NOT LISTED FOR SALE

2552 Commerce Way Commerce, CA 90040

Estimated Value: $694,000 - $838,000

4 Beds
2 Baths
1,592 Sq Ft
$493/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $450,000 $283 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,656/month

7 Days on Market

Highlights

  • Automatic Gate
  • Corner Lot
  • Fenced Yard
  • Property is near a park
  • Lawn
  • Laundry Room

About This Home

As of November 2016

Rare opportunity to own a well-maintained duplex on a large corner lot with easy access to one of the city's most splendid treasures, Rosewood Park, offering residents an array of outdoor activities and community resources. Both units consist of two bedrooms and one bath, spacious living area with lots of windows and natural light. Ideal property for an owner-user, relax in your tranquil garden oasis and enjoy dining al fresco in the exquisite, private patio. Conveniently located to schools, shopping, restaurants, and public transportation. This is a one-of-a-kind investment opportunity in the heart of City of Commerce.

Last Agent to Sell the Property

Hazel Perez

Douglas Elliman License #01905887 Listed on: 10/24/2016

Douglas Elliman

Last Buyer's Agent

Hector Perez

Coldwell Banker Envision License #01240396

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,162 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Lawn

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Automatic Gate
  • On-Street Parking

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 6334-003-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Exclusions: Potted Plants, Ask Listing Agent for Exclusion List for Each Unit
  • Living Area: 1592
  • Stories: 1
  • Year Built: 1944
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 2
  • Number Dishwasher: 0
  • Number Disposal: 2
  • Flooring: Carpet
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: In Unit, Inside
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 285.80

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 2
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 0
  • Number Rented Garages: 0
  • Parking Garage: Auto Driveway Gate, Carport, Gated, On street
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Security: Automatic Gate, Gated
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 27521
  • Assessed Land Value: 23792
  • Assessor Parcel Number: 6334-003-012
  • Geocode Override: No
  • Lot Description: Alley Paved, Automatic Gate, Curbs, Fenced, Fenced Yard, Front Yard, Landscaped, Lawn, Sidewalks, Yard
  • Lot Location: Alley Access, Corner Lot, Near Public Transit, Park Nearby
  • Lot Size Area: 6162

Rental Info

  • Number Leased: 2
  • Owner Pays: Electricity, Gardener, Gas, Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 0
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Nov 3, 2016
Sold by
Gonzales Delia S
Bought by
Gonzalez Elizabeth and Gonzalez Hilda
Seller's Agent
Hazel Perez
Douglas Elliman
Buyer's Agent
Hector Perez
Coldwell Banker Envision
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%
Current Estimated Value
$785,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,469
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Mata Raymond C
Bought by
Mata Raymond C and Gonzales Delia S

Purchase Details

Closed on
Mar 27, 2013
Sold by
Gonzales Ernest R
Bought by
Gonzales Delia S
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
Gonzalez Elizabeth $450,000 Fidelity National Title
Mata Raymond C -- None Available
Gonzales Delia S -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $450,000 -1.1% $283 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $455,000 -- $286 / Sq Ft
Source: The MLS

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 $6,496 $522,257 $313,355 $208,902
2024 $6,496 $512,017 $307,211 $204,806
2023 $6,509 $501,979 $301,188 $200,791
2022 $6,282 $492,137 $295,283 $196,854
2021 $6,064 $482,489 $289,494 $192,995
2020 $6,020 $477,543 $286,526 $191,017
2019 $5,828 $468,180 $280,908 $187,272
2018 $5,925 $459,000 $275,400 $183,600
2016 $1,040 $51,313 $23,792 $27,521
2015 $994 $50,543 $23,435 $27,108
2014 $995 $49,553 $22,976 $26,577
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Hazel Perez

    Douglas Elliman

    Section Image

  • H

    Buyer's Agent in 2016

    Hector Perez

    Coldwell Banker Envision

    (626) 926-4838

    38 Total Sales

    Hector Perez
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-172758

The MLS

APN: 6334-003-012

California Los Angeles County Commerce 90040

2552 Commerce Way, Commerce, CA

Not Listed for Sale

MultiFamily

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