NOT LISTED FOR SALE

1137 W Spruce St Compton, CA 90220

Estimated Value: $684,623 - $890,000

1 Bed
1 Bath
1,987 Sq Ft
$375/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $660,000 $332 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,014/month

11 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • 3 Car Garage
  • Lawn
  • Tile Flooring
  • Wrought Iron Fence

About This Home

As of August 2023

Great rental in the city of Compton! This triplex features 3 - 1 bedroom, 1 bath, 662 sq. ft. units. There is a separate 3-car garage building in the back with a paved courtyard. The front yard features grass and front access to the main entrance of the units. Units are in overall great condition and feature separate electric and gas meters. Please do NOT disturb tenants. Contact agent for more info.

Last Agent to Sell the Property

Manny Carrillo

TOP PRODUCERS REALTY PARTNERS Listed on: 06/21/2023

Last Buyer's Agent

Martin Gonzalez

Realty Executives All Cities License #01204139

Realty Executives All Cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,702

Year Built

  • Built in 1943

Lot Details

  • 9,406 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Gated Parking
  • On-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,987 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Window Bars

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 18
  • Tax Tract Number 12663
  • Assessor Parcel Number 6156001030
  • $2,840 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $3,300
  • Water Sewer Expense $900
  • Operating Expense $5,100
  • Gross Income $34,200
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,702

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 225000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Window Bars
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: CORH*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6156001030
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front & Side
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 332.16
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door, Gated, Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 3300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 9406.00
  • Lot Size Acres: 0.2159

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 34200.00
  • Gross Scheduled Income: 2850.00
  • Insurance Expense: 900.00
  • Lot Size Area: 9406.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 350.00
  • Rent Control: No
  • Total Expenses: 5100.00

Tax Info

  • Tax Census Tract: 5428.00
  • Tax Lot: 18
  • Tax Tract Number: 12663
  • TaxOtherAnnualAssessmentAmount: 2840.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jul 11, 2023
Sold by
Marla G Velasquez Living Trust
Bought by
Ernandes Jack and Ernandes Patricia Ann
Seller's Agent
Manny Carrillo
TOP PRODUCERS REALTY PARTNERS
Buyer's Agent
Martin Gonzalez
Realty Executives All Cities
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Total Days on Market
11
Views
49
Current Estimated Value
$745,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,156
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Aug 6, 2020
Sold by
Velasquez Maria G
Bought by
Velasquez Maria G and Maria G Velasquez Living Trust

Purchase Details

Closed on
Jun 17, 2004
Sold by
Gomez Hector Velasquez
Bought by
Velasquez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2003
Sold by
Gomez Hector Velazquez
Bought by
Velazquez Maria G

Purchase Details

Closed on
Nov 17, 1997
Sold by
Stukan Paul and Stukan Yetty
Bought by
Velasquez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 1997
Sold by
Kelley Alfred and Kelley Joseph R
Bought by
Stukan Paul H
Source: Public Records

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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
Ernandes Jack $660,000 First American Title
Velasquez Maria G -- None Available
Velasquez Maria G -- Orange Coast Title
Velazquez Maria G -- --
Velasquez Maria G $160,000 United Title Company
Stukan Paul H $93,000 United Title
Kelley Alfred -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Maria G $408,765
Previous Owner Velasquez Maria G $325,000
Previous Owner Velasquez Maria G $282,000
Previous Owner Velasquez Maria G $243,000
Previous Owner Velasquez Maria G $187,000
Previous Owner Velasquez Maria G $156,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $660,000 0.0% $332 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/30/2023 06/30/23 Off Market $660,000 -- --
06/21/2023 06/21/23 For Sale $675,000 -- $340 / 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
2024 $12,702 $660,000 $460,000 $200,000
2023 $6,067 $258,480 $169,654 $88,826
2022 $6,692 $253,413 $166,328 $87,085
2021 $4,822 $248,445 $163,067 $85,378
2019 $5,565 $241,078 $158,231 $82,847
2018 $5,385 $236,352 $155,129 $81,223
2016 $5,060 $227,176 $149,106 $78,070
2015 $4,866 $223,765 $146,867 $76,898
2014 $4,800 $219,383 $143,991 $75,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23111059

California Regional Multiple Listing Service (CRMLS)

APN: 6156-001-030