NOT LISTED FOR SALE

1546 S Eastern Ave Commerce, CA 90040

Estimated Value: $895,000 - $933,334

4 Beds
3 Baths
1,786 Sq Ft
$509/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $860,000 $482 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,671/month

4 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Living Room
  • Bonus Room
  • No HOA
  • Laundry Room

About This Home

As of August 2022

three singles units with individual entrance, freshly painted, newly remodeled, new roof, plumbing, electrical and granite counters. It has 3 electrical and gas meters, 3 garage spaces, and 2 carport spaces. Great investment for Landlord, total rent income is $5,322 (unit#1 $2,000, Unit #2 $1,800, and unit#3 $1,800). Unit #3 has a bonus room with no permits. Listing agent is a family member. Sold As is , in present condition & no repairs.

Last Agent to Sell the Property

Jose Rodriguez

High Ten Partners, Inc. License #01882888 Listed on: 06/09/2022

High Ten Partners, Inc.

Last Buyer's Agent

Jose Aguilar

Excellence RE Real Estate License #01701899

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,671 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,786 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Bonus Room
  • Fire and Smoke Detector
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 254
  • Tax Tract Number 5100
  • Assessor Parcel Number 5241030010

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,500
  • New Taxes Expense $8,159
  • Operating Expense $2,880
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: CMM1*
  • Property Type: Residential Income
  • Parcel Number: 5241030010
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Unfurnished
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 481.52
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry, Living Room
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6671.00
  • Lot Size Acres: 0.1531

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 5322.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6671.0000 Square Feet
  • Net Operating Income: 61200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2880.00
  • Rent Control: No
  • Total Expenses: 2880.00

Tax Info

  • New Taxes Expense: 8159.00
  • Tax Census Tract: 5323.02
  • Tax Lot: 254
  • Tax Tract Number: 5100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 26, 2022
Sold by
Manuel Rodriguez
Bought by
Becerra Raul Castillo and Delgadillo Gema
Seller's Agent
Jose Rodriguez
High Ten Partners, Inc.
Buyer's Agent
Jose Aguilar
Excellence RE Real Estate
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$909,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,834
Avg. Annual Appreciation
1.63%
Original Mortgage
$490,000
Outstanding Balance
$469,451
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$440,383

Purchase Details

Listed on
Jan 20, 2019
Closed on
May 21, 2019
Sold by
Charitan Maria De Los Angeles and Charitan Maria
Bought by
Rodriguez Manuel
Seller's Agent
Melissa Gomez
American Beachside Brokers
Buyer's Agent
Melissa Gomez
American Beachside Brokers
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$210,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2001
Sold by
Lemus Anita
Bought by
Lemus Anita and The Anita Lemus Revocable Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Becerra Raul Castillo $860,000 New Title Company Name
Rodriguez Manuel $610,000 Old Republic Title
Lemus Anita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becerra Raul Castillo $490,000
Previous Owner Rodriguez Manuel $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2022 08/02/22 Sold $860,000 0.0% $482 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $860,000 +41.0% $482 / Sq Ft
06/24/2019 06/24/19 Sold $610,000 -1.6% $342 / Sq Ft View Prior Sale
02/19/2019 02/19/19 Price Changed $619,888 +3.5% $347 / Sq Ft
01/20/2019 01/20/19 For Sale $599,000 -- $335 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,247 $894,744 $520,200 $374,544
2024 $11,247 $877,200 $510,000 $367,200
2023 $11,049 $860,000 $500,000 $360,000
2022 $8,190 $641,217 $448,853 $192,364
2021 $8,094 $628,645 $440,052 $188,593
2020 $8,159 $622,200 $435,540 $186,660
2019 $4,838 $350,312 $210,826 $139,486
2018 $4,691 $343,444 $206,693 $136,751
2016 $4,482 $330,110 $198,668 $131,442
2015 $4,409 $325,152 $195,684 $129,468
2014 $4,418 $318,783 $191,851 $126,932
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22124914

California Regional Multiple Listing Service (CRMLS)

APN: 5241-030-010