NOT LISTED FOR SALE

4907 Astor Ave Commerce, CA 90040

Estimated Value: $881,000 - $903,000

5 Beds
3 Baths
2,160 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $815,000 $377 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,513/month

163 Days on Market

Highlights

  • 0.27 Acre Lot
  • Park
  • 3-minute walk to Bandini Park

About This Home

As of November 2023

Amazing income property, 3 units in the best area of commerce, in a very good condition live in one and rent the other two. You must see them to appreciate, you will fall in love!!!

Last Agent to Sell the Property

Ofelia sandoval

Excellence RE Real Estate, Inc. License #01331871 Listed on: 05/13/2023

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Micaela Solis

Coldwell Banker Envision License #02057893

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,160 Sq Ft Home
  • Triplex
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Water Not Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Tract Number 532
  • Assessor Parcel Number 5244011023
  • $5,861 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $250
  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5244011023
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 377.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11797.00
  • Lot Size Acres: 0.2708

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 2950.00
  • Insurance Expense: 250.00
  • Lot Size Area: 11797.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Tract Number: 532...
  • TaxOtherAnnualAssessmentAmount: 5861.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Oct 26, 2023
Sold by
David And Sheila Crain Family Trust
Bought by
Estrada Elver O Barrera
Seller's Agent
Ofelia sandoval
Excellence RE Real Estate, Inc.
Buyer's Agent
Micaela Solis
Coldwell Banker Envision
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Views
339
Current Estimated Value
$888,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,528
Avg. Annual Appreciation
4.24%
Original Mortgage
$465,000
Outstanding Balance
$457,088
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$431,440

Purchase Details

Closed on
Jul 1, 2011
Sold by
Crain Sheila J and Gayle Ovenell Trust
Bought by
Crain David W and Crain Sheila J
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
Estrada Elver O Barrera $815,000 Wfg National Title
Crain David W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Elver O Barrera $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $815,000 -4.1% $377 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $850,000 +4.3% $394 / Sq Ft
10/12/2023 10/12/23 Off Market $815,000 -- --
08/05/2023 08/05/23 For Sale $850,000 +4.3% $394 / Sq Ft
07/25/2023 07/25/23 Off Market $815,000 -- --
07/19/2023 07/19/23 For Sale $850,000 +4.3% $394 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/18/2023 05/18/23 Off Market $815,000 -- --
05/18/2023 05/18/23 For Sale $850,000 +4.3% $394 / Sq Ft
05/17/2023 05/17/23 Off Market $815,000 -- --
05/13/2023 05/13/23 For Sale $850,000 -- $394 / 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 $10,300 $831,300 $612,000 $219,300
2024 $10,300 $815,000 $600,000 $215,000
2023 $6,063 $437,146 $344,794 $92,352
2022 $5,861 $428,576 $338,034 $90,542
2021 $5,663 $420,173 $331,406 $88,767
2020 $5,623 $415,865 $328,008 $87,857
2019 $5,453 $407,712 $321,577 $86,135
2018 $5,461 $399,719 $315,272 $84,447
2016 $5,217 $384,200 $303,031 $81,169
2015 $4,912 $378,430 $298,480 $79,950
2014 $4,862 $371,018 $292,634 $78,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23083068

California Regional Multiple Listing Service (CRMLS)

APN: 5244-011-023