NOT LISTED FOR SALE
10 Beds
5 Baths
3,711 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: September 28, 2020

Last sale price $1,300,000 $350 Per Sq Ft

21 Days on Market

Highlights

  • 0.3 Acre Lot
  • Laundry Room
  • Paved or Partially Paved Lot
  • Private Yard

About This Home

As of September 2020

We proudly present this 5 unit multi-family complex in the city of Commerce. The complex consists of 100% two-bedroom one-bathroom, two buildings cottage style. Each unit is approximately 742 square feet with washer and dryer hookups inside. The property is situated on approximately 13,029 square foot lot with plenty of parking space. In addition, the subject property is surrounded by most single family homes with ample parking space on the street. Updated tile flooring, kitchen cabinetry and bathrooms, close to the 5 freeway and Citadel Outlets.

Last Agent to Sell the Property

Mario Mariscal

Better Homes and Gardens RE License #01761780 Listed on: 07/17/2020

Better Homes and Gardens RE

Last Buyer's Agent

Hugo Castaneda

CENTURY 21 REALTY MASTERS License #01033604

CENTURY 21 REALTY MASTERS
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 13,029 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Private Yard
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • 3,711 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5323
  • Assessor Parcel Number 6357003006

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $80
  • Water Sewer Expense $150
  • New Taxes Expense $16,250
  • Operating Expense $17,680
  • Gross Income $7,450
  • Net Operating Income $86,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.3 Acres

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Zoning: CMR3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6357003006
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 350.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • 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: Front Yard, Lot 10000-19999 Sqft, Paved, Walkstreet, Yard
  • Lot Size Sq Ft: 13029.00
  • Lot Size Acres: 0.2991

Multi Family

  • Gross Income: 7450.00
  • Gross Scheduled Income: 89400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 13029.0000 Square Feet
  • Net Operating Income: 86640.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 2760.00
  • Rent Control: Yes
  • Total Actual Rent: 7450.00
  • Total Expenses: 17680.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Census Tract: 5323.04
  • Tax Lot: 4
  • Tax Tract Number: 5323.4

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Ascencio Raymond -- Pacific Coast Title
Perez Luis Jesus $1,300,000 Pacific Coast Title
Scott Gerald H -- Accommodation
Pacific Mold Engineering Inc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $814,600
Previous Owner Perez Luis Jesus $810,000
Previous Owner Scott Gerald H $430,000
Previous Owner Pacific Mold Engineering Inc $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $1,300,000 +0.1% $350 / Sq Ft
07/17/2020 07/17/20 For Sale $1,299,000 -- $350 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,190 $1,559,000 $870,000 $689,000
2025 $18,190 $1,407,160 $773,938 $633,222
2024 $17,685 $1,379,569 $758,763 $620,806
2023 $17,720 $1,352,520 $743,886 $608,634
2022 $17,117 $1,326,000 $729,300 $596,700
2021 $16,536 $1,300,000 $715,000 $585,000
2020 $2,773 $89,382 $22,386 $66,996
2019 $2,726 $87,631 $21,948 $65,683
2018 $2,526 $85,914 $21,518 $64,396
2016 $2,355 $82,581 $20,684 $61,897
2015 $2,276 $81,342 $20,374 $60,968
2014 $2,287 $79,749 $19,975 $59,774
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20141243

California Regional Multiple Listing Service (CRMLS)
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