NOT LISTED FOR SALE

1005 N Acacia Ave Compton, CA 90220

Estimated Value: $622,000 - $744,000

4 Beds
2 Baths
1,666 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 04, 2014

Last sale price $340,000 $204 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,288/month

14 Days on Market

About This Home

As of November 2014

TWO UNITS on LARGE LOT! 3/1 and 1/1. Both units are completely remodeled and feature NEW exterior and interior paint, NEW roofing, NEW windows, NEW carpeting, NEW laminate wood flooring, NEW kitchen cabinets with granite countertops, and SO MUCH MORE! Units have their own electrical meters and gas meters. LARGE LOT perfect for RV PARKING! Perfect for first time homebuyer or investor. FHA/VA OK!

Last Agent to Sell the Property

Abraham Sandoval

Investorforeclose Real Estate License #01854398 Listed on: 09/11/2014

Co-Listed By

Irma Sandoval

InvestorForeclose Real Estate License #01317770

Last Buyer's Agent

HUMBERTO ROJAS

ALTICORE REALTY License #01814124

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,897

Year Built

  • Built in 1947

Lot Details

  • 5,999 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • 1,666 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6157003003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $800
  • Trash Expense $200
  • Water Sewer Expense $800
  • New Taxes Expense $3,356
  • Gross Income $2,700
  • Net Operating Income $24,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,897

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.50
  • Property Attached: No
  • Water Sewer Expenses: 800.00
  • Property Type: Residential Income
  • Parcel Number: 6157003003
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 204.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5999.00
  • Lot Size Acres: 0.1380

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 2700.00
  • Gross Multiplier: 10.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5999.0000 Square Feet
  • Net Operating Income: 24624.00
  • 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: 6156.00
  • Operating Expense Percent: 0.20
  • Rent Control: No
  • Vacancy Allowance: 1620
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3356.00
  • Tax Lot: 3
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2014
Closed on
Sep 25, 2014
Sold by
Stremiz Ezequil
Bought by
Meneses Ignacio and Meneses Concepcion
Seller's Agent
Abraham Sandoval
Investorforeclose Real Estate
Buyer's Agent
HUMBERTO ROJAS
ALTICORE REALTY
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%
Current Estimated Value
$684,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,572
Avg. Annual Appreciation
6.41%
Original Mortgage
$272,000
Outstanding Balance
$209,888
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$459,698

Purchase Details

Listed on
Sep 16, 2013
Closed on
Oct 9, 2013
Sold by
Ramos Robert A and Ramos Robert A
Bought by
Ramos Robert A and Ramos Petra C
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Abraham Sandoval
Investorforeclose Real Estate
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.24%

Purchase Details

Listed on
Sep 16, 2013
Closed on
Oct 8, 2013
Sold by
Ramos Robert A and Ramos Petra C
Bought by
Stremiz Ezequiel
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Abraham Sandoval
Investorforeclose Real Estate
List Price
$175,000
Sold Price
$175,000
Source: Public Records

Range of Values:

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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
Meneses Ignacio $340,000 First American Title Company
Ramos Robert A -- Fidelity National Title Co
Stremiz Ezequiel $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meneses Ignacio $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2014 11/04/14 Sold $340,000 +3.1% $204 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $329,900 +88.5% $198 / Sq Ft
10/17/2013 10/17/13 Sold $175,000 0.0% $105 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $175,000 -- $105 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,897 $408,621 $144,218 $264,403
2024 $7,897 $400,610 $141,391 $259,219
2023 $7,781 $392,756 $138,619 $254,137
2022 $6,710 $385,055 $135,901 $249,154
2021 $6,776 $377,506 $133,237 $244,269
2020 $6,657 $373,636 $131,871 $241,765
2019 $6,578 $366,311 $129,286 $237,025
2018 $6,394 $359,129 $126,751 $232,378
2016 $6,096 $345,185 $121,830 $223,355
2015 $5,822 $340,000 $120,000 $220,000
2014 $3,266 $175,000 $110,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14196712

California Regional Multiple Listing Service (CRMLS)

APN: 6157-003-003