NOT LISTED FOR SALE

102 E Indigo St Compton, CA 90220

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

Sale Details

Date Sold: May 5, 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

9,252 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,225 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23035999

California Regional Multiple Listing Service (CRMLS)
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