$398,000
SOLD MAR 4, 2016

1143 W Spruce St Compton, CA 90220

3 Beds
3 Baths
1,906 Sq Ft
9,529 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

22 Days on Market

About This Home

As of October 2020

Location, Location, Location! ... Great investment property !!! 3 attached units 1 Bedroom 1 Bath each. Each has a 1 car Garage. Lot size a little under 10,000 sqft. This is a rare opportunity to own in a Great area of Compton. Property is located on a corner lot near schools , easy access to freeways and shopping centers. Property has been recently remodeled with new kitchen cabinets and granite counter top. Live in one and rent the others. Will not last!

Last Agent to Sell the Property

Josue Ramon

Excellence Premier Real Estate License #01768120 Listed on: 12/28/2015

Last Buyer's Agent

Manuel Fragoso

Tower Realty & Investments License #01323537

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,735

Year Built

  • Built in 1943

Lot Details

  • 9,529 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,906 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 12663
  • Assessor Parcel Number 6156001031

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,914
  • New Taxes Expense $2,500
  • Gross Income $2,700
  • Net Operating Income $30,486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,735

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6156001031
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 208.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1914.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9529.00
  • Price Per Lot Square Foot: 41.77
  • Lot Size Acres: 0.2190

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 9529.0000 Square Feet
  • Net Operating Income: 30486.00
  • 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: 1914.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Lot: 19
  • Tax Tract Number: 12663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 31, 2020
Sold by
Aleman Jeanette R
Bought by
Menendez Luis A
Seller's Agent
Paul Munoz
Freemanfoxx Realty
Buyer's Agent
Fernando Torres
Prominent 1 Realty
List Price
$549,900
Sold Price
$570,000
Premium/Discount to List
$20,100
3.66%
Total Days on Market
22
Current Estimated Value
$781,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,287
Avg. Annual Appreciation
5.72%
Original Mortgage
$541,106
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 28, 2015
Closed on
Feb 25, 2016
Sold by
Jjr Investments Llc
Bought by
Aleman Jeanette Ruiz
Seller's Agent
Josue Ramon
Excellence Premier Real Estate
Buyer's Agent
Manuel Fragoso
Tower Realty & Investments
List Price
$398,000
Sold Price
$398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$298,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2015
Closed on
Feb 18, 2016
Sold by
Adame Adolfo Aleman
Bought by
Aleman Jeanette Ruiz
Seller's Agent
Josue Ramon
Excellence Premier Real Estate
Buyer's Agent
Manuel Fragoso
Tower Realty & Investments
List Price
$398,000
Sold Price
$398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Jrr Investments Llc
Bought by
Jjr Investments Llc

Purchase Details

Listed on
Nov 12, 2013
Closed on
Dec 12, 2013
Sold by
Lowell Henry Cleaver Corporation
Bought by
Jjr Investments Llc
Seller's Agent
Maricela Lizarraga
Century 21 Allstars
Buyer's Agent
Josue Ramon
Excellence Premier Real Estate
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$306,200
Interest Rate
4.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $570,000 Orange Coast Title Company
Grant Deed $398,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed -- Accommodation
Grant Deed $290,000 North American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $541,106 FHA
Previous Owner $298,500 New Conventional
Previous Owner $306,200 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $570,000 +3.7% $299 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $549,900 0.0% $289 / Sq Ft
06/23/2020 06/23/20 For Sale $549,900 0.0% $289 / Sq Ft
05/28/2020 05/28/20 For Sale $549,900 +38.2% $289 / Sq Ft
03/04/2016 03/04/16 Sold $398,000 0.0% $209 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $398,000 +37.2% $209 / Sq Ft
01/06/2014 01/06/14 Sold $290,000 +1.8% $152 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $285,000 -- $150 / 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 $11,735 $604,888 $302,444 $302,444
2023 $11,577 $593,028 $296,514 $296,514
2022 $11,388 $581,400 $290,700 $290,700
2021 $10,057 $570,000 $285,000 $285,000
2019 $8,418 $422,359 $212,241 $210,118
2018 $8,135 $414,079 $208,080 $205,999
2016 $6,578 $322,742 $161,371 $161,371
2015 $5,965 $295,794 $147,897 $147,897
2014 $2,030 $41,546 $19,375 $22,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15266763

California Regional Multiple Listing Service (CRMLS)

APN: 6156-001-031