$562,000
SOLD AUG 26, 2016

118 E Cypress St Compton, CA 90220

7 Beds
4 Baths
2,754 Sq Ft
7,840 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

2% Above List Price

33 Days on Market

Highlights

  • Private Yard
  • Wall Furnace
  • 1-Story Property
  • Wrought Iron Fence

About This Home

As of April 2020

Great income property, perfect for first time home buyers. 4 units, two of which are remodeled. One two car garage and one car garage. Long driveway with space to park cars.

Last Agent to Sell the Property

Leticia Munoz

The CREM Group License #01969976 Listed on: 06/16/2016

Last Buyer's Agent

David Hwang

Dream Realty & Investments Inc License #01956201

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
  • Wrought Iron Fence
  • Wood Fence
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1-Story Property
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6160021006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $220
  • Operating Expense $220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,767

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 220.00
  • Property Type: Residential Income
  • Parcel Number: 6160021006
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One

Exterior Features

  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, Yard
  • Lot Size Sq Ft: 7840.00
  • Price Per Lot Square Foot: 71.68

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 220.00

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
Current Estimated Value
$1,002,583

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
6.78%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Wfg National Title
Grant Deed $770,000 Fidelity National Title Co
Grant Deed $562,000 Fidelity National Title Co
Grant Deed $240,000 Calcounties Title Nation
Trustee Deed $309,928 None Available
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- United Title Company
Grant Deed $227,000 American Title Co
Grant Deed $145,000 Provident Title Company
Grant Deed $238,662 Fidelity National Title Ins
Trustee Deed $238,662 Fidelity National Title Ins
Grant Deed $225,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title
Corporate Deed $113,000 Chicago Title
Trustee Deed $115,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $756,053 FHA
Previous Owner $421,500 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $210,000 Unknown
Previous Owner $280,000 Unknown
Previous Owner $458,500 Unknown
Previous Owner $301,000 New Conventional
Previous Owner $270,000 Purchase Money Mortgage
Previous Owner $225,491 FHA
Previous Owner $177,350 FHA
Previous Owner $217,108 FHA
Previous Owner $84,700 No Value Available
Closed $43,000 No Value Available
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
2025 $14,767 $864,884 $546,522 $318,362
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: DW16131582

California Regional Multiple Listing Service (CRMLS)

APN: 6160-021-006