NOT LISTED FOR SALE

2330 Ayers Ave Commerce, CA 90040

Estimated Value: $586,000 - $674,000

2 Beds
2 Baths
1,049 Sq Ft
$598/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $212,500 $203 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $3,572/month

80 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2014

BIG Price Drop !!First time on the market! Duplex with long term tenants in the city of Commerce. Each unit has washer and dryer hook ups, per seller units are not under rent control. Property also has a rear one car garage not being used. Buyer to verify zoning and allowed use with city. Property is perfect for first time investor. Please do not disturb tenants.

Last Agent to Sell the Property

Greg Engel

CENTURY 21 EXPERIENCE License #01428024 Listed on: 09/27/2013

CENTURY 21 EXPERIENCE

Last Buyer's Agent

Pat Szmagalski

Excellence RE Real Estate, Inc. License #01432713

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 2,392 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,049 Sq Ft Home
  • Carpet
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Shared Septic

Listing and Financial Details

  • Tax Lot 704
  • Assessor Parcel Number 5243025020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $250
  • Gross Income $1,550
  • Net Operating Income $17,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5243025020
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 202.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2392.00
  • Lot Size Acres: 0.0550

Multi Family

  • Gross Income: 1550.00
  • Gross Scheduled Income: 18600.00
  • Lot Size Area: 2392.0000 Square Feet
  • Maintenance Expense: 250.00
  • Net Operating Income: 17200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1400.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 704
  • Tax Tract Number: 8O47
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Jan 2, 2014
Sold by
Moreno Sonia Loreno
Bought by
Moreno Ruben
Seller's Agent
Greg Engel
CENTURY 21 EXPERIENCE
Buyer's Agent
Pat Szmagalski
Excellence RE Real Estate, Inc.
List Price
$299,999
Sold Price
$212,500
Premium/Discount to List
-$87,499
-29.17%
Current Estimated Value
$627,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,620
Avg. Annual Appreciation
9.50%
Original Mortgage
$148,750
Outstanding Balance
$112,008
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$515,112

Purchase Details

Listed on
Sep 27, 2013
Closed on
Dec 13, 2013
Sold by
Sosa Aguilar Maria S
Bought by
Moreno Ruben
Seller's Agent
Greg Engel
CENTURY 21 EXPERIENCE
Buyer's Agent
Pat Szmagalski
Excellence RE Real Estate, Inc.
List Price
$299,999
Sold Price
$212,500
Premium/Discount to List
-$87,499
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Outstanding Balance
$112,008
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$515,112

Purchase Details

Closed on
May 11, 2005
Sold by
Sosa Aguilar Maria S and Agustin Sosa Living Trust 2004
Bought by
Sosa Aguilar Maria S

Purchase Details

Closed on
Nov 24, 2004
Sold by
Sosa Augustin D
Bought by
Sosa Agustin D and Agustin Sosa Living Trust 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moreno Ruben -- First American Title Company
Sosa Aguilar Maria S -- First American Title Company
Moreno Ruben $212,500 First American Title Company
Sosa Aguilar Maria S -- --
Sosa Agustin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Ruben $148,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2014 01/27/14 Sold $212,500 -29.2% $203 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $299,999 -- $286 / 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 $3,447 $260,485 $209,004 $51,481
2024 $3,447 $255,378 $204,906 $50,472
2023 $3,451 $250,372 $200,889 $49,483
2022 $3,333 $245,463 $196,950 $48,513
2021 $3,220 $240,651 $193,089 $47,562
2019 $3,099 $233,515 $187,363 $46,152
2018 $3,144 $228,938 $183,690 $45,248
2016 $3,004 $220,050 $176,558 $43,492
2015 $2,829 $216,745 $173,906 $42,839
2014 $698 $26,749 $5,577 $21,172
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Greg Engel

    CENTURY 21 EXPERIENCE

    Section Image

  • P

    Buyer's Agent in 2014

    Pat Szmagalski

    Excellence RE Real Estate, Inc.

    (562) 412-2501

    12 Total Sales

    Pat Szmagalski
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13200830

California Regional Multiple Listing Service (CRMLS)

APN: 5243-025-020

California Los Angeles County Commerce 90023

2330 Ayers Ave, Commerce, CA

Not Listed for Sale

MultiFamily

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