Seller's Agent in 2018
George Ruiz
VIP RE Firm
(951) 398-7737
1 in this area
76 Total Sales
1040 W Reeve St Unit 1-4 Compton, CA 90220
Estimated Value: $924,000 - $1,236,752
10
Beds
4
Baths
4,008
Sq Ft
$281/Sq Ft
Est. Value
About This Home
As of October 2018Wow.. Collectors Item.. Spacious recently remodeled 4 unit property with great rental income. Great for Investors,First Time Buyers or large family. Perfect for rental units. 2 units on upper level and 2 Units on lower level. 2 Units are 3 bedrooms 1 bath and 2 units are 2 bedrooms 1 bath. Property has new roof installed 2 years ago.. All 4 units have Granite counters,Tile floors,Laminate flooring,Freshly painted,New doors, and new toilets with many other improvements and upgrades etc. Property has attached garage parking. Property located near schools,shopping centers,and near 91 and 710 fwy. Property is 15 minutes away from the new Ram Stadium project. Must See! Hurry this one will not last long in the market.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 7,814 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 4,008 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 14680
- Assessor Parcel Number 6141012049
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2018
Closed on
Sep 27, 2018
Sold by
Lepe Alfred
Bought by
Stamires Alexander
Seller's Agent
George Ruiz
VIP RE Firm
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$799,900
Sold Price
$777,500
Premium/Discount to List
-$22,400
-2.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,938
Avg. Annual Appreciation
5.09%
Original Mortgage
$583,125
Outstanding Balance
$507,472
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$616,966
Purchase Details
Closed on
Apr 23, 2018
Sold by
Cervantes Jorge
Bought by
Lepe Alfred and Lepe Lizette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,777
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 10, 2015
Sold by
Palacios Ana
Bought by
Cervantes Jorge and Cervantes Imelda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
4.01%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 29, 2012
Sold by
Zar Kambiz and Nabatian Jaklin
Bought by
Palacios Ana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 24, 2012
Sold by
Zar Kambiz
Bought by
Zar Kambiz and Nabatian Jaklin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2011
Sold by
Nabatian Jaklin
Bought by
Zar Kambiz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.84%
Mortgage Type
Balloon
Purchase Details
Closed on
Apr 13, 2011
Sold by
Federal National Mortgage Association
Bought by
Zar Kambiz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.84%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 25, 2010
Sold by
Turner Anita Jo
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 21, 2008
Sold by
Reynolds James L
Bought by
Turner Anita Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2006
Sold by
Reynolds James L
Bought by
Reynolds James L
Purchase Details
Closed on
Jul 22, 2004
Sold by
Reynolds James L
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
$292,500
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 1995
Sold by
American Svgs Bank Fa
Bought by
Reynolds James L
Purchase Details
Closed on
Apr 19, 1995
Sold by
Holloway Corrie V and American Svgs Bank Fa
Bought by
American Svgs Bank Fa
Purchase Details
Closed on
Nov 25, 1994
Sold by
Wolfriver Holding Corp
Bought by
Candelario Mauricio
Purchase Details
Closed on
Aug 24, 1994
Sold by
Holloway Corrie V and Wolfriver Holding Corp
Bought by
Wolfriver Holding Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stamires Alexander | $777,500 | Old Republic Title Company | |
| Lepe Alfred | $730,000 | Old Republic Title Company | |
| Cervantes Jorge | $530,000 | Lawyers Title | |
| Palacios Ana | $400,000 | Progressive Title Company | |
| Zar Kambiz | -- | Accommodation | |
| Zar Kambiz | -- | Stewart Title Of California | |
| Zar Kambiz | $260,000 | Stewart Title Of California | |
| Federal National Mortgage Association | $519,506 | First American Title Ins Co | |
| Turner Anita Jo | $660,000 | Fidelity National Title Co | |
| Reynolds James L | -- | None Available | |
| Reynolds James L | -- | None Available | |
| Reynolds James L | -- | Fidelity Long Beach | |
| Reynolds James L | -- | Fidelity Long Beach | |
| Reynolds James L | $155,000 | Investors Title Company | |
| Reynolds James L | $155,000 | Investors Title Company | |
| American Svgs Bank Fa | $161,500 | Stewart Title | |
| Candelario Mauricio | -- | -- | |
| Wolfriver Holding Corp | $34,504 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stamires Alexander | $583,125 | |
| Previous Owner | Lepe Alfred | $716,777 | |
| Previous Owner | Cervantes Jorge | $520,400 | |
| Previous Owner | Palacios Ana | $392,755 | |
| Previous Owner | Zar Kambiz | $121,000 | |
| Previous Owner | Zar Kambiz | $350,000 | |
| Previous Owner | Zar Kambiz | $350,000 | |
| Previous Owner | Turner Anita Jo | $495,000 | |
| Previous Owner | Reynolds James L | $292,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2018 10/02/18 | Sold | $777,500 | -2.8% | $194 / Sq Ft |
| 07/27/2018 07/27/18 | For Sale | $799,900 | -- | $200 / 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 | $14,980 | $867,311 | $256,567 | $610,744 |
| 2024 | $14,908 | $850,306 | $251,537 | $598,769 |
| 2023 | $14,730 | $833,634 | $246,605 | $587,029 |
| 2022 | $13,864 | $817,289 | $241,770 | $575,519 |
| 2021 | $13,992 | $801,265 | $237,030 | $564,235 |
| 2020 | $13,738 | $793,050 | $234,600 | $558,450 |
| 2019 | $13,575 | $777,500 | $230,000 | $547,500 |
| 2018 | $9,830 | $551,412 | $156,060 | $395,352 |
| 2017 | $9,545 | $540,600 | $153,000 | $387,600 |
| 2016 | $9,316 | $530,000 | $150,000 | $380,000 |
| 2015 | $7,144 | $409,843 | $153,691 | $256,152 |
| 2014 | $7,013 | $401,816 | $150,681 | $251,135 |
Source: Public Records
Agents Affiliated with this Home
-
George Ruiz
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18181584
APN: 6141-012-049
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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