NOT LISTED FOR SALE

5015 Astor Ave Commerce, CA 90040

Estimated Value: $701,000 - $932,000

4 Beds
2 Baths
1,715 Sq Ft
$481/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $575,000 $335 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,910/month

101 Days on Market

About This Home

As of January 2019

Commence duplex on two lots! 4 bedrooms and 2 bathrooms built in 1928. Tenants have been in place for a decade but the terms are month to month. The building has been maintained meticulously. New laminate floors and new windows were installed this year and the building was also re-painted.
The plumbing under the houses was replaced a year ago with ABS. Cast Iron was removed. This sale includes two parcels (empty adjacent lot) making this a great opportunity for an investor wanting to build on. The back unit includes a one car garage. There is plenty of additional space for parking in the driveway and on the street. Tenants are months to month and there is no rent control.

Last Agent to Sell the Property

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles License #01941438 Listed on: 08/29/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Christine Pepaj

Realty One Group United License #01923247

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,545 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is up to 1 Unit/Acre
  • 5244012016

Parking

  • 1 Car Garage

Home Design

  • 1,715 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244012017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • New Taxes Expense $920
  • Operating Expense $2,200
  • Gross Income $25,200
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: CMR2YY
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5244012017
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 335.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5244012016
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 7545.00
  • Lot Size Acres: 0.1732

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7545.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 2200.00

Tax Info

  • New Taxes Expense: 920.00
  • Tax Census Tract: 5323.02
  • Tax Lot: 1
  • Tax Tract Number: 8047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Espejo Leticia and Martinez Luis Espejo
Bought by
Espejo Leticia and Martinez Jose L Espejo
Current Estimated Value
$824,897

Purchase Details

Listed on
Aug 29, 2018
Closed on
Dec 5, 2018
Sold by
Gastelum William V and The Mario And Mary Castano Fam
Bought by
Espejo Leticia and Martinez Jose Luis Espejo
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
Christine Pepaj
Realty One Group United
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$564,585
Outstanding Balance
$499,614
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$325,283

Purchase Details

Closed on
May 9, 1996
Sold by
Castano Mario M
Bought by
Castano Mario N and Castano Mary A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Espejo Leticia -- Pacific Coast Title
Espejo Leticia $575,000 First American Title Company
Castano Mario N -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espejo Leticia $564,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold $575,000 +1.8% $335 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/25/2018 11/25/18 For Sale $565,000 -1.7% $329 / Sq Ft
11/17/2018 11/17/18 Off Market $575,000 -- --
08/20/2018 08/20/18 For Sale $565,000 -- $329 / 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 $7,207 $567,188 $370,714 $196,474
2024 $6,995 $556,068 $363,446 $192,622
2023 $7,009 $545,166 $356,320 $188,846
2022 $6,763 $534,478 $349,334 $185,144
2021 $6,522 $523,497 $366,346 $157,151
2020 $6,473 $523,260 $366,180 $157,080
2019 $1,079 $46,313 $25,247 $21,066
2018 $1,020 $45,405 $24,752 $20,653
2016 $959 $43,644 $23,792 $19,852
2015 $919 $42,989 $23,435 $19,554
2014 $922 $42,147 $22,976 $19,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18208498

California Regional Multiple Listing Service (CRMLS)

APN: 5244-012-017