Seller's Agent in 2019
Cindy Situ
Century 21 Adams & Barnes
(626) 607-0382
4 Total Sales
7126 Kuhl Dr Commerce, CA 90040
Estimated Value: $1,029,000 - $1,160,000
5
Beds
3
Baths
2,394
Sq Ft
$452/Sq Ft
Est. Value
Highlights
- 0.37 Acre Lot
- No HOA
- Level Lot
- Property is near park
- Laundry Room
- 3-minute walk to Veterans Memorial Park
About This Home
As of January 20193 stand-alone houses on a large lot! No common walls for extra privacy. All utilities separately metered and paid by tenants. Desirable location near freeway, park, library, biking trails. Many new developments nearby. Long term tenants. All month-to-month leases. No rent control. Rents significantly below market. Lot strategically positioned between two streets with easy access from both sides. Rehab or development opportunity? Build more units? Check with the proper regulatory agencies. Buyer to verify all information and permits. Huge upside for the savvy owner who realizes the potential in this value-add opportunity!
Last Agent to Sell the Property
Century 21 Adams & Barnes License #01791964 Listed on: 10/16/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 16,149 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 4 Car Garage
Home Design
- 2,394 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Property is near park
- Suburban Location
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 5 / 1
- Tax Tract Number 11591
- Assessor Parcel Number 6357020033
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,000
- Maintenance Expense $1,000
- New Taxes Expense $9,900
- Operating Expense $11,900
- Gross Income $55,200
- Net Operating Income $43,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2020
Sold by
Nguyen Vanessa
Bought by
Nguyen Van Khanh and Van Khanh Nguyen Living Trust
Current Estimated Value
Purchase Details
Listed on
Oct 16, 2018
Closed on
Jan 28, 2019
Sold by
Sooc Tom
Bought by
Nguyen Vanessa
Seller's Agent
Cindy Situ
Century 21 Adams & Barnes
Buyer's Agent
Cindy Situ
Century 21 Adams & Barnes
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$562,500
Interest Rate
4.6%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 18, 2017
Sold by
Tse Ruby
Bought by
Socc Tom
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 26, 2012
Sold by
Leong Andrew and Leung Patricia
Bought by
Tse Ruby
Purchase Details
Closed on
Oct 2, 1998
Sold by
Swan Richard W
Bought by
Leong Andrew and Leung Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.69%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nguyen Van Khanh | -- | None Available | |
| Nguyen Vanessa | $750,000 | Stewart Title | |
| Socc Tom | $509,000 | Chicago Title Company | |
| Tse Ruby | $328,000 | Pacific Coast Title Company | |
| Leong Andrew | $180,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Nguyen Vanessa | $562,500 | |
| Previous Owner | Socc Tom | $305,000 | |
| Previous Owner | Leong Andrew | $117,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2019 01/30/19 | Sold | $750,000 | -5.7% | $313 / Sq Ft |
| 10/16/2018 10/16/18 | For Sale | $795,000 | -- | $332 / 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 | $12,749 | $1,038,300 | $543,256 | $495,044 |
| 2024 | $12,749 | $1,017,942 | $532,604 | $485,338 |
| 2023 | $12,777 | $997,983 | $522,161 | $475,822 |
| 2022 | $12,332 | $978,416 | $511,923 | $466,493 |
| 2021 | $11,903 | $959,233 | $501,886 | $457,347 |
| 2020 | $9,676 | $765,000 | $496,740 | $268,260 |
| 2019 | $8,366 | $660,654 | $556,614 | $104,040 |
| 2018 | $8,465 | $647,700 | $545,700 | $102,000 |
| 2016 | $5,894 | $436,897 | $312,070 | $124,827 |
| 2015 | $5,548 | $430,335 | $307,383 | $122,952 |
| 2014 | $5,493 | $421,906 | $301,362 | $120,544 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Situ
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18252404
APN: 6357-020-033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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