NOT LISTED FOR SALE

119 N Culver Ave Compton, CA 90220

-- Bed
-- Bath
3,324 Sq Ft
1947 Built

Last Sold August 10, 2012

Last sale price $385,000 $116 Per Sq Ft

14 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of August 2012

Across the street from the courthouse and a quater block from I new McDonalds sits this bread & butter gem. There is upside in the rents and onsite laundry that hasn't been capitialized on. The owner bought this one at the tip top of the market, and they've had about as much fun as they can stand. This is NOT a short sale, bring all legitimate offers and let's make this happen.

Last Agent to Sell the Property

William Allen

Queen City Realty License #01240136 Listed on: 06/04/2012

Last Buyer's Agent

Julio Gonzalez

Keller Williams SELA License #01203986

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Parking

  • 6 Parking Spaces

Home Design

  • 3,324 Sq Ft Home
  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2
  • Assessor Parcel Number 6157016013

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • New Taxes Expense $5,300
  • Gross Income $3,860
  • Net Operating Income $39,735

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.06
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6157016013
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 115.82

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 3860.00
  • Gross Multiplier: 8.52
  • Gross Scheduled Income: 46335.00
  • Insurance Expense: 650.00
  • Net Operating Income: 39735.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 16600.00

Tax Info

  • New Taxes Expense: 5300.00
  • Tax Lot: 12
  • Tax Tract Number: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $385,000 -2.5% $116 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $395,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,274 $474,085 $184,707 $289,378
2024 $9,274 $464,790 $181,086 $283,704
2023 $9,172 $455,678 $177,536 $278,142
2022 $8,693 $446,744 $174,055 $272,689
2021 $8,752 $437,986 $170,643 $267,343
2019 $8,513 $425,297 $165,583 $259,714
2018 $8,263 $416,965 $162,337 $254,628
2016 $7,811 $400,487 $156,034 $244,453
2015 $7,486 $394,473 $153,691 $240,782
2014 $7,378 $386,747 $150,681 $236,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P824161

California Regional Multiple Listing Service (CRMLS)