NOT LISTED FOR SALE

1009 N Chester Ave Compton, CA 90221

Estimated Value: $891,000 - $968,925

5 Beds
4 Baths
2,556 Sq Ft
$362/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $840,000 $329 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,011/month

171 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Laundry Room

About This Home

As of January 2023

We are pleased to present the opportunity to acquire 1009 N Chester Ave. A four-unit complex consisting of (1)-2 Bed/1 bath and (3)- 1 Bed /1 bath units in non rent controlled area of Compton. This property is on the corner of Rosecrans Ave. and Chester Ave. Corner lot centrally located, close to shops, hospitals, schools, LAX. Minutes away from 91, 710 and 105 freeways. Property is being sold as is. All units are occupied and tenants included in purchase.

Last Agent to Sell the Property

Esmeralda Rivera

Excellence RE Real Estate Inc License #01785214 Listed on: 04/27/2022

Last Buyer's Agent

Esmeralda Rivera

Excellence RE Real Estate Inc License #01785214 Listed on: 04/27/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 4,380 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Private Yard
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,556 Sq Ft Home
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Tax Tract Number 6468
  • Assessor Parcel Number 6178003003
  • $1,040 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $54,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

4,380 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: COCL*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6178003003
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Price Per Square Foot: 328.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Yard
  • Lot Size Sq Ft: 4380.00
  • Lot Size Acres: 0.1006

Multi Family

  • Gross Scheduled Income: 60060.00
  • Lot Size Area: 4380.0000 Square Feet
  • Net Operating Income: 54060.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6000.00
  • Rent Control: No

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5416.05
  • Tax Lot: 6
  • Tax Tract Number: 6468
  • TaxOtherAnnualAssessmentAmount: 1040.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2017
Sold by
Vicente Tonantzyn Gutierrez
Bought by
Morales Lopez Gregorio Aranda
Current Estimated Value
$925,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Outstanding Balance
$430,021
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$495,210

Purchase Details

Closed on
Sep 10, 2014
Sold by
Garrido Bayron G and Tovar Leobardo
Bought by
Gutierrez Vicente Tonantzyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Cruz Alejandro
Bought by
Garrido Bayron G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2010
Sold by
Lopez Maria E
Bought by
Tovar Leobardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2006
Sold by
Beltran Clemente and Cruz Alejandro
Bought by
Cruz Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 2000
Sold by
Ontiveros Salvador and Jimenez Mario
Bought by
Beltran Clemente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,956
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1997
Sold by
Hall Trust Hall Richard G And Lorna P Trs R A
Bought by
Ontiveros Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,088
Interest Rate
7.44%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 1993
Sold by
Hall Richard G and Hall Lorna P
Bought by
Hall Richard G
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
Morales Lopez Gregorio Aranda $520,000 Provident Title
Lopez Gregorio Aranda -- Provident Title
Gutierrez Vicente Tonantzyn $380,000 Ticor Title Company
Garrido Bayron G $270,000 Investors Title Company
Tovar Leobardo -- Investors Title Company
Cruz Alejandro -- Investors Title Company
Beltran Clemente $250,000 Chicago Title
Ontiveros Salvador $140,000 Continental Lawyers Title Co
Hall Richard G -- --
Hall Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Lopez Gregorio Aranda $510,581
Previous Owner Gutierrez Vicente Tonantzyn $277,400
Previous Owner Garrido Bayron G $265,109
Previous Owner Cruz Alejandro $460,000
Previous Owner Beltran Clemente $247,956
Previous Owner Ontiveros Salvador $138,088
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $840,000 -1.2% $329 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $850,000 -2.3% $333 / Sq Ft
07/06/2022 07/06/22 Price Changed $870,000 +2.4% $340 / Sq Ft
04/28/2022 04/28/22 Price Changed $850,000 +2.4% $333 / Sq Ft
04/27/2022 04/27/22 For Sale $830,000 -- $325 / 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 $14,984 $873,936 $561,816 $312,120
2024 $14,984 $856,800 $550,800 $306,000
2023 $10,376 $568,693 $164,045 $404,648
2022 $9,786 $557,543 $160,829 $396,714
2021 $9,877 $546,612 $157,676 $388,936
2019 $9,591 $530,920 $153,000 $377,920
2018 $9,348 $520,520 $150,000 $370,520
2016 $7,058 $385,794 $91,372 $294,422
2015 $6,749 $380,000 $90,000 $290,000
2014 $5,240 $282,182 $104,512 $177,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22083236

California Regional Multiple Listing Service (CRMLS)

APN: 6178-003-003

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