NOT LISTED FOR SALE

118 E Cypress St Compton, CA 90220

Estimated Value: $957,000 - $1,047,238

7 Beds
4 Baths
2,754 Sq Ft
$367/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $770,000 $280 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,901/month

47 Days on Market

About This Home

As of April 2020

Cap 6.4% ..............Great property Investment Income Opportunity, Don't wait please bring your Buyer. Total of 4 unit, 2 of them with 1 Bed and 1 Bath,
3rd unit 2 bed and 1 bath and 4th unit, 3 bed and 1 bath... Plenty parking space with a long drive way.

Last Agent to Sell the Property

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341 Listed on: 12/12/2019

Last Buyer's Agent

Manuel Flores Canchola

Iberri & Associates Real Estate License #02049210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,767

Year Built

  • Built in 1947

Lot Details

  • 7,840 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,754 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 3 / 27
  • Assessor Parcel Number 6160021006

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $4,000
  • New Taxes Expense $10,000
  • Operating Expense $16,500
  • Gross Income $78,844
  • Net Operating Income $62,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,767

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4000.00
  • Zoning: CORH*
  • Property Type: Residential Income
  • Parcel Number: 6160021006
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 279.59

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7840.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 78844.00
  • Gross Scheduled Income: 78844.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7840.0000 Square Feet
  • Net Operating Income: 62344.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16500.00
  • Rent Control: No
  • Total Expenses: 16500.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 27
  • Tax Census Tract: 5425.02
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
San Roman Zoraida Estephanie and San Roman Victor
Bought by
Jimenez Evangelina and Roman Victor Emmanuel
Total Days on Market
47
Current Estimated Value
$1,010,060

Purchase Details

Closed on
Sep 6, 2019
Sold by
Choi Dong Sik and Park On Jung
Bought by
Ramon Zoraida Estephanie San and Ramon Victor Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,053
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 19, 2016
Sold by
Munoz Enrique and Munoz Maria L
Bought by
Choi Dong Sik and Park On Jung
Seller's Agent
Leticia Munoz
The CREM Group
Buyer's Agent
David Hwang
Dream Realty & Investments Inc
List Price
$550,000
Sold Price
$562,000
Premium/Discount to List
$12,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$421,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2011
Sold by
Crisette Llc
Bought by
Munoz Enrique and Munoz Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2008
Sold by
Weathers Tommy Leroy
Bought by
Crisette Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2005
Sold by
Weathers Tommy Leroy and Weathers Tommy
Bought by
Weathers Tommy Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Weathers Saundra L
Bought by
Weathers Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2000
Sold by
Hsis Schools Inc
Bought by
Weathers Saundra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,491
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 1999
Sold by
Hud
Bought by
Hsis Schools Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,350
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Sep 17, 1998
Sold by
Gonzalez Ernesto and Gonzalez Maria
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Jan 8, 1997
Sold by
Agredano Leo
Bought by
Gonzalez Ernesto and Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,108
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1996
Sold by
Agredano Cecilia
Bought by
Agredano Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
7.87%

Purchase Details

Closed on
Sep 10, 1996
Sold by
Great Western Bank Fsb
Bought by
Agredano Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
7.87%

Purchase Details

Closed on
May 31, 1996
Sold by
Mejia Jorge A and Mejia Rosa M
Bought by
Great Western Bank Fsb
Source: Public Records

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Range of Values:

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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
Jimenez Evangelina -- Wfg National Title
Ramon Zoraida Estephanie San $770,000 Fidelity National Title Co
Choi Dong Sik $562,000 Fidelity National Title Co
Munoz Enrique $240,000 Calcounties Title Nation
Crisette Llc $309,928 None Available
Weathers Tommy Leroy -- Chicago Title Co
Weathers Tommy -- United Title Company
Weathers Saundra L $227,000 American Title Co
Hsis Schools Inc $145,000 Provident Title Company
Hud $238,662 Fidelity National Title Ins
Homeside Lending Inc $238,662 Fidelity National Title Ins
Gonzalez Ernesto $225,000 Chicago Title Co
Agredano Leo -- Chicago Title
Agredano Leo $113,000 Chicago Title
Great Western Bank Fsb $115,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramon Zoraida Estephanie San $756,053
Previous Owner Choi Dong Sik $421,500
Previous Owner Munoz Enrique $180,000
Previous Owner Crisette Llc $210,000
Previous Owner Crisette Llc $280,000
Previous Owner Weathers Tommy Leroy $458,500
Previous Owner Weathers Tommy Leroy $301,000
Previous Owner Weathers Tommy $270,000
Previous Owner Weathers Saundra L $225,491
Previous Owner Hsis Schools Inc $177,350
Previous Owner Gonzalez Ernesto $217,108
Previous Owner Agredano Leo $84,700
Closed Weathers Tommy Leroy $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $770,000 -9.4% $280 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $850,000 +51.2% $309 / Sq Ft
08/26/2016 08/26/16 Sold $562,000 +2.2% $204 / Sq Ft
06/16/2016 06/16/16 For Sale $550,000 -- $200 / 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 $14,767 $847,926 $535,806 $312,120
2023 $14,593 $831,300 $525,300 $306,000
2022 $13,514 $793,536 $309,170 $484,366
2021 $13,653 $777,977 $303,108 $474,869
2020 $10,629 $597,057 $212,241 $384,816
2019 $10,505 $585,364 $208,080 $377,284
2018 $10,191 $573,900 $204,000 $369,900
2016 $5,015 $259,738 $129,869 $129,869
2015 $4,803 $255,838 $127,919 $127,919
2014 $4,735 $250,828 $125,414 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19280018

California Regional Multiple Listing Service (CRMLS)

APN: 6160-021-006