NOT LISTED FOR SALE

2536 Commerce Way Commerce, CA 90040

Estimated Value: $718,000 - $816,932

4 Beds
2 Baths
1,592 Sq Ft
$478/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $650,000 $408 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,740/month

36 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 5-minute walk to Rosewood Park

About This Home

As of December 2022

Probate sale subject to court approval. Perfect opportunity to own 2 units in a great location. Each unit features 2 beds and 1 bath, with laundry hookups inside and one uncovered parking space with alley access. Located across from the City hall, park, public pool, and gym. Close to transportation, shopping, and freeway access.

Last Agent to Sell the Property

Christian Flores

Re/Max Top Producers License #01749345 Listed on: 10/11/2022

Re/Max Top Producers

Last Buyer's Agent

Christian Flores

Re/Max Top Producers License #01749345 Listed on: 10/11/2022

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,237

Year Built

  • Built in 1944

Lot Details

  • 5,642 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 1,592 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 176
  • Tax Tract Number 10556
  • Assessor Parcel Number 6334003015
  • $580 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Professional Management Expense $2,064
  • Trash Expense $560
  • Water Sewer Expense $1,000
  • Operating Expense $4,624
  • Gross Income $30,096
  • Net Operating Income $25,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,237

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Price Per Unit: 324950
  • Professional Management Expense: 2064.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: CMR3YY
  • Property Type: Residential Income
  • Parcel Number: 6334003015
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 408.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 560.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5642.00
  • Lot Size Acres: 0.1295

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 30096.00
  • Gross Scheduled Income: 30096.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5642.0000 Square Feet
  • Net Operating Income: 25472.00
  • 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: 4624.00
  • Rent Control: No
  • Total Actual Rent: 2508.00
  • Total Expenses: 4624.00

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 176
  • Tax Tract Number: 10556
  • TaxOtherAnnualAssessmentAmount: 580.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Vandensteen Nazaria Reynoso
Bought by
Nazaria Reynoso Trust and Vandensteen
Current Estimated Value
$740,478

Purchase Details

Closed on
Oct 25, 2022
Sold by
Martinez Aurora Figueroa
Bought by
Vandersteen Nazaria Reynoso
Source: Public Records

Range of Values:

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
Nazaria Reynoso Trust -- None Listed On Document
Vandersteen Nazaria Reynoso $650,000 Chicago Title
Vandensteen Nazaria Reynoso -- Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $650,000 0.0% $408 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $649,900 0.0% $408 / Sq Ft
10/18/2022 10/18/22 Off Market $650,000 -- --
10/11/2022 10/11/22 For Sale $649,900 -- $408 / 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 $8,237 $676,260 $494,190 $182,070
2024 $8,237 $663,000 $484,500 $178,500
2023 $8,255 $650,000 $475,000 $175,000
2022 $1,492 $77,448 $33,504 $43,944
2021 $1,444 $75,931 $32,848 $43,083
2019 $1,400 $73,681 $31,875 $41,806
2018 $1,325 $72,237 $31,250 $40,987
2016 $1,253 $69,435 $30,038 $39,397
2015 $1,193 $68,393 $29,587 $38,806
2014 $1,191 $67,054 $29,008 $38,046
Source: Public Records

Agents Affiliated with this Home

  • Christian Flores

    Seller's Agent in 2022

    Christian Flores

    RE/MAX

    (562) 965-9663

    1 in this area

    66 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22220070

California Regional Multiple Listing Service (CRMLS)

APN: 6334-003-015

California Los Angeles County Commerce 90040

2536 Commerce Way, Commerce, CA

This home is located at 2536 Commerce Way, Commerce, CA 90040 since 11 October 2022 and is currently estimated at $760,483, approximately $477 per square foot. This property was built in 1944. 2536 Commerce Way is a home located in Los Angeles County with nearby schools including Rosewood Park School, Bell Gardens High, and KIPP Raices Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes