NOT LISTED FOR SALE

1543 Yates Ave Commerce, CA 90022

Estimated Value: $725,000 - $976,617

5 Beds
2 Baths
1,903 Sq Ft
$443/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $250,000 $131 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $5,435/month

4 Days on Market

Highlights

  • Bungalow
  • 5-minute walk to Montebello/Commerce
  • No Heating
  • Wood Siding

About This Home

As of January 2013

GREAT PIECE OF PROPERTY WITH TWO UNITS. A 3 BR & 2 BA. AND A 2 BR 1 BA. ENDLESS POSSIBILITIES, CENTRALLY LOCATED AND CLOSE TO EVERYTHING.

Last Agent to Sell the Property

Armondo Garcia

Conolan Realty License #01241876 Listed on: 10/04/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,390

Parking

  • 4 Parking Spaces

Home Design

  • 1,903 Sq Ft Home
  • Bungalow
  • Wood Siding
  • Stucco

Additional Features

  • 7,390 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 8967

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Year Built: 1955
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 131.37

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7390.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7390.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 6518
  • Tax Lot: 118
  • Tax Tract Number: 8967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2006
Sold by
Ruiz Louis V
Bought by
Ochoa Francisco
Current Estimated Value
$887,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$292,894
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$549,510

Purchase Details

Closed on
Jun 8, 2005
Sold by
Lara Rebecca S and Estate Of Lazaro & Mary V Lara
Bought by
Ruiz Louis V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 2005
Sold by
Uribe Rebecca
Bought by
Ruiz Louis V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
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
Ochoa Francisco $615,000 Investors Title Company
Ruiz Louis V $455,000 First American Title Co
Ruiz Louis V -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Francisco $492,000
Previous Owner Ruiz Louis V $318,500
Previous Owner Ruiz Louis V $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $250,000 0.0% $131 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $250,000 -- $131 / 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 $10,068 $823,953 $582,801 $241,152
2024 $9,873 $807,798 $571,374 $236,424
2023 $9,894 $791,960 $560,171 $231,789
2022 $9,543 $776,433 $549,188 $227,245
2021 $9,209 $761,210 $538,420 $222,790
2020 $9,140 $753,406 $532,900 $220,506
2019 $8,842 $738,634 $522,451 $216,183
2018 $9,020 $724,152 $512,207 $211,945
2016 $8,627 $696,034 $492,318 $203,716
2015 $8,089 $685,579 $484,923 $200,656
2014 $7,980 $672,151 $475,425 $196,726
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Armondo Garcia

    Conolan Realty

    (310) 464-7320

    6 Total Sales

    Armondo Garcia
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1205267

California Regional Multiple Listing Service (CRMLS)

APN: 6351-040-019

California Los Angeles County Commerce 90022

1543 Yates Ave, Commerce, CA

Not Listed for Sale

MultiFamily

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