NOT LISTED FOR SALE

2583 Boris Ave Commerce, CA 90040

Estimated Value: $617,000 - $773,508

4 Beds
2 Baths
1,475 Sq Ft
$469/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $525,000 $356 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,342/month

68 Days on Market

Highlights

  • Property is near public transit
  • Cul-De-Sac
  • Laundry Room
  • Corner Lot
  • Galley Kitchen
  • East Facing Home

About This Home

As of July 2021

Unique Opportunity with Tons of Potential: 2 separate single story units with newer 2018 roof is situated on a generous corner lot and awaits its new family. Front unit offers 3 bedrooms, 1 bath, living room, formal dining room, galley kitchen with breakfast area. 3rd bedroom currently serves as the family room. 2nd Unit sits apart: 1 bedroom, 1 bath, living room and kitchen. Large covered patio for entertainment. Detached 2 car garage. EZ access to 5 Freeway, Citadel, Commerce Casino & DTLA

Last Agent to Sell the Property

Delicia Wong Barba

RE/MAX Dynasty License #01232542 Listed on: 03/19/2020

RE/MAX Dynasty

Last Buyer's Agent

PAUL VIEYRA

Redfin Corporation License #01802026

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1942

Lot Details

  • 5,771 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • East Facing Home
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Galley Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 30
  • Tax Tract Number 9824
  • Assessor Parcel Number 6334021020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,867

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: CMR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6334021020
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 355.93
  • Room Type: All Bedrooms Down, Galley Kitchen

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 5771.00
  • Lot Size Acres: 0.1325

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 5771.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 30
  • Tax Tract Number: 9824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 26, 2021
Sold by
Vasquez Frank R and Frank R Vasquez Revocable Trus
Bought by
Galvan Artemio
Seller's Agent
Delicia Wong Barba
RE/MAX Dynasty
Buyer's Agent
PAUL VIEYRA
Redfin Corporation
List Price
$490,000
Sold Price
$525,000
Premium/Discount to List
$35,000
7.14%
Current Estimated Value
$691,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,877
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Apr 3, 2013
Sold by
Vasquez Ramona G
Bought by
Vasquez Ramona G and The Ramona G Vasquez Revocable

Purchase Details

Closed on
Dec 4, 2003
Sold by
Vasquez Frank R
Bought by
Vasquez Frank R and Frank R Vasquez Revocable Trus
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
Galvan Artemio $525,000 Stewart Title
Vasquez Ramona G -- None Available
Vasquez Frank R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $525,000 +7.1% $356 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $490,000 -6.7% $332 / Sq Ft
03/23/2020 03/23/20 Off Market $525,000 -- --
03/19/2020 03/19/20 For Sale $490,000 -- $332 / 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 $6,867 $557,134 $424,483 $132,651
2024 $6,867 $546,210 $416,160 $130,050
2023 $6,881 $535,500 $408,000 $127,500
2022 $6,640 $525,000 $400,000 $125,000
2021 $2,905 $213,619 $110,487 $103,132
2020 $2,883 $211,430 $109,355 $102,075
2019 $2,797 $207,285 $107,211 $100,074
2018 $2,794 $203,221 $105,109 $98,112
2016 $988 $54,413 $21,924 $32,489
2015 $944 $53,596 $21,595 $32,001
2014 $944 $52,547 $21,172 $31,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20060040

California Regional Multiple Listing Service (CRMLS)

APN: 6334-021-020