NOT LISTED FOR SALE

116 E Maple St Compton, CA 90220

Estimated Value: $785,000 - $982,503

6 Beds
3 Baths
2,542 Sq Ft
$351/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $486,000 $191 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,621/month

65 Days on Market

About This Home

As of April 2016

Looking for an investment? Look no more! Great Investment opportunity for first time Buyers or Investors. LIKE NEW! Live in one and rent the other two units. Each unit consists of 2 bedrooms 1 bath, laundry area and garages. Two of the units were built in 2007 and the third unit was remodeled at the same time. FHA & VA buyers are welcome. VERY SPACIOUS TRIPLEX WITH 2542 Sf of living space on a HUGE LOT 7522 Sf. . 5 Garages and a long drive way. Enough parking for 9 Cars. Do not pass up this excellent opportunity. This listing is a Money Making Machine. One of the units can be delivered vacant if requested or needed. Centrally Located to the 710 FWY, 91 FWY & 110 FWY Only a few minutes away from Downtown LA, Staples Center, LA Live, Nokia Center.

Last Agent to Sell the Property

Maria Olmos

Y Realty License #00956497 Listed on: 11/28/2015

Last Buyer's Agent

Jerry Macias

Vida Real Estate License #01967886

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,523 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Home Design

  • 2,542 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Rain Gutters
  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1315
  • Tax Tract Number 3765
  • Assessor Parcel Number 6166003007

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $3,000
  • New Taxes Expense $3,475
  • Operating Expense $8,275
  • Gross Income $3,400
  • Net Operating Income $32,525

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6166003007
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 191.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage, Shared Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 7523.00
  • Price Per Lot Square Foot: 64.60
  • Lot Size Acres: 0.1730

Multi Family

  • Gross Income: 3400.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7523.0000 Square Feet
  • Net Operating Income: 32525.00
  • 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: 8275.00
  • Rent Control: No
  • Total Expenses: 8275.00

Tax Info

  • New Taxes Expense: 3475.00
  • Tax Lot: 1315
  • Tax Tract Number: 3765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2016
Sold by
Evangelista Nelson
Bought by
Segoviano Manuel
Current Estimated Value
$891,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,755
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2011
Sold by
Evangelista Adelaida
Bought by
Evangelista Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2011
Sold by
Hooks Dale Jeffrey
Bought by
Evangelista Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2003
Sold by
Hooks Jefferson and Hooks Gloria Ann
Bought by
Hooks Dale Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Segoviano Manuel $486,000 Ticor Title
Evangelista Nelson -- Stewart Title Of California
Evangelista Nelson $278,000 Stewart Title Of California
Hooks Dale Jeffrey $74,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Segoviano Manuel $456,755
Previous Owner Evangelista Nelson $208,500
Previous Owner Hooks Dale Jeffrey $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $486,000 +8.0% $191 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $449,900 -- $177 / 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
2025 $11,235 $575,319 $236,756 $338,563
2024 $11,235 $564,039 $232,114 $331,925
2023 $11,070 $552,980 $227,563 $325,417
2022 $9,503 $542,138 $223,101 $319,037
2021 $9,592 $531,509 $218,727 $312,782
2019 $9,316 $515,746 $212,241 $303,505
2018 $9,024 $505,634 $208,080 $297,554
2016 $5,449 $294,966 $72,149 $222,817
2015 $5,213 $290,537 $71,066 $219,471
2014 $5,129 $284,846 $69,674 $215,172
Source: Public Records

Agents Affiliated with this Home

  • Maria Olmos

    Seller's Agent in 2016

    Maria Olmos

    Y Realty

    (562) 824-6227

    5 in this area

    49 Total Sales

    Maria Olmos
    Section Image
  • Jerry Macias

    Buyer's Agent in 2016

    Jerry Macias

    Vida Real Estate

    (562) 608-3679

    1 in this area

    42 Total Sales

    Jerry Macias
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15251685

California Regional Multiple Listing Service (CRMLS)

APN: 6166-003-007

California Los Angeles County Compton 90220

116 E Maple St, Compton, CA

Not Listed for Sale

MultiFamily

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