NOT LISTED FOR SALE

6621 E Gage Ave Commerce, CA 90040

Estimated Value: $1,043,000 - $1,677,000

9 Beds
6 Baths
3,686 Sq Ft
$392/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2013

Last sale price $645,000 $175 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $8,657 / mo

14 Days on Market

About This Home

As of January 2013

***STANDARD SALE*** Excellent Opportunity to Purchase a Triplex Income Property in a Wonderful Quiet Neighborhood! ***Large Square Footage...county records shows 3686 sq ft on a 12434 sq ft Lot! ***All units have just been REMODELED w/ ***Brand New GRANITE! ***Brand New Paint!! ***Brand New Carpet!! Each unit is estimated to rent at $1800.00/ month for a total of $5400.00 or more each month for and ANNUAL est INCOME OF $64800.00 or More...Year After Year of steady income! Close to Great Schools & Parks!! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 12/19/2012

Last Buyer's Agent

Rick Lopez

Scott Anastasi Realty, Inc. License #01826065

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 12,434 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 3,686 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 6357002021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6357002021
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 174.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 12434.00
  • Lot Size Acres: 0.2850

Multi Family

  • Gross Income: 5400.00
  • Gross Scheduled Income: 64800.00
  • Lot Size Area: 12434.0000 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 Lot: 1
  • Tax Year: 2011

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2012
Closed on
Dec 31, 2012
Sold by
Bought by
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Rick Lopez
Scott Anastasi Realty, Inc.
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Current Estimated Value
$1,444,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,234
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
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

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
$645,000 Ticor Title Riverside
$490,000 Accommodation
-- Ticor Title Co Fullerton Bra
$1,000,000 Ticor Title Co Fullerton Bra
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 $150,000
Previous Owner $750,000
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
01/22/2013 01/22/13 Sold $645,000 -7.7% $175 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
12/19/2012 12/19/12 For Sale $699,000 -- $190 / 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
2025 $10,458 $794,259 $369,423 $424,836
2024 $10,084 $778,686 $362,180 $416,506
2023 $10,104 $763,419 $355,079 $408,340
2022 $9,759 $748,451 $348,117 $400,334
2021 $9,419 $733,777 $341,292 $392,485
2020 $9,350 $726,254 $337,793 $388,461
2019 $9,060 $712,015 $331,170 $380,845
2018 $9,111 $698,055 $324,677 $373,378
2016 $8,699 $670,950 $312,070 $358,880
2015 $8,173 $660,873 $307,383 $353,490
2014 $8,075 $647,928 $301,362 $346,566
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rick Young

    Young Estate Services

    Section Image

  • R

    Buyer's Agent in 2013

    Rick Lopez

    Scott Anastasi Realty, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG12152676

California Regional Multiple Listing Service (CRMLS)

APN: 6357-002-021

California Los Angeles County Commerce 90040

6621 E Gage Ave, Commerce, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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