NOT LISTED FOR SALE

110 N Burris Ave Compton, CA 90221

3 Beds
2 Baths
3,848 Sq Ft
1956 Built

Last Sold September 25, 2018

Last sale price $900,000 $234 Per Sq Ft

35 Days on Market

About This Home

As of September 2018

Michael Jacobs, as the exclusive listing agent, is pleased to present 110 N Burris Avenue, a six unit, non rent controlled building located in Compton, CA.

Built in 1956, the two-story property is situated on 6,694 square foot lot zoned COPRH near the intersection of N Burris Avenue and E Compton Blvd. The property consists of four one bedroom units and two two bedroom units. All the units are individually metered for electricity and gas. The property contains six carports with small storage units.

This gated property is well secured and offers the opportunity for an investor to immediately realize significant upside in rents and convert an unused laundry room into an additional income stream.

Last Agent to Sell the Property

MICHAEL JACOBS

NAI CAPITAL, INC. License #01979550 Listed on: 08/03/2018

Last Buyer's Agent

MICHAEL JACOBS

NAI CAPITAL, INC. License #01979550 Listed on: 08/03/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,696 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,848 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 5085
  • Assessor Parcel Number 6178014007

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $2,000
  • Insurance Expense $2,116
  • Professional Management Expense $2,544
  • Trash Expense $450
  • Water Sewer Expense $790
  • New Taxes Expense $14,402
  • Operating Expense $25,723
  • Gross Income $63,600
  • Net Operating Income $35,969

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Professional Management Expense: 2544.00
  • Property Attached: Yes
  • Water Sewer Expenses: 790.00
  • Zoning: COPRH*
  • Property Type: Residential Income
  • Parcel Number: 6178014007
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 233.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6696.00

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 63600.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 2116.00
  • Net Operating Income: 35969.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 25723.00
  • Rent Control: No
  • Total Expenses: 25723.00

Tax Info

  • New Taxes Expense: 14402.00
  • Tax Census Tract: 5416.05
  • Tax Lot: 10
  • Tax Tract Number: 5085

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $900,000 0.0% $234 / Sq Ft
08/03/2018 08/03/18 For Sale $900,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MICHAEL JACOBS

    NAI CAPITAL, INC.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18219015

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Compton 90221

110 N Burris Ave, Compton, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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