NOT LISTED FOR SALE

115 W Elm St Compton, CA 90220

Estimated Value: $726,246 - $783,000

5 Beds
2 Baths
1,740 Sq Ft
$435/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $455,000 $261 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,067/month

12 Days on Market

About This Home

As of August 2016

Perfect Duplex property for Investors or for first time home buyer that is looking to live in one unit and rent the other. This property has been fully renovated with New Custom Maple Kitchens with Granite Counters, New Bathrooms, new Porcelain Tile through out, new Garage Door, New Landscape with Sprinklers System, and New Water Heaters. Tenants pay their own utilities, so it's a low maintenance property with a lot of potential. Huge Driveway that can easily accommodate for up to 5 cars.

Last Agent to Sell the Property

Ignacio Gutierrez

Pak Home Realty License #01451846 Listed on: 06/09/2016

Pak Home Realty

Last Buyer's Agent

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,117

Year Built

  • Built in 1921

Lot Details

  • 5,793 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,740 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6157001034

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Maintenance Expense $50
  • Operating Expense $600
  • Gross Income $2,925
  • Net Operating Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,117

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-619-3302
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6157001034
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 261.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5793.00
  • Price Per Lot Square Foot: 78.54
  • Lot Size Acres: 0.1330

Multi Family

  • Gross Income: 2925.00
  • Gross Scheduled Income: 35100.00
  • Lot Size Area: 5793.0000 Square Feet
  • Maintenance Expense: 50.00
  • Net Operating Income: 34500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 600.00
  • Rent Control: No
  • Total Expenses: 600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 18, 2016
Sold by
I & L Capital Investments Inc
Bought by
Gonzalez David Contreras and Sanchez Erika
Seller's Agent
Ignacio Gutierrez
Pak Home Realty
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$444,900
Sold Price
$455,000
Premium/Discount to List
$10,100
2.27%
Total Days on Market
12
Current Estimated Value
$756,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,062
Avg. Annual Appreciation
5.25%
Original Mortgage
$341,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 9, 2015
Sold by
Franco Obdulla
Bought by
Franco Nasario
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Amaury Montalvo
Century 21 Realty Masters
List Price
$220,000
Sold Price
$275,000
Premium/Discount to List
$55,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.61%
Original Mortgage
$330,000
Interest Rate
3.64%

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 13, 2015
Sold by
Franco Nasario
Bought by
I & L Capital Investments Inc
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Amaury Montalvo
Century 21 Realty Masters
List Price
$220,000
Sold Price
$275,000
Premium/Discount to List
$55,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.64%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Franco Nasario
Bought by
Zepeda David and The Peter Moore Sandra Moore T

Purchase Details

Closed on
Jul 7, 2006
Sold by
Defranco Obdulia Trinidad
Bought by
Franco Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Defranco Obdulia Trinidad
Bought by
Franco Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Mena Jorge A
Bought by
Franco Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
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
Gonzalez David Contreras $455,000 North American Title Company
Franco Nasario -- Old Republic Title Company
I & L Capital Investments Inc $275,000 Old Republic Title Company
Zepeda David -- None Available
Franco Nasario -- Financial Title Company La
Franco Nasario -- Southland Title Corporation
Franco Nasario $380,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez David Contreras $336,000
Closed Gonzalez David Contreras $341,250
Previous Owner I & L Capital Investments Inc $330,000
Previous Owner Franco Nasario $477,000
Previous Owner Franco Nasario $414,000
Previous Owner Franco Nasario $304,000
Closed Franco Nasario $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $455,000 +2.3% $261 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $444,900 +61.8% $256 / Sq Ft
06/15/2015 06/15/15 Sold $275,000 +25.0% $158 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $220,000 -- $126 / 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 $10,117 $517,709 $176,362 $341,347
2023 $9,963 $507,558 $172,904 $334,654
2022 $8,445 $497,607 $169,514 $328,093
2021 $8,532 $487,851 $166,191 $321,660
2020 $8,378 $482,849 $164,487 $318,362
2019 $8,282 $473,382 $161,262 $312,120
2018 $8,054 $464,100 $158,100 $306,000
2016 $4,979 $279,192 $139,596 $139,596
2015 $7,327 $191,879 $106,600 $85,279
2014 -- $188,121 $104,512 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16124356

California Regional Multiple Listing Service (CRMLS)

APN: 6157-001-034