NOT LISTED FOR SALE

1200 S Wilmington Ave Compton, CA 90220

Estimated Value: $851,000 - $1,013,000

6 Beds
3 Baths
1,992 Sq Ft
$475/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $700,000 $351 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,074/month

52 Days on Market

Highlights

  • Horse Property
  • Gated Parking
  • Corner Lot
  • All Bedrooms Downstairs
  • Property is near park
  • Lawn

About This Home

As of November 2020

WOW 3 UNITS IMMACULATE TRIPLEX IN COMPTON RICHLAND FARMS AREA HORSE RANCH AREA MANY RANCH PROPERTIES IN AREA. 100%COMPLETE REHAB IN 2016 TRIPLEX EVERYTHING FROM BOTTOM TO TOP INTERIOR TO EXTERIOR REHABBED,THIS ONE OF A KIND BREAD AND BUTTER UNITS RENTED AT 70% MARKET VALUE, THIS PROPERTY IS ON THE MARKET ONCE AGAIN SINCE BEING BUILT IN 1955 IT FEATURES 3 @ 2 BEDROOM 1 BATH UNITS @ 664 SQ/FT EACH UNIT, 3 1 CAR GARAGES WITH ROLL UP DOORS EACH UNIT INDIVIDUALLY METERED FOR GAS & ELECTRIC, THERE IS A SEPARATE ON SITE LAUNDRY ROOM BEHIND GARAGES WHICH COULD GENERATE INCOME WITH ITS OWN SEPARATE LIGHT AND GAS METERS. TILED & LAMINATE FLOORS NEW KITCHENS,LIVING ROOM CONDITIONS ARE EXCELLENT 10/10 CONDITIONS, WITH EXCELLENT TENANTS. BUILT IN 1956 THIS IS EXCELLENT FOR 1ST TIME OR SEASONED INVESTORS THAT ARE LOOKING FOR LOW MAINTENANCE HIGH INCOME YIELDING PROPERTY IN AN EXCELLENT RENTAL MARKET AREA IN AN UP AND COMING CITY OF COMPTON. CENTRAL TO ALL SHOPPING IN MINUTES FROM DOWNTOWN, WALKING DISTANCE TO METRO RAIL. FREEWAYS, LAX, BRAND NEW COMPTON HIGH SCHOOL TO BE BUILT IN THE NEAR FUTURE . CENTRAL TO NEARBY ENTERTAINMENT IN DOWNTOWN ALL STADIUMS, METRO AREA, YOUR CLIENTS WON'T BE DISAPPOINTED IN THIS ONE, EVERYTHING NEW AS FOLLOWS-- STUCCO,ROOF,WINDOW,ELECTRICAL PANELS,GARAGES,KITCHENS,BATHROOMS,FLOORING,LIGHTING,DOORS,PLUMBING,PAINT,ETC,ETC AND SO ON

Last Agent to Sell the Property

mike rico

Realty One Group United License #01241637 Listed on: 03/06/2020

Realty One Group United

Last Buyer's Agent

mike rico

Realty One Group United License #01241637 Listed on: 03/06/2020

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 6,203 Sq Ft Lot
  • Two or More Common Walls
  • Northeast Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in fair condition
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Lawn

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Gated Parking
  • Assigned Parking

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey
  • Combination Foundation
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Horse Property

Location

  • Property is near park
  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 137
  • Tax Tract Number 1473
  • Assessor Parcel Number 6162003017

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Horse Trails

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $120
  • Water Sewer Expense $100
  • Operating Expense $220
  • Gross Income $4,475
  • Net Operating Income $220

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: RICHLAND FARMS
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: COR3
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6162003017
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 351.41
  • Room Type: All Bedrooms Down, Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Combination, Raised
  • Fence: Yes
  • Fencing: Block, Fair Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Front, Garage - Three Door, Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 120.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Horse Property, Lawn, Level with Street, Rectangular Lot, Level, Park Nearby
  • Lot Size Sq Ft: 6203.00
  • Lot Size Acres: 0.1424

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 664 Square Feet
  • Gross Income: 4475.00
  • Gross Scheduled Income: 4475.00
  • Lot Size Area: 6203.0000 Square Feet
  • Net Operating Income: 220.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 220.00
  • Rent Control: No
  • Total Actual Rent: 4475.00
  • Total Expenses: 220.00

Tax Info

  • Tax Census Tract: 5432.01
  • Tax Lot: 137
  • Tax Tract Number: 1473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Nov 5, 2020
Sold by
Hernandez Raul S and Hernandez Graciela
Bought by
Hernandez Raul S and Hernandez Graciela
Seller's Agent
mike rico
Realty One Group United
Buyer's Agent
mike rico
Realty One Group United
List Price
$789,900
Sold Price
$700,000
Premium/Discount to List
-$89,900
-11.38%
Current Estimated Value
$945,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,607
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
May 1, 2020
Sold by
Vazquez Jaime and Gonzalez Maria Lourdes
Bought by
Hernandez Raul S and Hernandez Fraciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,850
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2016
Closed on
Dec 2, 2016
Sold by
Gonzalez Eliseo
Bought by
Gonzalez Maria Lourdes
Seller's Agent
Brisa Bueno
Century 21 Allstars
Buyer's Agent
mike rico
Realty One Group United
List Price
$560,000
Sold Price
$559,999
Premium/Discount to List
-$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$393,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2016
Sold by
Bueno Properties Llc
Bought by
Vasquez Jaime and Gonzalez Maria Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2016
Sold by
Capital Cove Asset Management Inc
Bought by
Bueno Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
The Fannie Cheeks Revocable Intervivos T
Bought by
Capital Cove Asset Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Raul S -- Pacific Coast Title Company
Hernandez Raul S $700,000 Pacific Coast Title Company
Gonzalez Maria Lourdes -- Old Republic Title Company
Vazquez Jaime -- Old Republic Title Company
Vasquez Jaime $550,000 Old Republic Title Company
Bueno Properties Llc $335,500 Fidelity National Title
Capital Cove Asset Management Inc $285,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Raul S $512,850
Previous Owner Vasquez Jaime $393,750
Previous Owner Bueno Properties Llc $131,000
Previous Owner Capital Cove Asset Management Inc $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2020 11/02/20 Sold $700,000 -11.4% $351 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $789,900 +41.1% $397 / Sq Ft
12/12/2016 12/12/16 Sold $559,999 0.0% $281 / Sq Ft View Prior Sale
11/17/2016 11/17/16 For Sale $560,000 0.0% $281 / Sq Ft
11/10/2016 11/10/16 Off Market $559,999 -- --
10/07/2016 10/07/16 Pending -- -- --
09/15/2016 09/15/16 Price Changed $560,000 +1.8% $281 / Sq Ft
09/15/2016 09/15/16 For Sale $550,000 0.0% $276 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $550,000 -- $276 / 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 $13,963 $757,700 $378,850 $378,850
2024 $13,963 $742,844 $371,422 $371,422
2023 $13,763 $728,280 $364,140 $364,140
2022 $12,018 $714,000 $357,000 $357,000
2021 $12,147 $700,000 $350,000 $350,000
2019 $10,061 $572,220 $156,060 $416,160
2018 $9,802 $561,000 $153,000 $408,000
2016 $5,155 $289,345 $174,216 $115,129
2015 $4,159 $235,396 $117,698 $117,698
2014 $1,133 $39,751 $10,776 $28,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20049630

California Regional Multiple Listing Service (CRMLS)

APN: 6162-003-017