NOT LISTED FOR SALE

Commerce, CA 90022

Estimated Value: $583,000 - $748,000

3 Beds
2 Baths
991 Sq Ft
$676/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $355,000 $358 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,956/month

2 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 5-minute walk to Montebello/Commerce

About This Home

As of August 2014

Duplex with both units vacant. Live in one and rent the other. Don't miss out on this opportunity. Front unit is 2 bedroom one bath. Back unit is one bedroom one bath. Both have laundry hookups and patio area. Storage shed for each unit is included.

Last Agent to Sell the Property

Maria Rojo

The JMR Group License #01420619 Listed on: 05/03/2014

Last Buyer's Agent

JUAN FRANCO

ADAN BAUTISA, BROKER License #01315142

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 4,008 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • 991 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot 238
  • Tax Tract Number 10083
  • Assessor Parcel Number 6351012030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $352
  • Water Sewer Expense $960
  • New Taxes Expense $4,438
  • Gross Income $2,200
  • Net Operating Income $19,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 6351012030
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 358.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 352.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Size Sq Ft: 4008.00
  • Lot Size Acres: 0.0920

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 950.00
  • Lot Size Area: 4008.0000 Square Feet
  • Net Operating Income: 19700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6700.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4438.00
  • Tax Lot: 238
  • Tax Tract Number: 10083
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Perez Adriana Michelle
Bought by
Perez Edgar
Current Estimated Value
$670,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Outstanding Balance
$274,839
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$395,413

Purchase Details

Closed on
Oct 2, 2020
Sold by
Perez Edgar
Bought by
Perez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Outstanding Balance
$274,839
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$395,413

Purchase Details

Closed on
May 5, 2014
Sold by
Statewide Holdings Inc
Bought by
Perez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2014
Sold by
Wheeler Sonia V and Sonia V Wheeler Trust
Bought by
Statewide Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1999
Sold by
Silva Constantina Trust
Bought by
Wheeler Sonia V and Sonia V Wheeler Trust

Purchase Details

Closed on
Sep 30, 1996
Sold by
Silva Constantina
Bought by
The Constantina Silva Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Perez Edgar -- Wfg National Title Co Of Ca
Perez Edgar -- Wfg National Title Co Of Ca
Perez Edgar $355,000 Stewart Title
Statewide Holdings Inc $285,000 Stewart Title Of California
Wheeler Sonia V -- --
The Constantina Silva Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Edgar $309,000
Previous Owner Perez Edgar $348,570
Previous Owner Statewide Holdings Inc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $355,000 0.0% $358 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
05/03/2014 05/03/14 For Sale $355,000 -- $358 / 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 $6,038 $426,647 $336,514 $90,133
2024 $6,038 $418,282 $329,916 $88,366
2023 $5,871 $410,082 $323,448 $86,634
2022 $5,683 $402,042 $317,106 $84,936
2021 $5,506 $394,160 $310,889 $83,271
2020 $5,468 $390,120 $307,702 $82,418
2019 $5,310 $382,471 $301,669 $80,802
2018 $5,383 $374,972 $295,754 $79,218
2016 $5,167 $360,413 $284,270 $76,143
2015 $4,887 $355,000 $280,000 $75,000
2014 $1,398 $42,146 $22,771 $19,375
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Maria Rojo

    The JMR Group

    Section Image

  • J

    Buyer's Agent in 2014

    JUAN FRANCO

    ADAN BAUTISA, BROKER

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14092164

California Regional Multiple Listing Service (CRMLS)

APN: 6351-012-030

California Los Angeles County Commerce

90022

Not Listed for Sale

MultiFamily

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