NOT LISTED FOR SALE

1016 E Oaks St Compton, CA 90221

Estimated Value: $634,000 - $700,000

7 Beds
3 Baths
2,872 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $650,000 $226 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,440/month

131 Days on Market

About This Home

As of December 2024

Welcome to this fantastic investment opportunity nestled in the vibrant community of Compton! One Unit offers 3 Large bedroom 1 bath . One unit is a 2 Bedroom 2 bath . There are 1-one bedroom 1 bath unit that will be delivered vacant and one more bonus room. These units present an exciting opportunity to update and increase rental income potential. Located in Compton, a dynamic community known for its cultural diversity and thriving local amenities, this property enjoys proximity to schools, parks, shopping centers, and major transportation routes. Don't miss out on this excellent investment opportunity

Last Agent to Sell the Property

Melissa Knight

The Hills Premier Realty License #01184594 Listed on: 02/21/2024

Last Buyer's Agent

Melissa Knight

The Hills Premier Realty License #01184594

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,687

Home Design

  • Triplex
  • Split Level Home

Interior Spaces

  • 2,872 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Car Garage
  • Driveway

Additional Features

  • 4,687 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6176-006-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to this fantastic investment opportunity nestled in the vibrant community of Compton! One Unit offers 3 Large bedroom 1 bath . One unit is a 2 Bedroom 2 bath . There are 2 one bedroom 1 bath units that will be delivered vacant. These units present an exciting opportunity to update and increase rental income potential. Located in Compton, a dynamic community known for its cultural diversity and thriving local amenities, this property enjoys proximity to schools, parks, shopping centers, and major transportation routes. Don't miss out on this excellent investment opportunity
  • Living Area: 2872
  • Lot Acreage: 0.1076
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 226.32

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car, Driveway - Pavers

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 32.20
  • Assessed Improvement Value: 190000
  • Assessed Land Percent: 67.8
  • Assessed Land Value: 400000
  • Total Assessed Value: 590000
  • Assessor Parcel Number: 6176-006-014
  • Lot Size Area: 4687

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 23.00
  • Number Of Units: 3
  • Type Of Units: triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Dillon Justin
Bought by
Jones Tracy B
Current Estimated Value
$664,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 15, 2023
Sold by
Dillon Family Trust
Bought by
Dillon Justin M

Purchase Details

Closed on
Jul 24, 2018
Sold by
Dillon Berdie
Bought by
Dillon Berdie and Dillon Family Trust

Purchase Details

Closed on
Dec 29, 1993
Sold by
Armstrong Morris L
Bought by
Dillon Hollis and Dillon Berdie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.15%
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
Jones Tracy B $650,000 California Best Title
Dillon Justin M -- None Listed On Document
Dillon Berdie -- None Available
Dillon Hollis $155,000 World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Tracy B $505,000
Previous Owner Dillon Hollis $124,000
Closed Dillon Hollis $15,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $650,000 0.0% $226 / Sq Ft
11/08/2024 11/08/24 Price Changed $650,000 -17.6% $226 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $789,000 -- $275 / Sq Ft
Source: The MLS

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 $11,343 $650,000 $425,000 $225,000
2024 $11,343 $601,800 $408,000 $193,800
2023 $11,187 $590,000 $400,000 $190,000
2022 $4,752 $248,225 $88,072 $160,153
2021 $4,779 $243,359 $86,346 $157,013
2020 $4,700 $240,865 $85,461 $155,404
2019 $4,646 $236,143 $83,786 $152,357
2018 $4,495 $231,514 $82,144 $149,370
2016 $4,258 $222,526 $78,955 $143,571
2015 $4,078 $219,185 $77,770 $141,415
2014 $4,017 $214,892 $76,247 $138,645
Source: Public Records

Agents Affiliated with this Home

  • Melissa Knight

    Seller's Agent in 2024

    Melissa Knight

    The Hills Premier Realty

    (310) 497-4125

    1 in this area

    33 Total Sales

    Melissa Knight
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Map

Source: The MLS

MLS Number: 24-360919

The MLS

APN: 6176-006-014

California Los Angeles County Compton 90221

1016 E Oaks St, Compton, CA

Not Listed for Sale

MultiFamily

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