NOT LISTED FOR SALE

1538 Denman Ave Commerce, CA 90022

Estimated Value: $645,000 - $854,000

3 Beds
2 Baths
1,303 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $499,000 $383 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,560/month

81 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Vinyl Flooring
  • Traditional Architecture
  • Laundry Room
  • Wall Furnace

About This Home

As of March 2019

Welcome to this charming duplex in the city of Commerce . This is perfect opportunity to live in one unit and rent out the other or rent both. Two separate units on 1 lot . The front is a 1 bedroom home that features a lovely kitchen with tons of character and spacious living room for lounging . The rear unit is a 2 bedroom and 1 bathroom home that welcomes with a spacious living room room. The kitchen has some improvements that were recently made . The 2 large bedrooms also boast wall to wall closet . Both units have private entrances , plus much more .

Last Agent to Sell the Property

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099 Listed on: 11/01/2018

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Madela Luz Zavala

First Team Real Estate License #02024462

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,821 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,303 Sq Ft Home
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tax Lot 0115
  • Tax Tract Number 8967
  • Assessor Parcel Number 6351040014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: No
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6351040014
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Price Per Square Foot: 382.96
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4821.00
  • Lot Size Acres: 0.1107

Multi Family

  • Gross Scheduled Income: 12000.00
  • Lot Size Area: 4821.0000 Square Feet
  • Net Operating Income: 12000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 0115
  • Tax Tract Number: 8967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Garcia Valentin and Hernandez Yenifer Cruz
Bought by
Garcia Valentin and Hernandez Yenifer Cruz
Current Estimated Value
$760,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,114
Outstanding Balance
$431,230
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$289,800

Purchase Details

Listed on
Nov 1, 2018
Closed on
Mar 14, 2019
Sold by
Garcia Valentin and Hernandez Yennifer Cruz
Bought by
Garcia Valentin and Hernandez Yenifer Cruz
Seller's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
Buyer's Agent
Madela Luz Zavala
First Team Real Estate
List Price
$500,000
Sold Price
$499,000
Premium/Discount to List
-$1,000
-0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$489,961
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 21, 2019
Sold by
Sanchez Bonifacio Hermelando and Galarza Maria Guadalupe
Bought by
Garcia Valentin and Hernandez Yenifer Cruz
Seller's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
Buyer's Agent
Madela Luz Zavala
First Team Real Estate
List Price
$500,000
Sold Price
$499,000
Premium/Discount to List
-$1,000
-0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,961
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2006
Sold by
Sanchez Bonifacio Hermelando
Bought by
Sanchez Bonifacio Hermelando and Galarza Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 27, 2001
Sold by
Martinez Cecilia and Nuno Juan Francisco
Bought by
Sanchez Bonifacio Hermelando and Galarza Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,539
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 1998
Sold by
Prieto Edward
Bought by
Martinez Cecilia and Nuno Juan Francisco
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Garcia Valentin -- Usa National Title Company
Garcia Valentin -- None Available
Garcia Valentin $499,000 Wfg Title Company Of Ca
Sanchez Bonifacio Hermelando -- Accommodation
Sanchez Bonifacio Hermelando -- Lawyers Title
Sanchez Bonifacio Hermelando $224,000 --
Martinez Cecilia -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Valentin $492,114
Previous Owner Garcia Valentin $489,961
Previous Owner Sanchez Bonifacio Hermelando $428,000
Previous Owner Sanchez Bonifacio Hermelando $220,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $499,000 0.0% $383 / Sq Ft
02/01/2019 02/01/19 Off Market $499,000 -- --
01/03/2019 01/03/19 Price Changed $499,000 -0.2% $383 / Sq Ft
11/01/2018 11/01/18 For Sale $500,000 -- $384 / 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 $6,939 $556,633 $390,426 $166,207
2024 $6,770 $545,720 $382,771 $162,949
2023 $6,782 $535,020 $375,266 $159,754
2022 $6,542 $524,530 $367,908 $156,622
2021 $6,315 $514,246 $360,695 $153,551
2020 $6,347 $508,974 $356,997 $151,977
2019 $5,666 $456,429 $326,282 $130,147
2018 $5,766 $447,481 $319,885 $127,596
2016 $5,516 $430,107 $307,464 $122,643
2015 $5,229 $428,057 $302,846 $125,211
2014 $5,164 $419,673 $296,914 $122,759
Source: Public Records

Agents Affiliated with this Home

  • Enrique Pintado

    Seller's Agent in 2019

    Enrique Pintado

    CENTURY 21 REALTY MASTERS

    (323) 722-7300

    41 Total Sales

    Enrique Pintado
    Section Image
  • Madela Luz Zavala

    Buyer's Agent in 2019

    Madela Luz Zavala

    First Team Real Estate

    (562) 440-0177

    60 Total Sales

    Madela Luz Zavala
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18279559

California Regional Multiple Listing Service (CRMLS)

APN: 6351-040-014

California Los Angeles County Commerce 90022

1538 Denman Ave, Commerce, CA

Not Listed for Sale

MultiFamily

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