NOT LISTED FOR SALE

Commerce, CA 90040

Estimated Value: $658,804 - $931,000

3 Beds
3 Baths
1,812 Sq Ft
$443/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $385,000 $212 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,778/month

16 Days on Market

About This Home

As of January 2016

4927 Kinsie St This is a Multi-Family, has 3 beds, 3 baths, and approximately 1,812 square feet. The property was built in 1924.

Last Agent to Sell the Property

John Risso

Sigma Realty License #01195765 Listed on: 01/18/2015

Last Buyer's Agent

Gabriel Ramirez

Gabriel Ramirez, Broker License #01114358

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,886 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Parking Spaces

Home Design

  • 1,812 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 311
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244022016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $25
  • Insurance Expense $35
  • Trash Expense $50
  • Water Sewer Expense $80
  • New Taxes Expense $208
  • Gross Income $2,300
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 80.00
  • Property Type: Residential Income
  • Parcel Number: 5244022016
  • Year Built: 1924
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 212.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 3886.00
  • Price Per Lot Square Foot: 99.07
  • Lot Size Acres: 0.0890

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 25.00
  • Gross Income: 2300.00
  • Gross Scheduled Income: 2300.00
  • Insurance Expense: 35.00
  • Lot Size Area: 3886.0000 Square Feet
  • Net Operating Income: 2100.00
  • 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: 200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 208.00
  • Tax Lot: 311
  • Tax Tract Number: 8047
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2015
Closed on
Dec 28, 2015
Sold by
Menchaca Juan
Bought by
Global Alliance Associates Inc
Seller's Agent
John Risso
Sigma Realty
Buyer's Agent
Gabriel Ramirez
Gabriel Ramirez, Broker
List Price
$200,000
Sold Price
$385,000
Premium/Discount to List
$185,000
92.5%
Current Estimated Value
$801,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,951
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
May 19, 2015
Sold by
Correa Rosa
Bought by
Menchaca Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2012
Sold by
Nardoes Damian
Bought by
Correa Rosa

Purchase Details

Closed on
Apr 16, 2008
Sold by
Correa Rosa
Bought by
Nardoes Damian

Purchase Details

Closed on
May 1, 2006
Sold by
Contreras Jose and Nunez Beatriz
Bought by
Correa Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 23, 2003
Sold by
Vasquez Ricardo
Bought by
Contreras Jose and Nunez Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Villegas Gonzalo B and Villegas Maria A
Bought by
Vasquez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,593
Interest Rate
7.82%
Mortgage Type
FHA
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
Global Alliance Associates Inc -- None Available
Menchaca Juan $385,000 None Available
Correa Rosa -- None Available
Nardoes Damian -- None Available
Correa Rosa $550,000 United Title Company
Contreras Jose $266,000 United Title Company
Vasquez Ricardo $172,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menchaca Juan $378,026
Previous Owner Correa Rosa $440,000
Previous Owner Contreras Jose $252,600
Previous Owner Vasquez Ricardo $170,593
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2016 01/05/16 Sold $385,000 +92.5% $212 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $200,000 -- $110 / 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 $7,264 $575,601 $345,808 $229,793
2024 $7,264 $564,316 $339,028 $225,288
2023 $7,277 $553,252 $332,381 $220,871
2022 $7,025 $542,405 $325,864 $216,541
2021 $6,782 $531,771 $319,475 $212,296
2020 $6,733 $526,320 $316,200 $210,120
2019 $6,521 $516,000 $310,000 $206,000
2018 $5,405 $400,554 $192,474 $208,080
2016 $5,165 $385,000 $185,000 $200,000
2015 $7,607 $623,158 $489,607 $133,551
2014 $7,533 $612,829 $479,988 $132,841
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Risso

    Sigma Realty

    (714) 422-9814

    50 Total Sales

    John Risso
    Section Image

  • G

    Buyer's Agent in 2016

    Gabriel Ramirez

    Gabriel Ramirez, Broker

    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15012041

California Regional Multiple Listing Service (CRMLS)

APN: 5244-022-016

California Los Angeles County Commerce

90040

Not Listed for Sale

MultiFamily

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