential.

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August, 2020
Aug 14, 2020

Date

Canceled

CRMLS: PW19271758

$749,999

Price
Jan 22, 2020

Date

Price Change

CRMLS: PW19271758

$749,999

Price
Nov 26, 2019

Date

Active

CRMLS: PW19271758

$799,999

Price
Listing provided courtesy of CRMLS

4 Legal Units currently being used as 5 units. Property is located on a corner lot. Great investment opportunity, All units are currently rented generating $4856/month (1:$887 2:$813 3:$895 4:$761 5:$1500) 1st unit is 3 bedroom 2 baths, 2nd unit is 1 bedroom 1 bath and the rest of the units are studios. Each unit has its own garage. Property has 4 gas and electric meters. Rents have plenty of growth potential.

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March, 2008
Mar 17, 2008

Date

Sold (Public Records)

Public Records

$460,000

Price
October, 2007
Oct 22, 2007

Date

Sold (Public Records)

Public Records

$533,985

Price

Tax History for 2420 Iowa Ave

Assessed Value (2020): $721,276

Year	Land Value	Improved Value	Assessed Value
2020	$384,329	$336,947	$721,276

About 2420 Iowa Ave

Detailed summary of property

2420 Iowa Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in South Gate, CA 90280 and last sold on March 17, 2008 for $460,000. This property has 6 bedrooms, 6 bathrooms, roughly 2,688 living square feet, and sits on an approximately 7,157 square foot lot. Homes in South Gate are selling for a median price of $655,000 and a median price per square foot of $475. Based on Ardent Real Estate Group's South Gate Market Data, this home is sold 29.77% lower than the current median priced home. 2420 Iowa Ave was last sold on March 17, 2008 for $460,000. Local nearby listings include 1716 E 107th St, 2537 S Santa Ana and 8718 John Ave. The average home in South Gate, CA is selling in 84 days. There are currently 42 homes for sale in the South Gate real estate market and 39 of them are single family homes while 1 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 2420 Iowa Ave South Gate, CA 90280 contact Ardent Real Estate Group and we will put you in touch with one of our South Gate agents.

Public Facts for 2420 Iowa Ave

Public county record property details

Beds: 6
Baths: 6
Year built: 1953
Sq. Ft.: 2,688
Lot Size: 7,157
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 54
APN: 6205-027-015

The source for these homes facts are from public records.

90280 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$699,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$655,000

Median Sold Price/Sq.Ft.

$475

Total Inventory

Median Sale to List Price %

100.92%

Avg Days on Market

Loan Type

Conventional (8.33%), FHA (66.67%), VA (0%), Cash (0%), Other (25%)

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(714) 706-1823

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