NOT LISTED FOR SALE

1115 S Tamarind Ave Compton, CA 90220

7 Beds
5 Baths
3,448 Sq Ft
8,916 Sq Ft Lot

Last Sold April 26, 2018

Last sale price $789,000 $229 Per Sq Ft

79 Days on Market

About This Home

As of April 2018

Well operated turnkey property with tremendous character. Three 1Bedroom apartment units, one 2bedroom apartment unit, and one 2bedroom house. Four garages and ample driveway parking. Potential to achieve a 5.5% cap rate when fully occupied. Current rents are up to market, the 2bedroom house was recently vacated ($1500 in rent). High density rental market. The perfect investment for an investor looking to hold and collect a high return.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 01/22/2018

Last Buyer's Agent

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 01/22/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 8,916

Parking

  • 5 Car Garage

Interior Spaces

  • 3,448 Sq Ft Home
  • 2-Story Property
  • Washer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • 8,916 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6163-019-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3448
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Washer
  • Price Per S Q F T: 261.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 206071
  • Assessed Land Value: 190213
  • Assessor Parcel Number: 6163-019-023
  • Geocode Override: No
  • Lot Size Area: 8916

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.30
  • Number Of Units: 5
  • Total Annual Expense: 23957
  • Type Of Units: Apt
  • Vacancy Rate: 23.81%

Range of Values:

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $789,000 -12.3% $229 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $900,000 -- $261 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-309536

The MLS