NOT LISTED FOR SALE

2400 Commerce Way Commerce, CA 90040

Estimated Value: $714,000 - $917,000

4 Beds
2 Baths
1,592 Sq Ft
$508/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $395,000 $248 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,906/month

129 Days on Market

Highlights

  • Fireplace in Bathroom
  • Neighborhood Views
  • Wall Furnace
  • Wood Flooring
  • Laundry Room
  • 1-minute walk to Rosewood Park

About This Home

As of April 2015

LOCAION, LOCATION, LOCATION LOCATED IN THE CITY OF COMMERCE. ACROSS THE STREET FROM " ROSEWOOD PARK AND ELEMENTARY"WALK TO THE PARK AND SCHOOL. GREAT CURB APPEAL AND PROXIMITY TO ALL SUPPORTING AND TRANSPORTATION FACILITIES. FULLY OCCUPIED UNITS WITH LONG TERM TENANCY, THIS IS A GREAT OPPORTUNITY, LOCATED IN COMMERCE GREAT FOR ALL FACETS AND INVESTMENTS. JUST SOUTH OF 5 FWY, AND NORTH OF WASHINGTON BLVD. OPEN PARKING ON SITE ACCESS VIA HARBOR ST. **** BACK ON THE MARKET****
BUYER COULD NOT PERFORM.... 12/14

Last Agent to Sell the Property

Hector Perez

Berkshire Hathaway HomeServices California Properties License #01240396 Listed on: 12/09/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Hector Perez

Berkshire Hathaway HomeServices California Properties License #01240396 Listed on: 12/09/2014

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 1945

Lot Details

  • 5,947 Sq Ft Lot
  • No Common Walls

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Parking

  • Parking Available
  • Uncovered Parking

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 194
  • Tax Tract Number 10556
  • Assessor Parcel Number 6334002022

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $150
  • Gross Income $2,200

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,951

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626 926 4838
  • Other Phone Number: 626 926 4838
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 6334002022
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 248.12
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

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

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Size: SEE PLAT
  • Lot Size Sq Ft: 5947.00
  • Lot Size Acres: 0.1370

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 150.00
  • Lot Size Area: 5947.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 350.00
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • Tax Lot: 194
  • Tax Tract Number: 10556
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2016
Sold by
Gonzalez Ruben and Gonzalez Joelle Elizabeth
Bought by
Ruben & Joelle Gonzalez Family Trust
Current Estimated Value
$809,338

Purchase Details

Listed on
Dec 9, 2014
Closed on
Feb 11, 2015
Sold by
Fuentes Sylvia and Madrid Sylvia F
Bought by
Gonzalez Ruben and Gonzalez Joelle Elizabeth
Seller's Agent
Hector Perez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Hector Perez
Berkshire Hathaway HomeServices California Properties
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$195,000
Interest Rate
3.76%
Mortgage Type
New Conventional
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
Ruben & Joelle Gonzalez Family Trust -- None Available
Gonzalez Ruben $395,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Ruben $195,000
Previous Owner Madrid Sylvia F $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $395,000 -1.0% $248 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
09/27/2014 09/27/14 For Sale $399,000 -- $251 / 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 $5,951 $474,721 $211,522 $263,199
2024 $5,951 $465,414 $207,375 $258,039
2023 $5,963 $456,289 $203,309 $252,980
2022 $5,755 $447,343 $199,323 $248,020
2021 $5,556 $438,572 $195,415 $243,157
2019 $5,341 $425,566 $189,620 $235,946
2018 $5,429 $417,222 $185,902 $231,320
2016 $5,189 $401,023 $178,684 $222,339
2015 $1,018 $52,633 $23,435 $29,198
2014 $1,018 $51,603 $22,976 $28,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14208443

California Regional Multiple Listing Service (CRMLS)

APN: 6334-002-022