NOT LISTED FOR SALE

119 N Culver Ave Compton, CA 90220

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

Sale Details

Date 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
  • Benjamin O. Davis Middle School Rated 9+

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
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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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2018
Sold by
Bought by

Purchase Details

Listed on
Jun 4, 2012
Closed on
Oct 3, 2012
Sold by
Bought by
Seller's Agent
William Allen
Queen City Realty
Buyer's Agent
Julio Gonzalez
Keller Williams SELA
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jun 18, 2012
Sold by
Bought by
Seller's Agent
William Allen
Queen City Realty
Buyer's Agent
Julio Gonzalez
Keller Williams SELA
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bought by

Purchase Details

Closed on
May 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
-- None Available
$385,000 Ortc
-- --
$640,000 Ticor Title
$370,000 Diversified Title & Escrow S
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $269,500
Previous Owner $465,000
Previous Owner $295,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,318 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P824161

California Regional Multiple Listing Service (CRMLS)
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