NOT LISTED FOR SALE

5137 E Farrar St Commerce, CA 90040

Estimated Value: $737,000 - $917,000

4 Beds
2 Baths
1,491 Sq Ft
$548/Sq Ft Est. Value

Last Sold January 23, 2022

Last sale price $740,000 $496 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,074/month

20 Days on Market

About This Home

As of January 2022

Beautiful duplex located in the city of Commerce! Conveniently located near the 5 & 710 fwy and less than a mile drive from the citadel outlets, casinos, and nearby shopping centers. Each unit consists of 2 bedrooms and 1 bathroom, units are beautifully maintained as the owners currently live in the property. Make sure to take advantage of this great housing opportunity!

Last Agent to Sell the Property

YESENIA CANO

INTERNATIONAL REAL ESTATE SVCS License #02054945 Listed on: 12/03/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 5,022 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • 1,491 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244013026
  • $551 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: CMR2YY
  • Property Type: Residential Income
  • Parcel Number: 5244013026
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 496.31

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5022.00
  • Lot Size Acres: 0.1153

Multi Family

  • Lot Size Area: 5022.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5323.02
  • Tax Lot: 78
  • Tax Tract Number: 8047
  • TaxOtherAnnualAssessmentAmount: 551.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Rodarte Raul M and Roderte Candida
Bought by
Rodarte Javier and Rodarte Javler
Current Estimated Value
$817,223

Purchase Details

Closed on
Aug 21, 2003
Sold by
Rodarte Raul M and Rodarte Candida
Bought by
Rodarte Raul M and Rodarte Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1997
Sold by
Rodarte Raul and Rodarte Candida
Bought by
Rodarte Raul and Rodarte Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.42%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Serrano Fausto and Serrano Maria Guadalupe
Bought by
Rodarte Raul and Rodarte Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.87%
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
Rodarte Javier -- North American Title Company
Rodarte Javier -- North American Title Company
Rodarte Raul M -- First Southwestern Title Co
Rodarte Raul -- United Title
Rodarte Raul $200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rodarte Raul M $165,000
Closed Rodarte Raul $174,000
Previous Owner Rodarte Raul $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2022 01/23/22 Sold $740,000 +5.9% $496 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $699,000 -- $469 / 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 $9,663 $785,293 $424,483 $360,810
2024 $9,440 $769,896 $416,160 $353,736
2023 $9,461 $754,800 $408,000 $346,800
2022 $5,867 $458,145 $258,768 $199,377
2021 $5,664 $449,163 $253,695 $195,468
2020 $5,622 $444,558 $251,094 $193,464
2019 $5,444 $435,842 $246,171 $189,671
2018 $3,930 $298,740 $149,370 $149,370
2016 $3,749 $287,142 $143,571 $143,571
2015 $3,526 $282,830 $141,415 $141,415
2014 $3,486 $277,290 $138,645 $138,645
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2022

    YESENIA CANO

    INTERNATIONAL REAL ESTATE SVCS

    (909) 461-5223

    1 in this area

    2 Total Sales

    YESENIA CANO
    Section Image

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,207 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21259277

California Regional Multiple Listing Service (CRMLS)

APN: 5244-013-026

California Los Angeles County Commerce 90040

5137 E Farrar St, Commerce, CA

Not Listed for Sale

MultiFamily

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