NOT LISTED FOR SALE

Estimated Value: $5,326,000

0.7 Acre
$7,577,180 Price per Acre
30,618 Sq Ft Lot

Sale Details

Date Sold: February 16, 2024

Last sale price $2,650,000

Est. 101% increase in value since last sale

Current estimated payment $32,805 / mo

494 Days on Market

Highlights

  • City Lights View
  • Foster Elementary School Rated 10
  • 0.7 Acre Lot

About This Lot

As of February 2024

Land For Sale or Lease! Vacant Commercial Land Land For Sale 1.46 AC. for $5.5 Million or Separate Flat Lot! Busy street! Desireable development commercial vacant land in city of Compton, the land is combination of 2 parcels with the following lot sizes: 6167-033-030 approximately 33,061 square feet. 6167-033-032 approximatley 30,618 square feet. Total approximated 1.46 acres of commercial zoned land. Located West of long Beach, East of Alameda Street.

Last Agent to Sell the Property

Edward Park

Wilshire Metro Realty, Inc. License #01463709 Listed on: 05/03/2022

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

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Property Details

Property Type

  • Land

Lot Details

  • 30,618 Sq Ft Lot
  • Property is zoned COCL

Property Views

  • City Lights Views

Listing and Financial Details

  • Assessor Parcel Number 6167-033-032

Property Details

Property Type

Land

Lot Details

0.7 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.7029
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 6167-033-032
  • Lot Size Area: 30618

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Feb 7, 2024
Sold by
Bought by
Seller's Agent
Edward Park
Wilshire Metro Realty, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,885,000
Sold Price
$2,650,000
Premium/Discount to List
-$235,000
-8.15%
Views
496
Current Estimated Value
$5,326,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,676,000

Purchase Details

Closed on
Oct 17, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,750
Interest Rate
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,750
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$5,300,000 Fidelity National Title
-- None Available
$2,950,000 None Available
$1,270,000 Alliance Title Company
-- Alliance Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed --
Previous Owner $1,770,000
Previous Owner $1,770,000
Previous Owner $753,750
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
02/16/2024 02/16/24 Sold $2,650,000 -8.1% --
09/09/2023 09/09/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $2,885,000 +8.9% --
05/02/2023 05/02/23 Off Market $2,650,000 -- --
05/03/2022 05/03/22 For Sale $2,885,000 -- --
Source: The MLS

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 $43,050 $2,601,000 $2,601,000
2024 $25,658 $1,476,420 $1,476,420
2023 $25,369 $1,447,471 $1,447,471 $0
2022 $23,893 $1,419,090 $1,419,090 $0
2021 $24,188 $1,391,265 $1,391,265 $0
2019 $23,496 $1,350,000 $1,350,000 $0
2018 $12,870 $690,000 $690,000 $0
2016 $12,767 $690,000 $690,000 $0
2015 $11,050 $603,000 $603,000 $0
2014 $11,042 $603,000 $603,000 $0
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-153015

The MLS

APN: 6167-033-032

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