NOT LISTED FOR SALE

120 N Acacia Ave Compton, CA 90220

1 Bed
1 Bath
3,354 Sq Ft
5,663 Sq Ft

Last Sold May 24, 2023

Last sale price $600,000 $179 Per Sq Ft

33 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Wall Furnace
  • Living Room
  • Wrought Iron Fence

About This Home

As of May 2023

CONTRACTORS, INVESTORS - EXCELLENT REFURBISHMENT / RENOVATION / REPOSITIONING OPPORTUNITY. TWO BUILDINGS ON ONE LOT. FIVE 1-BEDROOM APARTMENT UNITS. INDIVIDUALLY METERED GAS AND ELECTRIC FOR EACH APARTMENT UNIT. EACH APARTMENT UNIT IS WELL SIZED WITH EACH HAVING ITS OWN DISTINCT LIVING ROOM, DINING AREA, KITCHEN, HALL CLOSET, FULL BATHROOM AND LARGE SINGLE BEDROOM WITH CLOSET. EASY TO RENT. TOTAL LIVING AREA FOR THE 5-UNITS APPROXIMATES 3,354 SQUARE FEET. DRYWALL HAS BEEN REMOVED FROM FOUR OF THE FIVE UNITS (B THRU E) - DOWN TO STUDS. LEAD AND ASBESTOS HAVE ALSO BEEN ABATED ON FOUR OF THE 5 UNITS (B THRU E). NICELY MAINTAINED AND LANDSCAPED GROUNDS AND COMMON AREA.

Last Agent to Sell the Property

Scott McGookin

BHHS CA Properties License #01264060 Listed on: 03/26/2023

BHHS CA Properties

Last Buyer's Agent

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. License #02103055

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1958

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Apartment
  • Fire Rated Drywall
  • Asphalt
  • Stucco

Interior Spaces

  • 3,354 Sq Ft Home
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 5 / 7
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157016002
  • $1,539 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Gardener Expense $1,642
  • Insurance Expense $1,235
  • Maintenance Expense $2,560
  • Pest Control $890
  • Supplies Expense $924
  • Trash Expense $3,200
  • Water Sewer Expense $2,628
  • Operating Expense $13,599
  • Gross Income $105,840
  • Net Operating Income $92,241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,415

Year Built

Built in 1958

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Supplies Expense: 924.00
  • Water Sewer Expenses: 2628.00
  • Zoning: CORH*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1642.00
  • Parcel Number: 6157016002
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 178.89
  • Room Type: Kitchen, Living Room, Master Bathroom

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Asphalt, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Pest Control Expense: 890.00
  • Sewer: Public Sewer
  • Trash Expense: 3200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 670 Square Feet
  • Gross Income: 105840.00
  • Gross Scheduled Income: 105840.00
  • Insurance Expense: 1235.00
  • Lot Size Area: 5663.0000 Square Feet
  • Maintenance Expense: 2560.00
  • Net Operating Income: 92241.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 13599.00
  • Rent Control: No
  • Total Expenses: 13599.00

Tax Info

  • Tax Block: 7
  • Tax Lot: 5
  • Tax Rate: 1.56
  • Tax Tract Number: 5922
  • Tax Annual Amount: 1415.00
  • TaxOtherAnnualAssessmentAmount: 1539.00
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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
05/24/2023 05/24/23 Sold $600,000 -45.2% $179 / Sq Ft
05/02/2023 05/02/23 For Sale $1,095,000 +82.5% $326 / Sq Ft
05/01/2023 05/01/23 Off Market $600,000 -- --
04/30/2023 04/30/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $1,095,000 -- $326 / 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 $12,644 $1,325,000 $700,000 $625,000
2024 $12,644 $683,400 $408,000 $275,400
2023 $3,060 $92,315 $15,045 $77,270
2022 $2,954 $90,505 $14,750 $75,755
2021 $2,941 $88,731 $14,461 $74,270
2019 $2,878 $86,101 $14,033 $72,068
2018 $2,752 $84,413 $13,758 $70,655
2016 $2,564 $81,137 $13,225 $67,912
2015 $2,487 $79,919 $13,027 $66,892
2014 $2,482 $78,354 $12,772 $65,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23037520

California Regional Multiple Listing Service (CRMLS)
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