NOT LISTED FOR SALE

118 W Bennett St Unit 2 Compton, CA 90220

Estimated Value: $812,000 - $1,072,000

4 Beds
2 Baths
2,016 Sq Ft
$443/Sq Ft Est. Value

Last Sold February 28, 2021

Last sale price $712,000 $353 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,893/month

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Bar
  • Park
  • 0.26 Acre Lot
  • Living Room
  • Laundry Room

About This Home

As of February 2021

Compton's newest opportunity with lots of possibilities. Perfect detached duplex on a huge lot (11,457) Zoned CORM which provide room to build additional units in the future. Buy it today with plans for a long-term play. Both units have 2-bedroom 1-bath with laundry hook ups in each unit. Property is great for investors and owner occupant buyer. Property will NOT be delivered vacant however the tenants are open to Cash for keys if the buyer would like the units vacant. Seller wants to sell as-is.

Last Agent to Sell the Property

Jonathan Anozie

The Realty Exchange Firm License #01252062 Listed on: 12/14/2020

Last Buyer's Agent

Rahul Bhagat

eXp Realty of California Inc License #01717339

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,854

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,016 Sq Ft Home
  • Bar
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 3789
  • Assessor Parcel Number 6163010003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1
  • Trash Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $3,600
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,854

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: CORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6163010003
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Interior Amenities: Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 353.17
  • Room Type: All Bedrooms Down, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11457.00
  • Lot Size Acres: 0.2630

Multi Family

  • Average2 Bed Area: 2 Square Feet
  • Gross Income: 3600.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 1.00
  • Lot Size Area: 11457.0000 Square Feet
  • Net Operating Income: 3600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 3600.00
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 5432.02
  • Tax Lot: 86
  • Tax Tract Number: 3789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 8, 2021
Sold by
Burnett Patricia and Simpson Delaina
Bought by
Singh Deepkaran and Grover Eva
Seller's Agent
Jonathan Anozie
The Realty Exchange Firm
Buyer's Agent
Rahul Bhagat
eXp Realty of California Inc
List Price
$700,000
Sold Price
$712,000
Premium/Discount to List
$12,000
1.71%
Current Estimated Value
$893,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,570
Avg. Annual Appreciation
5.06%
Original Mortgage
$534,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2018
Sold by
Smith Rico L and Smith Ganae
Bought by
Burnett Patricia and Simpson Delaina

Purchase Details

Closed on
Jun 12, 2015
Sold by
Smith Ganae
Bought by
Smith Rico L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2015
Sold by
Smith Rico Louis
Bought by
Smith Rico L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1995
Sold by
Smith Rico Louis
Bought by
Smith Rico Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.28%
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 Buyer Sale Price Title Company
Singh Deepkaran $712,000 Lawyers Title
Burnett Patricia $480,000 Lawyers Title Company
Smith Rico L -- Pacific Coast Title Company
Smith Rico L -- None Available
Smith Rico L -- Pacific Coast Title Company
Smith Rico Louis -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Deepkaran $534,000
Previous Owner Smith Rico L $136,000
Previous Owner Smith Rico Louis $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2021 02/28/21 Sold $712,000 +1.7% $353 / Sq Ft
12/14/2020 12/14/20 For Sale $700,000 -- $347 / 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 $13,854 $770,688 $554,203 $216,485
2024 $13,854 $755,578 $543,337 $212,241
2023 $13,670 $740,764 $532,684 $208,080
2022 $12,136 $726,240 $522,240 $204,000
2021 $8,868 $494,671 $288,558 $206,113
2020 $8,712 $489,600 $285,600 $204,000
2019 $8,614 $480,000 $280,000 $200,000
2018 $1,814 $68,261 $20,665 $47,596
2016 $1,722 $65,612 $19,863 $45,749
2015 $1,666 $64,627 $19,565 $45,062
2014 -- $63,362 $19,182 $44,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN20257448

California Regional Multiple Listing Service (CRMLS)

APN: 6163-010-003