NOT LISTED FOR SALE

1515 S Mcbride Ave Commerce, CA 90040

Estimated Value: $820,000 - $898,000

4 Beds
2 Baths
1,773 Sq Ft
$490/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $555,000 $313 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,277/month

10 Days on Market

About This Home

As of February 2019

2 Houses on a Lot in Commerce!! This is a great duplex featuring 2 beds / 1 bath with 848 sqft of living space in the front house, and 2 beds/1 bath with 925 sqft of living space for the house in the rear. Both units have a good size living room, dining area and kitchen. This is the perfect opportunity to live in one and rent the other. No rent control. Located near the 5, 710, and 60 freeways. Near shopping centers, restaurants, schools and public transportation.

Last Agent to Sell the Property

Pedro Camalich

eXp Realty of California Inc License #01912729 Listed on: 07/27/2018

eXp Realty of California Inc

Last Buyer's Agent

Jaime Sundahl

License #01920012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,865

Year Built

  • Built in 1962

Lot Details

  • 7,040 Sq Ft Lot

Home Design

  • 1,773 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5244-004-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,865

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: 2 Houses on a Lot in Commerce!! This is a great duplex featuring 2 beds / 1 bath with 848 sqft of living space in the front house, and 2 beds/1 bath with 925 sqft of living space for the house in the rear. Both units have a good size living room, dining area and kitchen. This is the perfect opportunity to live in one and rent the other. No rent control. Located near the 5, 710, and 60 freeways. Near shopping centers, restaurants, schools and public transportation.
  • Living Area: 1773
  • Probate: Yes
  • Year Built: 1962
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 310.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 26804
  • Assessed Land Value: 17718
  • Assessor Parcel Number: 5244-004-021
  • Geocode Override: No
  • Lot Size Area: 7040

Rental Info

  • Court Approve: No
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.91
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 10330
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2021
Sold by
Castillo Maria Lourdes
Bought by
Castillo Maria Lourdes
Current Estimated Value
$848,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Outstanding Balance
$388,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$479,397

Purchase Details

Listed on
Jul 27, 2018
Closed on
Feb 12, 2019
Sold by
Verdin Javier V and Verdin Ruben
Bought by
Castillo Maria Lourdes
Seller's Agent
Pedro Camalich
eXp Realty of California Inc
Buyer's Agent
Jaime Sundahl
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$416,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2017
Sold by
Verdin Roberto and Verdin Teresa
Bought by
Verdin Roberto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 14, 2015
Sold by
Verdin Roberto and Verdin Ruben
Bought by
Verdin Roberto and Verdin Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
Verdin Roberto
Bought by
Verdin Roberto and Verdin Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 2008
Sold by
Verdin Ruben and Verdin Teresa
Bought by
Verdin Roberto and Verdin Edith

Purchase Details

Closed on
May 18, 2007
Sold by
Verdin Roberto and Verdin Edith
Bought by
Verdin Ruben and Verdin Teresa

Purchase Details

Closed on
Jul 21, 1994
Sold by
Verdin Edith
Bought by
Verdin Roberto and Verdin Edith

Purchase Details

Closed on
Mar 15, 1994
Sold by
Verdin Roberto and Verdin Edith
Bought by
Verdin Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
7%
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
Castillo Maria Lourdes -- Old Republic Title Company
Castillo Maria Lourdes $555,000 Chicago Title
Verdin Roberto M -- Premium Title Of California
Verdin Roberto -- Bnt Title Company Of Ca
Verdin Roberto -- None Available
Verdin Ruben -- None Available
Verdin Roberto -- None Available
Verdin Ruben -- None Available
Verdin Ruben -- None Available
Verdin Roberto -- --
Verdin Edith -- First American Title Co
Verdin Edith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Maria Lourdes $458,000
Closed Castillo Maria Lourdes $450,000
Closed Castillo Maria Lourdes $416,250
Previous Owner Verdin Roberto M $682,500
Previous Owner Verdin Roberto $205,000
Previous Owner Verdin Roberto $100,000
Previous Owner Verdin Edith $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $555,000 +0.9% $313 / Sq Ft
07/27/2018 07/27/18 For Sale $549,900 -- $310 / Sq Ft
Source: The MLS

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 $7,865 $619,108 $396,007 $223,101
2024 $7,865 $606,970 $388,243 $218,727
2023 $7,729 $595,070 $380,631 $214,439
2022 $7,354 $583,403 $373,168 $210,235
2021 $7,268 $571,964 $365,851 $206,113
2020 $7,327 $566,100 $362,100 $204,000
2019 $6,813 $535,500 $255,000 $280,500
2018 $932 $45,412 $18,072 $27,340
2016 $870 $43,650 $17,371 $26,279
2015 $856 $42,996 $17,111 $25,885
2014 -- $42,154 $16,776 $25,378
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Pedro Camalich

    eXp Realty of California Inc

    Section Image

  • J

    Buyer's Agent in 2019

    Jaime Sundahl

  • W

    Buyer's Agent in 2019

    William Bamish

See All Agents

Map

Source: The MLS

MLS Number: 18-369718

The MLS

APN: 5244-004-021

California Los Angeles County Commerce 90040

1515 S Mcbride Ave, Commerce, CA

This home is located at 1515 S Mcbride Ave, Commerce, CA 90040 since 27 July 2018 and is currently estimated at $868,247, approximately $489 per square foot. This property was built in 1962. 1515 S Mcbride Ave is a home located in Los Angeles County with nearby schools including Ford Boulevard Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

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