NOT LISTED FOR SALE

1036 S Grandee Ave Unit 1-4 Compton, CA 90220

Estimated Value: $1,055,000 - $1,379,000

10 Beds
4 Baths
4,112 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $890,000 $216 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,612/month

38 Days on Market

Highlights

  • 0.36 Acre Lot
  • Wrought Iron Fence
  • Wall Furnace

About This Home

As of September 2020

**BACK ON MARKET ** BUYERS DID NOT PERFORM**City of Compton Pre-Sale already completed* * Great property for Investors or Owner Occupied!! Live in one and rent the others!! Property consists of 4 units ( 2= 3 beds 1 bath & 2= 2 beds 1 bath) each unit has a 1 car garage at rear of property, with lots of extra space on over a 15,000 sq. ft. lot. All units show very well, Property sold in As-Is Present condition..... centrally located to shopping, freeway access and public transportation. It's a MUST SEE Property...... Sellers Motivated!!! see you in Escrow!!!

Last Agent to Sell the Property

Valerie Maldonado

Keller Williams Coastal Proper License #01345927 Listed on: 06/22/2020

Keller Williams Coastal Proper

Last Buyer's Agent

Ruben Aldana

Ruben Roque Aldana License #01010286

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,542

Year Built

  • Built in 1955

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Shingle Roof

Interior Spaces

  • 4,112 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Tax Tract Number 14680
  • Assessor Parcel Number 6141012052

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,700
  • Professional Management Expense $4,200
  • Trash Expense $1,000
  • Water Sewer Expense $2,500
  • New Taxes Expense $14,160
  • Operating Expense $24,060
  • Gross Income $49,940
  • Net Operating Income $49,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,542

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Other Phone Number: 562-618-1737
  • Professional Management Expense: 4200.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2500.00
  • Zoning: CORH*
  • Property Type: Residential Income
  • Parcel Number: 6141012052
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 216.44

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15687.00
  • Lot Size Acres: 0.3601

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 49940.00
  • Gross Scheduled Income: 74000.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 15687.0000 Square Feet
  • Net Operating Income: 49940.00
  • 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: 24060.00
  • Rent Control: No
  • Total Expenses: 24060.00

Tax Info

  • New Taxes Expense: 14160.00
  • Tax Census Tract: 5431.00
  • Tax Lot: 11
  • Tax Tract Number: 14680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Sep 25, 2020
Sold by
Opong Charles J
Bought by
Opong Rebecca
Seller's Agent
Valerie Maldonado
Keller Williams Coastal Proper
Buyer's Agent
Ruben Aldana
Ruben Roque Aldana
List Price
$925,000
Sold Price
$890,000
Premium/Discount to List
-$35,000
-3.78%
Current Estimated Value
$1,180,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,363
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jul 16, 2020
Sold by
Camorlinga Abelino and Camorlinga Martina
Bought by
Opong Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2017
Sold by
Gunasekara Harshini
Bought by
Camorlinga Abelino and Camorlinga Martina

Purchase Details

Closed on
Mar 9, 2011
Sold by
Gunasekara Hissanka Salintha
Bought by
Gunasekara Harshini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2010
Sold by
Federal National Mortgage Association
Bought by
Gunasekara Harshini

Purchase Details

Closed on
Sep 16, 2009
Sold by
Reynolds James L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 4, 2006
Sold by
Reynolds James L
Bought by
Mcbeth Sandra K

Purchase Details

Closed on
Aug 21, 2002
Sold by
Reynolds Sandra K
Bought by
Reynolds James L

Purchase Details

Closed on
May 24, 2002
Sold by
Temple Calvario Legalization & Education
Bought by
Reynolds James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.43%

Purchase Details

Closed on
Mar 30, 2001
Sold by
Hud
Bought by
Temple Calvario Legalization & Education

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,379
Interest Rate
6.98%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Guild Mtg Company
Bought by
Hud

Purchase Details

Closed on
Aug 10, 2000
Sold by
Decuir Louise
Bought by
Guild Mtg Company

Purchase Details

Closed on
Jun 10, 1999
Sold by
Decuir Louise
Bought by
Anderson Floyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,232
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 1999
Sold by
Sama Corp
Bought by
Decuir Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,232
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1993
Sold by
Bohaboy Jerome and The Restated Rylind Trust
Bought by
Sama Corp
Source: Public Records

Range of Values:

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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
Opong Rebecca -- Orange Coast Title Company
Opong Rebecca $890,000 Orange Coast Title Company
Camorlinga Abelino $720,000 Ticor Title
Gunasekara Harshini -- Lawyers Title
Gunasekara Harshini $306,000 Lsi Title Agency
Federal National Mortgage Association $257,505 Accommodation
Mcbeth Sandra K -- Accommodation
Reynolds James L -- --
Reynolds James L $250,000 Fidelity National Title
Temple Calvario Legalization & Education $199,000 United Title Company
Hud -- United Title
Guild Mtg Company $279,694 First American Title Ins Co
Anderson Floyd -- --
Decuir Louise $260,000 First American Title Co
Sama Corp $30,000 First Southwestern Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opong Rebecca $667,500
Previous Owner Camorlinga Abelino $546,000
Previous Owner Gunasekara Harshini $2,672,000
Previous Owner Gunasekara Harshini $183,600
Previous Owner Reynolds James L $242,000
Previous Owner Reynolds James L $224,000
Previous Owner Temple Calvario Legalization & Education $152,379
Previous Owner Decuir Louise $258,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $890,000 -3.8% $216 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $925,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,542 $963,362 $481,681 $481,681
2024 $16,542 $944,474 $472,237 $472,237
2023 $16,345 $925,956 $462,978 $462,978
2022 $15,385 $907,800 $453,900 $453,900
2021 $15,531 $890,000 $445,000 $445,000
2020 $13,380 $764,069 $339,586 $424,483
2019 $13,222 $749,088 $332,928 $416,160
2018 $12,866 $734,400 $326,400 $408,000
2016 $6,241 $333,658 $196,271 $137,387
2015 $5,959 $328,647 $193,323 $135,324
2014 $5,860 $322,211 $189,537 $132,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20120789

California Regional Multiple Listing Service (CRMLS)

APN: 6141-012-052