NOT LISTED FOR SALE

5121 Astor Ave Commerce, CA 90040

Estimated Value: $818,000 - $871,000

3 Beds
2 Baths
1,940 Sq Ft
$431/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $795,000 $410 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,208/month

24 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Rectangular Lot
  • Lawn

About This Home

As of June 2022

It's not often you have the opportunity to own a property in the City of Commerce like the one at 5121 Astor Avenue. Centrally located within close proximity to The Citadel this property offers three seperate units ready for your personal touch! 5121 Astor Avenue consists of three quaint bungalows and a detached garage with storage. The first bungalow is a two bedroom, one bathroom unit. The second unit is a one bedroom, one bathroom unit. The third unit is also a one bedroom, one bathroom unit. At the rear of the property is a detached garage that is rented to the two bedroom unit. In addition there is a storage room that is rented to one of the other units on the property. 5121 Astor Avenue is chock full of possibility! Whether you seperate each of the units with their own private yards, or you completely remodel the property is ready for not just your own personal touch, but for a rental increase as well! I invite you to come and see all that 5121 Astor Avenue has to offer you.

Last Agent to Sell the Property

Giuseppe Napoli

RE/MAX INNOVATIONS License #01279689 Listed on: 03/20/2022

RE/MAX INNOVATIONS

Last Buyer's Agent

JAVIER RAMIREZ

RE/MAX INNOVATIONS License #01233369

RE/MAX INNOVATIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,959 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Lawn
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,940 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Overhead Utilities

Listing and Financial Details

  • Tenant pays for cable TV, telephone
  • Tax Lot 34
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244012003
  • $783 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,292
  • Water Sewer Expense $1,609
  • Operating Expense $3,901
  • Gross Income $39,540
  • Net Operating Income $27,413

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1609.00
  • Zoning: CMR2YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5244012003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 409.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Rectangular Lot, Near Public Transit, Utilities - Overhead
  • Lot Size Sq Ft: 7959.00
  • Lot Size Acres: 0.1827

Rental Info

  • Tenant Pays: Cable TV, Telephone

Multi Family

  • Gross Income: 39540.00
  • Gross Scheduled Income: 39540.00
  • Insurance Expense: 2292.00
  • Lot Size Area: 7959.0000 Square Feet
  • Net Operating Income: 27413.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12127.00
  • Rent Control: No
  • Total Expenses: 3901.00

Tax Info

  • Tax Census Tract: 5323.02
  • Tax Lot: 34
  • Tax Tract Number: 8047
  • TaxOtherAnnualAssessmentAmount: 783.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Alvarez Rosalba and Alvarez Christopher
Bought by
Alvarez Samantha and Alvarez Christopher
Current Estimated Value
$835,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Outstanding Balance
$721,714
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$113,861

Purchase Details

Listed on
Mar 20, 2022
Closed on
May 10, 2022
Sold by
Micheal A Lara And Leonora Barron Trust
Bought by
Alvarez Rosalba and Alvarez Christopher
Seller's Agent
Giuseppe Napoli
RE/MAX INNOVATIONS
Buyer's Agent
JAVIER RAMIREZ
RE/MAX INNOVATIONS
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%
Original Mortgage
$775,000
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 17, 2020
Sold by
Lara Michael A and Barron Leonora
Bought by
Lara Michael A and Barron Leonora

Purchase Details

Closed on
Mar 31, 2008
Sold by
Tellez Christina Lara and The Lara Family Living Trust
Bought by
Tellez Christina Lara and Lara Michael
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
Alvarez Samantha -- Wfg Title Insurance
Alvarez Rosalba $795,000 Old Republic Title
Lara Michael A -- Accommodation
Lara Michael A -- Accommodation
Tellez Christina Lara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Samantha $744,000
Previous Owner Alvarez Rosalba $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $795,000 0.0% $410 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $795,000 -- $410 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,337 $929,175 $596,627 $332,548
2024 $10,337 $827,118 $520,200 $306,918
2023 $10,359 $810,900 $510,000 $300,900
2022 $1,555 $64,857 $26,537 $38,320
2021 $1,506 $63,586 $26,017 $37,569
2020 $1,497 $62,935 $25,751 $37,184
2019 $1,465 $61,702 $25,247 $36,455
2018 $1,390 $60,493 $24,752 $35,741
2016 $1,313 $58,146 $23,792 $34,354
2015 $1,259 $57,273 $23,435 $33,838
2014 $1,264 $56,152 $22,976 $33,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22051780

California Regional Multiple Listing Service (CRMLS)

APN: 5244-012-003