NOT LISTED FOR SALE

102 E Indigo St Compton, CA 90220

6 Beds
5 Baths
6,317 Sq Ft
9,252 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $1,450,000 $230 Per Sq Ft

4 Days on Market

About This Home

As of May 2023

7 Unit Multi-family building near City Hall - 3 (3) bedrooms - 1 (2) bedroom 2 bath - 3 (1) Bedroom. These are large units and include covered private parking. This is a value add asset with tremendous upside in rents. ** Seller is willing to carry on qualified buyers.

Last Agent to Sell the Property

Gus Sverkos

Keller Williams Coastal Prop. License #02121918 Listed on: 03/03/2023

Keller Williams Coastal Prop.

Last Buyer's Agent

Gus Sverkos

Keller Williams Coastal Prop. License #02121918 Listed on: 03/03/2023

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,252 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 6,317 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 9 Parking Spaces
  • 9 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 1 / 23
  • Tax Tract Number 542
  • Assessor Parcel Number 6160020001
  • $2,132 per year additional tax assessments

Community Details

Overview

  • 7 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $489
  • Insurance Expense $5,342
  • Maintenance Expense $4,550
  • Trash Expense $2,720
  • Water Sewer Expense $1,987
  • New Taxes Expense $24,018
  • Operating Expense $39,673
  • Gross Income $139,680
  • Net Operating Income $100,007

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 6.34
  • Property Attached: No
  • Water Sewer Expenses: 1987.00
  • Zoning: CORH*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6160020001
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 229.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9252.00
  • Lot Size Acres: 0.2124

Rental Info

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

Multi Family

  • Electric Expense: 489.00
  • Gross Multiplier: 10.94
  • Gross Operating Income: 139680.00
  • Gross Scheduled Income: 144000.00
  • Insurance Expense: 5342.00
  • Lot Size Area: 9252.0000 Square Feet
  • Maintenance Expense: 4550.00
  • Net Operating Income: 100007.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 7
  • Number With Refrigerator: 7
  • Operating Expense: 39000.00
  • Rent Control: Yes
  • Total Expenses: 39673.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24018.00
  • Tax Block: 23
  • Tax Census Tract: 5425.02
  • Tax Lot: 1
  • Tax Tract: 5425.02
  • Tax Tract Number: 542...
  • TaxOtherAnnualAssessmentAmount: 2132.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $1,450,000 -9.4% $230 / Sq Ft
03/03/2023 03/03/23 For Sale $1,600,000 -- $253 / 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 $26,150 $1,508,580 $754,290 $754,290
2024 $26,150 $1,479,000 $739,500 $739,500
2023 $9,409 $444,075 $46,897 $397,178
2022 $8,937 $435,369 $45,978 $389,391
2021 $8,969 $426,833 $45,077 $381,756
2019 $8,729 $414,175 $43,741 $370,434
2018 $8,418 $406,055 $42,884 $363,171
2016 $7,923 $390,289 $41,220 $349,069
2015 $7,602 $384,427 $40,601 $343,826
2014 $7,503 $376,897 $39,806 $337,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23035999

California Regional Multiple Listing Service (CRMLS)