M
Seller's Agent in 2018
MICHAEL JACOBS
NAI CAPITAL, INC.
110 N Burris Ave Compton, CA 90221
3
Beds
2
Baths
3,848
Sq Ft
1956
Built
About This Home
As of September 2018Michael 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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $17,715 | $1,003,961 | $278,876 | $725,085 |
| 2024 | $17,715 | $984,276 | $273,408 | $710,868 |
| 2023 | $17,512 | $964,978 | $268,048 | $696,930 |
| 2022 | $16,513 | $946,058 | $262,793 | $683,265 |
| 2021 | $16,671 | $927,509 | $257,641 | $669,868 |
| 2019 | $16,198 | $900,000 | $250,000 | $650,000 |
| 2018 | $3,403 | $115,694 | $32,461 | $83,233 |
| 2017 | $3,286 | $113,426 | $31,825 | $81,601 |
| 2016 | $3,178 | $111,202 | $31,201 | $80,001 |
| 2015 | $3,074 | $109,533 | $30,733 | $78,800 |
| 2014 | $3,064 | $107,388 | $30,131 | $77,257 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18219015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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